Holy Family Radio
- Assets
- $664.1k
- Revenue
- $463.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Grand Rapids, MI
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-3161959
Organization Overview
Holy Family Radio is located in Grand Rapids, MI. 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 12/2021, Holy Family Radio employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Family 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 12/2021, Holy Family Radio generated $463.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $447.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOLY FAMILY IS A ROMAN CATHOLIC ORGANIZATION THAT BROADCASTS RADIO, INTERNET, AND OTHER MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS BROADCASTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vince Gale Executive Director | Officer | 40 | $80,000 |
David Bevins Former President | OfficerTrustee | 10 | $0 |
Dave Mangan Treasurer | OfficerTrustee | 5 | $0 |
Toni Ruthven Former Secretary | Trustee | 1 | $0 |
Craig Martin Board Member | Trustee | 1 | $0 |
Kevin Vanderhyde Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $367,559 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $400,159 |
| Total Program Service Revenue | $63,750 |
| Investment income | $31 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $463,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $80,308 |
| Compensation of current officers, directors, key employees. | $64,246 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $138,154 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,004 |
| Payroll taxes | $15,106 |
| Fees for services: Management | $7,802 |
| Fees for services: Legal | $175 |
| Fees for services: Accounting | $5,119 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,698 |
| Advertising and promotion | $98 |
| Office expenses | $1,749 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $103,222 |
| Travel | $6,500 |
| 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 | $18,165 |
| Insurance | $8,400 |
| All other expenses | $154 |
| Total functional expenses | $447,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,868 |
| Savings and temporary cash investments | $111,338 |
| Pledges and grants receivable | $9,091 |
| Accounts receivable, net | $0 |
| 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 | $2,678 |
| Net Land, buildings, and equipment | $400,109 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $125,000 |
| Other assets | $0 |
| Total assets | $664,084 |
| Accounts payable and accrued expenses | $5,006 |
| 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 | $5,006 |
| Net assets without donor restrictions | $659,078 |
| 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 | $664,084 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Holy Family Radio has recieved totaling $13,476.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $6,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $5,150 |
The Sharing Of Blessings Foundation A Michigan Nonprofit Corporation Grand Haven, MI PURPOSE: CONTRIBUTION FOR USE IN THEIR PROGRAMS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $826 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
River Radio Ministries Columbus, OH | $6,630,255 | $4,393,639 |
Sonset Solutions Inc Elkhart, IN | $3,460,253 | $2,234,092 |
Fort Wayne Catholic Radio Group Inc Fort Wayne, IN | $1,612,895 | $1,190,616 |
Good News Media Inc Traverse City, MI | $1,795,301 | $1,267,658 |
St Gabriel Radio Inc Columbus, OH | $3,809,476 | $826,632 |
Northern Christian Radio Inc Gaylord, MI | $883,251 | $925,023 |
Sacred Heart Radio Inc Cincinnati, OH | $2,855,001 | $852,310 |
West Central Michigan Media Ministries Cadillac, MI | $4,038,110 | $1,144,493 |
Aramaic Broadcasting Network Inc Walled Lake, MI | $674,835 | $754,316 |
Side By Side Inc Toledo, OH | $75,570 | $539,588 |
Calvary Radio Network Valparaiso, IN | $565,390 | $862,881 |
Inter Mirifica Inc Indianapolis, IN | $1,698,778 | $443,503 |