Holy Spirit Radio Foundation Inc
- Assets
- $6.2m
- Revenue
- $212.1k
- Investments
- $5.4m
- Employees
- 0
- Location
- Doylestown, PA
- Founding
- 01/1999
- Data as of
- 06/2023
- EIN
- 23-2981164
Organization Overview
Holy Spirit Radio Foundation Inc is located in Doylestown, PA. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Spirit Radio Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Holy Spirit Radio Foundation Inc generated $212.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $243.0k during the year ending 06/2023. While expenses have increased by 2.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT EXPENSES RELATED TO OPERATING A NONCOMMERCIAL RELIGIOUS (CATHOLIC) EDUCATIONAL AM RADIO BROADCASTING STATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale W Meier President | 25 | $0 | |
Jane C Meier Executive VP | 15 | $0 | |
Carolyn M Eliason Secretary/tr | 15 | $30,514 | |
Frank B Eliason IV Director | 15 | $40,674 | |
Catherine Pearson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $66,365 |
| Interest on Savings | $0 |
| Dividends & Interest | $107,402 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,339 |
| Capital Gain Net Income | $38,339 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $212,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $71,188 |
| Other employee salaries and wages | $10,978 |
| Pension plans, employee benefits | $8,118 |
| Interest | $0 |
| Taxes | $11,365 |
| Depreciation | $45,315 |
| Occupancy | $21,334 |
| Travel, conferences, and meetings | $1,846 |
| Printing and publications | $0 |
| Other expenses | $66,552 |
| Total operating and administrative expenses | $241,111 |
| Contributions, gifts, grants paid | $1,900 |
| Total expenses and disbursements | $243,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,140 |
| Savings and temporary cash investments | $131,342 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,996 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $498,038 |
| Other assets | $94,875 |
| Total assets | $6,208,807 |
| Accounts payable and accrued expenses | $4,518 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,518 |
Grants Awarded
Over the last fiscal year, Holy Spirit Radio Foundation Inc has awarded $1,900 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BUCKS COUNTY PRO-LIFE COALITION PURPOSE: UNRESTRICTED OPERATING FUNDS | $400 |
MY FATHER'S VINEYARD PURPOSE: UNRESTRICTED OPERATING FUNDS | $1,500 |