Dominion Broadcasting Incorporated
- Assets
- $2.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 17
- Location
- Toledo, OH
- Founding
- 12/1991
- Data as of
- 12/2021
- EIN
- 34-1676969
Organization Overview
Dominion Broadcasting Incorporated is located in Toledo, OH. The organization was established in 1991. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Dominion Broadcasting Incorporated employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dominion Broadcasting Incorporated 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, Dominion Broadcasting Incorporated generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 0.4% 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
THE MISSION IS TO PROVIDE CHRIST CENTERED TELEVISION OF HIGH TECHNICAL QUALITY AND PROGRAMMING EXCELLENCE TO UPLIFT UNITE EDUCATE CHALLENGE & ENCOURAGE VIEWS IN A MANNER CONSISTENT WITH THE TEACHINGS OF GODS HOLY WORD THE BIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPANY PROVIDES FAMILY FRIENDLY PROGRAMMING INCLUDING THE GOSPEL MESSAGE TO A METROPOLITAN AREA OF 750,000 SOULS. IN ADDITION TO SYNDICATED PROGRAMMING THE COMPANY PRODUCES A VARIETY OF PROGRAMS OF INTEREST TO THE LOCAL AUDIANCE. THE COMPANY ALSO ASSISTS OTHER MINISTRIES IN THEIR EFFORTS TO BE CHRISTS HANDS AND FEET IN A LOST WORLD. THE COMPANY OFFERS A 24/7 PRAYER LINE AS WELL AS A FREE COMMUNITY BULLETIN BOARD.
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 |
|---|---|---|---|
M Schmitz-Weal Director | OfficerTrustee | 1 | $0 |
Rachel Schmitz Sectreasurer | OfficerTrustee | 2 | $0 |
James Schmitz President & CEO | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $917,012 |
| Investment income | $28 |
| 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 | $1,944,774 |
| 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. | $156,363 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $580,878 |
| Pension plan accruals and contributions | $42,680 |
| Other employee benefits | $155,735 |
| Payroll taxes | $56,906 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,037 |
| Fees for services: Accounting | $8,222 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,218 |
| Office expenses | $0 |
| Information technology | $48,681 |
| Royalties | $0 |
| Occupancy | $109,007 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,262 |
| Interest | $45,265 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $133,839 |
| Insurance | $22,452 |
| All other expenses | $0 |
| Total functional expenses | $1,742,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,465 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $76,171 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,673 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,015,189 |
| Accounts payable and accrued expenses | $163,976 |
| 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 | $678,036 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $842,012 |
| Net assets without donor restrictions | $1,173,177 |
| 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 | $1,173,177 |