Believers Voice Network FY2023 filing

Tax-deductible

Marion, IL501(c)(3)ReligionEIN 37-1253246Revenue $241K in FY2023

On file with the IRSwbvn.orgPo Box 1126, 62959-7626 · Marion, ILTax-exempt since Apr 1991Publicly supported charity — 170(b)(1)(A)(vi)

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Radio and internet broadcast of religious programming and support and promotion of live local faith based concerts and events.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$39K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $28K a year · 10% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$39K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$46K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 4 voting members
Fine: 2 of 4 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$241K
-7% vs prior year
Spent
$254K
To programs
86%
Net assets
$284K
By yearFY2021–FY2025
Revenue
$241K
FY2023▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2021$244K
FY2022$259K
FY2023$241K
FY2024$289K
FY2025$349K
Expenses
$254K
FY2023▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2021$197K
FY2022$243K
FY2023$254K
FY2024$254K
FY2025$296K
Net assets
$284K
FY2023▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2021$281K
FY2022$297K
FY2023$284K
FY2024$319K
FY2025$372K

From the FY2023 Form 990 (year ending May 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1991.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $219K Management & general 8% · $19K Fundraising 6% · $16K

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

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Who runs it and what they're paid

5 people listed on the 990; $39K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$39,220Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
—
$0Pt VII · Sec A

Kenneth Anderson’s $38K as President is at the 39th percentile of top reported officer pay among 2132 $100K–1M 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

NameFY2025FY2024FY2023FY2022FY2021
Kenneth Anderson$38,480$38,480$39,220$40,480$41,080

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 15aNo

Programs and updates

Broadcasts religious programs and promotes local faith-based concerts and events.

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Provided by the organization

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2 programs · $219K · in their own filed words · FY2022
01

Operate christian radio station to provide the general public with free religious programming that informs, educates, and entertains

$162Kprogram expense
02

Ministry through sponsoring christian concerts

$57Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$241K
Ln 12
Gifts and grantsLn 1h$185K
Fees for servicesLn 2g$54K
Other incomeLn 4–11$1K
Money outPt IX
$254K
Ln 25
Programscol B$219K
Managementcol C$19K
Fundraisingcol D$16K
Owns and owesPt X
$284K
net assets · Ln 32
Cash and savingsLn 1–2$191K
Total assetsLn 16$330K
LiabilitiesLn 26$46K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$185K
Fees for servicesLn 2g$54K
Investment incomeLn 3$493
Other incomeLn 4–11$1K
Gains on assetsLn 7$0
Total revenueLn 12$241K
Assets in detailPt X, end of year
CashLn 1$110K
SavingsLn 2$81K
Cash and savings togetherLn 1–2$191K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$97K
Other assetsLn 15$42K
Total assetsLn 16$330K
LiabilitiesLn 26$46K
Net assetsLn 32$284K
OperationsPt I, VI
EmployeesI 510
VolunteersI 625
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$200K$191K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$99K$97K
Total assetsLn 16$341K$330K
LiabilitiesLn 26$43K$46K
Net assetsLn 32$297K$284K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$39K$21K$14K$5K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$62K$62K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$1K$604$483$121
Payroll taxesLn 10$8K$7K$1K$411
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$24K$24K
Advertising and promotionLn 12$11K$5K$5K
Office expensesLn 13$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$5K$5K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$6K$6K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$79K$72K$1K$5K
All other expensesLn 24e$12K$11K$530
Total functional expensesLn 25$254K$219K$19K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $349K$296K$52K$372K 990 PDF
FY2024 $289K$254K$35K$319K 990 PDF
FY2023 Viewing $241K$254K−$13K$284K 990 PDF
FY2022 $259K$243K$16K$297K 990 PDF
FY2021 $244K$197K$48K$281K 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 FY2023 990 (6 parts)
Part I · Summary $241,150 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $204,045$185,253
I-9 Program service revenuePrior year $53,982$54,377
I-10 Investment incomePrior year $463$493
I-11 Other revenuePrior year $153$1,027
I-12 Total revenuePrior year $258,643$241,150
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $108,056$110,581
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $134,629$143,567
I-18 Total expensesPrior year $242,685$254,148
I-19 Revenue less expensesPrior year $15,958−$12,998
Part VI · Governance 2 of 4 board members independent, 5 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $241,150 across 10 lines filed
VIII-1f All other contributions, gifts and grants$185,253
VIII-1h Total contributions, gifts and grants$185,253
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $54,377$54,377
VIII-3 Investment incomeExcluded from tax $493$493
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,027$1,027
VIII-12 Total revenueRelated to mission $55,404 · Excluded from tax $493$241,150
Part IX · Statement of functional expenses $254,148 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $20,787 · Management $13,727 · Fundraising $4,706$39,220
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $61,929$61,929
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $604 · Management $483 · Fundraising $121$1,208
IX-10 Payroll taxesPrograms $6,579 · Management $1,234 · Fundraising $411$8,224
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $24,200$24,200
IX-12 Advertising and promotionPrograms $5,327 · Fundraising $5,328$10,655
IX-13 Office expensesManagement $2,079$2,079
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $4,890$4,890
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $5,716$5,716
IX-23 InsurancePrograms $5,720$5,720
IX-24 Other expenses (24a–d)Programs $72,265 · Management $1,090 · Fundraising $5,446$78,801
IX-24e All other expensesPrograms $10,976 · Management $530$11,506
IX-25 Total functional expensesPrograms $218,993 · Management $19,143 · Fundraising $16,012$254,148
Part X · Balance sheet $329,955 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $118,624$109,720
X-2 Savings and temporary cash investmentsStart of year $80,909$81,301
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $60$60
X-10c Land, buildings and equipment, netStart of year $98,898$96,843
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $42,032$42,031
X-16 Total assetsStart of year $340,523$329,955
X-17 Accounts payable and accrued expensesStart of year $43,306$45,736
X-26 Total liabilitiesStart of year $43,306$45,736
X-32 Total net assets or fund balancesStart of year $297,217$284,219
X-33 Total liabilities and net assetsStart of year $340,523$329,955
Part XI · Reconciliation of net assets $284,219 net assets at year end
XI-1 Total revenue$241,150
XI-2 Total expenses$254,148
XI-3 Revenue less expenses−$12,998
XI-4 Net assets at start of year$297,217
XI-10 Net assets at end of year$284,219

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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