Family Life Broadcasting System

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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

1983

Legal Domicile

Principal Officer

Mack A Piotrowski

Phone

5207426976

Tax Period

2022-07-01 to 2023-06-30

Family Life Broadcasting System, founded in 1983, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2022. Expenses of $6.0M left a modest 3% surplus.

Mission

Religious radio broadcasting

Program Service Accomplishments

Program 1

Expenses: $4,912,992 Revenue: $5,793,010

Family Life Broadcasting System (dba Family Life Radio) owns and operates non-commercial radio stations and translators in Arizona,Texas, New Mexico, Wisconsin, Georgia, Florida, Tennessee, Kansas...

Family Life Broadcasting System (dba Family Life Radio) owns and operates non-commercial radio stations and translators in Arizona,Texas, New Mexico, Wisconsin, Georgia, Florida, Tennessee, Kansas, Colorado and California. Each station broadcasts Christian music and teaching programs designed to inspire hope among listeners. In addition, each station serves the local public interest by hosting free public service announcements on its website, airing news and programs relevant to the community, and by extensive involvement in community service events and work. Family Life Radio is a listener supported, non-profit, 501 (c)(3) Organization.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $5,793,010

Program Service Revenue $204,878

Investment Income $128,972

Other Revenue $40,132

TOTAL REVENUE $6,166,992

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,977,742

Fundraising Expenses $517,421

Program Expenses $4,912,992

Other Expenses $2,887,144

TOTAL EXPENSES $5,952,700

Year-over-Year Comparison

	2022	2021	Change
Revenue	$6,166,992	$6,294,681	0.0%
Expenses	$5,952,700	$5,316,408	+0.1%
Net Income	$214,292	$978,273	-0.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

160

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

$854,250

Total Directors

$394,450

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Randy L Carlson	Chairman	1.00	Officer Director	$0	$4,283	$193,137
Evan Carlson	President/CEO	1.00	Officer Director	$0	$15,987	$201,313
Mack A Piotrowski	Treasurer/CFOO	1.00	Officer	$0	$15,428	$169,938
Michael Kankelfritz	Chief Broadcast Engagement Officer	1.00	Officer	$0	$15,522	$164,404
Adam Biddell	Chief Broadcast Systems Officer	1.00	Officer	$0	$12,492	$125,458
Larry Carlson	Director	1.00	Director	$0	$0	$0
Michael D Miller	Director	1.00	Director	$0	$0	$0
Troy Bancroft	Director	1.00	Director	$0	$0	$0
Dennis Wilson	Director/Secretary	1.00	Officer Director	$0	$0	$0
Rod Robison	Director	1.00	Director	$0	$0	$0
John Vryhof	Director	1.00	Director	$0	$0	$0
Lars Carlson	Director	1.00	Director	$0	$0	$0
Brenda Stone	Director	1.00	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
2023	$6,166,992	$5,952,700	No data	$214,292
2022	$6,294,681	$5,316,408	$17,890,227	$978,273
2021	$6,997,211	$3,344,026	$16,789,699	$3,653,185
2019	$6,103,516	$3,823,244	$13,080,170	$2,280,272