BETTER LIFE TELEVISION

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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

1988

Legal Domicile

Principal Officer

CHARLIE OLIVER

Phone

5414743089

Tax Period

2023-07-01 to 2024-06-30

BETTER LIFE TELEVISION, founded in 1988, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.1M left a modest 9% surplus.

Mission

TO DEVELOP AND BROADCAST UPLIFTING CHRISTIAN PROGRAMMING.

Program Service Accomplishments

Program 1

Expenses: $877,830

BETTER LIFE TELEVISION BROADCASTING DEVELOPS AND BROADCASTS CHRISTIAN RELIGIOUS AND EDUCATIONAL PROGRAMMING TO AN EVER INCREASING AUDIENCE. BROADCASTS ARE 24 HOURS PER DAY, SEVEN DAYS A WEEK. OUR...

BETTER LIFE TELEVISION BROADCASTING DEVELOPS AND BROADCASTS CHRISTIAN RELIGIOUS AND EDUCATIONAL PROGRAMMING TO AN EVER INCREASING AUDIENCE. BROADCASTS ARE 24 HOURS PER DAY, SEVEN DAYS A WEEK. OUR OBJECTIVE IS TO REACH AS MANY PEOPLE WITH THE SAVING MESSAGE OF JESUS CHRIST. IN ADDITION, WE WANT TO PROVIDE PROGRAMMING THAT WILL ENRICH THE VIEWERS LIVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,140,999

Program Service Revenue $49,680

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,190,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $331,034

Fundraising Expenses $83,892

Program Expenses $877,830

Other Expenses $756,528

TOTAL EXPENSES $1,087,562

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,190,679	$1,174,709	+0.0%
Expenses	$1,087,562	$840,976	+0.3%
Net Income	$103,117	$333,733	-0.7%

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
JOAN PETERSON	Vice President	2.00	Officer Director	$0	$0	$0
CAROLE BLECH	Treasurer	2.00	Officer Director	$0	$0	$0
ED NELSON	Director	2.00	Director	$0	$0	$0
WALTER MACPHEE	Secretary	2.00	Officer Director	$0	$0	$0
KEN BREYER	President	2.00	Officer Director	$0	$0	$0
BRUCE FJARLI	Director	2.00	Director	$0	$0	$0
ANNA ERMSHAR	Director	2.00	Director	$0	$0	$0
PATTY LEE HYLAND	Director	2.00	Director	$0	$0	$0
KIMBERLEI WAGNER	Director	2.00	Officer Director	$0	$0	$0
DICK DUERKSEN	Director	2.00	Director	$0	$0	$0
JOHN SCHULZ	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
2025	No data	No data	No data	No data
2024	$1,190,679	$1,087,562	$2,471,690	$103,117
2023	$1,174,709	$840,976	$2,368,573	$333,733
2022	$872,423	$891,036	$2,034,840	$-18,613
2021	$535,118	$537,517	$2,053,453	$-2,399
2020	$711,611	$533,972	$2,055,852	$177,639
2019	$574,278	$645,722	$1,878,213	$-71,444