Three Angels Broadcasting Network Inc

Organization Overview

Three Angels Broadcasting Network Inc is located in West Frankfort, IL. The organization was established in 1986. According to its NTEE Classification (X82) the organization is classified as: Religious Television, under the broad grouping of Religion-Related and related organizations. As of 12/2019, Three Angels Broadcasting Network Inc employed 160 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Three Angels Broadcasting Network Inc generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $13.7m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF 3ABN IS TO PROCLAIM THE GOSPEL OF SALVATION THROUGH JESUS CHRIST, AND HERALD HIS SOON RETURN. WE DO THIS THROUGH THE MEDIUM OF TELEVISION, RADIO, AND THE INTERNET. IT IS ALSO OUR MISSION TO CONTINUE THE HEALING MINISTRY OF CHRIST THROUGH PROGRAMS ON VARIOUS HEALTH TOPICS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRODUCTION AND DISTRIBUTION OF RELIGIOUS PROGRAMMING FOR ELECTRONIC DISTRIBUTION (TELEVISION, RADIO, AND INTERNET) THROUGHOUT THE WORLD.


INDIVIDUALS THAT WE GAVE ASSISTANCE TO.


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Board, Officers & Key Employees

Name (title)Compensation
Danny Shelton
CEO
$208,065
Mollie Steenson
Trustee
$87,121
Brian Hamilton
Trustee
$86,767
Jill Morikone
Secretary
$74,058
Greg Morikone
President
$74,011
Jason Bergmann
Treasurer
$61,851

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mx1 Ltd Mozes House
Satellite Airti
$1,140,960
Blue Cross Blue Shield
Healthcare Cost
$1,123,384
American Express
Credit Card
$1,092,683
Moiptv Inc
Video Streaming
$763,448
Dls Publishing
Publishing
$458,340
View All Vendors

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$11,944,106
Noncash contributions included in lines 1a–1f $81,533
Total Revenue from Contributions, Gifts, Grants & Similar$11,944,106
Total Program Service Revenue$1,080,815
Investment income $52,644
Tax Exempt Bond Proceeds $0
Royalties $2,706
Net Rental Income $24,273
Net Gain/Loss on Asset Sales -$31,873
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,997,405

Grants Awarded

Over the last fiscal year, Three Angels Broadcasting Network Inc has awarded $65,600 in support to 2 organizations.

Grant RecipientAmount

NAPS

PURPOSE: ASSIST MINISTRY

$41,600

TRUE STEP MINISTRIES

Org PageRecipient Profile

Boise, ID

PURPOSE: ASSIST MINISTRY

$24,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Three Angels Broadcasting Network Inc has recieved totaling $139,700.

Awarding OrganizationAmount
Carl And Lulu Mitchell Family Foundation

Clovis, CA

PURPOSE: FUNDS FOR OPERATION AND ADMINISTRATION

$100,000
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$18,500
American Endowment Foundation

Hudson, OH

PURPOSE: PROGRAMS

$17,700
J M Smith Foundation

Spartanburg, SC

PURPOSE: UNRESTRICTED CHARITABLE CONTRIBUTION

$3,500
View Grant Recipient Profile

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