Soulmedic Media Group Inc
- Assets
- $2.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 49
- Location
- Fort Wayne, IN
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 27-2417633
Organization Overview
Soulmedic Media Group Inc, operating under the name Remedylive, is located in Fort Wayne, IN. The organization was established in 2010. 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, Remedylive employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Remedylive 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, Remedylive generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $802.9k during the year ending 12/2021. 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
REMEDYLIVE ENGAGES PEOPLE IN MEANINGFUL CONVERSATIONS THROUGH TECHNOLOGY AS A NEXT STEP TOWARD CHRIST.
Describe the Organization's Program Activity:
REMEDYLIVE HAS THE FOLLOWING PROGRAMS: THE REMEDYLIVE CHAT CENTER IS STAFFED 24/7 BY PAID STAFF, WHO ARE TRAINED TO PROVIDE A COMPASSIONATE PRESENCE, THROUGH TEXTING AND WEB-BASED CHATS, TO PEOPLE THAT ARE LOOKING FOR HELP WITH A PERSONAL STRUGGLE, OFTEN TIMES MENTAL HEALTH RELATED. IN 2021, 5,711 CLIENTS FROM AROUND THE UNITED STATES HAD 29,250 CONVERSATIONS WITH OUR CHAT STAFF, CALLED SOULMEDICS. THE 24/7 CHAT CENTER HAS MANY DIFFERENT TYPES OF CONVERSATIONS, BUT MOST ORBIT AROUND THE CLIENT'S MENTAL HEALTH. PROGRAM EVENTS INCLUDE BOTH THE GET SCHOOLED TOUR FOR STUDENTS AND WIRED EXPERIENCE FOR ADULTS. THE GET SCHOOLED TOUR, FOR ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS, IS A ONE-HOUR, INTERACTIVE CONVOCATION THAT COMBINES LIVE ENTERTAINMENT, INTERACTIVE POLLING, MOTIVATING VIDEO, AND AN EDUCATIONAL EMPHASIS ON MENTAL HEALTH TO REVEAL THE NETWORK OF CARE THAT SURROUNDS STUDENTS. THE WIRED EXPERIENCE IS A ONE-HOUR EVENT GEARED TOWARDS ADULTS, THAT CAN HAPPEN VIRTUALLY OR IN PERSON AND USES REMEDYLIVE'S PROPRIETARY POLLING TECHNOLOGY TO ASK THE PARTICIPANTS QUESTIONS ABOUT THEIR MENTAL HEALTH SO AGGREGATE RESULTS CAN BE PRESENTED WITH IMPORTANT NEXT STEPS TO LOWER THE STIGMA AND MOVE THOSE STRUGGLING INTO THE NETWORK OF CARE. IN 2021, 36,636 INDIVIDUALS WERE SERVED THROUGH 170 EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clinton Faupel Executive Di | Officer | 40 | $80,576 |
Tondra Call Treasurer | OfficerTrustee | 1 | $0 |
Steve Case Vice-Chairma | OfficerTrustee | 1 | $0 |
Josh Parrish Chairman | OfficerTrustee | 1 | $0 |
Mike Clem Board Direct | Trustee | 1 | $0 |
Marta Doster Board Direct | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $126,315 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,291,962 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,418,277 |
| Total Program Service Revenue | $0 |
| 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 | $34,379 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,463,247 |
| 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. | $110,977 |
| Compensation of current officers, directors, key employees. | $31,418 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $230,415 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,063 |
| Payroll taxes | $20,198 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,500 |
| Fees for services: Accounting | $8,914 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100 |
| Advertising and promotion | $66,349 |
| Office expenses | $0 |
| Information technology | $82,021 |
| Royalties | $0 |
| Occupancy | $41,049 |
| Travel | $0 |
| 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 | $53,376 |
| Insurance | $7,802 |
| All other expenses | $11,576 |
| Total functional expenses | $802,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $954,257 |
| Savings and temporary cash investments | $311,156 |
| Pledges and grants receivable | $821,000 |
| Accounts receivable, net | $2,714 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,290 |
| Prepaid expenses and deferred charges | $13,484 |
| Net Land, buildings, and equipment | $43,818 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $93,254 |
| Other assets | $1,000 |
| Total assets | $2,247,973 |
| Accounts payable and accrued expenses | $25,271 |
| 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 | $25,271 |
| Net assets without donor restrictions | $1,332,270 |
| Net assets with donor restrictions | $890,432 |
| 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 | $2,247,973 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Soulmedic Media Group Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Mary C & Perry F Spencer Foundation Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Voice Of God Recordings Inc Jeffersonville, IN | $43,774,947 | $24,555,801 |
Lighthouse Catholic Media Nfp Sycamore, IL | $3,138,971 | $6,043,482 |
Salvation Poem Foundation Sparta, WI | $3,136,023 | $4,409,624 |
Fellowship Of St James Chicago, IL | $675,681 | $1,272,883 |
Somerset Educational Broadcasting Foundation Somerset, KY | $562,912 | $918,538 |
Soulmedic Media Group Inc Fort Wayne, IN | $2,247,973 | $1,463,247 |
Tech Mission Inc Kansas City, MO | $391,175 | $655,832 |
Lakeshore Communications Inc De Pere, WI | $849,224 | $666,318 |
Christian Family Media Ministries Inc Bowling Green, KY | $378,312 | $518,574 |
My Daily Armor Ministries Inc Louisville, KY | $89,919 | $0 |
Western Wisconsins Inspirational Broadcaster Inc Chippewa Falls, WI | $8,068 | $0 |
Two Guys And A Bible Inc Laurie, MO | $212,050 | $162,967 |