Civic Intelligence

Agape Broadcasting Foundation Inc.

990 • Fiscal year 2019 • EIN 75-1369880

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 26, 2020

13154 Coit Road Suite 200Dallas, TX 75240

(214) 828-9500

Siviq Scores

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

Liabilities / Assets

77th percentile

0.26x

Higher debt load relative to assets than 77% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.08x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

61st percentile

8.6%

Higher net margin than 61% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$211,954

Up $28,020 (+15%) from 2018

Net Assets

Up

$155,821

Up $120,667 (+343%) from 2018

Liabilities

Down

$56,133

Down $92,647 (-62%) from 2018

Revenue

Up

$725,855

Up $122,926 (+20%) from 2018

Expenses

Up

$663,071

Up $20,118 (+3.1%) from 2018

Net Income

Up

$62,784

Up $102,808 (+257%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $158,066Liabilities 2010: $213,751Net Assets 2010: -$55,6852010Assets 2011: $140,982Liabilities 2011: $117,684Net Assets 2011: $23,2982011Assets 2012: $132,835Liabilities 2012: $99,304Net Assets 2012: $33,5312012Assets 2013: $122,463Liabilities 2013: $73,160Net Assets 2013: $49,3032013Assets 2014: $125,692Liabilities 2014: $95,190Net Assets 2014: $30,5022014Assets 2015: $240,976Liabilities 2015: $102,793Net Assets 2015: $138,1832015Assets 2016: $259,545Liabilities 2016: $136,454Net Assets 2016: $123,0912016Assets 2017: $224,475Liabilities 2017: $149,297Net Assets 2017: $75,1782017Assets 2018: $183,934Liabilities 2018: $148,780Net Assets 2018: $35,1542018Assets 2019: $211,954Liabilities 2019: $56,133Net Assets 2019: $155,8212019Assets 2020: $435,207Liabilities 2020: $82,118Net Assets 2020: $353,0892020Assets 2021: $481,133Liabilities 2021: $22,781Net Assets 2021: $458,3522021Assets 2022: $496,367Liabilities 2022: $28,311Net Assets 2022: $468,0562022Assets 2023: $476,472Liabilities 2023: $35,983Net Assets 2023: $440,4892023Assets 2024: $449,451Liabilities 2024: $24,483Net Assets 2024: $424,9682024

Highlighted filing

2019

Assets$211,954
Liabilities$56,133
Net Assets$155,821

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $497,730Expenses 2010: $569,770Net Income 2010: -$72,0402010Revenue 2011: $610,365Expenses 2011: $531,382Net Income 2011: $78,9832011Revenue 2012: $531,024Expenses 2012: $520,791Net Income 2012: $10,2332012Revenue 2013: $643,833Expenses 2013: $628,062Net Income 2013: $15,7712013Revenue 2014: $631,358Expenses 2014: $650,159Net Income 2014: -$18,8012014Revenue 2015: $808,579Expenses 2015: $700,898Net Income 2015: $107,6812015Revenue 2016: $648,578Expenses 2016: $663,670Net Income 2016: -$15,0922016Revenue 2017: $679,010Expenses 2017: $739,799Net Income 2017: -$60,7892017Revenue 2018: $602,929Expenses 2018: $642,953Net Income 2018: -$40,0242018Revenue 2019: $725,855Expenses 2019: $663,071Net Income 2019: $62,7842019Revenue 2020: $778,180Expenses 2020: $580,903Net Income 2020: $197,2772020Revenue 2021: $648,183Expenses 2021: $542,916Net Income 2021: $105,2672021Revenue 2022: $578,519Expenses 2022: $559,475Net Income 2022: $19,0442022Revenue 2023: $577,275Expenses 2023: $604,778Net Income 2023: -$27,5032023Revenue 2024: $588,509Expenses 2024: $595,684Net Income 2024: -$7,1752024

Highlighted filing

2019

Revenue$725,855
Expenses$663,071
Net Income$62,784
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 26, 2020
Return Version
2019v5.0
Gross Receipts
$773,993
Mission and Program Overview

Mission

Knon's mission is to be the voice of the people in the dallas area. Knon provides unique programming to reflect the diversity of the entire metroplex community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$57,274$118,066▲ $60,792
Land, Buildings, and Equipment, Net$95,178$66,892▼ $28,286
Prepaid Expenses and Deferred Charges$16,451$15,946▼ $505
Pledges and Grants Receivable$7,281$2,550▼ $4,731
Total Assets$183,934$211,954▲ $28,020
Other Assets Total$7,750$8,500▲ $750
Liabilities
Accounts Payable and Accrued Expenses$69,130$36,346▼ $32,784
Other Liabilities$79,650$19,787▼ $59,863
Total Liabilities$148,780$56,133▼ $92,647
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,154$89,792▲ $54,638
Net Assets With Donor Restrictions-$66,029-
Total Net Assets Fund Balance$35,154$155,821▲ $120,667
Total Liabilities and Net Assets / Fund Balance$183,934$211,954▲ $28,020

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$66,892$441,115$508,007
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul KollockPresident/tr
Bernita T ScottDirector
Charles McgarryDirector
Eugene SoslowDirector
Steven WeedDirector
Joost FeliusSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$508,538
Program Service Revenue
$147,430
Investment Income
$0
Other Revenue
$69,887
All Other Contributions
$508,538
Change in Net Assets
$62,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$413,258
Salaries, Compensation, and Employee Benefits$249,813
Total Fundraising Expense$157,861
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$136,591$31,204$44,536$212,331
Occupancy$105,974$8,972$9,914$124,860
Office Expenses$26,542$9,153$18,234$53,929
Depreciation Depletion$35,770--$35,770
Fees for Services Accounting-$23,106-$23,106
Other Expenses$21,437$244$24,568$21,437
Other Employee Benefits$12,580$2,196$5,192$19,968
Payroll Taxes$11,489$2,487$3,538$17,514
All Other Expenses$4,126$12,391$55$16,572
Advertising$5,991-$5,991$11,982
Insurance$3,531$5,378-$8,909
Fees for Services Other$3,588$78$3,891$7,557
Fees for Services Legal-$5,560-$5,560
Interest-$3,327-$3,327
Travel$1,395--$1,395
Information Technology$562$181$210$953
Total Functional Expenses$400,933$104,277$157,861$663,071
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$118,025
Fundraising Direct Expenses$48,138
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$118,025$118,025$48,138$69,887
Total Events$118,025$118,025$48,138$69,887
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Lease Liability$19,787
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Section a, line 1 up to five board positions are allowed to be held by volunteer show hosts. These positions have limited voting rights and are not allowed to vote on issues specific to their format, issues related to the performance or compensation of the station manager, or in the election of board members to the dj board seats due to their lack of independence on those issues.

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

The form 990 was made available to the board of directors via email, regular mail if requested, or at the monthly board of directors meeting. The treasurer makes every effort to ensure that each board member and the station manager are aware of the contents and meaning of agape's form 990 and general financial health.

Form 990, Page 6, Part VI, Line 12C

Policies, including the conflict of intrest policy, are reviewed annually at a board meeting in the fall of each year. All board members must signs forms at that time acknowledging the policy and disclosing any possible conflicts of interest.

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

The organization is small and does not use outside services to determine or evaluate compensation. The board does evaluate and approve the salary the station manager and may do research to compare salaries for similar positions in the field as it deems necessary.

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

Officers are not compensated by the organization, and the organization has no key employees.

Form 990, Page 6, Part VI, Line 19

All policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Agape Broadcasting Foundation Inc
EIN
75-1369880
Phone
2148289500
Address
13154 COIT ROAD SUITE 200, DALLAS, TX 75240

Signing Officer

Name
Paul Kollock
Title
President/treasurer
Phone
2148289500
Signed
2020-08-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Kollock
Formed
1971
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
100

Preparer

Firm
Mark Conner CPA Pllc
Address
5050 QUORUM DRIVE SUITE 700, DALLAS, TX 75254
Preparer
Mark L Conner CPA
Phone
4693201260
Supplemental Narrative

Additional Explanations

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

Knon conducts radio broadcasting and provides unique programs to reflect the diversity of the entire metroplex community including programs in these formats: gospel, talk shows, rhythm & blues, latin energy, tejano, country, blues, cajun, rockabilly, metal, industrial rock, punk & alternative rock, reggae, hip hop, oldies, jewish, polka, native american indian, ethiopian, eclectic. Knon is on the air 24 hours a day and 7 days a week with 65 different shows during each week. There are 61 volunteer show hosts who produce each show with the help of other volunteers. The talk shows address worker, community, government, church, and gay and lesbian issues. Knon presents many events, mostly music-related, for the community to highlight local talents as a means of fundraising. Knon reaches out to the many diverse communities in the dallas/fort worth area is truly the "voice of the people."

Form 990, Part XI, Line 9

Temporarily restricted net assets 66,029

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING REVENUE 147,132
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KNON CONDUCTS RADIO BROADCASTING AND PROVIDES UNIQUE PROGRAMS TO REFLECT THE DIVERSITY OF THE ENTIRE METROPLEX COMMUNITY INCLUDING PROGRAMS IN THESE FORMATS: GOSPEL, TALK SHOWS, RHYTHM & BLUES, LATIN ENERGY, TEJANO, COUNTRY, BLUES, CAJUN, ROCKABILLY, METAL, INDUSTRIAL ROCK, PUNK & ALTERNATIVE ROCK, REGGAE, HIP HOP, OLDIES, JEWISH, POLKA, NATIVE AMERICAN INDIAN, ETHIOPIAN, ECLECTIC. KNON IS ON THE AIR 24 HOURS A DAY AND 7 DAYS A WEEK WITH 65 DIFFERENT SHOWS DURING EACH WEEK. THERE ARE 61 VOLUNTEER SHOW HOSTS WHO PRODUCE EACH SHOW WITH THE HELP OF OTHER VOLUNTEERS. THE TALK SHOWS ADDRESS WORKER, COMMUNITY, GOVERNMENT, CHURCH, AND GAY AND LESBIAN ISSUES. KNON PRESENTS MANY EVENTS, MOSTLY MUSIC-RELATED, FOR THE COMMUNITY TO HIGHLIGHT LOCAL TALENTS AS A MEANS OF FUNDRAISING. KNON REACHES OUT TO THE MANY DIVERSE COMMUNITIES IN THE DALLAS/FORT WORTH AREA IS TRULY THE "VOICE OF THE PEOPLE."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SECTION A, LINE 1 UP TO FIVE BOARD POSITIONS ARE ALLOWED TO BE HELD BY VOLUNTEER SHOW HOSTS. THESE POSITIONS HAVE LIMITED VOTING RIGHTS AND ARE NOT ALLOWED TO VOTE ON ISSUES SPECIFIC TO THEIR FORMAT, ISSUES RELATED TO THE PERFORMANCE OR COMPENSATION OF THE STATION MANAGER, OR IN THE ELECTION OF BOARD MEMBERS TO THE DJ BOARD SEATS DUE TO THEIR LACK OF INDEPENDENCE ON THOSE ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS VIA EMAIL, REGULAR MAIL IF REQUESTED, OR AT THE MONTHLY BOARD OF DIRECTORS MEETING. THE TREASURER MAKES EVERY EFFORT TO ENSURE THAT EACH BOARD MEMBER AND THE STATION MANAGER ARE AWARE OF THE CONTENTS AND MEANING OF AGAPE'S FORM 990 AND GENERAL FINANCIAL HEALTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POLICIES, INCLUDING THE CONFLICT OF INTREST POLICY, ARE REVIEWED ANNUALLY AT A BOARD MEETING IN THE FALL OF EACH YEAR. ALL BOARD MEMBERS MUST SIGNS FORMS AT THAT TIME ACKNOWLEDGING THE POLICY AND DISCLOSING ANY POSSIBLE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION IS SMALL AND DOES NOT USE OUTSIDE SERVICES TO DETERMINE OR EVALUATE COMPENSATION. THE BOARD DOES EVALUATE AND APPROVE THE SALARY THE STATION MANAGER AND MAY DO RESEARCH TO COMPARE SALARIES FOR SIMILAR POSITIONS IN THE FIELD AS IT DEEMS NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICERS ARE NOT COMPENSATED BY THE ORGANIZATION, AND THE ORGANIZATION HAS NO KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TEMPORARILY RESTRICTED NET ASSETS 66,029
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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IRS990/TotalGrossUBIAmt00
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IRS990/WebsiteAddressTxt0WWW.KNON.ORG
IRS990/WhistleblowerPolicyInd0true
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ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL KOLLOCK
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ReturnHeader/BusinessOfficerGrp/PhoneNum02148289500
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AGAPE BROADCASTING FOUNDATION INC
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461320984
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
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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.$4.49$0.24$4.25$5.89$5.96$0.07
2023Detailed filing. Detailed filing data is available for this year.$4.76$0.36$4.40$5.77$6.05$0.28
2022Detailed filing. Detailed filing data is available for this year.$4.96$0.28$4.68$5.79$5.59$0.19
2021Detailed filing. Detailed filing data is available for this year.$4.81$0.23$4.58$6.48$5.43$1.05
2020Detailed filing. Detailed filing data is available for this year.$4.35$0.82$3.53$7.78$5.81$1.97
2019Detailed filing. Detailed filing data is available for this year.$2.12$0.56$1.56$7.26$6.63$0.63
2018Detailed filing. Detailed filing data is available for this year.$1.84$1.49$0.35$6.03$6.43$0.40
2017Detailed filing. Detailed filing data is available for this year.$2.24$1.49$0.75$6.79$7.40$0.61
2016Detailed filing. Detailed filing data is available for this year.$2.60$1.36$1.23$6.49$6.64$0.15
2015Detailed filing. Detailed filing data is available for this year.$2.41$1.03$1.38$8.09$7.01$1.08
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.95$0.31$6.31$6.50$0.19
2013Detailed filing. Detailed filing data is available for this year.$1.22$0.73$0.49$6.44$6.28$0.16
2012Summary only. Only limited summary data is available for this year.$1.33$0.99$0.34$5.31$5.21$0.10
2011Summary only. Only limited summary data is available for this year.$1.41$1.18$0.23$6.10$5.31$0.79
2010Summary only. Only limited summary data is available for this year.$1.58$2.14$0.56$4.98$5.70$0.72