Ancient Faith Ministries Formerly Conciliar Media Ministries

EIN: 331061947 501(c)(3) Religion

Chesterton, IN

Total Revenue
$3,793,812
Total Expenses
$3,692,039
Total Assets
$2,120,935
Net Assets
$1,895,923
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CA
Principal Officer
Melinda Johnson
Phone
8009677377
Tax Period
2024-01-01 to 2024-12-31

Ancient Faith Ministries Formerly Conciliar Media Ministries, founded in 2003, is a community nonprofit in the Religion sector that reported $3.8M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

The organization publishes Orthodox Christian books and literature and operates three internet religious radio stations for the purpose of introducing and teaching about Orthodox Christianity to the United States and the rest of the world.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,224,338
Program Service Revenue $0
Investment Income $-143
Other Revenue $2,569,617
TOTAL REVENUE $3,793,812

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,093,358
Fundraising Expenses $0
Program Expenses $2,837,755
Other Expenses $1,598,681
TOTAL EXPENSES $3,692,039

Year-over-Year Comparison

2024 2023 Change
Revenue $3,793,812 $3,468,406 +0.1%
Expenses $3,692,039 $3,480,814 +0.1%
Net Income $101,773 $-12,408 -9.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
26
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$135,387
Total Directors
9
$39,950
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melinda Johnson President & CEO 40.00
Officer
$109,611 $25,776 $135,387
Robert Maddex Digital Media Dir. 40.00
$106,411 $25,812 $132,223
Nancy Colakovic Dir. of Finance 40.00
$115,313 $5,410 $120,723
John Maddex Secretary 40.00
Director
$37,700 $2,250 $39,950
Deacon Tom Braun Chairman 0.50
Director
$0 $0 $0
Father Tom Zell Trustee 0.50
Director
$0 $0 $0
Dennis Awad Trustee 0.50
Director
$0 $0 $0
Brandon Baca Trustee 0.50
Director
$0 $0 $0
Scott Davenport Trustee 0.50
Director
$0 $0 $0
Karen Sibert MD Trustee 0.50
Director
$0 $0 $0
Monica Youssef Trustee 0.50
Director
$0 $0 $0
Mark Yniguez Trustee 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,793,812 $3,692,039 $2,120,935 $101,773
2023 $3,468,406 $3,480,814 $1,981,388 $-12,408
2022 $3,097,366 $3,081,463 $2,015,644 $15,903
2021 $3,110,597 $2,307,399 $2,111,722 $803,198
2020 $2,125,102 $1,894,621 $1,302,048 $230,481
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