Civic Intelligence

Praise Broadcasting Inc

990 • Fiscal year 2018 • EIN 41-1930197

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 29, 2019

402 Pike StreetOsakis, MN 56360

(320) 859-3000

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

4th percentile

-84%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

79th percentile

$130,520

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 54.6% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

3rd percentile

-35%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

80th percentile

27%

Faster revenue growth than 80% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,330,442

Down $717,150 (-35%) from 2017

Net Assets

Down

$1,329,667

Down $200,781 (-13%) from 2017

Liabilities

Down

$775

Down $516,369 (-100%) from 2017

Revenue

Up

$238,984

Up $51,437 (+27%) from 2017

Expenses

Up

$439,765

Up $36,933 (+9.2%) from 2017

Net Income

Up

-$200,781

Up $14,504 (+6.7%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $596,642Liabilities 2010: $939,173Net Assets 2010: -$342,5312010Assets 2011: $591,003Liabilities 2011: $1,148,612Net Assets 2011: -$557,6092011Assets 2012: $600,224Liabilities 2012: $1,360,186Net Assets 2012: -$759,9622012Assets 2013: $132,214Liabilities 2013: $1,021,936Net Assets 2013: -$889,7222013Assets 2014: $5,326,533Liabilities 2014: $6,022,620Net Assets 2014: -$696,0872014Assets 2015: $5,069,598Liabilities 2015: $6,120,554Net Assets 2015: -$1,050,9562015Assets 2016: $2,215,944Liabilities 2016: $470,211Net Assets 2016: $1,745,7332016Assets 2017: $2,047,592Liabilities 2017: $517,144Net Assets 2017: $1,530,4482017Assets 2018: $1,330,442Liabilities 2018: $775Net Assets 2018: $1,329,6672018Assets 2019: $1,161,995Liabilities 2019: $0Net Assets 2019: $1,161,9952019Assets 2020: $1,184,115Liabilities 2020: $0Net Assets 2020: $1,184,1152020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $1Liabilities 2022: $02022Assets 2023: $1Liabilities 2023: $02023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2018

Assets$1,330,442
Liabilities$775
Net Assets$1,329,667

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $696,0802010Expenses 2011: $776,7862011Expenses 2012: $569,9052012Revenue 2013: $429,939Expenses 2013: $559,699Net Income 2013: -$129,7602013Revenue 2014: $665,432Expenses 2014: $471,797Net Income 2014: $193,6352014Revenue 2015: $367,790Expenses 2015: $722,659Net Income 2015: -$354,8692015Revenue 2016: $3,165,534Expenses 2016: $368,845Net Income 2016: $2,796,6892016Revenue 2017: $187,547Expenses 2017: $402,832Net Income 2017: -$215,2852017Revenue 2018: $238,984Expenses 2018: $439,765Net Income 2018: -$200,7812018Revenue 2019: $96,216Expenses 2019: $30,681Net Income 2019: $65,5352019Revenue 2020: $30,771Expenses 2020: $8,651Net Income 2020: $22,1202020Revenue 2021: $24,903Expenses 2021: $5,874Net Income 2021: $19,0292021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2018

Revenue$238,984
Expenses$439,765
Net Income-$200,781
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 29, 2019
Return Version
2018v3.1
Gross Receipts
$238,984
Mission and Program Overview

Mission

Dissemination of non-denominational religious programming through radio broadcasts.

SEE STATEMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,783,914$1,112,858▼ $671,056
Cash and Non-Interest-Bearing Accounts$236,332$103,529▼ $132,803
Land, Buildings, and Equipment, Net$27,346$28,894▲ $1,548
Total Assets$2,047,592$1,330,442▼ $717,150
Other Assets Total$0$85,161▲ $85,161
Liabilities
Other Liabilities$506,585$0▼ $506,585
Accounts Payable and Accrued Expenses$10,559$775▼ $9,784
Total Liabilities$517,144$775▼ $516,369
Net Assets / Fund Balance
Unrestricted Net Assets$1,530,448$1,329,667▼ $200,781
Total Net Assets Fund Balance$1,530,448$1,329,667▼ $200,781
Total Liabilities and Net Assets / Fund Balance$2,047,592$1,330,442▼ $717,150

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,894$19,975$48,869
Other Assets Org$69,661--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
David MciverVice PresidentPT$130,520$130,520
Tim McdermottChief Operating OfficerPT$55,000$55,000

Board Members and Trustees

NameTitle
Jeff RheingansPresident
Chuck BauerDirector
Jim MackinDirector
Larry JeddelohDirector
Bob BakkeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$154,606
Program Service Revenue
$0
Investment Income
$19,038
Other Revenue
$65,340
All Other Contributions
$154,606
Change in Net Assets
$-200,781

Audited Revenue Reconciliation

Revenue per Audited Statements
$238,984
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$635,061
Total Revenue per Audited Statements
$874,045
Total Revenue per Form 990
$238,984
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$308,502
Salaries, Compensation, and Employee Benefits$130,456
Total Fundraising Expense$18,664
Grants and Similar Amounts Paid$807
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$75,998$40,451$6,129$122,578
Information Technology$35,594$3,955-$39,549
Fees for Services Other-$23,622-$23,622
Office Expenses$20,633$2,293-$22,926
Occupancy$18,343--$18,343
Travel$11,163$1,240-$12,403
Insurance$6,049$3,220$488$9,757
Depreciation Depletion$9,458--$9,458
Payroll Taxes$4,884$2,600$394$7,878
Other Expenses$4,540$1,665$633$6,838
Fees for Services Accounting-$5,669-$5,669
Fees for Services Legal-$3,439-$3,439
Advertising$1,896--$1,896
Grants to Domestic Orgs$807--$807
All Other Expenses$440--$440
Total Functional Expenses$332,607$88,494$18,664$439,765

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,109,171
Expenses Not Reported on Form 990$669,406
Expenses per Audited Statements$439,765
Total Expenses per Form 990$439,765
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The executive director, who is a board member, personally has a business relationship with another board member who is his investment broker.

Form 990, Part VI, Section B, Line 11B

The executive director of the organization reviews form 990 and sends a copy to the board for their review before it is filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request during regular business hours at the organization's place of business.

Filing and Contact Details

Filer

Filer Name
Praise Broadcasting Inc
EIN
41-1930197
Phone
3208593000
Address
402 PIKE STREET, OSAKIS, MN 56360

Signing Officer

Name
Dave Mciver
Title
Executive Director
Phone
3202359269
Signed
2019-10-29
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
5
Employees
5
Volunteers
30

Preparer

Firm
Cliftonlarsonallen Llp
Address
1920 TURNING LEAF LANE SUITE 2, ALEXANDRIA, MN 56308
Preparer
Nicholas Paulsen
Phone
3207595100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Christian heritage broadcasting's (praiselive) vision is to see every tribe and nation experiencing jesus together. We accomplish this vision by looking for the one - the one person who needs to know the hope and healing jesus brings. More than a radio station, praise live is a place where passionate lovers of jesus come together to worship him, spend time in his word and pray for each other. We began in a small town in rural minnesota with a big vision. We saw people around us who had no idea who god is. They have heard about him, but they have never really met him in a personal way. In 1995, god spoke to us about changing our format to reach people with worship music, scripture and stories of hope. We began broadcasting on fm stations in western minnesota and later through hd radio in the twin cities. This past year praiselive added two full-time affiliates in the us - in montana and illinois. Praiselive also broadcasts around the world on five fm stations in africa (ghana and uganda) and three fm stations in new zealand. We are in millions of homes via satellite in the middle east and all of africa. In addition, through a special partnership with the website jesus.net, millions of visitors who are looking for jesus have direct access to the ministry. Praiselive is the only radio station available station on this site. Recent data from this site indicates listeners from over 85 countries tune in monthly to experience jesus through praiselive. An additional 190 countries have immediate access to praiselive through another strategic partnership with the worldwide broadcast ministry of trans world radio and their app twr360. Praiselive is a place of prayer. Every day people from all over the world trust the team at praiselive to take their needs to god. Prayer requests are submitted through our praiselive app, website, e-mail and phone calls to our staff. It's our joy to pray with people and to trust jesus to help them. We also have prayer stations we take to events around the area to pray with people on site for their needs. Praiselive also come alongside other nonprofit faith-based ministries such as onehope and the salavation poem to provide prayer covering for their ministries' needs. Through social media over 330,000 people are connected to the ministry through facebook, twitter and instagram. Scripture verses, testimonies and stories of hope are posted weekly. Live worship events are broadcast on our facebook page. Praiselive also has five podcasts - designed to take people into a deeper relationship with jesus. Those podcasts are experiencing hope (stories from people who have found the hope of jesus even during tragedy), more than sports (stories of faith from athletes), god at work (successful businessmen sharing their business secrets and their faith in the marketplace), reach the one (stories and practical ways to reach a person who needs to know the power and presence of jesus) and the full story (on-air compelling conversations about real life from leaders, influencers and modern day heroes of faith living for jesus.) praiselive is a listener-supported ministry. Two fundraisers are held each year to raise the annual support. If you would like to join the vision of seeing people all across the world experience jesus you can make your gift at praiselive.org.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income tax under section 501(c)(3) of the internal revenue code and comparable state law. Contributions to the organization are tax deductible. The organization follows the income tax standard for uncertain tax positions. It evaluates its tax positions and determined it has no uncertain tax positions as of december 31, 2017 and 2016.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Revenue of affiliate reported on a separate return 635,061.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses of affiliate reported on a separate return 669,406.

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IRS990/MissionDesc0THROUGH BROADCASTING WORSHIP MUSIC, THE WORD OF GOD AND PRAYER, PRAISELIVE'S VISION IS TO SEE "EVERY TRIBE AND NATION EXPERIENCING JESUS TOGETHER." WE ACCOMPLISH THIS VISION BY LOOKING FOR THE ONE - THE ONE WHO NEEDS THE HOPE AND HEALING OF WHO JESUS IS."
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040451
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt075998
IRS990/OtherSalariesAndWagesGrp/TotalAmt0122578
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0394
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02600
IRS990/PayrollTaxesGrp/ProgramServicesAmt04884
IRS990/PayrollTaxesGrp/TotalAmt07878
IRS990/PoliticalCampaignActyInd00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0137991
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt07341
IRS990/PYInvestmentIncomeAmt034244
IRS990/PYOtherExpensesAmt0299315
IRS990/PYOtherRevenueAmt015312
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-215285
IRS990/PYSalariesCompEmpBnftPaidAmt096176
IRS990/PYTotalExpensesAmt0402832
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0187547
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-200781
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01783914
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01112858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0154606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0137991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0189856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0367790
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0665432
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01515675
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019038
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033914
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt052952
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt065340
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt015312
IRS990ScheduleA/OtherIncome170Grp/TotalAmt080652
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91900
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01515675
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0154606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0137991
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0189856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0367790
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0665432
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01515675
IRS990ScheduleA/TotalSupportAmt01649279
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt028894
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019975
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048869
IRS990ScheduleD/ExpensesNotReportedAmt0669406
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0439765
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt169661
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM CHB
IRS990ScheduleD/OtherExpensesIncludedAmt0669406
IRS990ScheduleD/OtherRevenueAmt0635061
IRS990ScheduleD/RevenueNotReportedAmt0635061
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0238984
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW. CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. IT EVALUATES ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2017 AND 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REVENUE OF AFFILIATE REPORTED ON A SEPARATE RETURN 635,061.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EXPENSES OF AFFILIATE REPORTED ON A SEPARATE RETURN 669,406.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028894
IRS990ScheduleD/TotalBookValueOtherAssetsAmt085161
IRS990ScheduleD/TotalExpensesPerForm990Amt0439765
IRS990ScheduleD/TotalRevenuePerForm990Amt0238984
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0874045
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01109171
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRISTIAN HERITAGE BROADCASTING'S (PRAISELIVE) VISION IS TO SEE EVERY TRIBE AND NATION EXPERIENCING JESUS TOGETHER. WE ACCOMPLISH THIS VISION BY LOOKING FOR THE ONE - THE ONE PERSON WHO NEEDS TO KNOW THE HOPE AND HEALING JESUS BRINGS. MORE THAN A RADIO STATION, PRAISE LIVE IS A PLACE WHERE PASSIONATE LOVERS OF JESUS COME TOGETHER TO WORSHIP HIM, SPEND TIME IN HIS WORD AND PRAY FOR EACH OTHER. WE BEGAN IN A SMALL TOWN IN RURAL MINNESOTA WITH A BIG VISION. WE SAW PEOPLE AROUND US WHO HAD NO IDEA WHO GOD IS. THEY HAVE HEARD ABOUT HIM, BUT THEY HAVE NEVER REALLY MET HIM IN A PERSONAL WAY. IN 1995, GOD SPOKE TO US ABOUT CHANGING OUR FORMAT TO REACH PEOPLE WITH WORSHIP MUSIC, SCRIPTURE AND STORIES OF HOPE. WE BEGAN BROADCASTING ON FM STATIONS IN WESTERN MINNESOTA AND LATER THROUGH HD RADIO IN THE TWIN CITIES. THIS PAST YEAR PRAISELIVE ADDED TWO FULL-TIME AFFILIATES IN THE US - IN MONTANA AND ILLINOIS. PRAISELIVE ALSO BROADCASTS AROUND THE WORLD ON FIVE FM STATIONS IN AFRICA (GHANA AND UGANDA) AND THREE FM STATIONS IN NEW ZEALAND. WE ARE IN MILLIONS OF HOMES VIA SATELLITE IN THE MIDDLE EAST AND ALL OF AFRICA. IN ADDITION, THROUGH A SPECIAL PARTNERSHIP WITH THE WEBSITE JESUS.NET, MILLIONS OF VISITORS WHO ARE LOOKING FOR JESUS HAVE DIRECT ACCESS TO THE MINISTRY. PRAISELIVE IS THE ONLY RADIO STATION AVAILABLE STATION ON THIS SITE. RECENT DATA FROM THIS SITE INDICATES LISTENERS FROM OVER 85 COUNTRIES TUNE IN MONTHLY TO EXPERIENCE JESUS THROUGH PRAISELIVE. AN ADDITIONAL 190 COUNTRIES HAVE IMMEDIATE ACCESS TO PRAISELIVE THROUGH ANOTHER STRATEGIC PARTNERSHIP WITH THE WORLDWIDE BROADCAST MINISTRY OF TRANS WORLD RADIO AND THEIR APP TWR360. PRAISELIVE IS A PLACE OF PRAYER. EVERY DAY PEOPLE FROM ALL OVER THE WORLD TRUST THE TEAM AT PRAISELIVE TO TAKE THEIR NEEDS TO GOD. PRAYER REQUESTS ARE SUBMITTED THROUGH OUR PRAISELIVE APP, WEBSITE, E-MAIL AND PHONE CALLS TO OUR STAFF. IT'S OUR JOY TO PRAY WITH PEOPLE AND TO TRUST JESUS TO HELP THEM. WE ALSO HAVE PRAYER STATIONS WE TAKE TO EVENTS AROUND THE AREA TO PRAY WITH PEOPLE ON SITE FOR THEIR NEEDS. PRAISELIVE ALSO COME ALONGSIDE OTHER NONPROFIT FAITH-BASED MINISTRIES SUCH AS ONEHOPE AND THE SALAVATION POEM TO PROVIDE PRAYER COVERING FOR THEIR MINISTRIES' NEEDS. THROUGH SOCIAL MEDIA OVER 330,000 PEOPLE ARE CONNECTED TO THE MINISTRY THROUGH FACEBOOK, TWITTER AND INSTAGRAM. SCRIPTURE VERSES, TESTIMONIES AND STORIES OF HOPE ARE POSTED WEEKLY. LIVE WORSHIP EVENTS ARE BROADCAST ON OUR FACEBOOK PAGE. PRAISELIVE ALSO HAS FIVE PODCASTS - DESIGNED TO TAKE PEOPLE INTO A DEEPER RELATIONSHIP WITH JESUS. THOSE PODCASTS ARE EXPERIENCING HOPE (STORIES FROM PEOPLE WHO HAVE FOUND THE HOPE OF JESUS EVEN DURING TRAGEDY), MORE THAN SPORTS (STORIES OF FAITH FROM ATHLETES), GOD AT WORK (SUCCESSFUL BUSINESSMEN SHARING THEIR BUSINESS SECRETS AND THEIR FAITH IN THE MARKETPLACE), REACH THE ONE (STORIES AND PRACTICAL WAYS TO REACH A PERSON WHO NEEDS TO KNOW THE POWER AND PRESENCE OF JESUS) AND THE FULL STORY (ON-AIR COMPELLING CONVERSATIONS ABOUT REAL LIFE FROM LEADERS, INFLUENCERS AND MODERN DAY HEROES OF FAITH LIVING FOR JESUS.) PRAISELIVE IS A LISTENER-SUPPORTED MINISTRY. TWO FUNDRAISERS ARE HELD EACH YEAR TO RAISE THE ANNUAL SUPPORT. IF YOU WOULD LIKE TO JOIN THE VISION OF SEEING PEOPLE ALL ACROSS THE WORLD EXPERIENCE JESUS YOU CAN MAKE YOUR GIFT AT PRAISELIVE.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR, WHO IS A BOARD MEMBER, PERSONALLY HAS A BUSINESS RELATIONSHIP WITH ANOTHER BOARD MEMBER WHO IS HIS INVESTMENT BROKER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR OF THE ORGANIZATION REVIEWS FORM 990 AND SENDS A COPY TO THE BOARD FOR THEIR REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS AT THE ORGANIZATION'S PLACE OF BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHRISTIAN HERITAGE BROADCASTING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0411514519
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE CHRISTIAN MESSAGE THROUGH MUSIC AND PROGRAMS ON RADIO AND CONCERTS.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0402 PIKE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0OSAKIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd056360
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02047592
IRS990/TotalAssetsEOYAmt01330442
IRS990/TotalAssetsGrp/BOYAmt02047592
IRS990/TotalAssetsGrp/EOYAmt01330442
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0154606
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018664
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088494
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0332607
IRS990/TotalFunctionalExpensesGrp/TotalAmt0439765
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0517144
IRS990/TotalLiabilitiesEOYAmt0775
IRS990/TotalLiabilitiesGrp/BOYAmt0517144
IRS990/TotalLiabilitiesGrp/EOYAmt0775
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01530448
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01329667
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0332607
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt019038
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt065340
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0238984
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00
2023Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2022Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.02$0.01$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.03$0.01$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$0.10$0.03$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.24$0.44$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.52$1.53$0.19$0.40$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.47$1.75$3.17$0.37$2.80
2015Detailed filing. Detailed filing data is available for this year.$5.07$6.12$1.05$0.37$0.72$0.35
2014Detailed filing. Detailed filing data is available for this year.$5.33$6.02$0.70$0.67$0.47$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.13$1.02$0.89$0.43$0.56$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$1.36$0.76$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$1.15$0.56$0.78
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.94$0.34$0.70