2024-10-23T11:06:51-05:00 2023-12-31 264022510 HARRIS & CO PLLC 161 5TH AVE S SUITE 200 TWIN FALLS ID 83301 990 2023-01-01 651176946 EDGEWATER BROADCASTING INC EDGE 2084201922 PO BOX J TWIN FALLS ID 83303 JOHN DEVINE PRESIDENT 2084201922 2024-09-30 1 1 BRYCE MORRISON P02154746 2087348932 2024-09-30 2023 2024-10-15 13:58:12Z JOHN DEVINE PO BOX J TWIN FALLS ID 83303 11386 0 X N/A X 2004 ID THE ORGANIZATION PROVIDED CHRISTIAN RADIO TALK AND MUSIC UNDER THE BRANDED RADIO NETWORK OF FREEDOM RADIO FM THROUGH NOVEMBER 2019. BEGINNING IN 2019, THE ORGANIZATION BEGAN A PROCESS OF DISTRIBUTING ITS ASSETS TO ANOTHER 501(C)(3) NONPROFIT ORGANIZATION, RADIO BY GRACE, INC. PURSUANT TO A DONATION AGREEMENT THAT WAS EXECUTED IN 2018 AND THEN LATER AMENDED IN 2019, 2020 AND 2021. THE ORGANIZATION CEASED ITS PROGRAMS AND OPERATIONS DURING 2020 AND WAS IN THE PROCESS OF LIQUIDATING ITS ASSETS TO CONTRIBUTE TO RADIO BY GRACE, INC. WHICH WAS IN ACCORDANCE WITH ITS BYLAWS AND MISSION PURPOSE. 3 3 0 3 0 0 0 0 12325 11386 241500 0 295710 0 549535 11386 772401 0 0 0 0 0 0 0 0 27084 10228 799485 10228 -249950 1158 172161 165800 11233 3715 160928 162085 TO LIQUIDATE ITS ASSETS AND SEND TO ITS BENEFACTOR, RADIO BY GRACE, INC. THE CONTRIBUTION WAS UNDER THE DONATION AGREEMENT EXECUTED IN 2018, WHICH WAS IN ACCORDANCE WITH ITS BYLAWS AND MISSION PURPOSE. 0 0 5240 0 11386 THE ORGANIZATION PROVIDED CHRISTIAN RADIO TALK AND MUSIC UNDER THE BRANDED RADIO NETWORK OF FREEDOM RADIO FM THROUGH NOVEMBER 2019. BEGINNING IN 2019, THE ORGANIZATION BEGAN A PROCESS OF DISTRIBUTING ITS ASSETS TO ANOTHER 501(C)(3) NONPROFIT ORGANIZATION, RADIO BY GRACE, INC. PURSUANT TO A DONATION AGREEMENT THAT WAS EXECUTED IN 2018 AND THEN LATER AMENDED IN 2019, 2020, 2021 AND 2022. THE ORGANIZATION CEASED ITS PROGRAMS AND OPERATIONS DURING 2020 AND WAS IN THE PROCESS OF LIQUIDATING ITS ASSETS TO CONTRIBUTE TO RADIO BY GRACE, INC. WHICH WAS IN ACCORDANCE WITH ITS BYLAWS AND MISSION PURPOSE. 5240 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X X JOHN DEVINE 2084201922 PO BOX J TWIN FALLS ID 83303 X JOHN DEVINE PRESIDENT 1.00 X X 0 0 0 TOM SCHERLEN DIRECTOR 1.00 X 0 0 0 CLARK PARRISH DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RECOVERY OF BAD DEBTS 516100 11386 11386 11386 11386 11386 0 0 7242 3621 3621 2025 1013 1012 166 83 83 250 250 BANK FEES 545 273 272 10228 5240 4988 0 94383 32092 77778 70708 0 63000 172161 165800 11233 3715 11233 3715 X 160928 162085 160928 162085 172161 165800 1158 0 X 0 0 0 X 9450 9450 1195099 310137 414320 253875 11386 2184817 1204549 310137 414320 253875 11386 2194267 0 0 0 2194267 60761 -12833 295660 343588 60761 -12833 295660 343588 130 50 180 1265310 297304 414450 549585 11386 2538035 0.86460 0.90350 0.13540 0.09650 X 0 TITLEFACT ESCROW 63000 63000 FORM 990, PART VI, SECTION B, LINE 11B A PDF COPY OF THE DRAFT RETURN IS CIRCULATED TO THE BOARD MEMBERS FOR COMMENT AND CORRECTIONS. CHANGES ARE COMMUNICATED TO THE RETURN PREPARER FOR UPDATING AND A NEW PDF COPY IS CIRCULATED FOR APPROVAL. WHEN THE BOARD IS SATISFIED, THE PRESIDENT SIGNS THE EFILING AUTHORIZATION AND THE RETURN IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C ANY POTENTIAL CONFLICT OF INTEREST ITEMS ARE INCLUDED AS AN AGENDA ITEM OF EVERY BOARD MEETING AND THE RESULTS OF THE BOARD REVIEW ARE DOCUMENTED IN THE MEETING MINUTES. ADDITIONALLY, EACH BOARD MEMBER ANNUALLY AFFIRMS IN WRITING THEIR UNDERSTANDING OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF EXECUTIVES AND TOP MANAGEMENT IS PERIODICALLY REVIEWED AND DETERMINED BY A VOTE OF THE BOARD. THE DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. RADIO BY GRACE INC 4111 PLAINS BLVD AMARILLO TX 79106 831745469 RELIGIOUS PROGRAMING TX 501(C)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0