Good News Radio
- Assets
- $6.0m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Redlands, CA
- Founding
- 12/1972
- Data as of
- 06/2021
- EIN
- 23-7243474
Organization Overview
Good News Radio is located in Redlands, CA. The organization was established in 1972. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Good News Radio employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good News Radio 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 06/2021, Good News Radio generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 2.8% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GOOD NEWS RADIO IS A MINISTRY THAT DRAWS PEOPLE CLOSER TO GOD BY PROVIDING ENCOURAGEMENT, EDIFYING BELIEVERS AND BUILDING COMMUNITY THROUGH CHRISTIAN MUSIC, MISSION OUTREACH, AND EVENTS.
Describe the Organization's Program Activity:
THE ORGANIZATION BROADCASTS CHRISTIAN MUSIC AND CONVERSATION ON FM RADIO, ONLINE STREAMING AND FREE MOBILE APPS (FOR IPHONE AND ANDROID). LISTENING IS MEASURED BY NIELSEN DATA AND AVAILABLE TO NON-PROFIT RADIO STATIONS THROUGH RADIO RESEARCH CONSORTIUM. THE AVERAGE WEEKLY P6+ CUME FOR FISCAL YEAR 2020-2021: 167,367COMMUNITY OUTREACHES WERE LIMITED THIS PERIOD DUE TO COVID-19. THE ORGANIZATION WAS ABLE TO PROVIDE THESE: HEARTS FOR KIDS CHRISTMAS TOY DRIVE BENEFITTING ADONAI FAMILIES: THE 2020 CAMPAIGN INCLUDED TOY COLLECTION BOXES AT NINE PARTICIPATING CORKY'S RESTAURANT & BAKERY LOCATIONS, PLUS AN ONLINE "VIRTUAL" TOY DRIVE OPTION TO PURCHASE ITEMS FROM ADONAI FAMILIES' AMAZON WISH LIST. APPROXIMATELY 1,200 TOYS AND OVER $750 IN GIFT CARDS WERE DONATED THROUGH THIS CAMPAIGN TO HELP KIDS BATTLING SERIOUS ILLNESS AND THEIR FAMILIES.HOPE TO DREAM: THE 2021 HOPE TO DREAM CAMPAIGN WAS A PARTNERSHIP WITH HOPE TO DREAM AND ASHLEY HOMESTORE TO DISTRIBUTE NEW BEDDING TO CHILDREN WHO LACK GOOD BEDS. THE CAMPAIGN RAN FROM APRIL 20 - MAY 8, 2021. 50-55 NAMES WERE SUBMITTED THAT ASHLEY HOMESTORE THEN VETTED FOR BED RECIPIENTS. GOOD NEWS RADIO PROVIDED CASH DONATIONS (FROM THE SALE OF INVESTMENTS) TO COMMUNITY OUTREACHES EXPERIENCING GREATER NEED FOR SERVICE IN THE AREA OF FOOD INSECURITY. THE MINISTRY ALSO PROVIDED MEALS ON CHRISTMAS EVE 2020 FOR ESSENTIAL WORKERS AT AN AREA HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Green Program Director | 40 | $101,699 | |
Dawn Hibbard General Manager | Officer | 40 | $74,544 |
Phil Orr Secretary | OfficerTrustee | 2 | $0 |
Andrew Walcker CFO | OfficerTrustee | 2 | $0 |
Charles Keyes President/chairman | OfficerTrustee | 2 | $0 |
Bobbie Mays Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $211,226 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,734,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,945,326 |
| Total Program Service Revenue | $130,204 |
| Investment income | $78,403 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,031 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,186,642 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,376 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,544 |
| Compensation of current officers, directors, key employees. | $74,544 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $685,617 |
| Pension plan accruals and contributions | $66,867 |
| Other employee benefits | $74,661 |
| Payroll taxes | $51,709 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,640 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $98,795 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,289 |
| Advertising and promotion | $16,292 |
| Office expenses | $0 |
| Information technology | $102,231 |
| Royalties | $0 |
| Occupancy | $118,838 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,940 |
| Insurance | $18,950 |
| All other expenses | $36,527 |
| Total functional expenses | $1,751,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,560 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,514 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,503 |
| Net Land, buildings, and equipment | $242,897 |
| Investments—publicly traded securities | $5,410,610 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,200 |
| Total assets | $5,957,284 |
| Accounts payable and accrued expenses | $75,813 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $75,813 |
| Net assets without donor restrictions | $5,868,292 |
| Net assets with donor restrictions | $13,179 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,957,284 |
Grants Awarded
Over the last fiscal year, Good News Radio has awarded $56,475 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HELPING HANDS PANTRY PURPOSE: FOOD INSECURITY | $20,000 |
Highland, CA PURPOSE: FOOD INSECURITY | $10,000 |
Riverside, CA PURPOSE: FOOD INSECURITY | $10,000 |
Highland, CA PURPOSE: FOOD INSECURITY | $10,000 |
CORONA REGIONAL MEDICAL CENTER PURPOSE: MEALS FOR FRONT-LINE WORKERS | $6,475 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Good News Radio has recieved totaling $1,250.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $750 |
Trautwein Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace To You Valencia, CA | $15,537,959 | $17,725,450 |
Far East Broadcasting Company Inc La Mirada, CA | $18,729,557 | $16,885,505 |
Family Life Broadcasting System Tucson, AZ | $3,403,352 | $4,263,309 |
Family Life Broadcasting System Tucson, AZ | $16,789,699 | $6,997,211 |
Know The Truth Anaheim, CA | $277,265 | $2,161,800 |
Good News Radio Redlands, CA | $5,957,284 | $2,186,642 |
Focal Point Radio Ministries Aliso Viejo, CA | $1,552,754 | $1,544,066 |
Korean Gospel Broadcasting Network Anaheim, CA | $3,557,859 | $1,084,200 |
Ujima Adult And Family Services San Jose, CA | $204,390 | $1,215,126 |
Narrow Path Temecula, CA | $622,285 | $1,350,306 |
Penfold Communications Inc Temecula, CA | $1,866,392 | $1,074,996 |
Cts America Inc Fullerton, CA | $390,247 | $1,010,192 |