2023-08-04T10:25:39-05:00 2022-12-31 480567703 KCOE ISOM LLP 2454 BUILDERS PLACE SUITE 130 CHICO CA 95928 990 2022-01-01 942816342 EDUCATIONAL MEDIA FOUNDATION EDUC 9162511600 5700 WEST OAKS BLVD ROCKLIN CA 95765 MATT REYNOLDS ACTING CFO & TREASURER 9162511600 2023-07-31 1 MATT REYNOLDS 999009999 1 WILLIAM E PETERSON P00273088 5308916474 2023-07-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TODD WOODS 5700 WEST OAKS BLVD ROCKLIN CA 95765 335454413 0 X WWW.EMFBROADCASTING.COM X 1981 CA TO CREATE, MARKET, DISTRIBUTE, AND SUPPORT COMPELLING EDUCATIONAL CHRISTIAN MEDIA THAT INSPIRES 11 10 690 262 428752 0 241047367 231285801 0 0 4357222 3461127 1656521 3606976 247061110 238353904 377349 498853 0 0 54578112 61244143 1449136 1884570 11588408 79002860 101874088 135407457 165501654 111653653 72852250 932263790 1046247591 32754472 100991312 899509318 945256279 X TO CREATE, MARKET, DISTRIBUTE, AND SUPPORT COMPELLING EDUCATIONAL CHRISTIAN MEDIA THAT INSPIRES AND ENCOURAGES OUR AUDIENCE TO HAVE A MEANINGFUL RELATIONSHIP WITH JESUS CHRIST, USING MEDIUMS SUCH AS OWNED AND OPERATED NON-COMMERCIAL RELIGIOUS AND EDUCATIONAL RADIO STATIONS, 0 0 124126227 3138331 EMF OWNS AND/OR MANAGES MULTIPLE MEDIA CHANNELS INCLUDING, BUT NOT LIMITED TO, NON-COMMERCIAL RELIGIOUS AND EDUCATIONAL RADIO BROADCASTING; FILM AND VIDEO PRODUCTION, MARKETING AND DISTRIBUTION; LIVE EVENTS; LITERATURE; STREAMING; PODCASTING AND OTHER DIGITAL MEDIA. 3269922 THE PASTORAL DEPARTMENT OF EDUCATIONAL MEDIA FOUNDATION PROVIDES SPIRITUAL SUPPORT TO THE ORGANIZATION'S LISTENING AUDIENCE, AND TO LOCAL COMMUNITIES AND CHURCHES BY CONNECTING CALLERS TO MINISTRY RESOURCES IN THEIR AREAS. THE PASTORAL DEPARTMENT OFFERS BIBLICALLY BASED COUNSELING AND PRAYER, PRIMARILY VIA TELEPHONE, FROM TRAINED PASTORS AND PASTORAL CARE TEAM MEMBERS. THE PASTORAL CARE TEAM IS AVAILABLE TO TAKE LIVE LISTENER CALLS THROUGHOUT THE DAY AND PASTORS ARE ON CALL (24-7) SHOULD CRISIS SUPPORT AND INTERVENTION BE NECESSARY. IN ADDITION, LISTENERS ARE ENCOURAGED TO LEAVE THEIR PRAYER REQUESTS ON THE KLOVE.COM AND AIR1.COM WEBSITES OR VIA EMF'S DIGITAL APPS. THE PASTORAL DEPARTMENT AND THE STAFF OF EDUCATIONAL MEDIA FOUNDATION PRAY FOR THESE REQUESTS DAILY. 760520 CRISIS RESPONSE EDUCATIONAL TRAINING EQUIPS AND SUPPORTS FIRST AND SECOND RESPONDER NETWORKS PROACTIVELY THROUGH TRAINING AND PREPAREDNESS, AND REACTIVELY DURING DISASTER RECOVERY COMMUNITY RESPONSES THROUGH RESILIENCY INTERVENTIONS. THESE SERVICES ARE OFFERED TO (BUT NOT LIMITED TO) FIRST RESPONDERS (POLICE, FIRE), SECONDARY RESPONDERS (MEDICAL HEALTH PROFESSIONALS), AND COMMUNITY CHAPLAINS. THE CLASSES ARE PROVIDED AT NO CHARGE AND TEACH THE BASICS OF CRITICAL INCIDENT STRESS MANAGEMENT (CISM). THIS PROGRAM WAS DEVELOPED AS AN OUTGROWTH OF OUR PASTORAL MINISTRY AND LOCAL OUTREACH. 498853 498853 EMF PROVIDED GRANTS TO EXEMPT ORGANIZATIONS WHICH EDUCATE, SUPPORT AND PROMOTE CHRISTIAN EVANGELISM, EDIFICATION, AND VALUES. 752638 THE DARE TO DREAM EDUCATIONAL SCHOOL ASSEMBLY PROGRAM ADDRESSES THE ONGOING CHALLENGES FACING THE YOUTH OF TODAY. THE RELIGIOUSLY NEUTRAL AND BIBLICALLY-BASED PRESENTATION EDUCATES KIDS THAT THEIR CHOICES TODAY WILL IMPACT THEIR LIVES TOMORROW. STUDENTS ARE ENCOURAGED TO SURROUND THEMSELVES WITH POSITIVE INFLUENCES, RESIST NEGATIVE PEER PRESSURES AND TO MOVE FORWARD BY STAYING TRUE TO THE DREAMS AND GOALS PLACED ON THEIR HEARTS. THIS EDUCATIONAL SERVICE IS OFFERED AT NO CHARGE TO THE SCHOOL AND SERVES THE COMMUNITY UNDER THE UMBRELLA OF THE AIR1 NETWORK. THIS PROGRAM WAS DEVELOPED AS AN OUTGROWTH OF OUR PASTORAL MINISTRY AND LOCAL OUTREACH. 1251491 498853 129408160 1 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 0 0 1 1044 0 1 690 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 AL AR CA CO FL GA HI IL KS KY MA MD MI MN MS ND NH NJ NM NY OH OR PA RI SC TN UT VA WI WV X X X MATT REYNOLDS 9162511600 5700 WEST OAKS BLVD ROCKLIN CA 95765 ALAN MASON DIRECTOR, ENDING 05/2022 1.00 1.00 X 0 0 0 DEAN STORDAHL DIRECTOR/CHAIRMAN, ENDING 12/31/22 1.00 1.00 X 0 0 0 LARRY MOODY DIRECTOR 1.00 1.00 X 0 0 0 MARK VOLTMANN DIRECTOR, ENDING 12/31/22 1.00 1.00 X 0 0 0 WALT GOLEMBESKI DIRECTOR, ENDING 12/31/22 1.00 1.00 X 0 0 0 MARK BRANNON DIRECTOR/VICE CHAIRMAN 1.00 1.00 X 0 0 0 EMIL KALLINA DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL LEWIS PRESIDENT, ENDING 05/17/23 50.00 2.00 X X 369070 0 33663 JON REEVES CEO/DIRECTOR, ENDING 03/21/23 50.00 2.00 X X 569438 0 51813 MITCH BARNHART DIRECTOR 1.00 1.00 X 0 0 0 DONNA ECTON DIRECTOR 1.00 1.00 X 0 0 0 JERRY SHIRER DIRECTOR 1.00 1.00 X 0 0 0 TOM STULTZ DIRECTOR 1.00 1.00 X 0 0 0 DAVID ATKINSON CHIEF FINANCIAL OFFICER/TR 50.00 2.00 X 363980 0 37136 JOE MILLER VP SIGNAL DEV/ASSISTANT TR 50.00 2.00 X 281030 0 33792 SHAINE GREISHABER SEC.END.5/25/22,EVP GGR END.12/31/22 50.00 2.00 X 317421 0 44817 TODD WOODS CHIEF LEGAL OFFICER/SECRETARY 50.00 2.00 X 378896 0 38149 SAM WALLINGTON VP OF OPERATIONS & ENGINEE 50.00 X 359773 0 42529 JAMES HOUSER CHIEF CONTENT OFFICER 50.00 X 273889 0 41990 KRISTINA MILLER CHIEF PEOPLE OFFICER 50.00 X 279396 0 30506 DAVID PIERCE CHIEF PARTNERSHIP OFFICER 50.00 X 313013 0 34717 JANET CHERRY CHIEF TRANSITION OFFICER 50.00 X 378990 0 45081 MICHAEL MCCALL CHIEF ENGAGEMENT OFFICER 50.00 X 417820 0 12843 CHRISTOPHER BARRON CHIEF INFORMATION OFFICER 50.00 X 339528 0 44317 MATTHEW RIGDON SR MGR TRANSITION SAT. TECH. 50.00 X 291416 0 37855 4933660 0 529208 158 0 1 0 BRASFIELD & GORRIE LLC 1201 DEMONBREUN ST STE 200 NASHVILLE TN 37027 CONSTRUCTION SERVICES 6049604 HASTINGS ARCHITECTURE LLC 225 POLK AVE SUITE 100 NASHVILLE TN 37203 ARCHITECTURE SERVICES 4127716 DUNHAMCOMPANY 6111 W PLANO PARKWAY STE 2200 PLANO TX 75093 CONSULTING & PROJECT MANAGEMENT 2136654 BGRS LLC 150 HARVESTER DR STE 201 BURR RIDGE IL 60527 RELOCATION SERVICES 1443870 SERINO COYNE LLC 1285 6TH AVE OF THE AMERICAS 5TH F NEW YORK NY 10019 MARKETING SERVICES 1187720 61 231285801 192667 231285801 3075215 3075215 85635 572156 45742 423280 39893 148876 188769 148876 39893 96098697 533283 96060506 185562 38191 347721 385912 385912 1077481 385419 692062 692062 CONCERT TOURS 711300 1600854 1600854 AFFILIATION FEES 516100 52013 52013 1073278 793402 279876 2726145 238353904 3138331 428752 3501020 498853 498853 3547289 1723729 1670696 152864 41815739 27092781 10711084 4011874 1475131 981748 351358 142025 11021519 7210934 2773958 1036627 3384465 2207348 863039 314078 1563571 1563571 198346 198346 141661 141661 1884570 1884570 782341 782341 6325901 5043509 1240416 41976 12148266 9807841 392730 1947695 5343158 3151777 1060119 1131262 13348614 13348614 160091 160091 2537193 1836379 460572 240242 3098673 2367613 364195 366865 1082554 1082554 786647 785496 1151 10512309 9991426 520883 545837 409378 136459 NETWORK OPERATIONS 28591642 28591642 ENGINEERING 9675643 8728662 663268 283713 BANKING & CASH PROCESSI 3251249 3036216 215033 CONTENT 1411791 1411380 411 368601 240402 93993 34206 165501654 129408160 24505086 11588408 X 2768724 1531075 299179 938470 17679774 13645844 64253470 117471482 13948648 13818659 1527424 4001171 2144156 2075046 2157187 2014851 5037150 5113473 190874977 104685633 62262905 86189344 136808120 119191350 5444022 5459601 613667792 615730800 7333142 61535970 932263790 1046247591 8208924 34265354 24545548 14718491 0 52007467 32754472 100991312 X 868681561 910048599 30827757 35207680 899509318 945256279 932263790 1046247591 X 72852250 -20289737 -6815552 X 0 1 X 1 0 X 184987293 195249074 209061279 241047367 231285801 1061630814 184987293 195249074 209061279 241047367 231285801 1061630814 1061630814 2274391 2411511 1677943 2311419 3160850 11836114 28805 101710 61131 71285 260932 523863 1348308 1632572 700252 322891 1618613 5622636 1079613427 4998141 0.98330 0.98380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PROMOTIONAL INCOME - 2018 AMOUNT: $ 1,348,308. 2019 AMOUNT: $ 1,632,572. 2020 AMOUNT: $ 700,252. 2021 AMOUNT: $ 322,891. 2022 AMOUNT: $ 1,618,613. 0 0 0 0 0 0 1 120000 0 1 21661 141661 0 PART II-B, LINE 1: EMF, THROUGH ITS MEMBERSHIP IN THE NATIONAL ASSOCIATION OF BROADCASTERS AND THE NATIONAL RELIGIOUS BROADCASTERS, IS MAINTAINING AWARENESS OF OUR ORGANIZATION AND ITS MISSION WITH MEMBERS OF THE LEGISLATURE AND OTHER GOVERNMENTAL OFFICIALS. 0 19078701 1570046 -2944399 226007 71257 17407084 15566895 2042704 1687736 146512 72122 19078701 12684467 1216074 1806725 80607 59764 15566895 9697896 1017768 2022591 53788 12684467 66775936 10452054 -710778 66775936 43380 9697896 0.41290 0.58710 1 0 14039183 14039183 19472117 6746216 12725901 1881370 522366 1359004 95180750 73868518 21312232 60301557 23548533 36753024 86189344 DEPOSIT AND OTHER 927321 RIGHT-OF-USE ASSETS 51819977 INVESTMENTS IN FILM 8788672 61535970 LEASE LIABILITY 52007467 52007467 PART V, LINE 4: THE EDUCATIONAL MEDIA FOUNDATION ENDOWMENT WAS ESTABLISHED TO HELP FUND THE GROWTH AND FUTURE OF THE ORGANIZATION AND ITS MISSION TO CREATE COMPELLING EDUCATIONAL MEDIA THAT INSPIRES AND ENCOURAGES PEOPLE TO HAVE A MEANINGFUL RELATIONSHIP WITH JESUS CHRIST. X X X X 1 DUNHAM COMPANY 6111 W PLANO PARKWAY SUITE 2200 PLANO TX 75093 PLEDGE DRIVE COACHING AND DIRECT MAIL APPEALS 0 52211289 1884570 50326719 52211289 1884570 50326719 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY SCHEDULE G, PART I, LINE 2B, COLUMN (V) DUNHAM + COMPANY WAS PAID $2,883,833 FOR THE PERFORMANCE OF PLEDGE DRIVE CONSULTING WORK AND DIRECT MAIL APPEALS CONSULTING WORK IN CONNECTION WITH EMF FUNDRAISING EFFORTS. THE AMOUNT DISCLOSED IN FORM 990, SCHEDULE G, PART I, LINE 2(B)(V) REPRESENTS DUNHAM + COMPANY'S TOTAL BILLINGS REDUCED BY THE REIMBURSEMENTS FOR TRAVEL, PRINTING AND MAILING SERVICES. EMF DID NOT HAVE ANY ARRANGEMENTS WITH FUNDRAISERS UNDER WHICH IT MADE PAYMENTS EXCLUSIVELY FOR FUNDRAISING ADMINISTRATIVE EXPENSES BUT NOT FOR PROFESSIONAL FUNDRAISING SERVICES. EMF DOES NOT ENGAGE IN GAMING ACTIVITY. GROSS RECEIPTS FROM FUNDRAISING ACTIVITY WERE DETERMINED USING DATA ACCUMULATED DURING OUR SEMI-ANNUAL PLEDGE DRIVES, DURING WHICH THE ORGANIZATION LISTED PROVIDED "PROFESSIONAL SERVICES". 1 CHRISTIAN MUSIC BROADCASTERS INC PO BOX 241871 LITTLE ROCK AR 722230016 710928762 501(C)(3) 35000 0 CHRISTIAN MEDIA GMA FOUNDATION (GOSPEL MUSIC ASSOCIATION) 188 FRONT STREET STE 116-44 FRANKLIN TN 370645089 620783972 501(C)(3) 25000 0 CHRISTIAN OUTREACH & EVANGELISM NAB LEADERSHIP FOUNDATION 1 M ST SE WASHINGTON DC 20003 521866840 501(C)(3) 8250 0 CHRISTIAN MEDIA CONVOY OF HOPE 330 S PATTERSON AVENUE SPRINGFIELD MO 65802 680051386 501(C)(3) 350000 0 CHRISTIAN OUTREACH & EVANGELISM WITH OPEN EYES FOUNDATION INC 4100 COCA COLA PLAZA SUITE 105 CHARLOTTE NC 28211 262753084 501(C)(3) 25000 0 CHRISTIAN OUTREACH & EVANGELISM ASSOCIATION FOR COMMUNITY EDUCATION INC DBA RADIO NUEVA VIDA 2310 PONDEROSA DRIVE CAMARILLO CA 93010 953685184 501(C)(3) 0 19339 BOOK ATX PRO 1Q SATELLITE RECEIVERS-QUANTITY 16 CHRISTIAN MEDIA NEW HOPE ACADEMY 1820 DOWNS BOULEVARD FRANKLIN TN 37064 631172489 501(C)(3) 25000 0 CHRISTIAN MEDIA 9 0 PART I, LINE 2: EACH RECIPIENT CHARITY MUST HAVE QUALIFIED PUBLIC CHARITY STATUS AND RECEIVE BOARD APPROVAL. X X 1 1 X X X X X X 0 0 0 0 0 0 0 1 0 JON REEVES CEO/DIRECTOR, ENDING 03/21/23 471570 0 77950 0 19918 0 19462 0 32351 0 621251 0 0 0 MICHAEL MCCALL CHIEF ENGAGEMENT OFFICER 257807 0 25000 0 135013 0 10839 0 2004 0 430663 0 0 0 JANET CHERRY CHIEF TRANSITION OFFICER 297433 0 62550 0 19007 0 12730 0 32351 0 424071 0 0 0 TODD WOODS CHIEF LEGAL OFFICER/SECRETARY 268144 0 105000 0 5752 0 5798 0 32351 0 417045 0 0 0 MICHAEL LEWIS PRESIDENT, ENDING 05/17/23 361731 0 5000 0 2339 0 10996 0 22667 0 402733 0 0 0 SAM WALLINGTON VP OF OPERATIONS & ENGINEE 234750 0 35000 0 90023 0 10178 0 32351 0 402302 0 0 0 DAVID ATKINSON CHIEF FINANCIAL OFFICER/TR 278019 0 50000 0 35961 0 14469 0 22667 0 401116 0 0 0 CHRISTOPHER BARRON CHIEF INFORMATION OFFICER 274456 0 40000 0 25072 0 11966 0 32351 0 383845 0 0 0 SHAINE GREISHABER SEC.END.5/25/22,EVP GGR END.12/31/22 255395 0 10000 0 52026 0 12466 0 32351 0 362238 0 0 0 DAVID PIERCE CHIEF PARTNERSHIP OFFICER 272290 0 15000 0 25723 0 12050 0 22667 0 347730 0 0 0 MATTHEW RIGDON SR MGR TRANSITION SAT. TECH. 122019 0 4047 0 165350 0 5504 0 32351 0 329271 0 0 0 JAMES HOUSER CHIEF CONTENT OFFICER 219658 0 34820 0 19411 0 9639 0 32351 0 315879 0 0 0 JOE MILLER VP SIGNAL DEV/ASSISTANT TR 257797 0 5500 0 17733 0 11125 0 22667 0 314822 0 0 0 KRISTINA MILLER CHIEF PEOPLE OFFICER 232241 0 34677 0 12478 0 9847 0 20659 0 309902 0 0 0 PART I, LINE 1A ON OCCASION, THE WIFE OF THE CEO ACCOMPANIED HIM ON BUSINESS TRIPS TO MEET WITH DONORS. IMMATERIAL SPOT BONUSES AND RELOCATION EXPENSES WERE PAID DURING THE YEAR TO KEY EMPLOYEES ON A GROSSED-UP BASIS. PART I, LINE 7 ALL OFFICERS AND KEY EMPLOYEES LISTED ON FORM 990, PAGE 7, PART VII, SECTION A, RECEIVED DISCRETIONARY BONUSES AS DETERMINED BY THE ACHIEVEMENT OF GOALS, RESULTS AND CONTRIBUTIONS TO EMF KEY INITIATIVES. DAVID PIERCE CHIEF PARTNERSHIP OFFICER 10580 PAYMENTS TO PIERCE MEDIA GROUP, FOR VOICE-OVER WORK 0 BRIAN MITCHELL DIVISION PRESIDENT 13000 PAYMENTS TO KIMBERLY MITCHELL (SPOUSE) FOR PODCASTING CONTRACT 0 X 26 192509 FAIR MARKET VALUE X GOLD COINS 1 158 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: AND ENCOURAGES OUR AUDIENCE TO HAVE A MEANINGFUL RELATIONSHIP WITH JESUS CHRIST, USING MEDIUMS SUCH AS OWNED AND OPERATED NON-COMMERCIAL RELIGIOUS AND EDUCATIONAL RADIO STATIONS, FILM AND VIDEO, PODCASTING, LIVE EVENTS, STREAMING, SOCIAL MEDIA, LITERARY WORKS AND OTHER MEDIA FORMATS. EDUCATIONAL MEDIA FOUNDATION (EMF) HAS FULFILLED ITS EDUCATIONAL AND RELIGIOUS MISSION PRIMARILY THROUGH RADIO BROADCASTING, WHILE INTRODUCING OTHER MEDIA (AS ITS NAME CONNOTES) OVER TIME. IN 2022, EDUCATIONAL MEDIA FOUNDATION CONTINUED TO FULFILL ITS MISSION BY EXPANDING INTO AND INCREASING ITS PARTICIPATION IN BIBLICALLY-BASED FILM PRODUCTION, MARKETING AND DISTRIBUTION. IN ADDITION, EMF CONTINUED TO INVEST IN FAITH-BASED BOOK PUBLISHING, MARKETING AND DISTRIBUTION THROUGH EMF PUBLISHING, LLC. EMF WILL CONTINUE TO FULFILL ITS EDUCATIONAL AND RELIGIOUS PURPOSES PRIMARILY THROUGH TERRESTRIAL RADIO, STREAMING, PODCASTING, PUBLISHING, AND VIDEO, WHILE EXPLORING NEW MEDIA OPPORTUNITIES. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: FILM AND VIDEO, PODCASTING, LIVE EVENTS, STREAMING, SOCIAL MEDIA, LITERARY WORKS AND OTHER MEDIA FORMATS. EDUCATIONAL MEDIA FOUNDATION (EMF) HAS FULFILLED ITS EDUCATIONAL AND RELIGIOUS MISSION PRIMARILY THROUGH RADIO BROADCASTING, WHILE INTRODUCING OTHER MEDIA (AS ITS NAME CONNOTES) OVER TIME. IN 2022, EDUCATIONAL MEDIA FOUNDATION CONTINUED TO FULFILL ITS MISSION BY EXPANDING INTO AND INCREASING ITS PARTICIPATION IN BIBLICALLY-BASED FILM PRODUCTION, MARKETING AND DISTRIBUTION. IN ADDITION, EMF CONTINUED TO INVEST IN FAITH-BASED BOOK PUBLISHING, MARKETING AND DISTRIBUTION THROUGH EMF PUBLISHING, LLC. EMF WILL CONTINUE TO FULFILL ITS EDUCATIONAL AND RELIGIOUS PURPOSES PRIMARILY THROUGH TERRESTRIAL RADIO, STREAMING, PODCASTING, PUBLISHING, AND VIDEO, WHILE EXPLORING NEW MEDIA OPPORTUNITIES. FORM 990, PART VI, SECTION A, LINE 4 CHANGES TO THE ORGANIZATION'S BYLAWS WERE MADE THAT AFFECTED THE NUMBER, AUTHORITY OR DUTIES OF THE GOVERNING BODY'S VOTING MEMBERS AND THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED BY AN OUTSIDE ACCOUNTING FIRM. THEREAFTER, THE FORM 990 IS REVIEWED INTERNALLY BY MEMBERS OF THE FINANCE/ACCOUNTING DEPARTMENT AND SENIOR MANAGEMENT. ONCE THEIR QUESTIONS ARE RESOLVED, THE DOCUMENT IS DISTRIBUTED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW. WHEN THEIR REVIEW IS COMPLETE, THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND ANY EMPLOYEES FOUND TO HAVE FINANCIAL DECISION-MAKING ABILITIES ARE PROVIDED A COPY OF THE POLICY ON CONFLICT OF INTEREST AND ARE REQUIRED TO DISCLOSE ANY CONFLICTS. IF A CONFLICT IS DISCLOSED, THE FULL BOARD, LESS THE CONFLICTED MEMBER, WILL DETERMINE THE APPROPRIATE ACTION TO BE TAKEN. ADDITIONALLY, EMPLOYEES, AT THE TIME OF THEIR EMPLOYMENT, ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT THAT IMPOSES AN ON-GOING OBLIGATION TO DISCLOSE ANY CONFLICTS THAT MIGHT ARISE. IN THE EVENT AN EMPLOYEE HAS A POTENTIAL CONFLICT OF INTEREST, THE POTENTIAL CONFLICT IS RAISED TO THE GENERAL COUNSEL, AND APPROPRIATE MEASURES ARE TAKEN. IN THE CASE OF AN EMPLOYEE WITH A FINANCIAL INTEREST IN A VENDOR THAT DOES BUSINESS WITH THE MINISTRY, THE TRANSACTION IS REVIEWED BY DISINTERESTED MEMBERS OF EXECUTIVE MANAGEMENT, AND IN APPROPRIATE CASES, COMPETITIVE BIDS ARE OBTAINED TO ASSURE THAT THE TRANSACTION IS FAIR AND EQUITABLE. CONFLICT OF INTEREST STATEMENTS ARE SIGNED YEARLY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO AND CFO IS UNDER THE DIRECTION OF THE INDEPENDENT BOARD OF DIRECTORS. IN 2021 AN INDEPENDENT COMPENSATION STUDY WAS COMPLETED BY SMITH PILOT THAT INCLUDED AN INDEPENDENT REVIEW OF COMPENSATION AND BENEFITS OF THE TOP EXECUTIVES AT EDUCATIONAL MEDIA FOUNDATION, INCLUDING THE CEO AND CFO IN EXECUTIVE SESSION (WITHOUT THE CEO AND CFO PRESENT) TO APPROVE THEIR SALARIES UTILIZING THE DATA PROVIDED. THIS STUDY WAS UPDATED AND APPLIED FOR 2021-2022. THE COMPENSATION OF OTHER OFFICERS AND OTHER KEY EMPLOYEES IS ESTABLISHED BY THE CEO AND APPROVED OVERALL BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS AND CONFLICTS OF INTEREST POLICY, AS WELL AS OTHER PERTINENT DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE; CERTAIN FINANCIAL DATA IS ALSO AVAILABLE ON GUIDESTAR'S AND ECFA'S WEBSITES. FORM 990, PART XI, LINE 9: IMPAIRMENT OF RADIO FCC LICENSES -6,815,552. EMF PROPERTY HOLDINGS LLC 5700 WEST OAKS BLVD ROCKLIN CA 95765 270169778 HOLDING COMPANY FOR NON-CASH DONATIONS (PROPERTY) CA 254521 EDUCATIONAL MEDIA FOUNDATION KLOVE-AIR1 EVENTS LLC 5700 WEST OAKS BLVD ROCKLIN CA 95765 461469221 SPECIAL EVENTS / PROMOTIONS CA 1891697 11599011 EDUCATIONAL MEDIA FOUNDATION CRISIS RESPONSE LLC 5700 WEST OAKS BLVD ROCKLIN CA 95765 851720199 CRISIS RESPONSE TRAINING & COMMUNITY SERVICE CA 290415 267367 EDUCATIONAL MEDIA FOUNDATION EMF PUBLISHING LLC 5700 WEST OAKS BLVD ROCKLIN CA 95765 851974972 PUBLISHING, DISTRIBUTION & SALE OF FAITH-BASED LITERATURE & RELATED PRODUCTS DE 1077481 2715882 EDUCATIONAL MEDIA FOUNDATION DARE II DREAM LLC 5700 WEST OAKS BLVD ROCKLIN CA 95765 852881125 SCHOOL ASSEMBLY PROGRAM DE 61128 EDUCATIONAL MEDIA FOUNDATION EMF TN PROPERTY HOLDINGS LLC 5700 WEST OAKS BLVD ROCKLIN CA 95765 883210272 HOLDING COMPANY FOR REAL ESTATE - TN TN 485 41442511 EDUCATIONAL MEDIA FOUNDATION EMF CORPORATION 5700 WEST OAKS BLVD ROCKLIN CA 95765 262472472 SUPPORTING ORGANIZATION DE 501(C)(3) LINE 12A, I EDUCATIONAL MEDIA FOUNDATION 1 KLOVE & AIR1 FOUNDATION 5700 WEST OAKS BLVD ROCKLIN CA 95765 266579467 SUPPORTING ORGANIZATION DE 501(C)(3) LINE 12A, I EDUCATIONAL MEDIA FOUNDATION 1 EL DORADO LICENSES INC 5700 WEST OAKS BLVD ROCKLIN CA 95765 203617900 FCC LICENSEE KS EDUCATIONAL MEDIA FOUNDATION C 1.00000 1 SAN JOAQUIN BROADCASTING CO 5700 WEST OAKS BLVD ROCKLIN CA 95765 460868363 FCC LICENSEE CA EDUCATIONAL MEDIA FOUNDATION C 1.00000 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 KLOVE & AIR1 FOUNDATION M 360000 FEES CHARGED FOR SERVICES PERFORM KLOVE & AIR1 FOUNDATION Q 161822 EXPENSES INCURRED SAN JOAQUIN BROADCASTING CO D 97248 AMOUNT PAID ON BEHALF OF RELATED EL DORADO LICENSES INC D 65232 AMOUNT PAID ON BEHALF OF RELATED KLOVE & AIR1 FOUNDATION P 257602 EXPENSES INCURRED