Family Life Broadcasting System

“Randy carlson and larry carlson have a family relationship. Larry carlson and lars carlson have a family relationship. Randy carlson and evan carlson have a family relationship.”

“The articles of incorporation were amended august 23, 2023 to change the organization's name from family life broadcasting system to intentional life media. This name change has been previously disclosed to and acknowledged by internal revenue service. The bylaws were amended december 5, 2023 to reflect the following significant changes: * there are no members. * the minimum number of people on board of directors was changed from eight to three and they must be 18 years of age or older. * the power to appoint an executive committee by the board of directors was removed. * the board has the right to create one or more committees and appoint members. These committees shall have powers and duties that are prescribed by the board. * real estate transactions have to be approved by the board of directors. * the officer names were changed from president and vice-president to chairman and vice-chairman. * the president is hired and evaluated on performance and compensation annually by the board. * the president's duties were added. This includes, but is not limited to, the responsibility of the day-to-day program operation. * the board of directors may establish endowments on behalf of the corporation.”

“Form 990 is prepared by an independent cpa using information provided by the organization. A draft is provided to the treasurer/cfoo. Upon his approval, a pdf copy of the form 990 is digitally supplied to each member of the governing body prior to filing with the irs.”

“The conflict of interest policy applies to all members of the board of directors, all officers, and the executive leadership team (covered persons). No transaction of the corporation shall be voidable by reason of the fact that any covered person has an interest in the entity with which such related-party transaction is entered into, provided: 1. The interest of such officer or director is fully disclosed to the board of directors. 2. There are competitive bids or comparable valuations, and such related-party transaction is duly approved by the board of directors not so interested or connected as being in the best interests of the organization. 3. Payments to the interested officer or director are reasonable and do not exceed fair market value. 4. Related parties are excluded from the discussion and approval of related-party transactions. 5. The minutes of meetings at which such votes are taken shall record such disclosure, abstention, and rationale for approval. 6. The audited financial statements of the organization fully disclose material related party transactions. Each covered person shall annually complete the conflict of interest and related party questionnaire. The completed questionnaire will be recorded in the minutes of the corporations and the original copy maintained by the president. When a new conflict of interest and/or related-party transaction occurs, it shall be immediately disclosed in writing to the board of directors.”

“The board compensation committee meets in the july board meeting to discuss and approve compensation for officers and the chairman of the board. The committee uses analysis of market data including, but not limited to data available through ecfa web site, and comparison data provided by human resource director. Developed from various sources including, but not limited to salary.com, realtime salary reports, guidestar, christian alliance and asu lodestar.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Intentional life media dba family life radio and intentional living utilizes volunteers to assist at radio events, promotional activities and conferences.”

“On 06/30/2023 the following affiliated entities (merged entities) merged into intentional life media (ilm): * family life broadcasting system ein 86-0433135 (flbs) * family life broadcasting inc. Ein 86-0465466 (flbi) * parent talk, inc. Dba intentional living, intentional living center ein 86-0672542 (ilc) each of the merged entities filed a final form 990 for the fiscal year ended 06/30/2023 and included schedule n to disclose the merger and transfer of all assets and liabilities to ilm, the surviving entity. (note that flbs and flbi filed a final group return under group exemption number 4049 and group ein 74-2462675). Ilm's form 990 balance sheet at 06/30/2023 included all assets and liabilities of the merged entities. However, this form 990 for fiscal year ended 06/30/2024 is the first return filed by ilm which includes the activities, revenues and expenses of the merged entities. Flbs and flbi owned and operated radio stations and translators in arizona, california, colorado, florida, georgia, kansas, michigan, new mexico, tennessee, texas and wisconsin. These stations are now owned and operated by ilm and broadcast christian music and teaching programs consistent with ilm's christian broadcasting. Ilc conducted a communications ministry through the intentional living radio program, conferences, seminars and the publication of resources. These ministries are now conducted by ilm and are in alignment with ilm's mission of igniting personal transformation by affirming faith, inspiring hope, and equipping individuals to live an intentional life in christ.”

“Book/tax difference - operating lease 46,551.”