GOSPEL BROADCASTINGINC

EIN: 562160579 501(c)(3) Religion

DOBSON, NC

Total Revenue
$275,337
Total Expenses
$264,697
Total Assets
$711,299
Net Assets
$506,566
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NC
Principal Officer
RICKY L COTHREN
Phone
3363561560
Tax Period
2024-01-01 to 2024-12-31

GOSPEL BROADCASTINGINC, founded in 1999, is a small nonprofit in the Religion sector that reported $275K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $265K left a modest 4% surplus.

Mission

TO GET THE GOSPEL OF THE LORD JESUS CHRIST OUT TO THE WORLD. OPERATED FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES AS DEFINED BY SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE

Program Service Accomplishments

Program 1
Expenses: $92,039 Revenue: $85,805

WYZD RADIO REACHES OUT TO THE WORLD BY RADIO AND ON THE INTERNET. IT HAS THE POTENTIAL LISTENING AUDIENCE OF 96,000. IT INFORMS LISTENERS ON THE DOCTURINES OF JESUS CHRIST. IT AIRS BIBLE TEACHINGS...

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WYZD RADIO REACHES OUT TO THE WORLD BY RADIO AND ON THE INTERNET. IT HAS THE POTENTIAL LISTENING AUDIENCE OF 96,000. IT INFORMS LISTENERS ON THE DOCTURINES OF JESUS CHRIST. IT AIRS BIBLE TEACHINGS AND CHRISTIAN MUSIC TO HELP ENCOURGE, EDUCATE AND UPLIFT THE LISTENER. IT OPERATES DAILY 24 HOURS A DAY ON THE RADIO AND INTERNET.

Program 2
Expenses: $77,884 Revenue: $37,077

WCOK REACHES OUT TO THE WORLD BY RADIO, INTERNET AND TELEVISION. IT HAS THE POTENIAL LISTENING AUDIENCE OF 72,000. IT INFORMS LISTENERS ON THE DOCTRINES OF JESUS CHRIST, AIRS BIBLE TEACHINGS AND...

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WCOK REACHES OUT TO THE WORLD BY RADIO, INTERNET AND TELEVISION. IT HAS THE POTENIAL LISTENING AUDIENCE OF 72,000. IT INFORMS LISTENERS ON THE DOCTRINES OF JESUS CHRIST, AIRS BIBLE TEACHINGS AND CHRISTIAN MUSIC TO HELP ENCOURGE, EDUCATE AND UPLIFT THE LISTENER. IT OPERATES 24 HOURS A DAY ON THE RADIO, INTERNET AND TV.

Program 3
Expenses: $61,702 Revenue: $0

THE GOSPEL PULPIT RADIO BROADCAST IS HEARD DAILY ON SEVERAL RADIO STATIONS. THROUGH ITS MINISTRY, IT OFFERS PREACHING AND TEACHING OF JESUS CHRIST. ITS PURPOSE IS TO EDUCATE AND TO HELP LISTENERS...

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THE GOSPEL PULPIT RADIO BROADCAST IS HEARD DAILY ON SEVERAL RADIO STATIONS. THROUGH ITS MINISTRY, IT OFFERS PREACHING AND TEACHING OF JESUS CHRIST. ITS PURPOSE IS TO EDUCATE AND TO HELP LISTENERS LIVE BETTER LIVES. IT REACHES AN ESTIMATED THOUSANDS OF LISTENERS PER DAY

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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 $150,772
Program Service Revenue $122,879
Investment Income $1,686
Other Revenue $0
TOTAL REVENUE $275,337

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,183
Fundraising Expenses $0
Program Expenses $264,697
Other Expenses $154,514
TOTAL EXPENSES $264,697

Year-over-Year Comparison

2024 2023 Change
Revenue $275,337 $327,428 -0.2%
Expenses $264,697 $307,903 -0.1%
Net Income $10,640 $19,525 -0.5%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
5
Volunteers
1

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICKY COTHREN PRESIDENT 30.00
Director
$0 $0 $0
JASON JOHNSON SECRETARY/TREASURER 0.00
Director
$0 $0 $0
JERRY PARDUE MEMBER 0.00
Director
$0 $0 $0
GARY PORTER VICE PRESIDENT 0.00
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
2025 No data No data No data No data
2024 $275,337 $264,697 $711,299 $10,640
2023 $327,428 $307,903 $700,814 $19,525
2022 $290,632 $191,122 $290,632 $99,510
2021 $237,312 $200,482 $174,195 $36,830
2018 $204,726 $188,415 $129,600 $16,311
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