Civic Intelligence

Genesis Radio Network Inc.

990 • Fiscal year 2019 • EIN 20-2307367

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 30, 2020

Organization ProfileWWW.LANUEVA883FM.COM
3401 SW 160 Ave Ste 403Miramar, FL 33027

(954) 885-7200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.24x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

73rd percentile

0.32x

Higher debt load relative to revenue than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

47th percentile

2.3%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

45th percentile

1.6%

Faster asset growth than 45% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-5.7%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$1,988,478

Up $31,240 (+1.6%) from 2018

Net Assets

Up

$1,504,244

Up $34,620 (+2.4%) from 2018

Liabilities

Down

$484,234

Down $3,380 (-0.7%) from 2018

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin47th percentile

Revenue

Down

$1,536,193

Down $93,526 (-5.7%) from 2018

Expenses

Up

$1,501,573

Up $51,303 (+3.5%) from 2018

Net Income

Down

$34,620

Down $144,829 (-81%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $2,089,039Liabilities 2011: $409,634Net Assets 2011: $1,679,4052011Assets 2012: $2,104,200Liabilities 2012: $357,911Net Assets 2012: $1,746,2892012Assets 2013: $2,363,400Liabilities 2013: $498,691Net Assets 2013: $1,864,7092013Assets 2014: $2,449,137Liabilities 2014: $733,655Net Assets 2014: $1,715,4822014Assets 2015: $1,892,535Liabilities 2015: $723,637Net Assets 2015: $1,168,8982015Assets 2016: $1,932,630Liabilities 2016: $655,777Net Assets 2016: $1,276,8532016Assets 2018: $1,957,238Liabilities 2018: $487,614Net Assets 2018: $1,469,6242018Assets 2019: $1,988,478Liabilities 2019: $484,234Net Assets 2019: $1,504,2442019Assets 2020: $2,016,166Liabilities 2020: $774,276Net Assets 2020: $1,241,8902020Assets 2021: $2,132,560Liabilities 2021: $751,985Net Assets 2021: $1,380,5752021Assets 2022: $1,968,979Liabilities 2022: $571,601Net Assets 2022: $1,397,3782022Assets 2023: $1,990,879Liabilities 2023: $598,923Net Assets 2023: $1,391,9562023Assets 2024: $1,974,346Liabilities 2024: $820,801Net Assets 2024: $1,153,5452024

Highlighted filing

2019

Assets$1,988,478
Liabilities$484,234
Net Assets$1,504,244
Open 2019 Filing

Operations Trend

Revenue Growth28th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,949,1592011Revenue 2012: $2,225,692Expenses 2012: $2,158,808Net Income 2012: $66,8842012Revenue 2013: $2,229,560Expenses 2013: $2,113,135Net Income 2013: $116,4252013Revenue 2014: $1,882,757Expenses 2014: $1,799,900Net Income 2014: $82,8572014Revenue 2015: $1,899,043Expenses 2015: $1,877,564Net Income 2015: $21,4792015Revenue 2016: $2,112,729Expenses 2016: $2,000,161Net Income 2016: $112,5682016Revenue 2018: $1,629,719Expenses 2018: $1,450,270Net Income 2018: $179,4492018Revenue 2019: $1,536,193Expenses 2019: $1,501,573Net Income 2019: $34,6202019Revenue 2020: $1,191,199Expenses 2020: $1,453,553Net Income 2020: -$262,3542020Revenue 2021: $1,527,143Expenses 2021: $1,388,458Net Income 2021: $138,6852021Revenue 2022: $1,444,348Expenses 2022: $1,427,545Net Income 2022: $16,8032022Revenue 2023: $1,391,974Expenses 2023: $1,429,005Net Income 2023: -$37,0312023Revenue 2024: $1,188,311Expenses 2024: $1,426,698Net Income 2024: -$238,3872024

Highlighted filing

2019

Revenue$1,536,193
Expenses$1,501,573
Net Income$34,620
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 30, 2020
Return Version
2019v5.1
Gross Receipts
$1,536,193
Mission and Program Overview

Mission

the Radio Waves 883 FM offering educational alternative music in Miami Florida broadcast 24 hours a day seven days a week

the Radio Waves 883FM offering educational alternative music in Miami Florida broadcast 24 hours a day seven days a week

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,870,759$1,878,725▲ $7,966
Cash and Non-Interest-Bearing Accounts$14,700$42,537▲ $27,837
Prepaid Expenses and Deferred Charges$29,952$29,952→ $0
Inventories for Sale or Use$365$365→ $0
Total Assets$1,957,238$1,988,478▲ $31,240
Other Assets Total$41,462$36,899▼ $4,563
Liabilities
Unsecured Notes Loans Payable$411,939$384,578▼ $27,361
Other Liabilities$65,914$97,816▲ $31,902
Accounts Payable and Accrued Expenses$9,761$1,840▼ $7,921
Total Liabilities$487,614$484,234▼ $3,380
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,469,624$1,504,244▲ $34,620
Total Net Assets Fund Balance$1,469,624$1,504,244▲ $34,620
Total Liabilities and Net Assets / Fund Balance$1,957,238$1,988,478▲ $31,240

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,520,211--
Equipment$313,542$160,428-
Leasehold Improvements$44,972--
Other Assets Org$4,065--
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Carlos FerreiraDirector
Edwin L OrtizDirector
Lemuel OrtizDirector
Maria ArroyoDirector
Mauricio QuintanaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,536,193
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,536,193
Change in Net Assets
$34,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$809,018
Salaries, Compensation, and Employee Benefits$692,555
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$541,770$34,716-$576,486
All Other Expenses$395,127$25,221-$420,348
Occupancy$186,658$11,914-$198,572
Other Employee Benefits$67,034$4,022-$71,056
Payroll Taxes$42,312$2,701-$45,013
Insurance$25,670$1,639-$27,309
Advertising$10,522$672-$11,194
Depreciation Depletion$9,357$568-$9,925
Other Expenses$8,956$572-$9,528
Total Functional Expenses$1,411,616$89,957$0$1,501,573
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan$51,776
Wells Fargo - Credit Line$35,967
Payroll Taxes$9,513
Aflac$290
Transamerica Ins$235
Insurance$35
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“2. Yes, The President and Vice-President of the organization are husband and wife. They were founders of the organization”

Form 990 governing body review Part VI line 11

“The Form 990 was distributed to board members before March 2 2020, meeting and discussed at that meeting. It was then filed after meeting.”

Governing documents etc available to public Part VI line 19

“Genesis Broadcasting maintains copies of the Form 990 And are available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Genesis Radio Network Inc
EIN
20-2307367
Address
3401 SW 160 Ave Ste 403, Miramar, FL 33027

Signing Officer

Name
Edwin Ortiz
Title
Director
Phone
9548857200
Signed
2020-04-30
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
0
Employees
5
Volunteers
29

Preparer

Firm
Cordero CPA PA
Address
3901 NW 79th Ave Suite 223, Miami, FL 33166
Preparer
Alfonso Cordero
Phone
3055994111
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Professional Fees 356,166 Financial Charges 45,962epay 18,219 Total 420,348”

Raw XML Appendix366 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09761
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01840
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0the Radio Waves 883FM offering educational alternative music in Miami Florida broadcast 24 hours a day seven days a week
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0672
IRS990/AdvertisingGrp/ProgramServicesAmt010522
IRS990/AdvertisingGrp/TotalAmt011194
IRS990/AllOtherContributionsAmt01536193
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt025221
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0395127
IRS990/AllOtherExpensesGrp/TotalAmt0420348
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Martha Castano
IRS990/BooksInCareOfDetail/PhoneNum09548857200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03401 SW 160 Ave Ste 403
IRS990/BooksInCareOfDetail/USAddress/CityNm0Miramar
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033027
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt014700
IRS990/CashNonInterestBearingGrp/EOYAmt042537
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01536193
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0809018
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt034620
IRS990/CYSalariesCompEmpBnftPaidAmt0692555
IRS990/CYTotalExpensesAmt01501573
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01536193
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0568
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09357
IRS990/DepreciationDepletionGrp/TotalAmt09925
IRS990/Desc0Genesis Radio Network is a musical alternative on the FM dial along with a healthy lifestyle which allows our listerners to enjoy programs that are both educational and delightful We broadcast 24 hours a day with 75% of our programing dedicated to music and the rest to our sponsors
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01411616
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Edwin L Ortiz
IRS990/Form990PartVIISectionAGrp/PersonNm1Maria Arroyo
IRS990/Form990PartVIISectionAGrp/PersonNm2Mauricio Quintana
IRS990/Form990PartVIISectionAGrp/PersonNm3Lemuel Ortiz
IRS990/Form990PartVIISectionAGrp/PersonNm4Carlos Ferreira
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01536193
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01639
IRS990/InsuranceGrp/ProgramServicesAmt025670
IRS990/InsuranceGrp/TotalAmt027309
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0365
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0365
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0160428
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01870759
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01878725
IRS990/LandBldgEquipCostOrOtherBssAmt02039153
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0the Radio Waves 883FM offering educational alternative music in Miami Florida broadcast 24 hours a day seven days a week
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01469624
IRS990/NetAssetsOrFundBalancesEOYAmt01504244
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01469624
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01504244
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt011914
IRS990/OccupancyGrp/ProgramServicesAmt0186658
IRS990/OccupancyGrp/TotalAmt0198572
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt041462
IRS990/OtherAssetsTotalGrp/EOYAmt036899
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04022
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt067034
IRS990/OtherEmployeeBenefitsGrp/TotalAmt071056
IRS990/OtherExpensesGrp/Desc0Sponsorship
IRS990/OtherExpensesGrp/Desc1Donations
IRS990/OtherExpensesGrp/Desc2concerts and events
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07625
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1307
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2572
IRS990/OtherExpensesGrp/ProgramServicesAmt0119464
IRS990/OtherExpensesGrp/ProgramServicesAmt14746
IRS990/OtherExpensesGrp/ProgramServicesAmt28956
IRS990/OtherExpensesGrp/TotalAmt0127089
IRS990/OtherExpensesGrp/TotalAmt15053
IRS990/OtherExpensesGrp/TotalAmt29528
IRS990/OtherLiabilitiesGrp/BOYAmt065914
IRS990/OtherLiabilitiesGrp/EOYAmt097816
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034716
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0541770
IRS990/OtherSalariesAndWagesGrp/TotalAmt0576486
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02701
IRS990/PayrollTaxesGrp/ProgramServicesAmt042312
IRS990/PayrollTaxesGrp/TotalAmt045013
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029952
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029952
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01629719
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0761682
IRS990/PYRevenuesLessExpensesAmt0179449
IRS990/PYSalariesCompEmpBnftPaidAmt0688588
IRS990/PYTotalExpensesAmt01450270
IRS990/PYTotalRevenueAmt01629719
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt034620
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01536193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01536193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01629719
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01692186
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02112729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01899043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08869870
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt08869870
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01536193
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01629719
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01692186
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02112729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01899043
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08869870
IRS990ScheduleA/TotalSupportAmt08869870
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0313542
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0160428
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0473970
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt044972
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt044972
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt031142
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11692
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24065
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Lease Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1FPL Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Genesis - Deposit
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01520211
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01520211
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1235
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt235967
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt351776
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4290
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt59513
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Insurance
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Transamerica Ins
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Wells Fargo - Credit Line
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Loan
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Aflac
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Payroll Taxes
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01878725
IRS990ScheduleD/TotalBookValueOtherAssetsAmt036899
IRS990ScheduleD/TotalLiabilityAmt097816
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt02. Yes, The President and Vice-President of the organization are husband and wife. They were founders of the organization
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 was distributed to board members before March 2 2020, meeting and discussed at that meeting. It was then filed after meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Genesis Broadcasting maintains copies of the Form 990 And are available to the public upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Professional Fees 356,166 Financial Charges 45,962epay 18,219 Total 420,348
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01957238
IRS990/TotalAssetsEOYAmt01988478
IRS990/TotalAssetsGrp/BOYAmt01957238
IRS990/TotalAssetsGrp/EOYAmt01988478
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01536193
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt089957
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01411616
IRS990/TotalFunctionalExpensesGrp/TotalAmt01501573
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0487614
IRS990/TotalLiabilitiesEOYAmt0484234
IRS990/TotalLiabilitiesGrp/BOYAmt0487614
IRS990/TotalLiabilitiesGrp/EOYAmt0484234
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01469624
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01504244
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01411616
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01536193
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt029
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01957238
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01988478
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0411939
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0384578
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Edwin Ortiz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09548857200
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Genesis Radio Network Inc
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0202307367
ReturnHeader/Filer/USAddress/AddressLine1Txt03401 SW 160 Ave Ste 403
ReturnHeader/Filer/USAddress/CityNm0Miramar
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033027
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02384A25B41ABA63F90A3DD4B5BEB33C10192626B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02384A25B41ABA63F90A3DD4B5BEB33C10192626B
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06511902020316segw2st
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-11-11
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.94.72.177
ReturnHeader/FilingSecurityInformation/IPDt02020-11-11
ReturnHeader/FilingSecurityInformation/IPTm010:35:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650334781
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cordero CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03901 NW 79th Ave Suite 223
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Miami
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033166
ReturnHeader/PreparerPersonGrp/PhoneNum03055994111
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alfonso Cordero
ReturnHeader/ReturnTs02020-11-11T10:34:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,988,478
Liabilities
$484,234
Net assets
$1,504,244
Revenue
$1,536,193
Expenses
$1,501,573
Net income
$34,620
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.97$0.82$1.15$1.19$1.43$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.99$0.60$1.39$1.39$1.43$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.97$0.57$1.40$1.44$1.43$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.13$0.75$1.38$1.53$1.39$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.02$0.77$1.24$1.19$1.45$0.26
2019Detailed filing. Detailed filing data is available for this year.$1.99$0.48$1.50$1.54$1.50$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.96$0.49$1.47$1.63$1.45$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.93$0.66$1.28$2.11$2.00$0.11
2015Summary only. Only limited summary data is available for this year.$1.89$0.72$1.17$1.90$1.88$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.45$0.73$1.72$1.88$1.80$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.36$0.50$1.86$2.23$2.11$0.12
2012Summary only. Only limited summary data is available for this year.$2.10$0.36$1.75$2.23$2.16$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.41$1.68$1.95