Global Evangelism Television Inc in San Antonio, Texas (TX)

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Global Evangelism Television Inc
Employer Identification Number (EIN)741986308
Name of OrganizationGlobal Evangelism Television Inc
AddressSan Antonio, TX 78232
Tax Period2003
Asset Amount$5,753,810
Amount of Income$18,111,814
Form 990 Revenue Amount$18,111,814
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Religious Television


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Amount of income in 2003: $18,111,814
Global Evangelism Television Inc: 

 $18,111,814
Other organizations performing similar types of work: 

 $3,048,247

Assets in 2003: $5,753,810
This organization: 

 $5,753,810
Other organizations performing similar types of work: 

 $3,015,189

Expenses in 2003: $19,136,572
Global Evangelism Television Inc: 

 $19,136,572
Other organizations performing similar types of work: 

 $3,333,149

Income to expenses ratio in 2003: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 0.9

Expenses allocated to program services in 2003: 77.6%
This organization: 

 77.6%
Other organizations performing similar types of work: 

 77.6%

Number of employees in 2003: 134
This organization: 

 134
Other organizations performing similar types of work: 

 30

Employees paid over $50,000 in 2003: 3.7%
This organization: 

 3.7%
Other organizations performing similar types of work: 

 8.8%

Grants share in income in 2003: 88.2%
Global Evangelism Television Inc: 

 88.2%
Other organizations performing similar types of work: 

 46.5%

Financial snapshot ($)

Revenue for 2003

Assets at end of 2003

Expenses for 2003

Functional Expenses for 2003 ($)

Income-Producing Activities for 2003

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022003
Total revenue$16,708,364$18,319,861$17,736,492$18,111,814
Contributions, gifts, grants, and similar amounts received$10,992,689$12,344,313$13,801,972$15,971,982
Contributions to donor advised funds
Direct public support$10,795,543$12,162,501$13,663,917$15,799,181
Indirect public support$197,146$181,812$138,055$172,801
Government contributions (grants)$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$0$0$0$0
Interest on savings and temporary cash investments$127,560$23,796$57,910$35,829
Dividends and interest from securities$0$7$42$57
Net rental income or (loss)$203,632$420,784$5,396$-62,914
Gross rents$203,632$420,781$299,079$282,002
Less: rental expenses$0$0$293,683$344,916
Other investment income$0$0$0$0
Gain or (loss) from sales of assets other than inventory$469,000$421,137$0$265,221
Gross amount from sales of assets other than inventory$3,300,000$3,353,080$0$1,126,716
Less: cost or other basis and sales expenses$2,831,000$2,931,943$0$861,495
Net income or (loss) from special events and activities$0$0$0$0
Gross revenue$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0
Gross profit or (loss) from sales of inventory$4,915,483$4,829,424$3,460,433$1,890,212
Gross sales of inventory, less returns and allowances$8,660,652$8,408,863$7,105,851$8,399,204
Less: cost of goods sold$3,745,169$3,579,439$3,645,418$6,508,992
Other revenue$0$280,400$410,739$11,427
Total expenses$16,793,704$17,197,261$20,239,855$19,136,572
Program services$14,798,277$14,963,232$17,925,150$14,858,933
Management and general$1,062,998$1,307,467$1,204,938$1,264,997
Fundraising$932,429$926,562$1,109,767$3,012,642
Payments to affiliates$0$0$0$0
Net assets or fund balances at end of year$9,261,820$10,150,990$7,777,032$5,753,810
Excess or (deficit) for the year$-85,340$1,122,600$-2,503,363$-1,024,758
Net assets or fund balances at beginning of year$9,890,141$9,261,820$10,150,990$7,777,032
Other changes in net assets or fund balances$-542,981$-233,430$129,405$-998,464
Statement of Functional Expenses (for 2003)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$19,136,572$14,858,933$1,264,997$3,012,642
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$565,929$565,929$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$2,326,365$1,421,184$747,985$157,196
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$172,860$124,459$46,672$1,729
Payroll taxes$217,403$156,530$58,699$2,174
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$140,083$0$140,083$0
Supplies$234,762$192,520$8,448$33,794
Telephone$127,015$76,210$12,701$38,104
Postage and shipping$945,552$737,531$56,733$151,288
Occupancy$279,728$197,147$55,748$26,833
Equipment rental and maintenance$258,806$209,633$12,940$36,233
Printing and publications$519,457$380,179$45,759$93,519
Travel$417,582$414,773$2,809$0
Conferences, conventions, and meetings$128,600$128,600$0$0
Interest$65$53$3$9
Depreciation, depletion, etc.$975,658$790,283$48,783$136,592
Other expenses not covered above$11,826,707$9,463,902$27,634$2,335,171
Balance Sheets
2000200120022003
Total assets$20,767,335$21,260,621$19,871,117$19,173,300
Cash - non-interest-bearing$422,317$735,104$966,715$435,418
Savings and temporary cash investments$859,760$4,014,747$2,223,052$2,999,386
Accounts receivable less allowance for doubtful accounts$20,180$54,986$177,714$135,080
Pledges receivable less allowance for doubtful accounts$0$0$0$0
Grants receivable$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0
Inventories for sale or use$325,578$553,446$510,080$707,027
Prepaid expenses and deferred charges$69,702$15,200$177,220$137,952
Investments - publicly-traded securities
Investments - other securities$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$8,486,746$8,623,208$8,502,130$7,877,441
Investments - other$50,000$50,000$50,000$50,012
Land, buildings, and equipment less accumulated depreciation$10,533,052$7,210,763$7,264,206$6,830,984
Other assets, including program-related investments$0$3,167$0$0
Total liabilities$11,505,515$11,109,631$12,094,085$13,419,490
Accounts payable and accrued expenses$2,464,987$1,869,407$3,150,615$3,278,167
Grants payable$0$0$0$0
Deferred revenue$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0
Mortgages and other notes payable$3,653,453$3,574,513$3,348,177$2,250,000
Other liabilities$5,387,075$5,665,711$5,595,293$7,891,323
Total liabilities and net assets/fund balances$20,767,335$21,260,621$19,871,117$19,173,300
Total net assets or fund balances$9,261,820$10,150,990$7,777,032$5,753,810
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022003
Total revenue$16,718,364$18,319,861$17,736,492$18,111,814
Total revenue, gains, and other support per audited financial statements$19,910,552$21,665,870$21,673,158$24,965,722
Other expenses$3,735,169$3,579,439$3,939,101$6,853,908
Net unrealized gains on investments$0$0$0$0
Donated services and use of facilities$0$0$0$0
Recoveries of prior year grants$0$0$0$0
Other$3,735,169$3,579,439$3,939,101$6,853,908
Other revenue$542,981$233,430$2,435$0
Investment expenses$0$0$0$0
Other$542,981$233,430$2,435$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022003
Total expenses$16,793,704$17,197,261$20,239,855$19,136,572
Total expenses and losses per audited financial statements$20,538,873$20,776,700$24,178,956$25,990,480
Other revenue$3,745,169$3,579,439$3,939,101$6,853,908
Donated services and use of facilities$0$0$0$0
Prior year adjustments$0$0$0$0
Losses$0$0$0$0
Other$3,745,169$3,579,439$3,939,101$6,853,908
Other expenses$0$0$0$0
Investment expenses$0$0$0$0
Other$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 2006134
Analysis of Income-Producing Activities (for 2003)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$-127,015$301,107$1,965,740
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$35,829$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$57$0
Net rental income or (loss) from real estate
debt-financed propertyLessors of other real estate property$-132,49700$0$64,101
not debt-financed propertyLessors of other real estate property$-2,91800$0$0
Net rental income or (loss) from personal propertyRental of personal property$8,40000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$265,221$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$1,890,212
Other revenue000000$000$0$11,427
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2003)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2003)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$94,422$3,392$0
$86,966$3,392$0
$75,459$3,392$0
$73,994$0$0
$79,400$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2003)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
1999200020012002
Total$20,121,015$19,780,901$20,776,979$21,675,593
Gifts, grants, and contributions received$12,212,288$10,992,689$12,344,313$13,801,972
Membership fees received$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$7,780,838$8,660,652$8,408,863$7,815,736
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$127,889$127,560$23,803$57,885
Net income from unrelated business activities not included above$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0
Other income$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2003)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Inspirational Network Inc, New Inspirational Network3000 World Reach Dr, Indian Land, SC 29707-6542SC1994-11$174,570,942
2Eternal Word Television Network Inc5817 Old Leeds Rd, Irondale, AL 35210-2164AL1981-05$49,433,905
3Global Evangelism Television IncSan Antonio, TX 78232TX$18,111,814
4Three Angels Broadcasting Network Inc, Broadcast Communications ServicePO BOX 220, W Frankfort, IL 62896-0220IL1986-05$17,065,755
5Christian Television Corporation IncPO BOX 6922, Clearwater, FL 33758-6922FL1979-04$9,686,248
6Cornerstone Television Inc1 Signal Hill Dr, Wall, PA 15148-1436PA1971-05$6,393,803
7Trinity Broadcasting Of Texas Inc2442 Michelle Dr, Tustin, CA 92780-7015CA1987-06$3,293,402
8Liberty Broadcasting Network Inc1971 University Blvd, Lynchburg, VA 24515VA1987-12$2,947,238
9Community Educational Television10902 S Wilcrest Dr, Houston, TX 77099-3523TX1980-04$2,876,342
10Total Living International Inc25553 W Wolfs Crossing Rd Unit A, Plainfield, IL 60585-6807IL1974-04$2,441,341
11Christian Televison Of Palm Beach County IncPO BOX 6922, Clearwater, FL 33758-6922FL1992-12$973,808
12Christian Television Network IncPO BOX 6922, Clearwater, FL 33758-6922FL1987-09$860,550
13Christian Television Corporation Of Pensacola-Mobile IncPO BOX 6922, Clearwater, FL 33758-6922FL1985-11$607,574
14Lower Lighthouse Ministries Inc1310 Kenney St, Greeneville, TN 37745-6530TN1997-09$73,476
15Trinity Broadcasting Of New York Inc2442 Michelle Dr, Tustin, CA 92780-7015CA1982-09$6,355,560
16Trinity Broadcasting Of Indiana Inc2442 Michelle Dr, Tustin, CA 92780-7015CA1982-02$3,829,818
17Trinity Broadcasting Of Arizona Inc2442 Michelle Dr, Tustin, CA 92780-7015CA1976-07$2,816,812
18Trinity Broadcasting Of Washington2442 Michelle Dr, Tustin, CA 92780-7015CA1977-10$2,430,230
19Channel 38 Christian Television2201 Wyoming Ave, El Paso, TX 79903-3806TX1991-10$760,908
20Buddhist Television Network World17115 Grayland Ave, Cerritos, CA 90703CA2009-06$0
Number of organizations performing similar types of work
Alabama1
California6
Florida5
Illinois2
Pennsylvania1
South Carolina1
Tennessee1
Texas3
Virginia1
Total21

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