Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 75-2853388 • 501(c)3 • Southlake, TX
Profile
World news ministry radio and tv interviews on world news from a biblical perspective. Write a weekly news report on world news from a biblical perspective
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 27.3% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Assets
Down$9,690
Down $132,187 (-93%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Down$9,690
Down $132,187 (-93%) from 2023
Revenue
Up$161,390
Up $89,893 (+126%) from 2023
Expenses
Up$293,577
Up $152,681 (+108%) from 2023
Net Income
Down-$132,187
Down $62,788 (-90%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
WORLD NEWS MINISTRY
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $138,523 | $6,403 | ▼ $132,120 |
| Land, Buildings, and Equipment, Net | $2,740 | $2,673 | ▼ $67 |
| Inventories for Sale or Use | $614 | $614 | → $0 |
| Total Assets | $141,877 | $9,690 | ▼ $132,187 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $141,877 | $9,690 | ▼ $132,187 |
| Total Net Assets Fund Balance | $141,877 | $9,690 | ▼ $132,187 |
| Total Liabilities and Net Assets / Fund Balance | $141,877 | $9,690 | ▼ $132,187 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $2,673 | $23,157 | $25,830 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| William Koenig | President | PT | $43,987 | $43,987 |
| Name | Title |
|---|---|
| Lance Peterson | Assistant to President |
| Tania Curado Koenig | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $174,270 |
| Salaries, Compensation, and Employee Benefits | $85,557 |
| Grants and Similar Amounts Paid | $33,750 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Travel | $82,855 | - | - | $82,855 |
| Current Officers, Directors, Trustees, and Key Employees | $43,987 | - | - | $43,987 |
| Other Salaries and Wages | $41,570 | - | - | $41,570 |
| Foreign Grants | $29,000 | - | - | $29,000 |
| Occupancy | $23,615 | - | - | $23,615 |
| Conferences and Meetings | $19,700 | - | - | $19,700 |
| All Other Expenses | $8,915 | $651 | - | $9,566 |
| Information Technology | $6,955 | - | - | $6,955 |
| Grants to Domestic Individuals | $4,750 | - | - | $4,750 |
| Other Expenses | $4,146 | - | - | $4,146 |
| Depreciation Depletion | $3,067 | - | - | $3,067 |
| Fees for Services Accounting | - | $1,985 | - | $1,985 |
| Payments to Affiliates | $530 | - | - | $530 |
| Office Expenses | - | $443 | - | $443 |
| Total Functional Expenses | $290,498 | $3,079 | $0 | $293,577 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“About him do not contemporaneously document the meetings held. The business of the ministry is very straight forward and changes vary very little from year to year.”
“About him does not have committees.”
“No review will be conducted.”
“UPON REQUEST”
“The organization only makes its governing documents and financial statements available to the public upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 9566 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | DALLAS |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3067 |
| IRS990/Desc | 0 | DOCUMENTING REFERENCES TO THE WORD OF GOD. TO RECOGNIZE AND UNDERSTAND THE BIBLICAL SIGNIFICANCE OF THE TIMES WE LIVE IN BY PROVIDING READERS WITH YEAR ROUND LITERATURE AND NEWS SERVICE.ABOUT HIM MAKE PAYMENTS INDIVIDUALS WHO ARE PASTORS OR MISSIONARIES IN THE UNITED STATES AND IN FOREIGN COUNTIRES. |
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| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 29000 |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
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| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
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| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 6955 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 6955 |
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| IRS990/MissionDesc | 0 | RADIO AND TV INTERVIEWS ON WORLD NEWS FROM A BIBLICAL PERSPECTIVE. WRITE A WEEKLY NEWS REPORT ON WORLD NEWS FROM A BIBLICAL PERSPECTIVE AND EVANGELIZE. |
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| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 0 | EUROPE |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 1 | MIDDLE EAST |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 2 | SOUTH AMERICA |
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| IRS990ScheduleF/SubtotalSpentAmt | 0 | 0 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | MONTHLY PAYMENTENTS WERE MADE TO SERGIO RAMIREZ AND MIRIAM RAMIREZ WHO ARE HUSBAND AND WIFE. SERGIO RAMIREZ IS FROM GUATEMALA AND MIRIAM RAMIREZ IS FROM MEXICO. THEY WENT TO FALLS SEMINARY YEARS AGO AND HAVE BEEN MISSIONARIES IN SPAIN FOR MANY YEARS. |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 1 | PAYMENTS WERE MADE TO ALBERT VEKSLER WHO IS A PASTOR IN JERUSALEM, ISRAEL. |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 2 | PAYMENTS WERE MADE TO MARIA LENINHA SANTOS WHO IS A PASTOR IS SAO PAULO, BRAZIL. |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 SCHEDULE F, PART III (C) |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990 SCHEDULE F, PART III (C) |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990 SCHEDULE F, PART III (C) |
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| IRS990ScheduleF/TotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/TotalSpentAmt | 0 | 0 |
| IRS990ScheduleF/TransferToForeignCorpInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ABOUT HIM DO NOT CONTEMPORANEOUSLY DOCUMENT THE MEETINGS HELD. THE BUSINESS OF THE MINISTRY IS VERY STRAIGHT FORWARD AND CHANGES VARY VERY LITTLE FROM YEAR TO YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ABOUT HIM DOES NOT HAVE COMMITTEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO REVIEW WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION ONLY MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 812885492 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | NEWS FROM A BIBICAL PERSPECTIVE |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | SOUTHLAKE |
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| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 9690 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 141877 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 9690 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 161375 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 3079 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 290498 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 293577 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 141877 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 9690 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 290498 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 43987 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 15 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 161390 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 141877 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 9690 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 82855 |
| IRS990/TravelGrp/TotalAmt | 0 | 82855 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 8512 PRESTON ROAD 429 |
| IRS990/USAddress/CityNm | 0 | DALLAS |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 75225 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | HTTP://WATCH.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILLIAM KOENIG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2027657111 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ABOUT HIM |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ABOU |
| ReturnHeader/Filer/EIN | 0 | 752853388 |
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