Good News Radio

“A draft of form 990 is first reviewed by the bookkeeper and station manager. It is then submitted to the board of directors for their review and comments before final filing.”

“Conflict of interest questionnaires are distributed to all officer-directors coinciding with the annual meeting and are subsequently returned via email, affirming their review, acknowledgment, and compliance.”

“Considerations for compensation involve an analysis of industry and nonprofit benchmarks, including: role, geographic location, market size, organization type, and budget. Sources include the 2022 christian music broadcasters salary survey, 2023 nonprofit times salary and benefits report, payscale, and the bureau of labor statistics (for cost-of-living adjustments).”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request at the organization's office.”

“Engineer professional services: program service expenses 7,457. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,457. Program consultants: program service expenses 13,758. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,758. Payroll processing fees: program service expenses 0. Management and general expenses 504. Fundraising expenses 0. Total expenses 504. Other professional fees: program service expenses 0. Management and general expenses 2,033. Fundraising expenses 0. Total expenses 2,033. Programming announcing services: program service expenses 90,776. Management and general expenses 0. Fundraising expenses 20,621. Total expenses 111,397.”

“ROUNDING ADJUSTMENT -1.”

“The organization has a committee that is responsible for the oversight of the audit. That process has not changed from the prior year. However, as of 5/15/25 the audit for the short year ended 12/31/24 is scheduled to be completed in the upcoming months. An independent firm has been retained to conduct the audit within the next few months.”