Media Dream FY2020 filing

Tax-deductible

Seal Beach, CA501(c)(3)ReligionEIN 20-1585986

Broadcasting christian tv channel to deliver the message of christ to the arabic speakers in north and south america.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$78K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $448K a year · 12% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$78K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $158K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 8 voting members
Looks good: 5 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.0M
Spent
$3.9M
To programs
96%
Net assets
$6.0M
By yearFY2020–FY2024
Revenue
$4.0M
FY2020
Revenue by fiscal year
FY2020$4.0M
FY2021$4.9M
FY2022$5.7M
FY2023$4.6M
FY2024$0
Expenses
$3.9M
FY2020
Expenses by fiscal year
FY2020$3.9M
FY2021$3.8M
FY2022$3.9M
FY2023$5.1M
FY2024$147K
Net assets
$6.0M
FY2020
Net assets by fiscal year
FY2020$6.0M
FY2021$7.1M
FY2022$8.9M
FY2023$8.6M
FY2024$8.4M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $3.7M Management & general 3% · $111K Fundraising 1% · $34K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990; $78K paid to officers and key staff.

Part VII, Section A · reportable compensation
Founder and President
$78,307Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Samuel Estefanos’s $106K as Founder and President is at the 99th percentile of top reported officer pay among 344 <$100K religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Samuel Estefanos$105,600$97,708$87,781$78,307

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Broadcasts Christian TV to Arabic speakers in the Americas.

Provided by the organization

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3 program services account for $3.7M of program spending, described in the organization's own filed words · FY2020.
01

To provide 24 hours a day chistian ministry through the use of TV channels and web sites.

$2.3Mprogram expense
02

To provide quality christian programs to meet the needs of the christian families.

$1.4Mprogram expense
03

To provide support and prayers for the christian community.

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$158K
See all 3 funders →
Grants paid · 5 grants · $2.3M · 2020–2023
Ngm NetworkMO · FY2023$1,414,277
Unitemized GrantFY2023$193,472
Unitemized GrantFY2022$221,470
Unitemized GrantFY2021$223,562
Unitemized GrantFY2020$263,894

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.0M
Ln 12
Gifts and grantsLn 1h$4.0M
Investment incomeLn 3$151
Money outPt IX
$3.9M
Ln 25
Programscol B$3.7M
Managementcol C$111K
Fundraisingcol D$34K
Owns and owesPt X
$6.0M
net assets · Ln 32
Cash and savingsLn 1–2$879K
Total assetsLn 16$7.4M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.0M
Noncash giftsLn 1g$14K
Investment incomeLn 3$151
Total revenueLn 12$4.0M
Assets in detailPt X, end of year
CashLn 1$879K
Cash and savings togetherLn 1–2$879K
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$4.8M
Other assetsLn 15$82K
Total assetsLn 16$7.4M
LiabilitiesLn 26$1.4M
Net assetsLn 32$6.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.1M$879K
InvestmentsLn 11–13$807K$1.5M
Land, buildings, equipmentLn 10c$5.0M$4.8M
Total assetsLn 16$7.1M$7.4M
LiabilitiesLn 26$1.2M$1.4M
Net assetsLn 32$5.9M$6.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$264K$264K
Pay of current officers, directors and key staffLn 5$78K$78K
Other salaries and wagesLn 7$1.5M$1.5M$20K$20K
Other employee benefitsLn 9$91K$77K$9K$5K
Payroll taxesLn 10$117K$100K$12K$6K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$51K$51K
Other fees for servicesLn 11g$4K$4K$310
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$110K$107K$3K
OccupancyLn 16$7K$7K
TravelLn 17$31K$28K$3K
InterestLn 20$37K$35K$1K
Depreciation, depletion and amortizationLn 22$210K$203K$6K
InsuranceLn 23$236K$236K
Other expenses (24a–d)Ln 24$1.1M$1.1M$6K
All other expensesLn 24e$52K$52K$61
Total functional expensesLn 25$3.9M$3.7M$111K$34K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0$147K−$147K$8.4M 990 PDF
FY2023 $4.6M$5.1M−$564K$8.6M 990 PDF
FY2022 $5.7M$3.9M$1.8M$8.9M 990 PDF
FY2021 $4.9M$3.8M$1.1M$7.1M 990 PDF
FY2020 Viewing $4.0M$3.9M$97K$6.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $3,975,647 across 5 lines filed
VIII-1f All other contributions, gifts and grants$3,975,496
VIII-1g Noncash contributions (included above)$13,593
VIII-1h Total contributions, gifts and grants$3,975,496
VIII-3 Investment incomeUnrelated business $151$151
VIII-12 Total revenueRelated to mission $0 · Unrelated business $151 · Excluded from tax $0$3,975,647
Part IX · Statement of functional expenses $3,878,170 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $263,894$263,894
IX-5 Pay of current officers, directors and key staffPrograms $78,307$78,307
IX-7 Other salaries and wagesPrograms $1,465,227 · Management $19,789 · Fundraising $19,789$1,504,805
IX-9 Other employee benefitsPrograms $77,006 · Management $9,059 · Fundraising $4,530$90,595
IX-10 Payroll taxesPrograms $99,528 · Management $11,709 · Fundraising $5,855$117,092
IX-11b Legal feesManagement $3,120$3,120
IX-11c Accounting feesManagement $50,838$50,838
IX-11g Other fees for servicesPrograms $3,621 · Fundraising $310$3,931
IX-12 Advertising and promotionPrograms $1,617$1,617
IX-13 Office expensesPrograms $107,121 · Management $3,313$110,434
IX-16 OccupancyPrograms $7,215$7,215
IX-17 TravelPrograms $27,517 · Fundraising $3,057$30,574
IX-20 InterestPrograms $35,421 · Management $1,096$36,517
IX-22 Depreciation, depletion and amortizationPrograms $203,346 · Management $6,289$209,635
IX-23 InsurancePrograms $235,626$235,626
IX-24 Other expenses (24a–d)Programs $1,076,613 · Management $5,718$1,082,331
IX-24e All other expensesPrograms $51,578 · Management $61$51,639
IX-25 Total functional expensesPrograms $3,733,637 · Management $110,992 · Fundraising $33,541$3,878,170
Part X · Balance sheet $7,411,211 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,116,752$878,683
X-4 Accounts receivableStart of year $90,477$125,133
X-9 Prepaid expenses and deferred chargesStart of year $6,875$40,875
X-10c Land, buildings and equipment, netStart of year $4,957,755$4,781,069
X-11 Publicly traded securities$600,691
X-12 Other securitiesStart of year $807,173$903,260
X-15 Other assetsStart of year $81,500$81,500
X-16 Total assetsStart of year $7,060,532$7,411,211
X-17 Accounts payable and accrued expensesStart of year $98,737$101,502
X-25 Other liabilitiesStart of year $318,279$700,255
X-26 Total liabilitiesStart of year $1,154,837$1,408,039
X-27 Net assets without donor restrictionsStart of year $5,905,695$6,003,172
X-32 Total net assets or fund balancesStart of year $5,905,695$6,003,172
X-33 Total liabilities and net assetsStart of year $7,060,532$7,411,211
Part XI · Reconciliation of net assets $6,003,172 net assets at year end
XI-1 Total revenue$3,975,647
XI-2 Total expenses$3,878,170
XI-3 Revenue less expenses$97,477
XI-4 Net assets at start of year$5,905,695
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,003,172

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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