Civic Intelligence

Basic Gospel Inc

990 • Fiscal year 2021 • EIN 75-1564364

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 25, 2021

751 Hebron Parkway No 310Lewisville, TX 75057

(214) 890-4144

Siviq Scores

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

Liabilities / Assets

75th percentile

0.22x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.20x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

22nd percentile

-4.0%

Higher net margin than 22% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

76th percentile

$67,728

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

3rd percentile

-44%

Faster asset growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

39th percentile

3.1%

Faster revenue growth than 39% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$899,314

Down $694,271 (-44%) from 2020

Net Assets

Down

$704,303

Down $647,037 (-48%) from 2020

Liabilities

Down

$195,011

Down $47,234 (-19%) from 2020

Revenue

Up

$962,744

Up $28,578 (+3.1%) from 2020

Expenses

Down

$1,001,168

Down $53,518 (-5.1%) from 2020

Net Income

Up

-$38,424

Up $82,096 (+68%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,270,122Liabilities 2011: $70,952Net Assets 2011: $2,199,1702011Assets 2012: $2,079,523Liabilities 2012: $57,517Net Assets 2012: $2,022,0062012Assets 2013: $1,898,419Liabilities 2013: $53,649Net Assets 2013: $1,844,7702013Assets 2014: $2,166,950Liabilities 2014: $39,556Net Assets 2014: $2,127,3942014Assets 2015: $1,921,182Liabilities 2015: $50,511Net Assets 2015: $1,870,6712015Assets 2016: $1,735,007Liabilities 2016: $59,899Net Assets 2016: $1,675,1082016Assets 2017: $1,645,215Liabilities 2017: $75,759Net Assets 2017: $1,569,4562017Assets 2018: $1,677,114Liabilities 2018: $92,279Net Assets 2018: $1,584,8352018Assets 2019: $1,634,828Liabilities 2019: $163,018Net Assets 2019: $1,471,8102019Assets 2020: $1,593,585Liabilities 2020: $242,245Net Assets 2020: $1,351,3402020Assets 2021: $899,314Liabilities 2021: $195,011Net Assets 2021: $704,3032021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2021

Assets$899,314
Liabilities$195,011
Net Assets$704,303

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,738,196Expenses 2011: $1,963,267Net Income 2011: -$225,0712011Revenue 2012: $1,646,130Expenses 2012: $1,823,294Net Income 2012: -$177,1642012Revenue 2013: $1,377,210Expenses 2013: $1,554,448Net Income 2013: -$177,2382013Revenue 2014: $1,671,930Expenses 2014: $1,389,306Net Income 2014: $282,6242014Revenue 2015: $1,050,697Expenses 2015: $1,307,420Net Income 2015: -$256,7232015Revenue 2016: $528,219Expenses 2016: $723,781Net Income 2016: -$195,5622016Revenue 2017: $1,090,864Expenses 2017: $1,196,516Net Income 2017: -$105,6522017Revenue 2018: $1,105,230Expenses 2018: $1,089,851Net Income 2018: $15,3792018Revenue 2019: $1,070,349Expenses 2019: $1,183,374Net Income 2019: -$113,0252019Revenue 2020: $934,166Expenses 2020: $1,054,686Net Income 2020: -$120,5202020Revenue 2021: $962,744Expenses 2021: $1,001,168Net Income 2021: -$38,4242021Revenue 2022: $1,148,116Expenses 2022: $1,852,419Net Income 2022: -$704,3032022

Highlighted filing

2021

Revenue$962,744
Expenses$1,001,168
Net Income-$38,424
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 25, 2021
Return Version
2020v4.1
Gross Receipts
$962,744
Mission and Program Overview

Mission

Christian radio ministry through daily radio broadcasts, online streaming, conferences, and distribution of publications.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,250,000$611,660▼ $638,340
Savings and Temporary Cash Investments-$165,005-
Accounts Receivable$143,371$0▼ $143,371
Cash and Non-Interest-Bearing Accounts$126,018$66,285▼ $59,733
Land, Buildings, and Equipment, Net$33,570$36,649▲ $3,079
Inventories for Sale or Use$18,506$11,915▼ $6,591
Prepaid Expenses and Deferred Charges$11,370$7,800▼ $3,570
Total Assets$1,593,585$899,314▼ $694,271
Other Assets Total$10,750$0▼ $10,750
Liabilities
Accounts Payable and Accrued Expenses$154,035$195,011▲ $40,976
Unsecured Notes Loans Payable$88,210$0▼ $88,210
Total Liabilities$242,245$195,011▼ $47,234
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,351,340$704,303▼ $647,037
Total Net Assets Fund Balance$1,351,340$704,303▼ $647,037
Total Liabilities and Net Assets / Fund Balance$1,593,585$899,314▼ $694,271

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,028$78,318$96,346
Other Land Buildings$12,871$55,903$68,774
Land$5,750-$5,750
Other Securities$611,660--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert ChristopherPresident/CEOFT$67,728$67,728
Robert DavisVice PresidentPT$32,280$32,280

Board Members and Trustees

NameTitle
Paul McclainChairman
Scott BoeckleyVice-chairman
Andrew FarleyDirector
Aric HendricksDirector
Rod MacleodSecretary
Shannon StilwellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$991,284
Program Service Revenue
$0
Investment Income
$3
Other Revenue
$-28,543
All Other Contributions
$903,074
Change in Net Assets
$-38,424
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$555,481
Salaries, Compensation, and Employee Benefits$445,687
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$323,400--$323,400
Current Officers, Directors, Trustees, and Key Employees$100,008--$100,008
Office Expenses$50,660--$50,660
Occupancy$47,021--$47,021
Payroll Taxes$21,168--$21,168
Insurance$8,584--$8,584
Advertising$8,550--$8,550
All Other Expenses$7,960--$7,960
Other Expenses$7,762--$7,762
Depreciation Depletion$7,671--$7,671
Fees for Services Legal-$4,731-$4,731
Fees for Services Accounting$3,916--$3,916
Interest$2,428--$2,428
Pension Plan Contributions$1,111--$1,111
Information Technology$361--$361
Conferences and Meetings$265--$265
Travel$127--$127
Total Functional Expenses$996,437$4,731$0$1,001,168
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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 B, Line 11B

Form 990 is provided to the board for review prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The organization monitors and enforces compliance with the conflict of interest policy at board meetings.

Form 990, Part VI, Section B, Line 15

Officer compensation is determined through a review and approval by independent persons using comparable data with documentation of the decision.

Form 990, Part VI, Section C, Line 18

Form 1023 and form 990 are available upon request.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Basic Gospel Inc
EIN
75-1564364
Phone
2148904144
Address
751 HEBRON PARKWAY NO 310, LEWISVILLE, TX 75057

Signing Officer

Name
Robert Christopher
Title
President
Phone
2148904144
Signed
2021-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Christopher
Formed
1977
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
6
Employees
8
Volunteers
1

Preparer

Firm
Whitley Penn Llp
Address
640 TAYLOR STREET SUITE 2200, FT WORTH, TX 76102
Preparer
Emily Landry
Phone
8172599100
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0904811
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0953769
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0982942
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0949093
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04781899
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0-29725
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt027695
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0112419
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0116051
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0112963
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0339403
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0-29725
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027695
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0112419
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0116051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0112963
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0339403
IRS990ScheduleA/InvestmentIncomeCYPct00.06600
IRS990ScheduleA/InvestmentIncomePYPct00.09280
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01185
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01660
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0780
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0631
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03522
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07778
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93250
IRS990ScheduleA/PublicSupportPY509Pct00.90520
IRS990ScheduleA/PublicSupportTotal509Amt04795172
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt03381
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt05606
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt04286
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt013273
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0991284
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0904811
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0957150
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0988548
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0953379
IRS990ScheduleA/Total509Grp/TotalAmt04795172
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0962744
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0934166
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01070349
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01105230
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01069864
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05142353
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/BookValueAmt018028
IRS990ScheduleD/EquipmentGrp/DepreciationAmt078318
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt096346
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt05750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05750
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012871
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055903
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt068774
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0611660
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CONTI CITY NORTH, LLC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036649
IRS990ScheduleD/TotalBookValueSecuritiesAmt0611660
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICER COMPENSATION IS DETERMINED THROUGH A REVIEW AND APPROVAL BY INDEPENDENT PERSONS USING COMPARABLE DATA WITH DOCUMENTATION OF THE DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/StatesWhereCopyOfReturnIsFldCd1VA
IRS990/StatesWhereCopyOfReturnIsFldCd2WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01593585
IRS990/TotalAssetsEOYAmt0899314
IRS990/TotalAssetsGrp/BOYAmt01593585
IRS990/TotalAssetsGrp/EOYAmt0899314
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0991284
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04731
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0996437
IRS990/TotalFunctionalExpensesGrp/TotalAmt01001168
IRS990/TotalGrossUBIAmt0-29340
IRS990/TotalLiabilitiesBOYAmt0242245
IRS990/TotalLiabilitiesEOYAmt0195011
IRS990/TotalLiabilitiesGrp/BOYAmt0242245
IRS990/TotalLiabilitiesGrp/EOYAmt0195011
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01351340
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0704303
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0996437
IRS990/TotalReportableCompFromOrgAmt0100008
IRS990/TotalRevenueGrp/ExclusionAmt0-385
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01185
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0962744
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-29340
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01593585
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0899314
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0127
IRS990/TravelGrp/TotalAmt0127
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

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