LIVING FAITH MINISTRIES INC

Address
PO BOX 1867
ABINGDON, VA 242121867
Contact
Website: http://livingfaithtv.com
Phone: +1 (276) 676-3806
Nonprofit
NTEE: X80 - Religious Media, Communications Organizations
EIN: 54-1375229

Mission

TO PROVIDE RELIGIOUS AND EDUCATIONAL PROGRAMMING TO MEET THE NEEDS OF THE MEMBERSHIP AND SUPPORTERS OF THE NETWORK.
 20162015201420132012
Basic features of the organization
Year of formation2004
Subsection code03
Form of organization
CorporationTrue
Metropolitan statistical area3660
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$196,703.00$205,556.00$198,631.00$600,476.00$576,689.00
Sum of reportable (W2/1099) compensation$194,515.00$192,838.00$198,631.00$195,691.00$198,540.00
Number of employees1413000
Number of people compensated >$100k11111
Number of volunteers00000
Number of highly compensated contractors0000 
Personnel
Smith, James
TitleDIRECTORDIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated personREV JAMES SMITHREV JAMES SMITHREV JAMES SMITHREV JAMES SMITHREV JAMES SMITH
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Smith, Lisa
TitleV-P & SECRETARY/DIRECTORV-P & SECRETARY/DIRECTORV-P & SECRETARY/DIRECTORV-P & SECRETARY/DIRECTORV-P & SECRETARY/DIRECTOR
Name of key/compensated personLISA SMITHLISA SMITHLISA SMITHLISA SMITHLISA SMITH
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org50.0050.0050.0050.0050.00
Reportable compensation from org$78,267.00$77,222.00$82,020.00$81,341.00$85,757.00
Other comp, non-reportable, from org and related orgs$12,541.00$12,717.00$0.00$16,968.00$17,110.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Smith, Michael
TitlePRESIDENT/DIRECTORPRESIDENT/DIRECTORPRESIDENT/DIRECTORPRESIDENT/DIRECTORPRESIDENT/DIRECTOR
Name of key/compensated personMICHAEL D SMITHMICHAEL D SMITHMICHAEL D SMITHMICHAEL D SMITHMICHAEL D SMITH
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org50.0050.0050.0050.0050.00
Reportable compensation from org$116,248.00$115,616.00$116,611.00$114,350.00$112,783.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Ward, Alan
TitleDIRECTORDIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated personALAN WARDALAN WARDALAN WARDALAN WARDALAN WARD
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROVIDE RELIGIOUS AND EDUCATIONAL PROGRAMMING TO THE VIEWING AUDIENCE AND SUPPORTERS OF THE NETWORK.TO PROVIDE RELIGIOUS AND EDUCATIONAL PROGRAMMING TO THE VIEWING AUDIENCE AND SUPPORTERS OF THE NETWORK.TO PROVIDE RELIGIOUS AND EDUCATIONAL PROGRAMMING TO THE VIEWING AUDIENCE AND SUPPORTERS OF THE NETWORK.TO PROVIDE RELIGIOUS AND EDUCATIONAL PROGRAMMING TO THE VIEWING AUDIENCE AND SUPPORTERS OF THE NETWORK.TO PROVIDE RELIGIOUS AND EDUCATIONAL PROGRAMMING TO THE VIEWING AUDIENCE AND SUPPORTERS OF THE NETWORK.
Program service expenses, total$809,430.00$847,379.00$874,450.00$840,026.00$797,137.00
Programs, including revenue & expenses
1. BROADCASTING THROUGH THE MEDIA OF TELEVISION, PROGRAMMING THAT PROMOTES THE GOSPEL OF JESUS CHRIST.2. PROGRAMMING TO PROMOTE BIBICAL PRINCIPLES OF THE GOSPEL OF JESUS CHRIST TO HOSPITALS, JAILS AND PRISONS.3. BROADCASTING TO 1.8 MILLION HOMES WITH CHRISTIAN PROGRAMMING, INCLUDNG MUSIC, EDUCATION AND TEACHING BIBICAL PRINCIPLES.
Program expenses$809,430.00$847,379.00$291,483.00$280,009.00$265,712.00
Program revenue$3,360,950.00$897,240.00$304,546.00$311,244.00$381,955.00
Grants and allocations made$2,000.00    
Program description1. BROADCASTING THROUGH THE MEDIA OF TELEVISION, PROGRAMMING THAT PROMOTES THE GOSPEL OF JESUS CHRIST.2. PROGRAMMING TO PROMOTE BIBICAL PRINCIPLES OF THE GOSPEL OF JESUS CHRIST TO HOSPITALS, JAILS AND PRISONS.3. BROADCASTING TO 1.8 MILLION HOMES WITH CHRISTIAN PROGRAMMING, INCLUDNG MUSIC, EDUCATION AND TEACHING BIBICAL PRINCIPLES.1. BROADCASTING THROUGH THE MEDIA OF TELEVISION, PROGRAMMING THAT PROMOTES THE GOSPEL OF JESUS CHRIST.2. PROGRAMMING TO PROMOTE BIBICAL PRINCIPLES OF THE GOSPEL OF JESUS CHRIST TO HOSPITALS, JAILS AND PRISONS.3. BROADCASTING TO 1.8 MILLION HOMES WITH CHRISTIAN PROGRAMMING, INCLUDNG MUSIC, EDUCATION AND TEACHING BIBICAL PRINCIPLES.PROGRAMMING TO PROMOTE BIBICAL PRINCIPLES OF THE GOSPEL OF JESUS CHRIST TO HOSPITALS, JAILS AND PRISONS.PROGRAMMING TO PROMOTE BIBICAL PRINCIPLES OF THE GOSPEL OF JESUS CHRIST TO HOSPITALS, JAILS AND PRISONS.BROADCASTING THROUGH THE MEDIA OF TELEVISION PROGRAMMING THAT PROMOTES THE GOSPEL OF JESUS CHRIST.
PROGRAMMING BASED UPON THE IDEALS OF FREEDOM OF WORSHIP.
Program expenses    $265,713.00
Program revenue    $381,955.00
Program description    PROGRAMMING BASED UPON THE IDEALS OF FREEDOM OF WORSHIP.
Financial data
Revenue
Total revenue$3,799,321.00$1,487,635.00$1,749,316.00$1,655,676.00$2,184,354.00
Revenue from contributions (total)$272,668.00$352,301.00$677,826.00$541,189.00$797,323.00
Investment income, current yr$3,184.00$683.00$713.00$2,056.00$408.00
Total revenue from grants, etc., current yr$272,668.00$352,301.00$677,826.00$541,189.00$797,323.00
Total unrelated business revenue    $241,166.00
Other revenue, current yr$2,570,989.00$0.00$0.00$64,475.00$251,415.00
Net unrelated business taxable revenue$3,468.00-$12,737.00$49,187.00$40,802.00$241,166.00
Program service revenue (total)$952,480.00$1,134,651.00$1,070,777.00$1,047,956.00$1,135,208.00
Sources of contributions
Revenue from all other contributions$272,668.00$352,301.00$677,826.00$541,189.00$797,323.00
Other types of revenue
Miscellaneous revenue (total)$2,570,989.00  $64,475.00$251,415.00
Investment income$3,184.00$683.00$713.00$2,056.00$408.00
Expense categories (totals)
Total functional expenses: sum of all$1,710,502.00$1,665,160.00$1,747,847.00$1,816,331.00$1,886,572.00
Total functional expenses: program service $809,430.00$847,379.00$874,450.00$840,026.00$797,137.00
Total functional expenses: management and general$800,646.00$694,661.00$656,121.00$748,620.00$824,803.00
Total functional expenses: fundraising$100,426.00$123,120.00$217,276.00$227,685.00$264,632.00
Fees for services
Legal fees (total)$41,807.00$29,232.00$11,165.00$13,751.00$40,728.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$4,178,848.00$2,180,235.00$2,381,603.00$2,417,051.00$2,349,806.00
Total assets, beginning of year$2,180,235.00$2,381,603.00$2,417,051.00$2,349,806.00$2,123,351.00
Total liabilities$124,822.00$215,030.00$238,874.00$275,791.00$47,891.00
Total liabilities, beginning of year$215,030.00$238,874.00$275,791.00$47,891.00$119,218.00
Pledges & accounts receivable, net$15,428.00$36,941.00$77,918.00$104,146.00$87,084.00
Unrestricted net assets, end of yr$4,038,598.00$1,928,264.00$2,064,811.00$2,037,114.00$2,214,831.00
Temporarily restricted net assets$15,428.00$36,941.00$77,918.00$104,146.00$87,084.00
Net assets$4,054,026.00$1,965,205.00$2,142,729.00$2,141,260.00$2,301,915.00
Net assets, beginning of year$1,965,205.00$2,142,729.00$2,141,260.00$2,301,915.00$2,004,133.00
Other assets$416,915.00$416,815.00$415,815.00$479,815.00$435,815.00
Cash: non-interest bearing$241,257.00$618,462.00$478,155.00$391,750.00$646,954.00
Cash: non-interest bearing, beginning of year$618,462.00$478,155.00$391,750.00$646,954.00$422,816.00
Inventories for sale or use$9,951.00$5,099.00$5,235.00$9,112.00$8,179.00
Other financial variables
Revenue less expenses$2,088,819.00-$177,525.00$1,469.00-$160,655.00$297,782.00
Savings & temp cash investment$2,619,723.00$169,440.00$344,867.00$320,636.00$168,579.00
Accounts receivable, net$18,353.00$23,791.00$23,496.00$12,702.00$7,201.00
Prepaid expenses & deferred charges$7,880.00$10,573.00$8,600.00$31,339.00$8,494.00
Accounts payable & accrued expenses$22,924.00$34,237.00$27,481.00$50,567.00$16,440.00
Deferred revenue$58,524.00$12,969.00$36,886.00$44,033.00$31,451.00
Secured mortgages and notes payable$43,374.00$167,824.00$174,507.00$181,191.00$0.00
Total net assets or fund balances$4,054,026.00$1,965,205.00$2,142,729.00$2,141,260.00$2,301,915.00
Depreciation, depletion, amortization$111,593.00$128,404.00$146,174.00$116,642.00$102,013.00
Governance and accountability
Number of voting members44444
Number of independent voting members22222
Relationships among key personnelTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
IRS schema version2016v3.02015v2.12014v5.02013v3.02012v2.1
Filing identifier201732559349301113201642439349300734201511959349300976201411759349300601201322109349300702
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