Tbta Ministries
- Assets
- $917.2k
- Revenue
- $704.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Birmingham, AL
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 45-0583552
Organization Overview
Tbta Ministries is located in Birmingham, AL. The organization was established in 2016. 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, Tbta Ministries employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tbta Ministries 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 12/2022, Tbta Ministries generated $704.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $696.5k during the year ending 12/2022. While expenses have increased by 11.7% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE EDUCATIONAL, CHARITABLE AND LITERARY GOALS OF THE COMMUNITY THROUGH MULITIPLE RADIO STATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED BROADCASTS FROM RADIO STATIONS. PURCHASED LAND IN ARGO, ALABAMA AND MOVED WKRE FREQUENCY TO INCREASE THE REACH OF THE STATION TO A LARGER AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Rush Member | 0 | $0 | |
Kenneth M Layton President | 0 | $0 | |
Ben Thompson Vice President | 0 | $0 | |
Mark Correll Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $704,535 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $704,535 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $67,223 |
| Pension plans, employee benefits | $0 |
| Interest | $27,850 |
| Taxes | $40,911 |
| Depreciation | $1,089 |
| Occupancy | $46,011 |
| Travel, conferences, and meetings | $1,142 |
| Printing and publications | $0 |
| Other expenses | $506,228 |
| Total operating and administrative expenses | $696,514 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $696,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,523 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $266,682 |
| Other assets | $636,957 |
| Total assets | $917,162 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $600,000 |
| Total liabilities | $600,000 |