2025-07-23T08:42:08-05:00 2024-12-31 752147296 GOLLOB MORGAN PEDDY PC 1001 ESE LOOP 323 STE 300 TYLER TX 75701 990 2024-01-01 751746274 EDUCATIONAL RADIO FOUNDATION OF EAST TEXAS EDUC 9035086888 P O BOX 8525 TYLER TX 75711 TROY KRIECHBAUM PRESIDENT & CEO 9035086688 2025-07-20 1 0 KEVIN CASHION P00246409 9035340088 2025-07-20 2024 2025-03-06 01:10:19Z TROY KRIECHBAUM PO BOX 8525 TYLER TX 75711 5903750 0 X WWW.KVNE.COM X 1981 TX EDUCATIONAL BROADCASTING 13 13 33 30 23125 22125 4812606 5516065 0 0 5457 901 236917 69301 5054980 5586267 0 0 0 0 2246460 2585967 0 0 430760 2046995 2601253 4293455 5187220 761525 399047 17085239 20106083 2017177 4186650 15068062 15919433 EDUCATIONAL BROADCASTING 0 0 3275817 WE BROADCAST THE GOOD NEWS OF JESUS CHRIST VIA BROADCAST FREQUENCIES AND DIGITAL MEDIA THROUGH SEVERAL MUSIC PROGRAMMING FORMATS FEATURING CHRISTIAN MUSIC AND BIBLE TEACHING DESIGNED TO INSPIRE, EDUCATE AND ENCOURAGE. KVNE BROADCASTS CONTEMPORARY CHRISTIAN MUSIC, LIFT WORSHIP INVITES PEOPLE TO WORSHIP THE LORD THROUGH PRAISE MUSIC AND FUZION BROADCASTS CHRISTIAN MUSIC IN SPANISH, BRINGING HOPE AND ENCOURAGEMENT TO HISPANICS ACROSS EAST TEXAS AND AROUND THE WORLD. ON-AIR RADIO STATIONS SERVE APPROXIMATELY 225,000 PEOPLE IN EAST TEXAS, NEW MEXICO AND NORTHWEST LOUISIANA AND OVER 570,000 UNIQUE STREAMERS. ADDITIONALLY, INVOLVED IN COMMUNITIES SERVED THROUGH VARIOUS LOCAL MINISTRIES WITH SHOE DRIVES, DIAPER DRIVES AND ASSISTING LOCAL FAMILIES DURING OUR CHRISTMAS ENCOURAGMENT PROGRAM. 3275817 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 60 0 1 33 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X HAROLD RODNEY SKYLES 9035086888 7695 OLD JACKSONVILLE HWY TYLER TX 75703 LYNDA EVANS DIRECTOR 1.00 X 0 0 0 JIM GOMILLION DIRECTOR 1.00 X 0 0 0 DONNA PILGRIM DIRECTOR 1.00 X 0 0 0 BETH PURL CHAIR - MINISTRY & DEVELOP 1.00 X X 0 0 0 JET SCHULER CHAIR - GOVERNANCE 1.00 X X 0 0 0 CRIS BERLINGERI DIRECTOR 1.00 X 0 0 0 ANN HALL VICE CHAIR-BUS & OPER 1.00 X X 0 0 0 PAUL MCKENZIE DIRECTOR 1.00 X 0 0 0 STEVEN CAMPBELL DIRECTOR 1.00 X 0 0 0 STEVE CORDON DIRECTOR 1.00 X 0 0 0 LUIS RIVERA DIRECTOR 1.00 X 0 0 0 ANDY STINSON DIRECTOR 1.00 X 0 0 0 KEN LACKNER DIRECTOR 1.00 X 0 0 0 TROY KRIECHBAUM PRESIDENT/CEO 40.00 X 180312 0 42958 HAROLD R SKYLES KEY EMPLOYEE 40.00 X 124292 0 31726 BENJAMIN STANLEY KEY EMPLOYEE 40.00 X 120518 0 19323 MICHAEL HARPER KEY EMPLOYEE 40.00 X 109706 0 13372 534828 0 107379 4 0 1 0 0 5516065 505000 5516065 901 901 60573 37448 23125 23125 23125 311211 280035 31176 31176 INSURANCE PROCEEDS 524290 15000 15000 15000 5586267 15000 23125 32077 534828 109706 425122 1342164 992849 121909 227406 119910 70436 41896 7578 451949 265477 157909 28563 137116 80541 47908 8667 34367 34367 30674 30674 70049 70049 293186 293186 96989 96989 150516 16582 133934 393875 330101 63774 44500 44500 572039 488061 83978 114286 113634 551 101 REPAIRS & MAINTENANCE 226137 204644 21493 PROGRAM 175350 175350 DONOR DEVELOPMENT 156565 156565 CONTINUING EDUCATION 71174 35587 35587 171546 99663 70003 1880 5187220 3275817 1480643 430760 2435317 1671792 55167 248108 22584 362524 12744322 3676505 8552701 9067817 4563294 6743593 1456176 2012249 17085239 20106083 19954 60396 1997223 4126254 2017177 4186650 X 15057562 15185682 10500 733751 15068062 15919433 17085239 20106083 X 399047 62732 389592 X 0 1 X 1 0 X 4912548 5074614 3892647 4812606 5516065 24208480 4912548 5074614 3892647 4812606 5516065 24208480 24208480 -42047 1674 16832 5457 901 -17183 11000 78730 41798 99828 75573 306929 24498226 0.98820 0.98950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 11,000. 2021 AMOUNT: $ 78,730. 2022 AMOUNT: $ 26,878. 2023 AMOUNT: $ 99,828. 2024 AMOUNT: $ 75,573. GAIN ON DISPOSAL OF ASSETS - 2022 AMOUNT: $ 14,920. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1094600 1094600 4843520 844813 3998707 6530607 2597318 3933289 275595 234374 41221 9067817 TOWER RENT RECEIVABLE 38829 OTHER ASSETS 4165 RIGHT OF USE ASSET 1969255 2012249 CREDIT CARDS PAYABLE 12234 LEASE LIABILITY - SHORT TERM 140339 LEASE LIABILITY - LONG TERM 1957014 LONG TERM DEBT 1983334 CURRENT PORTION OF LONG TERM DEBT 33333 4126254 X 6356074 62732 707075 769807 5586267 0 5586267 5504703 317483 317483 5187220 0 5187220 PART X, LINE 2: THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS USING THE PROVISIONS OF ASC 450, ACCOUNTING FOR CONTINGENCIES. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. THERE WAS NO LOSS CONTINGENCY AS OF DECEMBER 31, 2024 OR 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: FAIR VALUE OF BROADCAST LICENSES CONCERT EXPENSES 990-T EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCERT EXPENSES 990-T EXPENSES PART X - FASB ASC 740 FOOTNOTE THE ORGANIZATION ADOPTED THE PROVISIONS OF ASC 740-10-25, INCOME TAXES, WHICH STATES THAT THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION SHOULD BE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF THE DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS AND DID NOT ANTICIPATE A SIGNIFICANT INCREASE OR DECREASE IN UNRECOGNIZED TAX BENEFITS DURING THE SUBSEQUENT 12 MONTHS. CONCERTS 311211 311211 48621 13766 182941 34707 311211 311211 48621 13766 182941 34707 280035 31176 X X X 0 0 0 0 0 0 0 0 0 TROY KRIECHBAUM PRESIDENT/CEO 180312 0 0 0 0 0 11080 0 31878 0 223270 0 0 0 HAROLD R SKYLES KEY EMPLOYEE 124292 0 0 0 0 0 8253 0 23473 0 156018 0 0 0 X TOWER EQUIPMENT 1 500500 ESTIMATE OF VALUE X TOWER LAND 1 4500 ESTIMATE OF VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A COPY OF FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. ALL OFFICERS, KEY EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH THE ORGANIZATION. SHOULD ANY TRANSACTION ARISE THAT MAY CREATE A CONFLICT, THE TRANSACTION IS REVIEWED AND APPROPRIATE MEASURES ARE TAKEN. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF BROADCAST LICENSES 389,592.