2025-11-04T08:10:40-06:00 2024-12-31 450473857 Crouch Joslyn Group PLLC 4505 Country Club Rd Ste 100 WinstonSalem NC 27104 990 2024-01-01 582003177 Triad Family Network Inc TRIA 3367771008 1249 Trade Street WinstonSalem NC 271011550 Philip T Watson President 3367771008 2025-10-29 1 0 Donald S Kinney P00008748 3367688000 2024 2025-03-06 01:10:19Z WBFJ-FM Philip T Watson 1249 Trade Street WinstonSalem NC 271011550 675946 0 X wbfj.fm X 1991 NC Religious and Educational Broadcasting 6 4 11 0 0 0 521622 444341 178709 191454 19890 27135 15302 12842 735523 675772 0 0 0 0 299979 305014 0 0 11676 459187 478920 759166 783934 -23643 -108162 869638 762177 4937 5638 864701 756539 Religious and Educational Broadcasting 0 0 677676 Religious and Educational Broadcasting to Listeners in the Piedmont Triad Area of North Carolina 677676 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 15 0 11 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 36000 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 26215 0 0 Holly W Potter Trustee 0.00 X 0 0 0 26215 0 36000 0 0 0 0 0 444341 444341 AM Underwriting Income 516100 62267 62267 On Air Acknowledgement 516100 47271 47271 Underwriting Income 516100 42525 42525 Program Underwriting 516100 27962 27962 Miscellaneous income 516100 11429 11429 191454 27309 27309 7050 0 7050 7050 7050 174 -174 -174 -174 Sales Tax Refund from 900099 3253 3253 Reimbursed Expenses 900099 2539 2539 5792 675772 204122 0 27309 X 26215 26215 257005 257005 21794 21794 22 22 19459 14283 5176 16949 16949 344 344 20991 20991 Office overhead 90000 45000 45000 Rent - Towers 41557 41557 Trade discount 37658 37658 Ministers Housing Allow 36000 36000 215940 191434 18006 6500 783934 677676 94582 11676 59088 29413 621340 564719 541292 373247 189210 168045 869638 762177 4937 5638 4937 5638 X 864701 756539 864701 756539 869638 762177 -108162 0 X 0 0 0 X 568783 702576 730579 704783 641413 3348134 568783 702576 730579 704783 641413 3348134 8000 8000 25000 20000 17500 78500 38800 12010 2545 2645 7909 63909 46800 20010 27545 22645 25409 142409 3205725 27661 23450 14877 30740 34359 131087 27661 23450 14877 30740 34359 131087 596444 726026 745456 735523 675772 3479221 0.92140 0.91530 0.03770 0.03420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31540 31540 30597 22764 7833 280298 244957 35341 198857 105526 93331 168045 Credit Card payable 5638 5638 Phil and Jean Watson Officers 18000 Tower and building rent, other services 0 Resource Management of NC Business owned by Phil Watson 90000 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 Insurance: Program service expenses 22,306. Management and general expenses 5,912. Fundraising expenses 0. Total expenses 28,218. Utilities: Program service expenses 25,176. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,176. Contract services: Program service expenses 22,149. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,149. Contributions - Other Charity: Program service expenses 19,211. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,211. Rent - Building: Program service expenses 18,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,000. Equipment expense: Program service expenses 383. Management and general expenses 9,702. Fundraising expenses 0. Total expenses 10,085. Simple IRA employer paid: Program service expenses 7,822. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,822. Contract services: Program service expenses 7,737. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,737. Meals: Program service expenses 7,063. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,063. Restricted Expenses: Program service expenses 6,746. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,746. Miscellaneous: Program service expenses 6,650. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,650. Lease - Vehicle: Program service expenses 6,604. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,604. 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 5,400. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,400. Taxes - other: Program service expenses 4,615. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,615. Music license: Program service expenses 4,349. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,349. Merchant account fees: Program service expenses 3,740. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,740. Auto: Program service expenses 3,629. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,629. Production: Program service expenses 3,505. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,505. Concert Expense: Program service expenses 3,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,150. Payroll outsourcing: Program service expenses 2,336. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,336. Research: Program service expenses 2,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,200. Dues and subscriptions: Program service expenses 1,932. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,932. Professional gifts: Program service expenses 1,740. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,740. Special events: Program service expenses 1,510. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,510. AFLAC insurance: Program service expenses 0. Management and general expenses 1,323. Fundraising expenses 0. Total expenses 1,323. Subscriptions: Program service expenses 1,242. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,242. Service agreement: Program service expenses 0. Management and general expenses 969. Fundraising expenses 0. Total expenses 969. Software Expense: Program service expenses 920. Management and general expenses 0. Fundraising expenses 0. Total expenses 920. Repairs: Program service expenses 682. Management and general expenses 0. Fundraising expenses 0. Total expenses 682. Office lease : Program service expenses 395. Management and general expenses 0. Fundraising expenses 0. Total expenses