Living Stream EIN 23-7031637

Living Stream

EIN  23-7031637 Religious organization Anaheim, CA Founded 1965
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/10/26 · see original filing: IRS
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Size
$10–100M
What they do
Spreads Christian messages through radio, publications, and training.
Leadership
Ron Kangas · Director · $126K
Money in and out
$20.1M revenue, $17.7M expenses
Bottom line
80% program efficiency

Spreads Christian messages through radio, publications, and training. For fiscal year 2024 it reported $20.1M in revenue, $17.7M in expenses, and $114.7M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$20.1M
Pt VIII · Ln 12
Total expenses
$17.7M
Pt IX · Ln 25
Net assets
$114.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.5M
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
21.8mo
months of highly liquid reserves at operating expense rate▲ +5% vs prior filing year
Surplus margin
+12%
revenue over expenses, this year▼ -38% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$20.1M
FY2024▼ -5%
Expenses
$17.7M
FY2024▲ +5%
Total assets
$116.2M
FY2024▲ +2%
Total liabilities
$1.5M
FY2024▼ -29%
Total revenue
$20.1M
Pt VIII · Ln 12
Total expenses
$17.7M
Pt IX · Ln 25
Net assets
$114.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.5M
Total assetsPt X · Ln 16$116.2M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $13.6M of program spending, described in the organization's own filed words · FY2024.
01

Conducted 11 religious trainings, including conferences, full time programs and online classes.

$7.1Mprogram expense
02

Living stream ministry provides video, audio, electronic and printed religious materials, translated into multiple languages, which it distributes through our LSM bookstore, churches, bookstores and on the internet. Over 100,000 persons were assisted in 2024 through all program services.

$5.2Mprogram expense
03

Funded the translation and printing of our materials and distributed printed materials in countries that cannot afford to purchase or do not have sufficient markets to make them available to the public.

$1.3Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLiving Stream
EINHdr · item D23-7031637
Principal addressHdr · item CAnaheim, CA
WebsiteHdr · item Jwww.lsm.org
Year of formationHdr · item L1965
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X200)
Ruling yearIRS BMFAug 1969

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$126,149Pt VII · Sec A
Director
$124,593Pt VII · Sec A
$121,149Pt VII · Sec A
IT Infrastructure Engineer
$121,021Pt VII · Sec A
Research Writer
$119,417Pt VII · Sec A
Research Writer
$116,935Pt VII · Sec A
Asst. Facilities Manager
$116,453Pt VII · Sec A
Computer Programmer
$112,966Pt VII · Sec A

Ron Kangas’s $126K as Director is at the 18th percentile of top reported officer pay among 224 $10–100M 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ron Kangas$126,149$123,193$114,598$108,214$99,889
Timothy Graver$125,564$125,371
Ed Marks$124,593$123,088$114,599$108,293$100,072
Ilerioluw Oladele$121,149
Andrew Delos Reyes$121,021$109,777$102,963
Martin Fuller$119,417$107,464
Andrew Delos Reyes$117,512
Tony H Espinosa$116,935

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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Statement of Revenue

Part VIII
Other revenue$7.6M · 38%
Program service revenue$7.5M · 37%
Contributions & grants$3.8M · 19%
Investment income$1.2M · 6%
Other revenue38%$7.6M
Program service revenue37%$7.5M
Contributions & grants19%$3.8M
Investment income6%$1.2M
Total revenueLn 12$20.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$14.2M
Management & general20%$3.5M
Total functional expensesLn 25$17.7M

Balance Sheet

Part X · end of year
CashLn 1$18.2M
Total assetsLn 16$116.2M
Total liabilitiesLn 26$1.5M
Total net assetsLn 32$114.7M
Months of cash on handcomputed12.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31.7M · Operating expenses (Pt IX) $17.7M · Less non-cash grants $233K · Cash operating expenses/yr $17.4M
21.8 months
Where the money goes
Program services
Program services $14.2M · Total expenses $17.7M
80%
Management & General
Management & general $3.5M · Total expenses $17.7M
20%
Fundraising
Fundraising $0 · Total expenses $17.7M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $4.1M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3.8M · Total revenue $20.1M
19%
Government reliance
Government grants — · Total revenue $20.1M
Earned-income share
Program service revenue $7.5M · Total revenue $20.1M
37%
Investment reliance
Investment income $1.2M · Total revenue $20.1M
+6%
Program self-sufficiency
Program service revenue $7.5M · Total expenses $17.7M
43%
Growth & trend
Revenue growth (YoY)
This year $20.1M · Prior year $21.1M
-5%
Revenue CAGR
FY2020 $11.7M · FY2024 $20.1M
+14%
Net-asset trend (YoY)
End of year $114.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $20.1M · Expenses $17.7M
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $116.2M
Net-asset ratio
Net assets $114.7M · Total assets $116.2M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $13.5M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $116.2M
12%
People & payroll
Highest Reported Total Compensation
Individual Ron Kangas · Reported title Director · Highest reported compensation $126K · Total expenses $17.7M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $8.2M · Total expenses $17.7M
46%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Fundraising cost ratio 0%
Revenue growth -5%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$207K
See all 3 funders →
Grants paid · 27 grants · $3.1M · 2020–2024
Church in AnaheimCA · FY2024$245,893
Acaciawood SchoolCA · FY2024$33,100
The Church in HoustonTX · FY2024$15,000
Church in DallasTX · FY2024$7,000
Church in AnaheimCA · FY2023$296,544
Church in Yorba LindaCA · FY2023$50,000
Church in AnaheimCA · FY2022$1,546,935
Church in AnaheimCA · FY2022$82,420
Church in IrvingTX · FY2022$23,400
Church in Mission ViejoCA · FY2022$15,000
Church in Diamond BarCA · FY2022$12,700
Church in Odessa TxFY2022$6,000
The Church in BostonMA · FY2022$5,700
Church in Huntington BeachCA · FY2022$5,700
Church in AnaheimCA · FY2021$162,445
Church in AnaheimCA · FY2021$131,120
See all 27 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$20.1M revenue · viewing · ⤓ 990 PDF
FY2023$21.1M revenue · ⤓ 990 PDF
FY2022$16.5M revenue · ⤓ 990 PDF
FY2021$20.9M revenue · ⤓ 990 PDF
FY2020$11.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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