Basic Gospel INC: FY2021 Nonprofit Profile & Form 990 (EIN 75-1564364)

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 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Spreads Christian teachings via radio, online, conferences, and publications.

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1 program · $996K · in their own filed words · FY2020

01

Christian radio broadcast ministry and outreach using various social media platforms.

$996Kprogram expense

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 · FY2022

Maximum Impact Love INCFY2022$13K

Total grants receivedfrom 1 funder$13K

Grants paid · 1 grant · $1.1M · 2021–2021

The Grace Message MinistriesTX · FY2021$1,081,215

By the numbers

The FY2021 990, line by line.

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1The main four

Money inPt VIII

$963K

Ln 12

Gifts and grantsLn 1h$991K

Investment incomeLn 3$3

Money outPt IX

$1.0M

Ln 25

Programscol B$996K

Managementcol C$5K

Owns and owesPt X

$704K

net assets · Ln 32

Cash and savingsLn 1–2$231K

Total assetsLn 16$899K

LiabilitiesLn 26$195K

PeoplePt VI, VII

8

listed · VII A

PaidVII A2

Voting boardVI 1a8

IndependentVI 1b6

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$991K

Government grantsLn 1e$88K

Noncash giftsLn 1g$623

Investment incomeLn 3$3

Total revenueLn 12$963K

Assets in detailPt X, end of year

CashLn 1$66K

SavingsLn 2$165K

Cash and savings togetherLn 1–2$231K

InvestmentsLn 11–13$612K

Land, buildings, equipmentLn 10c$37K

Other assetsLn 15$0

Total assetsLn 16$899K

LiabilitiesLn 26$195K

Net assetsLn 32$704K

OperationsPt I, VI

EmployeesI 50

VolunteersI 612

Fiscal year endsHeaderJune

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

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$126K	$231K
InvestmentsLn 11–13	$1.2M	$612K
Land, buildings, equipmentLn 10c	$34K	$37K
Total assetsLn 16	$1.6M	$899K
LiabilitiesLn 26	$242K	$195K
Net assetsLn 32	$1.4M	$704K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$100K	$100K
Other salaries and wagesLn 7	$323K	$323K
Pension plan contributionsLn 8	$1K	$1K
Payroll taxesLn 10	$21K	$21K
Legal feesLn 11b	$5K		$5K
Accounting feesLn 11c	$4K	$4K
Advertising and promotionLn 12	$9K	$9K
Office expensesLn 13	$51K	$51K
Information technologyLn 14	$361	$361
OccupancyLn 16	$47K	$47K
TravelLn 17	$127	$127
Conferences, conventions and meetingsLn 19	$265	$265
InterestLn 20	$2K	$2K
Depreciation, depletion and amortizationLn 22	$8K	$8K
InsuranceLn 23	$9K	$9K
Other expenses (24a–d)Ln 24	$413K	$413K
All other expensesLn 24e	$8K	$8K
Total functional expensesLn 25	$1.0M	$996K	$5K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2022 Latest	$1.1M	$1.9M	−$704K	$0	990 PDF
FY2021 Viewing	$963K	$1.0M	−$38K	$704K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2021 990 (6 parts)

Part I · Summary $962,744 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $904,811$991,284

I-9 Program service revenuePrior year $1,660$0

I-10 Investment incomePrior year $27,695$3

I-11 Other revenuePrior year $0−$28,543

I-12 Total revenuePrior year $934,166$962,744

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $443,603$445,687

I-16a Professional fundraising feesPrior year $77,746$0

I-17 Other expensesPrior year $611,083$555,481

I-18 Total expensesPrior year $1,132,432$1,001,168

I-19 Revenue less expensesPrior year −$198,266−$38,424

Part VI · Governance 6 of 8 board members independent, no flags

VI-1a Voting members of the governing body8

VI-1b Independent voting members6

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $962,744 across 7 lines filed

VIII-1e Government grants$88,210

VIII-1f All other contributions, gifts and grants$903,074

VIII-1g Noncash contributions (included above)$623

VIII-1h Total contributions, gifts and grants$991,284

VIII-3 Investment incomeExcluded from tax $3$3

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,185 · Unrelated business −$29,340 · Excluded from tax −$388−$28,543

VIII-12 Total revenueRelated to mission $1,185 · Unrelated business −$29,340 · Excluded from tax −$385$962,744

Part IX · Statement of functional expenses $1,001,168 across 17 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $100,008$100,008

IX-7 Other salaries and wagesPrograms $323,400$323,400

IX-8 Pension plan contributionsPrograms $1,111$1,111

IX-10 Payroll taxesPrograms $21,168$21,168

IX-11b Legal feesManagement $4,731$4,731

IX-11c Accounting feesPrograms $3,916$3,916

IX-12 Advertising and promotionPrograms $8,550$8,550

IX-13 Office expensesPrograms $50,660$50,660

IX-14 Information technologyPrograms $361$361

IX-16 OccupancyPrograms $47,021$47,021

IX-17 TravelPrograms $127$127

IX-19 Conferences, conventions and meetingsPrograms $265$265

IX-20 InterestPrograms $2,428$2,428

IX-22 Depreciation, depletion and amortizationPrograms $7,671$7,671

IX-23 InsurancePrograms $8,584$8,584

IX-24 Other expenses (24a–d)Programs $413,207$413,207

IX-24e All other expensesPrograms $7,960$7,960

IX-25 Total functional expensesPrograms $996,437 · Management $4,731 · Fundraising $0$1,001,168

Part X · Balance sheet $899,314 assets, 15 lines filed

X-1 Cash, non-interest-bearingStart of year $126,018$66,285

X-2 Savings and temporary cash investments$165,005

X-4 Accounts receivableStart of year $143,371$0

X-8 Inventories for sale or useStart of year $18,506$11,915

X-9 Prepaid expenses and deferred chargesStart of year $11,370$7,800

X-10c Land, buildings and equipment, netStart of year $33,570$36,649

X-12 Other securitiesStart of year $1,250,000$611,660

X-15 Other assetsStart of year $10,750$0

X-16 Total assetsStart of year $1,593,585$899,314

X-17 Accounts payable and accrued expensesStart of year $154,035$195,011

X-24 Unsecured notes and loans payableStart of year $88,210$0

X-26 Total liabilitiesStart of year $242,245$195,011

X-27 Net assets without donor restrictionsStart of year $1,351,340$704,303

X-32 Total net assets or fund balancesStart of year $1,351,340$704,303

X-33 Total liabilities and net assetsStart of year $1,593,585$899,314

Part XI · Reconciliation of net assets $704,303 net assets at year end

XI-1 Total revenue$962,744

XI-2 Total expenses$1,001,168

XI-3 Revenue less expenses−$38,424

XI-4 Net assets at start of year$1,351,340

XI-8 Prior period adjustments−$608,613

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$704,303

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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Basic Gospel INC FY2021 filing

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Who runs it and what they're paid

Compensation history total reportable pay by year · 2 named individuals · Part VII