Audioverse
- Assets
- $1.4m
- Revenue
- $874.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Collegedale, TN
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 27-1861510
Organization Overview
Audioverse is located in Collegedale, TN. The organization was established in 2011. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Audioverse employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Audioverse 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, Audioverse generated $874.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $549.4k during the year ending 12/2021. While expenses have increased by 11.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION'S MISSION IS TO BE A TRUSTWORTHY GLOBAL PROVIDER OF BIBLE- BASED AND CHRIST-CENTERED MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AN ONLINE COLLECTION OF BIBLE-BASED MEDIA CONTENT AVAILABLE WORLDWIDE FOR ANYONE TO STREAM AND DOWNLOAD FOR FREE.
PROVIDE AN ONLINE CURRICULUM AVAILABLE WORLDWIDE FOR ANYONE TO ACCESS AND ATTEND.
STARTING WITH JESUS MINISTRY PROVIDES AN ONLINE COLLECTION OF BIBLE-BASED MEDIA INCLUDING DEVOTIONAL PODCASTS AND WEEKLY LESSONS GEARED TOWARD CHILDREN AVAILABLE WORLD WIDE FOR ANYONE TO STREAM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alistair Huong Secretary | OfficerTrustee | 40 | $52,744 |
Vonn Williams Treasurer | OfficerTrustee | $0 | |
Timothy Arakawa Chairman & P | OfficerTrustee | $0 | |
Donald Mackintosh Board Member | Trustee | $0 | |
Eli Kim Board Member | Trustee | $0 | |
Kathryn Irizarry Board Member | Trustee | $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 | $865,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $865,299 |
| Total Program Service Revenue | $0 |
| Investment income | $8,570 |
| 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 | $313 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $874,182 |
| 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. | $52,744 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,555 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,170 |
| Payroll taxes | $17,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,083 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,863 |
| Advertising and promotion | $10,377 |
| Office expenses | $6,596 |
| Information technology | $34,271 |
| Royalties | $0 |
| Occupancy | $11,069 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,090 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,073 |
| Insurance | $2,768 |
| All other expenses | $242 |
| Total functional expenses | $549,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $523,790 |
| Savings and temporary cash investments | $826,165 |
| 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 | $1,999 |
| Prepaid expenses and deferred charges | $1,790 |
| Net Land, buildings, and equipment | $5,322 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,359,066 |
| Accounts payable and accrued expenses | $23,239 |
| 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 | $23,239 |
| Net assets without donor restrictions | $1,173,991 |
| Net assets with donor restrictions | $161,836 |
| 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 | $1,359,066 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Audioverse has recieved totaling $95,073.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $92,106 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $2,967 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kingdom Advisors Inc Atlanta, GA | $2,502,254 | $6,265,667 |
Giving Company Alpharetta, GA | $1,622,291 | $5,896,509 |
New Song Ministries Inc Ball Ground, GA | $902,466 | $2,130,506 |
More Than Conquerors Inc Conyers, GA | $103,496 | $2,117,083 |
Daily Audio Bible Spring Hill, TN | $5,606,352 | $3,425,803 |
Creation Ministries Internationalus Inc Powder Springs, GA | $3,372,282 | $1,982,729 |
Gathering Place Inc Brunswick, GA | $3,552,096 | $2,598,563 |
Don Shire Ministries Inc Bedford, VA | $1,411,136 | $1,174,975 |
Arrabon Richmond, VA | $1,550,749 | $2,350,562 |
Somerset Educational Broadcasting Foundation Somerset, KY | $562,912 | $918,538 |
Immanuel Broadcasting Network Inc Cartersville, GA | $359,899 | $759,511 |
Catholics Come Home Inc Roswell, GA | $3,719,225 | $475,165 |