Civic Intelligence

Memphis Educational Television Inc.

990EZ • Fiscal year 2020 • EIN 84-5091842

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

PO Box 1010Marion, IL 62959

(618) 997-9333

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

24.86x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

Net Margin

28th percentile

-11%

Higher net margin than 28% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

Flat

$404,540

Flat from 2020

Net Assets

-$1,755

No earlier filing loaded for comparison.

Liabilities

Flat

$406,295

Flat from 2020

Revenue

Flat

$16,345

Flat from 2020

Expenses

Flat

$18,100

Flat from 2020

Net Income

Flat

-$1,755

Flat from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2020: $404,540Liabilities 2020: $406,295Net Assets 2020: -$1,7552020Assets 2020: $404,540Liabilities 2020: $406,2952020Assets 2021: $671,902Liabilities 2021: $433,567Net Assets 2021: $238,3352021Assets 2022: $916,534Liabilities 2022: $463,743Net Assets 2022: $452,7912022Assets 2023: $1,095,554Liabilities 2023: $497,209Net Assets 2023: $598,3452023Assets 2024: $1,332,839Liabilities 2024: $548,493Net Assets 2024: $784,3462024

Highlighted filing

2020

Assets$404,540
Liabilities$406,295
Net Assets-$1,755

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2020: $16,345Expenses 2020: $18,100Net Income 2020: -$1,7552020Revenue 2020: $16,345Expenses 2020: $18,100Net Income 2020: -$1,7552020Revenue 2021: $339,388Expenses 2021: $99,298Net Income 2021: $240,0902021Revenue 2022: $311,252Expenses 2022: $96,796Net Income 2022: $214,4562022Revenue 2023: $244,240Expenses 2023: $98,686Net Income 2023: $145,5542023Revenue 2024: $284,807Expenses 2024: $98,806Net Income 2024: $186,0012024

Highlighted filing

2020

Revenue$16,345
Expenses$18,100
Net Income-$1,755
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$19,470
Mission and Program Overview

Mission

RELIGIOUS BROADCASTING

Program Services

DescriptionGrantsExpenses
THE LIVES OF MILLIONS OF PEOPLE HAVE BEEN TOUCHED BY THE BROADCAST OF THE GOSPEL MESSAGE. PEOPLE HAVE BEEN SAVED, HEALED, AND MINISTERED TO IN COUNTLESS WAYS THROUGH THIS TELEVISION NETWORK.$0$21,225
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRANDON PORTERDirector-$0--
SHANE STANFORDDirector-$0--
JOHN DEBERRYDirector-$0--
GEORGE FLINN JRDirector-$0--
JULIE A NOLANPresident-$0--
SHANE A CHANEYTreasurer-$0--
THOMAS C NOLAN IVSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Memphis Educational Televison Inc
EIN
84-5091842
Phone
6189979333
Address
PO BOX 1010, MARION, IL 62959

Signing Officer

Name
Garth W Coonce
Title
President
Phone
6189979333
Signed
2021-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Kerber Eck & Braeckel Llp
Address
3401 OFFICE PARK DRIVE, MARION, IL 62959
Preparer
Mark Dallas
Phone
6189938724
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 27.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 0. Returns and allowances: 0. Less cost of goods sold: 3,125. Gross profit: -3,125. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 0. Other costs: 3,125. Inventory at end of year: 0. Cost of goods sold: 3,125.

Form 990-ez, Part I, Line 7B - Other Costs

Description: depreciation. Amount: 3,125.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: information technology. Amount: 693. Description: interest expense. Amount: 8,275. Description: monthly gifts. Amount: 574. Description: music license fees. Amount: 107. Description: bank charges. Amount: 51. Description: travel. Amount: 1,053. Total to form 990-ez, line 16: 10,753.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 16,613. Description: broadcast licenses. Beg. Of year amount: 0. End of year amount: 371,875.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 3,020. Description: intercompany payables. Beg. Of year amount: 0. End of year amount: 403,275.

Raw XML Appendix174 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum06189979333
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARION
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd062959
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/OccupancyRentUtltsAndMaintAmt01255
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRANDON PORTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHANE STANFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN DEBERRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GEORGE FLINN JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JULIE A NOLAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SHANE A CHANEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6THOMAS C NOLAN IV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0388488
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt010753
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/PrintingPublicationsPostageAmt040
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt027
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03175
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03175
IRS990ScheduleA/TotalSupportAmt03202
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 27.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 0. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 3,125. GROSS PROFIT: -3,125. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 3,125. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 3,125.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 3,125.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 693. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 8,275. DESCRIPTION: MONTHLY GIFTS. AMOUNT: 574. DESCRIPTION: MUSIC LICENSE FEES. AMOUNT: 107. DESCRIPTION: BANK CHARGES. AMOUNT: 51. DESCRIPTION: TRAVEL. AMOUNT: 1,053. TOTAL TO FORM 990-EZ, LINE 16: 10,753.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 16,613. DESCRIPTION: BROADCAST LICENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 371,875.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,020. DESCRIPTION: INTERCOMPANY PAYABLES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 403,275.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 7B - OTHER COSTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GARTH W COONCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06189979333
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEMPHIS EDUCATIONAL TELEVISON INC
ReturnHeader/Filer/BusinessNameControlTxt0MEMP
ReturnHeader/Filer/EIN0845091842
ReturnHeader/Filer/PhoneNum06189979333
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1010
ReturnHeader/Filer/USAddress/CityNm0MARION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062959
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0430352985
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KERBER ECK & BRAECKEL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03401 OFFICE PARK DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062959
ReturnHeader/PreparerPersonGrp/PhoneNum06189938724
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK DALLAS
ReturnHeader/ReturnTs02021-11-15T07:58:07-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GARTH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COONCE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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