2024-10-30T14:03:31-05:00 2024-04-30 431764273 SFW PARTNERS LLC 1610 DES PERES RD SUITE 300 SAINT LOUIS MO 631311891 990 2023-05-01 431768606 COVENANT NETWORK COVE 3147527000 4424 HAMPTON AVENUE SAINT LOUIS MO 63109 JOHN A HOLMAN PRESIDENT 3147527000 2024-10-30 1 0 JOHN R SCHNURBUSCH CPA P00072802 3145693333 2024-10-30 2023 2024-10-15 13:58:12Z JOHN A HOLMAN 4424 HAMPTON AVENUE SAINT LOUIS MO 63109 2130372 0 X WWW.OURCATHOLICRADIO.ORG X 1996 MO TO SHARE AND TEACH THE CATHOLIC FAITH PRIMARILY THROUGH RADIO AND TO A LESSER EXTENT, DISTRIBUTION OF RELIGIOUS MATERIALS AND DIGITAL AND SOCIAL MEDIA. 3 0 12 80 0 0 1609995 1883240 78325 67150 23790 161859 212 714 1712322 2112963 13450 14797 0 0 734921 744555 0 0 239064 951734 1230720 1700105 1990072 12217 122891 5675455 5799335 0 1288 5675455 5798047 TO SHARE AND TEACH THE CATHOLIC FAITH PRIMARILY THROUGH RADIO AND TO A LESSER EXTENT, DISTRIBUTION OF RELIGIOUS MATERIALS AND DIGITAL AND SOCIAL MEDIA. 0 0 1563166 14797 67150 OPERATING EXPENSES FOR SEVENTEEN FULL POWER CATHOLIC RADIO STATIONS AND TWENTY-SIX TRANSLATOR STATIONS WHICH ARE PART OF THE ORGANIZATION AND TO A LESSER EXTENT DISTRIBUTION OF MATERIALS AND DIGITAL AND SOCIAL MEDIA TO SHARE AND TEACH THE CATHOLIC FAITH. UNKNOWN NUMBER OF LISTENERS SERVED FOR 43 BROADCAST FACILITIES. 1563166 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 1 12 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 3 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JOHN A HOLMAN 3147527000 4424 HAMPTON AVE SAINT LOUIS MO 63109 JOHN A HOLMAN GENERAL MANAGER 40.00 X X 82803 0 1532 TERESA HOLMAN ASSISTANT MANAGER/DEVELOPM 40.00 X X 67357 0 19536 TAMMY KEPPNER TREASURER 0.01 X X 0 0 0 150160 0 21068 0 0 0 0 0 1883240 7331 1883240 ANNOUCEMENT INCOME 900099 67150 67150 67150 161760 161760 17508 17409 99 99 99 MISCELLANEOUS INCOME 900099 714 714 714 2112963 67150 0 162573 X 14797 14797 156000 103022 29609 23369 490967 369422 45028 76517 49041 32701 7331 9009 48547 35534 5562 7451 21443 2188 19255 53240 53240 209629 209629 17627 17627 226191 138998 12358 74835 750 750 394493 374020 5971 14502 15727 13349 2220 158 34089 29653 4436 95204 92709 998 1497 63998 55345 4021 4632 LICENSES AND PERMITS 45545 43500 2045 COMMUNICATIONS 44818 24276 20542 DUES & SUBSCRIPTIONS 5403 3445 1958 MISCELLANEOUS 2563 2201 291 71 1990072 1563166 187842 239064 222467 54340 4479482 4840536 2828592 1940550 954740 888042 17608 7527 1158 8890 5675455 5799335 0 1288 0 1288 X 5675455 5798047 5675455 5798047 5675455 5799335 122891 -299 0 X X 0 1 X 1 0 X 1448080 2573408 1824487 1609995 1883240 9339210 49450 64946 42191 78325 67150 302062 1497530 2638354 1866678 1688320 1950390 9641272 260800 373600 246600 65000 365800 1311800 3301 34908 11610 49819 260800 373600 249901 99908 377410 1361619 8279653 25121 5935 2730 23804 162359 219949 25121 5935 2730 23804 162359 219949 195 1383 503 212 214 2507 1522846 2645672 1869911 1712336 2112963 9863728 0.83940 0.83500 0.02230 0.00870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 253764 253764 348180 136941 211239 2226648 1803609 423039 888042 PAYROLL LIABILITIES 1288 1288 X 2112664 -299 -299 2112963 0 2112963 1990072 0 1990072 0 1990072 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR ANY UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE INCOME TAXES TOPIC OF THE FASB ASC. THE TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN EVALUATING THE ORGANIZATION'S EXEMPTION STATUS, INTERPRETATIONS AND TAX PLANNING STRATEGIES ARE CONSIDERED. THE ORGANIZATION BELIEVES IT IS NOT EXPOSED TO ANY CURRENT OR FUTURE TAX LIABILITY BASED ON ITS CURRENT OPERATIONS. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIP THEREFORE NOT INDEPENDENT FORM 990, PART VI, SECTION A, LINE 7B ALL GOVERNANCES ARE DETERMINED BY GOVERNING BODY EXCEPT FOR THOSE THAT ESTABLISH COMPENSATION FOR THE BOARD OF DIRECTORS. THE DECISION IS HANDLED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B GOVERNING BODY RECIEVES A COPY TO REVIEW FORM 990 AND AUDIT. THE FORM 990 WAS REVIEWED BY THE MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE GOVERNING BODY, INCLUDING OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ALL TRANSACTIONS WHICH MAY GIVE RISE TO A CONFLICT OF INTEREST ON AN ANNUAL BASIS THROUGH A WRITTEN QUESTIONAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE ESTABLISHED A COMPENSATION COMMITTEE WHICH DETERMINES THE SALARY OF THE BOARD OF DIRECTORS, OFFICERS AND TOP KEY EMPLOYEES. COMPENSATION COMMITTEE RECEIVES COMPARABILITY COMPENSATION STUDIES FROM INDEPENDENT FIRM. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVALIABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ENGINEERING: PROGRAM SERVICE EXPENSES 25,101. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,101. CONSULTING: PROGRAM SERVICE EXPENSES 184,528. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 184,528. FORM 990 PART XII LINE 2C THE MANAGEMENT STAFF CONSISTING OF THE GENERAL MANAGER, ASSISTANT GENERAL MANAGER, OUTSOURCED ACCCOUNTANT AND OUTSOURCED CFO PROVIDE OVERSIGHT RESPONSIBILITY FOR THE AUDIT AND 990 TAX RETURN. THE GENERAL MANAGER, ASSISTANT GENERAL MANAGER, AND OUTSOURCED CFO PERFORM THE FINAL REVIEW OF THE 990 TAX RETURN AND AUDIT. THE GOVERNING BODY RECEIVES THE 990 TAX RETURN AND AUDITED FINANCIAL STATEMENTS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.