Partners For Christian Media Inc
- Assets
- $2.7m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 30
- Location
- Chattanooga, TN
- Founding
- 12/1993
- Data as of
- 12/2021
- EIN
- 62-1535834
Organization Overview
Partners For Christian Media Inc is located in Chattanooga, TN. The organization was established in 1993. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Partners For Christian Media Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners For Christian Media 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, Partners For Christian Media Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 0.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE GREATER CHATTANOOGA AREA WITH A COMTEMPORARY CHRISTIAN RADIO STATION THAT SPREADS THE GOSPEL AND ENCOURAGES AND EXHORTS CHRISTIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES CHRISTIAN MUSIC AND MINISTRY VIA RADIO ON 102.7 FM.PROVIDES CHRISTIAN MUSIC AND MINSITRY VIA RADIO ON 103.1 FM.PROVIDES CHRISTIAN MUSIC AND MINISTRY VIA THE ANNUAL J-FEST (CHRISTIAN MUSIC FESTIVAL).PROVIDES CHRISTIAN MUSIC AND MINISTRY VIA RADIO ON THE JRADIO STREAMING PLATFORM.PROVIDES AND DISTRIBUTES VIDEO TESTIMONY MINISTRIES WITH COMEONLETSGO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert H Lubell Director | Trustee | 40 | $240,059 |
Jimmy Dupree Director And Secretary | OfficerTrustee | 1 | $0 |
Dean Arnold Director | Trustee | 28 | $45,810 |
Patrick Horne Director | Trustee | 1 | $0 |
Todd Plain Director | Trustee | 1 | $0 |
Justin Wade President | Officer | 40 | $146,734 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $587,857 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,235,058 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,822,915 |
| Total Program Service Revenue | $1,317,385 |
| Investment income | -$79 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,000 |
| Net Income from Fundraising Events | -$15,368 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,141,174 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,802 |
| 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. | $492,083 |
| Compensation of current officers, directors, key employees. | $157,467 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $825,824 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $87,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,340 |
| Advertising and promotion | $221,341 |
| Office expenses | $48,515 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $140,166 |
| Travel | $18,454 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,786 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,607 |
| Insurance | $75,233 |
| All other expenses | $242,944 |
| Total functional expenses | $2,600,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $587,044 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $329,305 |
| Accounts receivable, net | $107,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $35,180 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $47,596 |
| Net Land, buildings, and equipment | $589,349 |
| Investments—publicly traded securities | $832 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,032,848 |
| Other assets | $4,594 |
| Total assets | $2,733,948 |
| Accounts payable and accrued expenses | $132,284 |
| Grants payable | $0 |
| Deferred revenue | $41,197 |
| 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 | $333,212 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $506,693 |
| Net assets without donor restrictions | $2,123,372 |
| Net assets with donor restrictions | $103,883 |
| 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 | $2,733,948 |