Civic Intelligence

Beech Street Communications Corporation

EIN 71-0659011 • 501(c)3 • Texarkana, AR

Profile

Part i, line 1, part iii, line 1 klfi - tv 35 was established in 1988 with the express purpose of bringing family programming to the people of texarkana and the surrounding area. The goal of the station was not only to bring religious broadcasting to the area, but to also focus on the positive activities that are occurring in our town. Our goal is to be part of our community by providing g-rated programming from the walk network along with special events in our area including high school sports, outdoor sports, parades, local talk shows and informational programs including health programs, how-to programs and national news with a slant toward the christian household.

601 Beech StreetTexarkana, AR 71854
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

14th percentile

-52%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$48,461

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 39.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

Revenue Growth

34th percentile

-19%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

Assets

Down

$0

Down $138,647 (-100%) from 2018

Liabilities

Down

$0

Down $22,565 (-100%) from 2018

Net Assets

Down

$0

Down $116,082 (-100%) from 2018

Revenue

Down

$123,291

Down $66,500 (-35%) from 2018

Expenses

Down

$187,840

Down $28,719 (-13%) from 2018

Net Income

Down

-$64,549

Down $37,781 (-141%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $931,260Liabilities 2011: $6,476Net Assets 2011: $924,7842011Assets 2012: $926,630Liabilities 2012: $738Net Assets 2012: $925,8922012Assets 2013: $155,969Liabilities 2013: $695Net Assets 2013: $155,2742013Assets 2014: $177,908Liabilities 2014: $0Net Assets 2014: $177,9082014Assets 2015: $158,806Liabilities 2015: $0Net Assets 2015: $158,8062015Assets 2016: $187,741Liabilities 2016: $40,003Net Assets 2016: $147,7382016Assets 2017: $178,838Liabilities 2017: $35,988Net Assets 2017: $142,8502017Assets 2018: $138,647Liabilities 2018: $22,565Net Assets 2018: $116,0822018Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $209,604Expenses 2011: $203,316Net Income 2011: $6,2882011Revenue 2012: $196,329Expenses 2012: $195,221Net Income 2012: $1,1082012Revenue 2013: $289,466Expenses 2013: $198,694Net Income 2013: $90,7722013Revenue 2014: $283,154Expenses 2014: $229,794Net Income 2014: $53,3602014Revenue 2015: $206,757Expenses 2015: $226,736Net Income 2015: -$19,9792015Revenue 2016: $225,595Expenses 2016: $235,786Net Income 2016: -$10,1912016Revenue 2017: $212,467Expenses 2017: $217,355Net Income 2017: -$4,8882017Revenue 2018: $189,791Expenses 2018: $216,559Net Income 2018: -$26,7682018Revenue 2020: $123,291Expenses 2020: $187,840Net Income 2020: -$64,5492020

Highlighted filing

2020

Revenue$123,291
Expenses$187,840
Net Income-$64,549

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$173,799
Mission and Program Overview

Mission

Part i, line 1, part iii, line 1 klfi - tv 35 was established in 1988 with the express purpose of bringing family programming to the people of texarkana and the surrounding area. The goal of the station was not only to bring religious broadcasting to the area, but to also focus on the positive activities that are occurring in our town. Our goal is to be part of our community by providing g-rated programming from the walk network along with special events in our area including high school sports, outdoor sports, parades, local talk shows and informational programs including health programs, how-to programs and national news with a slant toward the christian household.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$75,340--
Rtn Earn Endowment Incm Other Fnds$64,549--
Cash and Non-Interest-Bearing Accounts$7,358--
Savings and Temporary Cash Investments$1,010--
Investments Other Securities$1,000--
Total Assets$84,708$0▼ $84,708
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,297--
Other Liabilities$2,862--
Total Liabilities$20,159$0▼ $20,159
Net Assets / Fund Balance
Total Net Assets Fund Balance$64,549$0▼ $64,549
Total Liabilities and Net Assets / Fund Balance$84,708$0▼ $84,708
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Donald E Walker JrExecutive DiFT$48,461$48,461

Board Members and Trustees

NameTitle
Arthur ChristyDirector
Barbara McwilliamsDirector
Craig JenkinsDirector
Joe AdamsDirector
Linda LareyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$28,430
Program Service Revenue
$46,495
Investment Income
$46,493
Other Revenue
$1,873
All Other Contributions
$17,180
Change in Net Assets
$-64,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$88,816
Other Expenses$50,591
Grants and Similar Amounts Paid$48,433
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$48,461--$48,461
Grants to Domestic Orgs$48,433--$48,433
Other Salaries and Wages$33,769--$33,769
Depreciation Depletion$25,833--$25,833
Payroll Taxes$6,386--$6,386
Insurance$5,744--$5,744
Fees for Services Accounting$2,525--$2,525
All Other Expenses$2,427--$2,427
Other Expenses$1,194--$1,194
Interest$779--$779
Fees for Services Legal$375--$375
Advertising$203--$203
Pension Plan Contributions$148--$148
Office Expenses$132--$132
Other Employee Benefits$52--$52
Total Functional Expenses$187,840$0$0$187,840
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Beech Street Baptist ChurchTexarkana, AR501c3Remaining Funds$48,433
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
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

In past years the executive director reviewed the form 990 before filing with the internal revenue service. Due to the dissolution of the entity during the year the person responsible for handling the dissolution will review the form 990 prior to filing with the irs

Form 990, Page 6, Part VI, Line 15A

Compensation is reviewed and set by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Compensation is reviewed and set by the board of directors.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial statements available to the public by having a public file containing these documents in their office that the public may review.

Filing and Contact Details

Filer

Filer Name
Beech Street Communications
EIN
71-0659011
Phone
8707743500
Address
601 BEECH STREET, TEXARKANA, AR 71854

Signing Officer

Name
Arthur Christy
Title
Director
Phone
8707743500
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arthur Christy
Formed
1988
Legal Domicile
Ar
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
15

Preparer

Firm
Holliday Lemons & Cox Pc
Address
2001 MOORES LANE, TEXARKANA, TX 75503
Preparer
Janis Fischer Holliday
Phone
9038232727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Part i, line 1, part iii, line 1 klfi - tv 35 was established in 1988 with the express purpose of bringing family programming to the people of texarkana and the surrounding area. The goal of the station was not only to bring religious broadcasting to the area, but to also focus on the positive activities that are occurring in our town. Our goal is to be part of our community by providing g-rated programming from the walk network along with special events in our area including high school sports, outdoor sports, parades, local talk shows and informational programs including health programs, how-to programs and national news with a slant toward the christian household.

Form 990, Page 2, Part III, Line 3

The organization sold its assets in october 2020 to blueline technology, inc. For 97,000 (as reported on part viii line 7a). The cash that remained (48,433), after paying final expenses and liabilites was transferred to beech street first baptist church. (see schedule n)

Form 990, Page 2, Part III, Line 4A

On air programming services-klfi-tv produces and broadcasts several programs that total over 60 hours of broadcast time each week. One service a week of beech street first baptist church are broadcast on cable one (channel 10), and to the rest of the surrounding area by way of our low power class a broadcast uhf channel 35. In addition, each service is rebroadcast three times each week. We also produce "table talk" that is a local events program promoting civic and charitable organizations as well as other events popular to our area. Each week during football season we take our production trailer and fifteen volunteers and tape a local high school game to replay three times each week. We also tape and broadcast special community wide events. In addition to the above mentioned items, we also air city council meetings for both texarkana, texas and texarkana, arkansas, church services for moores lane first baptist church and northern hills baptist church. The combined program services listed has allowed us to achieve our purpose of promoting the message of christ to the community, as well as, to provide balanced coverage of community events in texarkana.

Form 990, Page 2, Part III, Line 4D

The organization ceased operations and the cash that remained, after paying final expenses and liabilites was transferred to beech street first baptist church. (see schedule n)

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0229954
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0895705
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IRS990ScheduleI/RecipientTable/CashGrantAmt048433
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0REMAINING FUNDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BEECH STREET BAPTIST CHURCH
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0601 BEECH ST
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART I, LINE 1, PART III, LINE 1 KLFI - TV 35 WAS ESTABLISHED IN 1988 WITH THE EXPRESS PURPOSE OF BRINGING FAMILY PROGRAMMING TO THE PEOPLE OF TEXARKANA AND THE SURROUNDING AREA. THE GOAL OF THE STATION WAS NOT ONLY TO BRING RELIGIOUS BROADCASTING TO THE AREA, BUT TO ALSO FOCUS ON THE POSITIVE ACTIVITIES THAT ARE OCCURRING IN OUR TOWN. OUR GOAL IS TO BE PART OF OUR COMMUNITY BY PROVIDING G-RATED PROGRAMMING FROM THE WALK NETWORK ALONG WITH SPECIAL EVENTS IN OUR AREA INCLUDING HIGH SCHOOL SPORTS, OUTDOOR SPORTS, PARADES, LOCAL TALK SHOWS AND INFORMATIONAL PROGRAMS INCLUDING HEALTH PROGRAMS, HOW-TO PROGRAMS AND NATIONAL NEWS WITH A SLANT TOWARD THE CHRISTIAN HOUSEHOLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION SOLD ITS ASSETS IN OCTOBER 2020 TO BLUELINE TECHNOLOGY, INC. FOR 97,000 (AS REPORTED ON PART VIII LINE 7A). THE CASH THAT REMAINED (48,433), AFTER PAYING FINAL EXPENSES AND LIABILITES WAS TRANSFERRED TO BEECH STREET FIRST BAPTIST CHURCH. (SEE SCHEDULE N)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ON AIR PROGRAMMING SERVICES-KLFI-TV PRODUCES AND BROADCASTS SEVERAL PROGRAMS THAT TOTAL OVER 60 HOURS OF BROADCAST TIME EACH WEEK. ONE SERVICE A WEEK OF BEECH STREET FIRST BAPTIST CHURCH ARE BROADCAST ON CABLE ONE (CHANNEL 10), AND TO THE REST OF THE SURROUNDING AREA BY WAY OF OUR LOW POWER CLASS A BROADCAST UHF CHANNEL 35. IN ADDITION, EACH SERVICE IS REBROADCAST THREE TIMES EACH WEEK. WE ALSO PRODUCE "TABLE TALK" THAT IS A LOCAL EVENTS PROGRAM PROMOTING CIVIC AND CHARITABLE ORGANIZATIONS AS WELL AS OTHER EVENTS POPULAR TO OUR AREA. EACH WEEK DURING FOOTBALL SEASON WE TAKE OUR PRODUCTION TRAILER AND FIFTEEN VOLUNTEERS AND TAPE A LOCAL HIGH SCHOOL GAME TO REPLAY THREE TIMES EACH WEEK. WE ALSO TAPE AND BROADCAST SPECIAL COMMUNITY WIDE EVENTS. IN ADDITION TO THE ABOVE MENTIONED ITEMS, WE ALSO AIR CITY COUNCIL MEETINGS FOR BOTH TEXARKANA, TEXAS AND TEXARKANA, ARKANSAS, CHURCH SERVICES FOR MOORES LANE FIRST BAPTIST CHURCH AND NORTHERN HILLS BAPTIST CHURCH. THE COMBINED PROGRAM SERVICES LISTED HAS ALLOWED US TO ACHIEVE OUR PURPOSE OF PROMOTING THE MESSAGE OF CHRIST TO THE COMMUNITY, AS WELL AS, TO PROVIDE BALANCED COVERAGE OF COMMUNITY EVENTS IN TEXARKANA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION CEASED OPERATIONS AND THE CASH THAT REMAINED, AFTER PAYING FINAL EXPENSES AND LIABILITES WAS TRANSFERRED TO BEECH STREET FIRST BAPTIST CHURCH. (SEE SCHEDULE N)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN PAST YEARS THE EXECUTIVE DIRECTOR REVIEWED THE FORM 990 BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. DUE TO THE DISSOLUTION OF THE ENTITY DURING THE YEAR THE PERSON RESPONSIBLE FOR HANDLING THE DISSOLUTION WILL REVIEW THE FORM 990 PRIOR TO FILING WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS REVIEWED AND SET BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION IS REVIEWED AND SET BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY HAVING A PUBLIC FILE CONTAINING THESE DOCUMENTS IN THEIR OFFICE THAT THE PUBLIC MAY REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0601 PRODUCTIONS INC
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