2024-05-23T06:43:41-05:00 2023-12-31 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2023-01-01 621535834 PARTNERS FOR CHRISTIAN MEDIA INC PART 4238921200 2321 HICKORY VALLEY ROAD CHATTANOOGA TN 37421 JUSTIN WADE PRESIDENT 4238921200 2024-05-20 1 JUSTIN WADE XXX-XX-XXXX 0 TRIP FARMER CPA P00962141 4237567771 2024-05-20 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z JUSTIN WADE 2321 HICKORY VALLEY ROAD CHATTANOOGA TN 37421 3088688 0 X PARTNERSFORCHRISTIANMEDIA.COM X 1992 TN TO PROVIDE THE GREATER CHATTANOOGA AREA WITH A COMTEMPORARY CHRISTIAN RADIO STATION THAT SPREADS THE GOSPEL AND ENCOURAGES AND EXHORTS CHRISTIANS. 5 3 29 350 0 0 1334940 1393399 1436080 1391291 0 9023 -149884 -113881 2621136 2679832 10948 12676 0 0 1591033 1599970 0 0 136834 1216858 1008002 2818839 2620648 -197703 59184 3174967 3057781 1145415 969045 2029552 2088736 TO PROVIDE THE GREATER CHATTANOOGA AREA WITH CHRISTIAN RADIO STATION AND A CHRISTIAN MUSIC FESTIVAL ALONG WITH ONLINE MINISTRIES THAT POINT PEOPLE TO JESUS CHRIST. 0 0 1828180 12676 1399764 PROVIDES CHRISTIAN MUSIC AND MINISTRY VIA RADIO ON 102.7 FM.PROVIDES CHRISTIAN MUSIC AND MINSITRY VIA RADIO ON 103.1 FM.PROVIDES CHRISTIAN MUSIC AND MINISTRY VIA THE ANNUAL J-FEST (CHRISTIAN MUSIC FESTIVAL).PROVIDES CHRISTIAN MUSIC AND MINISTRY VIA RADIO ON THE JRADIO STREAMING PLATFORM.PROVIDES AND DISTRIBUTES VIDEO TESTIMONY MINISTRIES WITH COMEONLETSGO. 1828180 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 TN X FATIMA MARTINEZ 4234241298 2321 HICKORY VALLEY ROAD CHATTANOOGA TN 37421 ROBERT H LUBELL DIRECTOR 40.00 X 230159 0 0 JIMMY DUPREE DIRECTOR AND SECRETARY 1.00 X X 0 0 0 DEAN ARNOLD DIRECTOR 28.00 X 35609 0 0 PATRICK HORNE DIRECTOR 1.00 X 0 0 0 TODD PLAIN DIRECTOR 1.00 X 0 0 0 JUSTIN WADE PRESIDENT 40.00 X 137603 0 0 403371 0 0 2 0 1 0 FRIENDSHIP BROADCASTING 425 LISA STREET NE CLEVELAND TN 37312 LEASING RADIO STATION (LMA 103.1) 116610 1 1393399 1393399 ADVERTISING 516100 819492 819492 BARTER INCOME 516100 329045 329045 SPONSORSHIP 516100 242754 242754 1391291 9023 9023 286502 408856 -122354 -122354 OTHER INCOME 516100 5151 5151 RENTAL INCOME 516100 2375 2375 JRADIO SUBSCRIPTIONS 516100 918 918 29 29 8473 2679832 1399764 0 -113331 12676 12676 403371 254124 129079 20168 1097656 691523 351250 54883 98943 62334 31662 4947 26781 13391 13390 209244 209244 57465 57465 144056 135413 5762 2881 24447 19558 2444 2445 12755 12755 33042 13878 19164 58558 58558 PROGRAMMING SERVICES & 73055 73055 CONTRACT SERVICES 68948 51711 17237 TELEPHONE 63123 36611 21462 5050 MEALS 42307 19038 16923 6346 194221 106846 47261 40114 2620648 1828180 655634 136834 758536 731600 546 350 90735 151247 30037 22155 50316 1178759 634942 570639 543817 832 832 1032848 1032848 668639 546771 3174967 3057781 154130 133221 26515 27218 299492 264223 665278 544383 1145415 969045 X 1923808 1996235 105744 92501 2029552 2088736 3174967 3057781 59184 0 X 0 1 X 0 0 X 1497571 1630390 2034188 1818867 1904929 8885945 1497571 1630390 2034188 1818867 1904929 8885945 99341 8786604 53 54 54 29 9053 9243 8895188 4574773 0.98780 0.98300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 619225 129172 490053 86508 51195 35313 473026 454575 18451 543817 OTHER CURRENT ASSETS 2642 DEPOSIT - RENT 1950 RIGHT OF USE ASSET 542179 546771 SHORT-TERM LEASE LIABILITY 127336 LONG-TERM LEASE LIABILITY 417047 544383 X 3088688 408856 408856 2679832 0 2679832 3029504 408856 408856 2620648 0 2620648 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. SUCH TAX POSITIONS INITIALLY AND SUBSEQUENTLY NEED TO BE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE TAX AUTHORITY ASSUMING FULL KNOWLEDGE OF THE POSITION AND RELEVANT FACTS. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED DECEMBER 31, 2020 THROUGH DECEMBER 31, 2023, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF DECEMBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES JFEST 286502 286502 372722 BANQUET 21936 14198 286502 286502 408856 408856 -122354 X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT H LUBELL DIRECTOR 182159 0 0 0 48000 0 0 0 0 0 230159 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE GOVERNING BODY HAVE THE ABILITY TO APPOINT ANOTHER MEMBER TO THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE PERFORMED. FORM 990, PART VI, SECTION B, LINE 12C PARTNERS FOR CHRISTIAN MEDIA, INC HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS USES COMPARABLE DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION TO DETERMINE JUSTIN WADE'S, PRESIDENT, SALARY FOR EACH YEAR, AND THE SALARIES FOR ALL OTHER KEY EMPLOYEES, OFFICERS AND OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 PARTNERS FOR CHRISTIAN MEDIA, INC MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, & FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.