EDUCATIONAL COMMUNICATIONS OF COLO… - Form 990 Financial Data

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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

1987

Legal Domicile

Principal Officer

RONALD JOHNSON

Phone

7195930600

Tax Period

2024-01-01 to 2024-12-31

EDUCATIONAL COMMUNICATIONS OF COLORADO SPRINGS, founded in 1987, is a small nonprofit in the Religion sector that reported $902K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $853K left a modest 5% surplus.

Mission

EDUCATIONAL COMMUNICATIONS OF COLORADO SPRINGS IS THE PARENT COMPANY OF THE KTLF RADIO NETWORK. THE NETWORK BROADCASTS FOUR FORMATS CALLED THE LIGHT, THE LEGACY, REFLECTIONS, AND LIFE TALK.(CONTINUED ON SCHEDULE O)OUR MINISTRY MISSION IS TO ESTABLISH, ENCOURAGE, AND EQUIP BELIEVERS IN THEIR DAILY WALK WITH JESUS CHRIST.

Program Service Accomplishments

Program 1

Expenses: $640,232 Revenue: $61,635

EDUCATIONAL COMMUNICATIONS OF COLORADO SPRINGS OPERATES THE KTLF RADIO NETWORK, A LISTENER-SUPPORTED, NON-PROFIT CHRISTIAN RADIO MINISTRY. THE NETWORK IS MADE UP OF MULTIPLE FACILITIES ACROSS THE...

EDUCATIONAL COMMUNICATIONS OF COLORADO SPRINGS OPERATES THE KTLF RADIO NETWORK, A LISTENER-SUPPORTED, NON-PROFIT CHRISTIAN RADIO MINISTRY. THE NETWORK IS MADE UP OF MULTIPLE FACILITIES ACROSS THE STATE OF COLORADO THAT SERVE BOTH URBAN AND RURAL COMMUNITIES. THE NETWORK BROADCASTS SEVERAL FORMATS WHICH ARE ALSO AVAILABLE DIGITALLY VIA THE WEBSITE AND A SMARTPHONE APP.

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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 (2024)

Revenue Breakdown

Contributions & Grants $818,400

Program Service Revenue $61,635

Investment Income $988

Other Revenue $21,283

TOTAL REVENUE $902,306

Expense Breakdown

Grants Paid $100

Salaries & Benefits $300,552

Fundraising Expenses $23,326

Program Expenses $640,232

Other Expenses $552,200

TOTAL EXPENSES $852,852

Year-over-Year Comparison

	2024	2023	Change
Revenue	$902,306	$772,823	+0.2%
Expenses	$852,852	$801,307	+0.1%
Net Income	$49,454	$-28,484	-2.7%

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

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD JOHNSON	PRESIDENT	30.00	Officer Director	$0	$0	$0
GREG NYQUIST	VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
LAUREN LIBBY	DIRECTOR	2.00	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
2024	$902,306	$852,852	$231,868	$49,454
2023	$772,823	$801,307	$181,702	$-28,484
2022	$663,099	$744,524	$259,906	$-81,425
2021	$742,655	$787,142	$281,392	$-44,487
2020	$709,316	$824,353	$287,963	$-115,037
2019	$671,952	$766,482	$399,065	$-94,530
2018	$710,345	$785,328	$476,321	$-74,983

EDUCATIONAL COMMUNICATIONS OF COLORADO SPRINGS