Christian Broadcasting Inc
- Assets
- $2.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Anchorage, AK
- Founding
- 05/1986
- Data as of
- 12/2021
- EIN
- 92-0116207
Organization Overview
Christian Broadcasting Inc is located in Anchorage, AK. The organization was established in 1986. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Christian Broadcasting Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Broadcasting 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, Christian Broadcasting Inc 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 1.1% each year. All expenses for the organization totaled $999.7k during the year ending 12/2021. While expenses have increased by 1.3% 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 CHRISTIAN RADIO BROADCASTING TO THE ANCHORAGE AK AREA 24 HOURS A DAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED CHRISTIAN RADIO BROADCASTING TO THE ANCHORAGE AK AREA 24 HOURS A DAY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Holmberg Assistant Secretary | Officer | 1 | $0 |
Jerry Prevo President | Officer | 5 | $0 |
Grace Mitchell Secretary Tresurer | Officer | 1 | $0 |
David Wyzykowski Director | Officer | 1 | $0 |
Allen Prevo Vice President | Officer | 15 | $0 |
Carlin Dempsey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $154,688 |
| Related organizations | $0 |
| Government grants | $40,162 |
| All other contributions, gifts, grants, and similar amounts not included above | $327,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $521,886 |
| Total Program Service Revenue | $366,958 |
| Investment income | $132,695 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $120,422 |
| 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 | $1,141,961 |
| 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. | $41,539 |
| Compensation of current officers, directors, key employees. | $7,477 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $360,604 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $63,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,638 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $178,395 |
| Travel | $3,566 |
| 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 | $51,588 |
| Insurance | $100,717 |
| All other expenses | $74,979 |
| Total functional expenses | $999,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $664,943 |
| Savings and temporary cash investments | $831,632 |
| 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 | $1,208,639 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $32,000 |
| Other assets | $0 |
| Total assets | $2,737,214 |
| Accounts payable and accrued expenses | $27,715 |
| 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 | $27,715 |
| Net assets without donor restrictions | $2,709,499 |
| 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 | $2,737,214 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cascade Public Media Seattle, WA | $91,324,664 | $41,687,198 |
Friends Of Ksps Spokane, WA | $7,790,595 | $5,878,281 |
Washington Public Affairs Network Olympia, WA | $5,929,484 | $3,716,580 |
Christian Broadcasting Inc Anchorage, AK | $2,737,214 | $1,141,961 |
Thurston Community Television Olympia, WA | $756,125 | $900,767 |
Kltv Inc Longview, WA | $1,588,995 | $542,344 |
The Vancouver Educational Telecommunications Consortium Tv E Vancouver, WA | $240,302 | $486,028 |
National Academy Of Television Arts And Sciences Auburn, WA | $419,216 | $369,514 |
Broadband Communications Association Of Washington Renton, WA | $243,644 | $205,828 |
West Coast Latvian Education Center Redmond, WA | $1,893,040 | $138,357 |
Radiant Light Broadcasting Tv 49 Richland, WA | $62,323 | $0 |
E Pluribus Unum Films Seattle, WA | $6,430 | $0 |