2025-04-30T11:46:49-04:00 2024-06-30 412024514 SOMMERVILLE & ASSOCIATES PC 2726 MATLOCK RD ARLINGTON TX 76015 990 2023-07-01 831745469 RADIO BY GRACE INC RADI 8885333551 PO BOX 3746 AMARILLO TX 79116 RIC VOGELGESANG TREASURER/DIRECTOR 8885333551 2025-04-30 true false ELAINE L SOMMERVILLE CPA P00204458 8177955046 2025-04-30 2023 2025-03-06 01:10:19Z RIC VOGELGESANG PO BOX 3746 AMARILLO TX 79116 948061 false X RADIOBYGRACE.COM X 2018 TX RADIO BY GRACE EXISTS TO PROVIDE EXCELLENT CHRISTIAN RADIO TO A MODERN GENERATION OF LISTENERS. 4 4 10 60 0 542131 128085 163075 215962 -25083 -372185 289313 261604 969436 233466 189341 0 230893 288433 0 104648 788603 733746 1019496 1211520 -50060 -978054 12115817 10761580 1417890 1080815 10697927 9680765 X RADIO BY GRACE EXISTS TO PROVIDE EXCELLENT CHRISTIAN RADIO TO A MODERN GENERATION OF LISTENERS. WE ARE COMMITTED TO BUILD THE LOCAL CHURCH, SERVE THE LOCAL COMMUNITY, AND TO SPREAD THE TRUTH OF GOD'S WORD WITH PASSION AND CONVICTION. ALL THAT WE DO WILL BE TO HONOR JESUS. false false 964859 189341 24307 RADIO BROADCAST OPERATIONS ARE BRANDED AS RADIO BY GRACE WITH BROADCAST FACILITIES AND FM STATIONS ACROSS THE UNITED STATES AND VIA THE INTERNET. THE ORGANIZATION BRINGS LISTENERS A BALANCE OF SOLID BIBLICAL TEACHINGS AND LIVE TALK PROGRAMMING. CURRENT BROADCAST OPERATIONS COVER 22 STATES WITH APPROXIMATELY 22 MILLION LISTENERS. OUR PROGRAM CONTENT IS INTENDED TO DELIVER THE GOSPEL, THE GOOD NEWS OF CHRIST, TO OUR LISTENERS. FUNDRAISING EFFORTS TO SUPPORT BROADCAST OPERATIONS HAVE NOT YET BEGUN. 964859 true true false false false false false false false false true false false false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 37 0 true 10 true false false false false false false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true false false false GA AL KS KY MS SC TN IL WI FL X MARKKI MARINEZ 8063504442 PO BOX 3746 AMARILLO TX 79116 X BILL GEHM PRESIDENT/DI 5.00 X X 0 0 0 RIC VOGELGESANG TREASURER/DI 5.00 X X 0 0 0 MIKE KESSELL VP/SEC/DIREC 5.00 X X 0 0 0 TODD ROLLISON DIRECTOR 5.00 X 0 0 0 REGINA RALSTON GENERAL MANA 5.00 X 0 0 0 false false false 128085 128085 PROGRAMMING INCOME 900099 215962 215962 215962 2998 2998 183528 183528 76589 76589 76589 76589 330943 706126 -375183 -375183 -375183 9499 8469 1030 1030 OTHER 900099 457 457 457 233466 24307 81074 189341 189341 248309 141611 29547 77151 3278 2259 1019 18942 12201 6741 17904 10260 2258 5386 4391 4391 78490 78490 60503 49753 10450 300 8743 153 8590 68571 55808 7302 5461 17500 15721 1779 36116 36116 386449 383449 3000 4992 3645 1347 38380 38380 23569 22046 1523 AUDIO PRODUCTION COSTS 4116 4116 1926 1926 1211520 964859 142013 104648 54327 31041 347468 57194 54072 202455 127088 89168 17363 17363 72191 63338 524427 139816 451571 384611 10977607 9907865 14130 8545 12115817 10761580 34266 21699 1383624 1059116 1417890 1080815 X 10697927 9680765 10697927 9680765 12115817 10761580 X -978054 -39108 X false true X false false X 1048 176806 566692 542131 128085 1414762 109076 349200 327064 379483 399490 1564313 11144 11144 110124 537150 893756 921614 527575 2990219 5996 11050 17046 31248 165356 153037 180250 273524 803415 31248 165356 159033 180250 284574 820461 2169758 17767 86140 70634 77171 79587 331299 17767 86140 70634 77171 79587 331299 1030 1030 11144 457 11601 127891 634434 964390 998785 608649 3334149 0.65080 0.10000 0.00000 X SUPPORTING SCHEDULE LIQUIDATING ASSET TRANSFER 1,321,792 LIQUIDATING ASSET TRANSFER 10,551,428 LIQUIDATING ASSET TRANSFER 560,000 LIQUIDATING ASSET TRANSFER 492,401 PART III, LINE 12 MISCELLANEOUS 11,601 SUPPLEMENTAL INFORMATION PART III - THE ORGANIZATION COMPLETED ITS FIRST FIVE YEARS AND IS FILING FOR YEAR SIX. IN THE PROCESS OF APPLYING THE PUBLIC CHARITY TESTING, IT WAS DETERMINED THAT THE FILING ORGANIZATION RECEIVED ALL THE ASSETS ASSOCIATED WITH THE EXEMPT PURPOSES OF ANOTHER EXEMPT ORGANIZATION. THE TRANSFER OF THE PROGRAM ASSETS FROM ANOTHER 501(C)(3)/509(A)(2) ORGANIZATION QUALIFIES AS AN UNUSUAL GRANT AND THE RELATED CONTRIBUTIONS HAVE BEEN EXCLUDED FROM LINE 1 OF PART III FOR ALL APPLICABLE YEARS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42000 42000 161470 28149 133321 320957 111667 209290 384611 RIGHT-OF USE OPERATING LEASE 1059116 1059116 X 202827 -39108 -39108 241935 -8469 -8469 233466 1219989 8469 8469 1211520 1211520 SCHEDULE D, PAGE 3, PART X RBG IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. U.S. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE RBG'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE LIKELY THAN NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. A RECONCILIATION IS NOT PROVIDED HEREIN, AS THE BEGINNING AND ENDING AMOUNTS OF UNRECOGNIZED BENEFITS ARE ZERO, WITH NO INTERIM ADDITIONS, REDUCTIONS, OR SETTLEMENTS. RBG IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. RGB RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS AS OTHER EXPENSES. RBG DOES NOT HAVE ANY OUTSTANDING INTEREST OR PENALTIES, AND NONE HAVE BEEN RECORDED IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. RBG'S INFORMATIONAL RETURNS FILED ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OF DATE OF FILING. AS A RESULT, THE RBG IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2021. SCHEDULE D, PAGE 4, PART XI, LINE 2D LOSS ON IMPAIRMENT OF LICENSES -39,108 SCHEDULE D, PAGE 4, PART XI, LINE 4B SPECIAL EVENT EXPENSES -8,469 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSES 8,469 true 247 MEDIA MINISTRIES 25375 SW PARKWAY AVE SUITE 200 WILSONVILLE OR 97070 832010858 501C3 189341 NBV FCC LICENSES/EQ STATION DONATION 1 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS ARE SELECTIVELY MADE AFTER A REVIEW OF THE NEEDS OF A RECIPIENT ORGANIZATION AND THE ABILITY TO ASSIST IN A MANNER TO SUCCESSFULLY MEET THOSE NEEDS OUT OF THE ASSETS OF THE FILING ORGANIZATION. EACH GRANT IS INDIVIDUALLY REVIEWED BY THE BOARD OF DIRECTORS. FORM 990 - ORGANIZATION'S MISSION RADIO BY GRACE EXISTS TO PROVIDE EXCELLENT CHRISTIAN RADIO TO A MODERN GENERATION OF LISTENERS. WE ARE COMMITTED TO BUILD THE LOCAL CHURCH, SERVE THE LOCAL COMMUNITY, AND TO SPREAD THE TRUTH OF GOD'S WORD WITH PASSION AND CONVICTION. ALL THAT WE DO WILL BE TO HONOR JESUS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM. AFTER PREPARATION IS COMPLETE, THE ORGANIZATION'S ACCOUNTING CONSULTANT REVIEWS THE FORM 990. ONCE THE ACCOUNTANT IS SATISFIED WITH THE INFORMATION, SHE CIRCULATES THE FORM 990 ELECTRONICALLY TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMISSION TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY FOR THE ORGANIZATION COVERS ANY DIRECTOR, PRINCIPLE OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. EVERY YEAR THEY MUST SIGN A STATEMENT THAT AFFIRMS THEY HAVE RECEIVED A COPY OF THE POLICY, HAVE READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTAND THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS TAX EXEMPTION STATUS IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. ANY TIME A CONFLICT OF INTEREST ARISES, IT IS DISCLOSED TO THE BOARD BY THE INTERESTED PERSON. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 LOSS ON IMPAIRMENT OF LICENSES -39,108 GRACE COMMUNITY CHURCH 4111 PLAINS BLVD AMARILLO TX 79106 752048265 RELIGIOUS TX 501C3 1 N/A false false false false false false false false false false false true true false false false false false false false