Houston Christian Broadcasters Inc

EIN: 741401846 501(c)(3) Arts, Culture & Humanities

Houston, TX

Total Revenue
$4,342,641
Total Expenses
$4,392,829
Total Assets
$15,595,068
Net Assets
$15,564,900
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
TX
Principal Officer
SCOTT KRUS
Phone
7135205200
Tax Period
2023-01-01 to 2023-12-31

Houston Christian Broadcasters Inc, founded in 1962, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.3M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Net assets of $15.6M represent 43 months of operating reserves.

Mission

PROVIDE TEACHING OF THE WORD OF GOD AND RELIGIOUS MUSIC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,062,870
Program Service Revenue $0
Investment Income $278,278
Other Revenue $1,493
TOTAL REVENUE $4,342,641

Expense Breakdown

Grants Paid $1,200
Salaries & Benefits $1,624,694
Fundraising Expenses $149,049
Program Expenses $3,707,480
Other Expenses $2,766,935
TOTAL EXPENSES $4,392,829

Year-over-Year Comparison

2023 2022 Change
Revenue $4,342,641 $6,190,030 -0.3%
Expenses $4,392,829 $4,169,739 +0.1%
Net Income $-50,188 $2,020,291 -1.0%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
24
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
6
$220,750
Total Directors
7
$125,000
Key Employees
1
$151,042
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW NIX DIGITAL MEDIA DIRECTOR 40.0
Key Emp
$151,042 $0 $151,042
BRUCE E MUNSTERMAN PRESIDENT 50.0
Officer Director
$125,000 $0 $125,000
DAVID JUENGEL DIRECTOR - FINANCE AND ADMIN 40.0
Highest
$114,583 $0 $114,583
BONNIE B PHILLIPS ASST. GENERAL MGR. 40.0
Officer
$95,750 $0 $95,750
DANIEL DOMINGUEZ BOARD MEMBER 0.0
Director
$0 $0 $0
GARRETT GIBSON VICE CHAIRMAN 0.0
Officer Director
$0 $0 $0
MICHAEL JOBE CHAIRMAN 0.0
Officer Director
$0 $0 $0
GREG FRAZIER TREASURER 0.0
Officer Director
$0 $0 $0
LEE SKINNER SECRETARY 0.0
Officer Director
$0 $0 $0
THOMAS SUFFIELD BOARD MEMBER 0.0
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 No data No data No data No data
2023 $4,342,641 $4,392,829 $15,595,068 $-50,188
2022 $6,190,030 $4,169,739 $14,591,808 $2,020,291
2021 $4,581,880 $3,424,468 $13,908,658 $1,157,412
2020 $3,567,055 $3,035,662 $12,483,967 $531,393
2019 $8,962,514 $2,999,976 $10,944,840 $5,962,538
2018 $2,933,544 $3,055,366 $4,978,865 $-121,822
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