Three Angels Broadcasting Network Inc

EIN: 371179056 501(c)(3) Religion

West Frankfort, IL

Total Revenue
$15,240,041
Total Expenses
$15,204,228
Total Assets
$67,401,095
Net Assets
$25,577,328
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IL
Principal Officer
Greg Morikone
Phone
6186274651
Tax Period
2024-01-01 to 2024-12-31

Three Angels Broadcasting Network Inc, founded in 1985, is a mid-sized nonprofit in the Religion sector that reported $15.2M in total revenue in fiscal year 2024.

Mission

The mission of Three Angels Broadcasting Network is to proclaim the gospel of salvation through Jesus Christ, and herald his soon return. We do this through the medium of television, radio, and the internet. It is also our mission to continue the healing ministry of Jesus Christ through programs on various health and recovery topics.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,552,434
Program Service Revenue $1,281,650
Investment Income $220,603
Other Revenue $1,185,354
TOTAL REVENUE $15,240,041

Expense Breakdown

Grants Paid $679,188
Salaries & Benefits $7,490,764
Fundraising Expenses $0
Program Expenses $12,098,377
Other Expenses $7,034,276
TOTAL EXPENSES $15,204,228

Year-over-Year Comparison

2024 2023 Change
Revenue $15,240,041 $15,083,627 +0.0%
Expenses $15,204,228 $14,889,812 +0.0%
Net Income $35,813 $193,815 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
5
Employees
152
Volunteers
18

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
3
$281,935
Total Directors
7
$163,814
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Danny Shelton Consultant 40.00
Director
$98,952 $0 $98,952
Yvonne Lewis-Shelton Trustee 40.00
Director
$64,862 $0 $64,862
Bruce Fjarli Trustee 0.00
Director
$0 $0 $0
Paul Karmy Trustee 0.00
Director
$0 $0 $0
Pat McNeilus Trustee 0.00
Director
$0 $0 $0
David Shin Trustee 0.00
Director
$0 $0 $0
Carmelita Troy Trustee 0.00
Director
$0 $0 $0
Greg Morikone President 40.00
Officer
$100,392 $0 $100,392
Jill Morikone Vice President/Secretary 40.00
Officer
$96,523 $0 $96,523
Jason Bergmann CFO/Treasurer 40.00
Officer
$85,020 $0 $85,020
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 $15,240,041 $15,204,228 $67,401,095 $35,813
2023 $15,083,627 $14,889,812 $70,058,857 $193,815
2022 $14,843,649 $14,594,048 $72,102,654 $249,601
2021 $16,993,879 $13,982,112 $81,435,575 $3,011,767
2020 $14,702,592 $15,018,532 $76,535,270 $-315,940
2019 $2,997,405 $13,738,042 $79,290,729 $-10,740,637
2018 $14,146,278 $14,357,400 $95,666,248 $-211,122
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Three Angels Broadcasting Network Inc with other nonprofits in Illinois and across the country.