2023-11-09T07:46:07-06:00 2022-12-31 450473857 Crouch Joslyn Good PLLC 4505 Country Club Rd Ste 100 WinstonSalem NC 27104 990 2022-01-01 582003177 Triad Family Network Inc TRIA 3367771008 1249 Trade Street WinstonSalem NC 271011550 Philip T Watson President 3367771008 2023-11-02 1 Philip Watson 999009999 1 Donald S Kinney P00008748 3367688000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WBFJ-FM Philip T Watson 1249 Trade Street WinstonSalem NC 271011550 771082 0 X wbfj.fm X 1991 NC Religious and Educational Broadcasting 6 4 12 0 0 0 547062 497994 155515 157711 2068 78851 21382 10900 726027 745456 0 0 0 0 260625 276633 0 0 6500 391770 430925 652395 707558 73632 37898 850551 892978 105 4634 850446 888344 Religious and Educational Broadcasting 0 0 533448 Religious and Educational Broadcasting to Listeners in the Piedmont Triad Area of North Carolina 533448 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 12 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 6 4 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 1 0 NC X Philip T Watson 3367771008 1249 Trade Street Winston Salem NC 27101 Philip T Watson President 30.00 X X 0 0 24000 Donald C Shipton Vice President 0.00 X X 0 0 0 Barbara Watson Secretary 0.00 X X 0 0 0 Donald S Kinney Treasurer 0.00 X X 0 0 0 John M Hill Trustee 27.00 X 24211 0 0 Holly W Potter Trustee 0.00 X 0 0 0 24211 0 24000 0 0 0 0 0 497994 497994 AM Underwriting Income 516100 50799 50799 On Air Acknowledgement 516100 48124 48124 Program Underwriting 516100 31900 31900 Underwriting Income 516100 22150 22150 Miscellaneous income 516100 4738 4738 157711 3977 3977 10900 0 10900 10900 10900 100500 25626 74874 74874 74874 745456 243485 0 3977 X 24211 24211 225281 225281 6969 6969 1274 1274 18898 18898 10159 10159 706 706 62295 62295 759 759 20721 20721 20493 20493 Office overhead 84000 84000 Trade discount 45437 45437 Utilities 26002 26002 Ministers Housing Allow 24000 24000 136353 125839 4014 6500 707558 533448 167610 6500 32524 40810 582832 686610 512601 347043 235195 165558 850551 892978 105 4634 105 4634 X 850446 888344 850446 888344 850551 892978 37898 0 X 0 0 0 X 669811 691489 568783 702576 730579 3363238 669811 691489 568783 702576 730579 3363238 7000 8000 8000 8000 25000 56000 16000 52676 38800 14750 2545 124771 23000 60676 46800 22750 27545 180771 3182467 21455 23731 27661 23450 14877 111174 21455 23731 27661 23450 14877 111174 588 588 691854 715220 596444 726026 745456 3475000 0.91580 0.90690 0.03200 0.03240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31540 31540 30597 17330 13267 251607 247521 4086 198857 82192 116665 165558 Phil and Jean Watson Officers 30000 Tower and building rent, other services 0 Resource Management of NC Business owned by Phil Watson 84000 Personnel and other services 0 01. Supplemntal Information for Schedule L Part IV - Interested PersonsResource Management of Winston Salem LLC, Phil Watson Sole Member, provides resource support at a lower cost than if Triad Family Network had to contract separately for these needed items. The support includes human resource services, administrative support, accounting services, and the use of radio facilities and tower. These costs are reviewed at least once a year by management or more often if there are changes in personnel and activity. Form 990, Part VI, Section A, line 2 Resource Management of Winston Salem LLC, Phil Watson sole member, provides resource support at a lower cost than if Triad Family Network had to contract separately for these needed services. The support includes human resource services, administrative support, accounting services, and the use of radio facilities and tower. These costs are reviewed at least once a year by management or more often if there are changes in personnel and activity. Form 990, Part VI, Section B, line 11b Officers review Form 990 prior to filing. Form 990, Part VI, Section B, line 15b Annually, a compensation committee meets that is made up of three board members and one employee of the radio station. The committee discusses salaries for all employees including board member/employees. Any board member/employee on the committee excludes themselves from the deliberations and voting on their own compensation. Philip T Watson, an ordained minister, receives a housing allowance. Form 990, Part VI, Section C, line 18 Governing documents and Forms 990 returns are available upon request. Form 990 is also available online at Guidestar.org. Form 990, Part VI, Section C, line 19 Governing documents and Form 990 are available upon request. Form 990, Part IX, line 24e Contract services: Program service expenses 23,920. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,920. Contributions - Other Charity: Program service expenses 17,558. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,558. Professional gifts: Program service expenses 11,306. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,306. Contract Labor: Program service expenses 8,621. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,621. Meals: Program service expenses 8,192. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,192. Postage: Program service expenses 7,865. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,865. Production: Program service expenses 7,701. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,701. Day of celebration: Program service expenses 0. Management and general expenses 0. Fundraising expenses 6,500. Total expenses 6,500. Equipment rental: Program service expenses 4,287. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,287. Auto: Program service expenses 4,202. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,202. Music license: Program service expenses 4,025. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,025. Taxes - other: Program service expenses 4,009. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,009. Broadcast equipment: Program service expenses 3,033. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,033. Office Supplies: Program service expenses 2,645. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,645. Equipment expense: Program service expenses 2,596. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,596. Concert Expense: Program service expenses 2,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,500. Dues and subscriptions: Program service expenses 2,334. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,334. Miscellaneous: Program service expenses 2,279. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,279. Payroll outsourcing: Program service expenses 0. Management and general expenses 2,226. Fundraising expenses 0. Total expenses 2,226. Research: Program service expenses 2,050. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,050. Subscriptions: Program service expenses 1,859. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,859. Merchant account fees: Program service expenses 1,829. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,829. Professional fees: Program service expenses 0. Management and general expenses 1,788. Fundraising expenses 0. Total expenses 1,788. Bank charges: Program service expenses 1,599. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,599. Benevolence: Program service expenses 605. Management and general expenses 0. Fundraising expenses 0. Total expenses 605. Special events: Program service expenses 400. Management and general expenses 0. Fundraising expenses 0. Total expenses 400. Repairs: Program service expenses 386. Management and general expenses 0. Fundraising expenses 0. Total expenses 386. Office lease expense: Program service expenses 333. Management and general expenses 0. Fundraising expenses 0. Total expenses 333. Continuing education: Program service expenses 199. Management and general expenses 0. Fundraising expenses 0. Total expenses 199. Licenses and permits: Program service expenses 57. Management and general expenses 0. Fundraising expenses 0. Total expenses 57. Discounts/Refunds: Program service expenses -551. Management and general expenses 0. Fundraising expenses 0. Total expenses