Kalo Tv Inc
- Assets
- $1.7m
- Revenue
- $722.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Glendale, CA
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 27-0456717
Organization Overview
Kalo Tv Inc is located in Glendale, CA. The organization was established in 2009. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Kalo Tv Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kalo Tv 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 12/2021, Kalo Tv Inc generated $722.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $840.2k during the year ending 12/2021. While expenses have increased by 9.9% per year over the past 7 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
KALO TV IS A 24/7 DAY A WEEK CHRISTIAN EDUCATIONAL TELEVISION STATION. OUR GOAL IS TO PRESENT THE GOSPEL IN A TEACHING EXPOSITORY MANNER. KALO TV AIRS PUBLIC SERVICE ANNOUNCEMENTS ON THE SUBJECTS OF FOSTER PARENTING, ANTI-SMOKING, AND DRUG USE, AND OTHER LOCAL COMMUNITY NEEDS. THERE ARE APPROXIMATELY 35,000 VIEWERS WITH A 25-65 AGE DEMOGRAPHIC.
Describe the Organization's Program Activity:
KALO TV IS A 24/7 DAY A WEEK CHRISTIAN EDUCATIONAL TELEVISION STATION. OUR GOAL IS TO PRESENT THE GOSPEL IN A TEACHING EXPOSITORY MANNER. KALO TV AIRS PUBLIC SERVICE ANNOUNCEMENTS ON THE SUBJECTS OF FOSTER PARENTING, ANTI-SMOKING, AND DRUG USE, AND OTHER LOCAL COMMUNITY NEEDS. THERE ARE APPROXIMATELY 35,000 VIEWERS WITH A 25-65 AGE DEMOGRAPHIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Jordan Secretary/treas | OfficerTrustee | 40 | $60,000 |
Jack Hibbs President | OfficerTrustee | 2 | $0 |
Steve Pincin Director | Trustee | 1 | $0 |
Brent Keane Director | Trustee | 40 | $0 |
Jim Yates Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $621,944 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $621,944 |
| Total Program Service Revenue | $100,925 |
| Investment income | $0 |
| 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 | $722,869 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,654 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,536 |
| Payroll taxes | $19,223 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,133 |
| Fees for services: Accounting | $72,146 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,511 |
| Advertising and promotion | $1,006 |
| Office expenses | $0 |
| Information technology | $106,426 |
| Royalties | $0 |
| Occupancy | $104,883 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,328 |
| Insurance | $3,414 |
| All other expenses | $17,417 |
| Total functional expenses | $840,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $369,774 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $403,667 |
| Net Land, buildings, and equipment | $939,518 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,712,959 |
| Accounts payable and accrued expenses | $0 |
| 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 | $4,889 |
| Total liabilities | $4,889 |
| Net assets without donor restrictions | $1,708,070 |
| 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 | $1,712,959 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kalo Tv Inc has recieved totaling $13,400.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $13,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turning Point For God Lakeside, CA | $55,591,424 | $109,738,214 |
Family Resource & Referral Center Of San Joaquin Stockton, CA | $22,143,375 | $58,140,912 |
Yellow Chair Foundation San Francisco, CA | $899,830,560 | $147,461,050 |
St Vincent De Paul Village Inc San Diego, CA | $50,446,763 | $60,152,162 |
Frontiers Usa Phoenix, AZ | $21,110,620 | $36,556,098 |
Open Doors With Brother Andrew Inc Santa Ana, CA | $12,195,285 | $33,559,571 |
Cityteam Ministries San Jose, CA | $57,357,554 | $43,092,381 |
Joni And Friends Agoura Hills, CA | $42,271,581 | $29,467,878 |
Catholic Community Foundation Of Los Angeles Los Angeles, CA | $298,852,432 | $83,411,965 |
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |