BEECH STREET COMMUNICATIONS CORPORATION

EIN: 710659011 501(c)(3)

TEXARKANA, AR

Total Revenue
$123,291
Total Expenses
$187,840
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
AR
Principal Officer
ARTHUR CHRISTY
Phone
8707743500
Tax Period
2020-01-01 to 2020-12-31

BEECH STREET COMMUNICATIONS CORPORATION, founded in 1988, is a small nonprofit that reported $123K in total revenue in fiscal year 2020. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $188K exceeded revenue, resulting in a 52% operating deficit.

Mission

PART I, LINE 1, PART III, LINE 1 KLFI - TV 35 WAS ESTABLISHED IN 1988 WITH THE EXPRESS PURPOSE OF BRINGING FAMILY PROGRAMMING TO THE PEOPLE OF TEXARKANA AND THE SURROUNDING AREA. THE GOAL OF THE STATION WAS NOT ONLY TO BRING RELIGIOUS BROADCASTING TO THE AREA, BUT TO ALSO FOCUS ON THE POSITIVE ACTIVITIES THAT ARE OCCURRING IN OUR TOWN. OUR GOAL IS TO BE PART OF OUR COMMUNITY BY PROVIDING G-RATED PROGRAMMING FROM THE WALK NETWORK ALONG WITH SPECIAL EVENTS IN OUR AREA INCLUDING HIGH SCHOOL SPORTS, OUTDOOR SPORTS, PARADES, LOCAL TALK SHOWS AND INFORMATIONAL PROGRAMS INCLUDING HEALTH PROGRAMS, HOW-TO PROGRAMS AND NATIONAL NEWS WITH A SLANT TOWARD THE CHRISTIAN HOUSEHOLD.

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Trantor Score

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $28,430
Program Service Revenue $46,495
Investment Income $46,493
Other Revenue $1,873
TOTAL REVENUE $123,291

Expense Breakdown

Grants Paid $48,433
Salaries & Benefits $88,816
Fundraising Expenses $0
Program Expenses $187,840
Other Expenses $50,591
TOTAL EXPENSES $187,840

Year-over-Year Comparison

2020 2019 Change
Revenue $123,291 $175,975 -0.3%
Expenses $187,840 $227,508 -0.2%
Net Income $-64,549 $-51,533 +0.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
15

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
$48,461
Total Directors
6
$48,461
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARTHUR CHRISTY DIRECTOR 2.00
Director
$0 $0 $0
LINDA LAREY DIRECTOR 2.00
Director
$0 $0 $0
BARBARA MCWILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
JOE ADAMS DIRECTOR 2.00
Director
$0 $0 $0
CRAIG JENKINS DIRECTOR 2.00
Director
$0 $0 $0
DONALD E WALKER JR EXECUTIVE DI 40.00
Officer Director
$48,461 $0 $48,461
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
2020 $123,291 $187,840 No data $-64,549
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