Lufkin Educational Broadcasting Foundation
- Assets
- $1.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 14
- Location
- Lufkin, TX
- Founding
- 05/1986
- Data as of
- 12/2021
- EIN
- 75-2099450
Organization Overview
Lufkin Educational Broadcasting Foundation is located in Lufkin, TX. The organization was established in 1986. 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, Lufkin Educational Broadcasting Foundation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lufkin Educational Broadcasting Foundation 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, Lufkin Educational Broadcasting Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 4.9% 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
A GOD DESIGNED, CHRIST FOCUSED, LISTENER CENTERED AND SUPPORTED AND NON- PROFIT RADIO MINISTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGHOUT THE YEAR KSWP & KAVX BROADCASTING. WHILE OUR BROADCASTING STATIONS, KSWP/KAVX, HAVE DIFFERENT CHRISTIAN MUSIC/TALK PROGRAMS/MINISTRY FORMATS, BOTH SHARE CONTENT AND MESSAGING OF HOPE FOUND IN RELATIONSHIP WITH JESUS CHRIST. WEB STREAMING (KSWP.ORG AND KAVX.ORG) AND MOBILE APPS PROVIDE A WAY FOR PEOPLE TO LISTEN ANYWHERE IN THE WORLD ON ANY DEVICE WITH INTERNET ACCESS. CALLS, EMAILS, AND SOCIAL MEDIA POSTS COME FROM ALL OVER THE WORLD WITH PEOPLE LISTENING AND SHARING HOW MUCH ENCOURAGEMENT AND HOPE THE MINISTRY HAS GIVEN THEM. THE SEMI-ANNUAL NEWSLETTER SERVES AS AN EDUCATIONAL OUTREACH. THE EDUCATIONAL CONTENT ON THE KSWP AND KAVX WEBSITES AND NUMEROUS SOCIAL MEDIA CHANNELS ALSO HELPS TO CONNECT WITH COMMUNITIES AND CONNECT TO MORE PEOPLE. WE ARE COMMITTED TO GIVING BACK TO THE COMMUNITY AND BUILDING UNITY IN THE BODY OF CHRIST THROUGH COMMUNITY OUTREACH EFFORTS. AS THE VOICE FOR CHRIST AND CHRISTIAN MUSIC FOR THE FAMILY, WE RAISE AWARENESS, RALLY SUPPORT, AND CONNECT PEOPLE TO GOD, LOCAL MINISTRIES AND CHARITABLE ORGANIZATIONS VIA THE KSWP/KAVX PRAYER MINISTRY. AT KSWP/KAVX, WE BELIEVE GOD ANSWERS PRAYERS AND PROVIDES OPPORTUNITIES TO LISTENERS TO BOTH RECEIVE PRAYER AND TO PRAY FOR OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Ross Vice Preside | OfficerTrustee | 40 | $68,131 |
Michelle Ross President | OfficerTrustee | 40 | $49,838 |
Keith Drewery Board Member | Trustee | 1 | $0 |
Michael Griffith Board Member | Trustee | 1 | $0 |
Ron Rose Board Member | Trustee | 1 | $0 |
Roger Sanders Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $202,704 |
| Related organizations | $0 |
| Government grants | $58,599 |
| All other contributions, gifts, grants, and similar amounts not included above | $876,001 |
| Noncash contributions included in lines 1a–1f | $42,391 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,137,304 |
| Total Program Service Revenue | $0 |
| Investment income | $889 |
| 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 | $1,138,193 |
| 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. | $117,969 |
| Compensation of current officers, directors, key employees. | $22,017 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $215,339 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $63,593 |
| Payroll taxes | $27,312 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,803 |
| Fees for services: Accounting | $21,676 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $25,923 |
| Office expenses | $12,489 |
| Information technology | $0 |
| Royalties | $7,392 |
| Occupancy | $21,487 |
| Travel | $12,393 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,922 |
| Interest | $42,166 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $203,828 |
| Insurance | $25,959 |
| All other expenses | $140,940 |
| Total functional expenses | $1,139,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $407,131 |
| Savings and temporary cash investments | $0 |
| 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 | $1,375,932 |
| Investments—publicly traded securities | $33,201 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $110 |
| Other assets | $3,800 |
| Total assets | $1,820,174 |
| Accounts payable and accrued expenses | $0 |
| 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 | $915,010 |
| Total liabilities | $915,010 |
| Net assets without donor restrictions | $905,164 |
| 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 | $1,820,174 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lufkin Educational Broadcasting Foundation has recieved totaling $121.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $121 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope Media Group Humble, TX | $37,826,223 | $13,472,768 |
Texas Public Radio San Antonio, TX | $12,996,965 | $6,350,039 |
Friends Of Wwoz Inc New Orleans, LA | $4,509,272 | $5,645,952 |
Greater Public Austin, TX | $3,503,811 | $5,098,039 |
Educational Radio Foundation Of East Texas Inc Tyler, TX | $10,255,856 | $5,263,792 |
World Radio Network Inc McAllen, TX | $4,989,539 | $3,275,448 |
Public Radio Inc Baton Rouge, LA | $1,978,569 | $1,887,043 |
Marfa Public Radio Corporation Marfa, TX | $2,640,592 | $2,092,170 |
Lufkin Educational Broadcasting Foundation Lufkin, TX | $1,820,174 | $1,138,193 |
Northern New Mexico Radio Foundation Santa Fe, NM | $297,079 | $781,768 |
National Association Of State Radio Networks Inc Dallas, TX | $354,914 | $763,135 |
Christian Broadcasting Company Abilene, TX | $190,013 | $386,938 |