Z Ministries Inc
- Assets
- $2.8m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 44
- Location
- Altamonte Springs, FL
- Founding
- 02/2009
- Data as of
- 12/2020
- EIN
- 26-3532803
Organization Overview
Z Ministries Inc is located in Altamonte Springs, FL. 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, Z Ministries Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Z Ministries 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 12/2020, Z Ministries Inc generated $6.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $7.1m during the year ending 12/2020. While expenses have increased by 8.3% 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.
Since 2014, Z Ministries Inc has awarded 27 individual grants totaling $4,342,518. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF LISTENER-SUPPORTED, NON-COMMERCIAL CHRISTIAN RADIO STATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES LISTENER-SUPPORTED, NON-COMMERCIAL CHRISTIAN RADIO STATIONS ON THE FOLLOWING FEDERAL COMMUNICATIONS COMMISSION (FCC) LICENSED OR PERMITTED FACILITIES: WPOZ, WMYZ, WHYZ, AND WDOZ PLUS ELEVEN TRANSLATOR STATIONS THROUGHOUT THE CENTRAL FLORIDA REGION. THE RADIO STATIONS PROVIDE CONTINUOUS BROADCASTING TO ORLANDO, FLORIDA AND SURROUNDING AREAS. THE STATIONS CURRENTLY BROADCAST INTO ELEVEN FLORIDA COUNTIES AND VIA THE INTERNET REACHING A POTENTIAL ESTIMATED 4.5 MILLION U.S. LISTENERS PER WEEK. THE FORMATS ARE EXCLUSIVELY CHRISTIAN MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James S Hoge President/chairman | OfficerTrustee | 50 | $187,298 |
Dean Chapman Vice President/director | OfficerTrustee | 50 | $166,564 |
Brian Kerkan Director Of Engineering | 40 | $109,086 | |
Ellis B Feaster Air Staff | 40 | $108,663 | |
Stacy Pevehouse-Blevins Air Staff | 40 | $105,991 | |
Mark Chambers Chief Engineer | 32 | $100,668 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Xeo Dev It Services | 12/30/21 | $112,500 |
Goodratings Research Music Research | 12/30/21 | $105,570 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,425,544 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $218,746 |
| 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 | $6,265,341 |
| Statement of Expenses | |
|---|---|
| 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. | $669,806 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,856,185 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $211,978 |
| Payroll taxes | $173,549 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,146 |
| Fees for services: Accounting | $20,928 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,026 |
| Advertising and promotion | $973,807 |
| Office expenses | $233,956 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $333,643 |
| Travel | $11,898 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,212 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,520 |
| Insurance | $170,636 |
| All other expenses | $0 |
| Total functional expenses | $7,130,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,321,656 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,104 |
| 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 | $65,767 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,301,348 |
| Total assets | $2,751,007 |
| Accounts payable and accrued expenses | $85,388 |
| Grants payable | $0 |
| Deferred revenue | $70,560 |
| 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 | $155,948 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,595,059 |
Grants Awarded
Over the last fiscal year, Z Ministries Inc has awarded $542,715 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Altamonte Springs, FL PURPOSE: General support for related organization | $506,715 |
Orlando, FL PURPOSE: General support for missionaries | $24,000 |
Kissimmee, FL PURPOSE: General support for missionaries | $6,000 |
Altamonte Spg, FL PURPOSE: General support for related organization | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Z Ministries Inc has recieved totaling $46,616.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $25,580 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $10,300 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $8,000 |
Wells Charitable Foundation Inc Orlando, FL PURPOSE: GENERAL CHARITABLE PURPOSES | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $236 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Z Ministries Inc Altamonte Springs, FL | $2,751,007 | $6,265,341 |
Key Life Network Inc Maitland, FL | $2,219,266 | $1,772,771 |
Genesis Radio Network Inc Miramar, FL | $2,016,166 | $1,191,199 |
Augusta Radio Fellowship Institute Inc Grovetown, GA | $10,451,546 | $1,051,845 |
Radio Waves Of Love Inc Hialeah, FL | $194,102 | $731,078 |
Archangel Communications Fairhope, AL | $635,232 | $463,224 |
Proclaim My Work Inc Dahlonega, GA | $2,497,591 | $306,292 |
Alabama Christian Radio Inc Opelika, AL | $139,159 | $340,204 |
Airwaves For Jesus Inc Fort Myers, FL | $189,775 | $244,136 |
Iwork4him Ministries Inc Davenport, FL | $34,102 | $0 |
Orthodox Christian Network Inc Sunny Isles Beach, FL | $400,771 | $482,978 |
Word Christian Broadcasting Inc Douglasville, GA | $576,412 | $192,110 |