Near East Media
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 47-1164106
Organization Overview
Near East Media is located in Virginia Beach, VA. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Near East Media 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, Near East Media generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 52.3% each year . All expenses for the organization totaled $826.6k during the year ending 12/2022. While expenses have increased by 30.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS EDUCATIONAL CHARITABLE ONLINE FAITH-BASED NEWS WEBSITES THIS TYPE OF ACTIVITY INCLUDES WORKING WITH WRITERS AUTHORS PRODUCERS OF DIGITAL CONTENT WEB DEVELOPERS AND GRAPHIC DESIGNERS WITH THE GOAL OF DISSEMINATING INFORMATIVE FAITH BASED CONTENT FROM MULTIPLE AUTHORS TO AN INTERNATIONAL AUDIENCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ISRAEL NEWS THE MISSION OF COVERING NEWS AND EVENTS IMPACTING ISRAEL & THE MIDDLE EAST FOR THE EVANGELICAL WORLD CONTINUED IN 2022 ALL ISRAEL NEWS UNDER THE DBA NAME OF NEAR EAST MEDIA GREW SUBSTANTIALLY SINCE THEIR INITIAL LAUNCH IN SEPTEMBER 2020 NEAR EAST MEDIA PRODUCED 1663 ORIGINAL NEWS ARTICLES AND 60 YOUTUBE VIDEOS ON ITS NEWS CHANNEL SUBSCRIBERS TO THE DAILY EMAIL NEWS UPDATES INCREASED TO 65000 SUBSCRIBERS PAGE VIEWS FOR BOTH WEBSITES FOR THE YEAR INCREASED TO OVER 3000000 VIEWS NOT COUNTING YOUTUBE VIEWS
KEHILA NEWS ISRAEL THIS WEBSITE IS A WORLDWIDE COMMUNITY FAITH BASED WEBSITE FOUNDED IN 2014 SUPPORTED AND DEVELOPED BY KEHILA MINISTRIES INTERNATIONAL IN 2022 THAT SITE MAINTAINED THEIR WEEKLY EMAIL SUBSCRIBERS AT 13000 THE SIZE OF THE AUDIENCE REACHED HELPED US TO FULFILL OUR MISSION OF CONNECTING THE MESSIANIC COMMUNITY IN ISRAEL KEHILA WITH THE WORLDWIDE BODY OF BELIEVERS BY PUBLISHING BIBLICAL BASED NEWS BIBLE TEACHINGS AND TESTIMONIES FROM ISRAEL USING ARTICLES AND VIDEOS
THE THIRD PROGRAM IS A SMALLER WEBSITE NAMED ALL ARAB NEWS WHICH TRACKS NEWS IN THE MIDDLE EAST AFFECTING THE ARAB CHRISTIAN EVANGELICAL COMMUNITY WE HAVE A WEEKLY EMAIL UPDATE OF ARTICLES THAT APPEAR ON THE SITE WITH SUBSCRIBERS APPROACHING 2000 WEEKLY THE REVENUES AND EXPENSES OF THIS PROJECT ARE NOT BROKEN OUT REVENUE AND EXPENSE FOR PROGRAM SERVICE 3 ARE INCLUDED WITH THE ALL ISRAEL NEWS REVENUES AND EXPENSES IN PROGRAM SERVICE ACCOMPLISHMENT ONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Magen Chief Operating Officer | OfficerTrustee | 50 | $30,000 |
Joel C Rosenberg Chief Executive Officer, Chairman Of The Board | OfficerTrustee | 50 | $0 |
Lee Mitchell Secretary, Treasurer | Officer | 25 | $11,500 |
Michael Little Vice-Chairman Of The Board | OfficerTrustee | 0.5 | $0 |
Ken Blackwell Officer, Director | Trustee | 0.5 | $0 |
Skip Heitzig Officer, Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Isratrade Investments And Management Ltd Management Of Operations | 12/30/21 | $112,500 |
Epicenter Media Editor In Chief Writing And Editing | 12/30/21 | $108,000 |
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 | $1,530,286 |
| Noncash contributions included in lines 1a–1f | $147,534 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,530,286 |
| Total Program Service Revenue | $0 |
| Investment income | $10,559 |
| 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 | $1,546,383 |
| 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. | $215,098 |
| Compensation of current officers, directors, key employees. | $215,098 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,998 |
| Fees for services: Management | $42,826 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $358,236 |
| Advertising and promotion | $32,270 |
| Office expenses | $30,763 |
| Information technology | $38,741 |
| Royalties | $0 |
| Occupancy | $25,178 |
| Travel | $1,160 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,171 |
| Interest | $4,274 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,604 |
| All other expenses | $0 |
| Total functional expenses | $826,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,766 |
| Savings and temporary cash investments | $851,000 |
| 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 | $0 |
| Investments—publicly traded securities | $148,667 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,232,433 |
| Accounts payable and accrued expenses | $8,252 |
| 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 | $8,252 |
| Net assets without donor restrictions | $1,224,181 |
| 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 | $1,232,433 |