Gospel Opportunities Inc
- Assets
- $427.0k
- Revenue
- $369.4k
- Investments
- $0.0
- Employees
- 20
- Location
- Marquette, MI
- Founding
- 05/1978
- Data as of
- 12/2021
- EIN
- 38-2071440
Organization Overview
Gospel Opportunities Inc is located in Marquette, MI. The organization was established in 1978. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Gospel Opportunities Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gospel Opportunities 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, Gospel Opportunities Inc generated $369.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $316.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. 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
OPERATION OF A RELIGIOUS NON-COMMERCIAL, EDUCATIONAL RADIO STATION REACHING THE UPPER PENINSULA OF MICHIGAN, PARTS OF WISCONSIN AND PARTS OF CANADA
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANOTHER SUCCESSFUL YEAR OF BROADCASTING
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew J Larsen Manager | OfficerTrustee | 40 | $52,080 |
John P Thompson Board Member | Trustee | 0.25 | $4,661 |
Elizabeth Larsen Treasurer | Officer | 0.25 | $3,616 |
James R Janofski President | Officer | 0.25 | $0 |
Laneta A Janofski Secretary | Officer | 0.25 | $0 |
James E Hill Vice President | Trustee | 0.25 | $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 | $360,440 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $360,440 |
| Total Program Service Revenue | $8,593 |
| Investment income | $360 |
| 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 | $369,393 |
| 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. | $52,080 |
| Compensation of current officers, directors, key employees. | $26,040 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,178 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,962 |
| Payroll taxes | $9,703 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,531 |
| Fees for services: Accounting | $3,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,509 |
| Office expenses | $7,533 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,777 |
| Travel | $4,811 |
| 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 | $8,760 |
| Insurance | $4,889 |
| All other expenses | $1,060 |
| Total functional expenses | $316,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $223,536 |
| 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 | $0 |
| Net Land, buildings, and equipment | $57,417 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $145,957 |
| Total assets | $427,010 |
| Accounts payable and accrued expenses | $2,516 |
| 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 | $2,516 |
| Net assets without donor restrictions | $424,494 |
| 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 | $427,010 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gospel Opportunities Inc has recieved totaling $7,116.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $116 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Public Radio Association Inc Madison, WI | $11,978,603 | $13,336,665 |
Cincinnati Public Radio Inc Cincinnati, OH | $42,502,219 | $5,852,543 |
Radio Milwaukee Inc Milwaukee, WI | $5,388,772 | $3,567,376 |
Miami Valley Public Media Inc Yellow Springs, OH | $4,896,164 | $2,486,018 |
Northeast Indiana Public Radio Inc Fort Wayne, IN | $1,502,446 | $1,334,516 |
Star Educational Media Network Inc Fort Wayne, IN | $1,400,059 | $1,318,628 |
Back Porch Radio Broadcasting Inc Wort Radio Madison, WI | $793,221 | $924,594 |
Dayton Public Radio Inc Dayton, OH | $1,806,288 | $1,338,906 |
White Pine Community Broadcasting Inc Rhinelander, WI | $1,445,075 | $658,361 |
Your Story Hour Berrien Springs, MI | $755,003 | $964,135 |
Music That Matters Inc Appleton, WI | $1,055,762 | $751,612 |
Voicecorps Reading Service Columbus, OH | $768,366 | $468,660 |