Salt & Light Radio Inc
- Assets
- $2.0m
- Revenue
- $960.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Boise, ID
- Founding
- 06/2009
- Data as of
- 12/2023
- EIN
- 26-2449342
Organization Overview
Salt & Light Radio Inc is located in Boise, ID. The organization was established in 2009. 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 12/2023, Salt & Light Radio Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salt & Light Radio 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 12/2023, Salt & Light Radio Inc generated $960.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $943.1k during the year ending 12/2023. While expenses have increased by 9.7% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND ADMINISTER RADIO STATIONS WITH CONTENT RELATED TO THE ROMAN CATHOLIC CHURCH IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED OPERATION OF RADIO STATIONS, BROADCASTING ROMAN CATHOLIC RADIO CONTENT TO THE IDAHO MARKET. ALL PROGRAM SERVICE EXPENSES WERE USED DURING THE YEAR TO OPERATE THESE RADIO STATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Pettyjohn Director, President | OfficerTrustee | 40 | $0 |
William Teske Vp, Director | OfficerTrustee | 10 | $0 |
Hans Nederend Director | Trustee | 20 | $0 |
Teresa Zepeda Director | Trustee | 2 | $0 |
Maureen O'toole Secretary | Trustee | 2 | $0 |
Carey Mcneal Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $311,206 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,858 |
| Noncash contributions included in lines 1a–1f | $11,862 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $553,064 |
| Total Program Service Revenue | $383,742 |
| Investment income | $7,536 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,089 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $960,431 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $339,089 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,934 |
| Fees for services: Management | $97,036 |
| Fees for services: Legal | $16,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,334 |
| Office expenses | $754 |
| Information technology | $18,968 |
| Royalties | $0 |
| Occupancy | $43,812 |
| Travel | $7,251 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,466 |
| Insurance | $12,991 |
| All other expenses | $61,881 |
| Total functional expenses | $943,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $494,309 |
| Savings and temporary cash investments | $2,099 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,200 |
| 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 | $13,477 |
| Net Land, buildings, and equipment | $1,513,480 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,025,565 |
| Accounts payable and accrued expenses | $10,637 |
| Grants payable | $0 |
| Deferred revenue | $67,629 |
| 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 | $78,266 |
| Net assets without donor restrictions | $1,947,299 |
| Net assets with donor restrictions | $0 |
| 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 | $2,025,565 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Salt & Light Radio Inc Boise, ID | $2,025,565 | $960,431 |
247 Media Ministries Wilsonville, OR | $405,546 | $816,226 |
Sacred Heart Radio Incorporated Kirkland, WA | $1,244,009 | $936,278 |
Radio Mv U-Turn Ministry Mount Vernon, WA | $481,654 | $607,103 |
Final Fight Bible Radio Eagle, ID | $11,292 | $255,690 |
Agnus Dei Communications Billings, MT | $151,825 | $205,470 |
Holy Spirit Sanctifier Catholic Radio Walla Walla, WA | $98,068 | $0 |
Great Awakening Productions Bellingham, WA | $8,206 | $0 |
Helena Community Educational Association Helena, MT | $95,654 | $0 |
Wordcaster Inc Medford, OR | $79,081 | $0 |
Edgewater Broadcasting Inc Twin Falls, ID | $165,800 | $11,386 |
Unchanging Word Inc Dallas, OR | $0 | $0 |