2022-11-16T08:22:52-06:00 2021-12-31 450473857 Crouch Joslyn Good PLLC 4505 Country Club Rd Ste 100 WinstonSalem NC 27104 990 2021-01-01 582003177 Triad Family Network Inc TRIA 3367771008 1249 Trade Street WinstonSalem NC 271011550 Philip T Watson President 3367771008 2022-11-15 1 Philip Watson 999009999 Donald S Kinney P00008748 3367688000 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z WBFJ-FM Philip T Watson 1249 Trade Street WinstonSalem NC 271011550 726027 0 X wbfj.fm X 1991 NC Religious and Educational Broadcasting 6 4 12 118 0 0 409283 547062 159500 155515 15174 2068 21550 21382 605507 726027 0 0 0 0 258897 260625 0 0 6042 345141 391770 604038 652395 1469 73632 776814 850551 0 105 776814 850446 Religious and Educational Broadcasting 0 0 457868 Religious and Educational Broadcasting to Listeners in the Piedmont Triad Area of North Carolina 457868 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 1 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 12 1 0 0 0 0 0 1 1 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 30000 Donald C Shipton Vice President 0.00 X X 0 0 0 Donald S Kinney Treasurer 0.00 X X 0 0 0 Barbara Watson Secretary 0.00 X X 0 0 0 John M Hill Trustee 27.00 X 21780 0 0 Holly W Potter Trustee 0.00 X 0 0 0 21780 0 30000 0 0 0 0 0 10000 537062 547062 AM Underwriting Income 515100 50701 50701 Program Underwriting 515100 29462 29462 On Air Acknowledgement 515100 27487 27487 Underwriting Income 515100 23100 23100 Special Events 515100 12720 12720 12045 12045 155515 2068 2068 21382 0 21382 21382 21382 726027 176897 0 2068 X 21780 21780 219828 219828 6489 6489 1274 1274 11254 11254 13 13 10249 10249 70207 70207 373 373 25263 25263 18010 18010 Office overhead 78000 78000 Trade discount 43739 43739 Ministers Housing Allow 30000 30000 Utilities 24300 24300 91616 59077 26497 6042 652395 457868 188485 6042 88692 32524 427664 582832 651779 416584 260458 235195 776814 850551 0 105 0 105 X 776814 850446 776814 850446 776814 850551 73632 0 X 0 0 0 X 587556 669811 691489 568783 702576 3220215 587556 669811 691489 568783 702576 3220215 24000 7000 8000 8000 8000 55000 24200 16000 52676 38800 14750 146426 48200 23000 60676 46800 22750 201426 3018789 11655 21455 23731 27661 23450 107952 11655 21455 23731 27661 23450 107952 588 588 599211 691854 715220 596444 726026 3328755 0.90690 0.95480 0.03240 0.03000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56540 56540 110409 69690 40719 285973 276369 9604 198857 70525 128332 235195 Phil and Jean Watson Officers 30000 Tower and building rent, other services 0 Resource Management of NC Business owned by Phil Watson 78000 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 18,974. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,974. Office Supplies: Program service expenses 0. Management and general expenses 14,679. Fundraising expenses 0. Total expenses 14,679. Contributions - Other Charity: Program service expenses 10,839. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,839. Day of celebration: Program service expenses 0. Management and general expenses 0. Fundraising expenses 6,042. Total expenses 6,042. Contract labor: Program service expenses 0. Management and general expenses 5,545. Fundraising expenses 0. Total expenses 5,545. Music license: Program service expenses 4,357. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,357. Meals: Program service expenses 3,497. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,497. Taxes - other: Program service expenses 3,394. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,394. Production: Program service expenses 3,234. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,234. Auto: Program service expenses 2,271. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,271. Dues and subscriptions: Program service expenses 2,162. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,162. Payroll outsourcing: Program service expenses 0. Management and general expenses 2,160. Fundraising expenses 0. Total expenses 2,160. Research: Program service expenses 2,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,000. Merchant account fees: Program service expenses 0. Management and general expenses 1,958. Fundraising expenses 0. Total expenses 1,958. Bank charges: Program service expenses 0. Management and general expenses 1,708. Fundraising expenses 0. Total expenses 1,708. Professional gifts: Program service expenses 1,698. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,698. Miscellaneous: Program service expenses 1,566. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,566. Workmans comp insurance: Program service expenses 1,553. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,553. Equipment expense: Program service expenses 1,050. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,050. Subscriptions: Program service expenses 685. Management and general expenses 0. Fundraising expenses 0. Total expenses 685. Benevolence: Program service expenses 679. Management and general expenses 0. Fundraising expenses 0. Total expenses 679. Special events: Program service expenses 400. Management and general expenses 0. Fundraising expenses 0. Total expenses 400. Office lease expense: Program service expenses 312. Management and general expenses 0. Fundraising expenses 0. Total expenses 312. Equipment rental: Program service expenses 252. Management and general expenses 0. Fundraising expenses 0. Total expenses 252. Continuing education: Program service expenses 0. Management and general expenses 226. Fundraising expenses 0. Total expenses 226. Professional fees: Program service expenses 0. Management and general expenses 221. Fundraising expenses 0. Total expenses 221. Broadcast equipment: Program service expenses 58. Management and general expenses 0. Fundraising expenses 0. Total expenses 58. Licenses and permits: Program service expenses 53. Management and general expenses 0. Fundraising expenses 0. Total expenses 53. Repairs: Program service expenses 43. Management and general expenses 0. Fundraising expenses 0. Total expenses 43.