2025-09-30T13:29:20-05:00 2024-12-31 204193611 Batts Morrison Wales & Lee PA 801 North Orange Avenue Suite 800 Orlando FL 32801 990 2024-01-01 593028392 Central Florida Educational Foundation Inc CENT 4078698000 1065 Rainer Drive Altamonte Springs FL 32714 James S Hoge President 4078698000 2025-09-03 1 1 Michele M Wales P00428093 4077706000 2025-09-03 2024 2025-03-06 01:10:19Z James S Hoge 1065 Rainer Drive Altamonte Springs FL 32714 321167 0 X WWW.ZRADIO.ORG X 1988 FL Supporting organization of Z Ministries, Inc, a listener-supported, non-commercial radio station. 5 3 0 3 0 0 72609 189536 0 0 86450 131631 0 0 159059 321167 0 0 0 0 0 0 0 0 0 336230 319498 336230 319498 -177171 1669 11230948 12026147 2414539 3208069 8816409 8818078 Supporting organization of Z Ministries, Inc., a listener-supported, non-commercial radio station. 0 0 280514 0 0 The Organization owns Federal Communications Commission (FCC) license authorizations and related fixed assets which it allows its supported organization, Z Ministries, Inc. to use to operate listener-supported, non-commercial radio stations. The stations provide continuous broadcasting to Orlando, Florida and surrounding areas. The stations currently broadcast in twelve Florida counties and via the internet reaching a potential estimated 4.5 million U.S. listeners per week. The format is exclusively Christian music. The radio stations make Central Florida a better place to live by providing a spiritual anchor, news, weather, and emergency information to keep families informed, safe, and encouraged. 280514 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X James S Hoge President 4078698000 1065 Rainer Drive Altamonte Springs FL 32714 James S Hoge President/Director 2.00 42.00 X X 0 215218 46702 Judy Stephan Treasurer/Director 1.00 41.00 X X 0 72751 19142 Stuart Kinniburgh Director 0.10 0.30 X 0 0 0 Timothy DeTellis Director 0.10 0.30 X 0 0 0 Judy Wise Director 0.10 0.20 X 0 0 0 Cathy Ligato Secretary 0.50 40.50 X 0 89602 19615 Dean Chapman Vice President 0.10 41.00 X 0 208548 23876 0 586119 109335 0 0 1 0 0 184460 5076 189536 131631 131631 321167 0 0 131631 X 1875 1875 14973 14973 31521 31521 271040 248966 22074 Taxes and Licenses 89 27 62 319498 280514 38984 0 602 702 3718213 4320297 4811 4723 5575297 4054176 1591129 1521121 5916193 6179304 11230948 12026147 2002 2000 2412537 3206069 2414539 3208069 X 8774733 8809185 41676 8893 8816409 8818078 11230948 12026147 1669 0 X X 0 1 X 1 0 X X X 1 Z Ministries Inc 263532803 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 Schedule A, Part I, Line 12g, Column v and Column vi: The Organization provides supporting services to its supported organization through the ownership and management of certain real property and essential transmission equipment that is leased in its entirety to its supported organization at terms substantially better to the supported organization than fair rental value. Additionally, the Organization provides supporting services to its supported organization through the ownership and management of Federal Communications Commission (FCC) licenses that are used by its supported organization to operate Christian radio stations at terms substantially better to the supported organization than fair market value. The difference between the fair rental value of the property leased to the supporting organization and the rent paid by the supporting organization has not been included in Schedule A, Part I, Line 12g. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250000 250000 1254073 842261 411812 4071224 3211915 859309 1521121 Broadcast Licenses, Net 4872923 Right of Use Asset 1306381 6179304 Due to Affiliate, Net 1801348 Lease Liability 1404721 3206069 0 0 0 0 0 0 0 0 0 James S Hoge President/Director 0 191986 0 20000 0 3232 0 6612 0 40090 0 261920 0 0 Dean Chapman Vice President 0 186548 0 22000 0 0 0 5200 0 18676 0 232424 0 0 Schedule J, Part II: The salaries reported in Schedule J, Part II were paid by a related organization, Z Ministries, Inc. (EIN: 26-3532803), which has adopted an executive compensation policy applicable to all disqualified persons, including its officers and key employees. Under the policy, an independent compensation committee established by the Board of Directors and consisting of individuals who do not have a conflict of interest (as defined in Treas. Reg. 53.4958-6) with respect to the compensation arrangement being considered annually reviews and approves the compensation level of the Organization's President. The deliberations and decisions of the committee are contemporaneously substantiated, and the committee utilizes comparability data in its deliberations (with updated data generally every two to three years). The Organization's President reviews and approves the compensation level of all other disqualified persons, including the Organization's officers, directors, and key employees, with whom the President does not have a conflict of interest (as defined in Treas. Reg. 53.4958-6). The deliberations and decisions of the President are contemporaneously substantiated and the President utilizes comparability data in his deliberations (with updated data generally obtained every two to three years). In the event that the President has a conflict of interest with respect to any disqualified person for whom compensation is being set, the independent compensation committee established by the Board of Directors annually reviews and approves the compensation levels of such individuals using the same procedures outlined above. Form 990, Part VI, Section A, line 2 James Hoge, Dean Chapman, Judy Stephan, Stuart Kinniburgh, Timothy DeTellis, Judy Wise, and Cathy Ligato have a business relationship as officers/directors/employees of a related tax-exempt organization. Form 990, Part VI, Section B, line 11b The Organization's top management official and top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final Form 990 is also provided to the voting members of the Organization's governing body prior to its filing with the IRS. Form 990, Part VI, Section B, line 12c The Organization's conflict of interest policy is distributed to each member of the Organization's governing body, its officers and its key employees on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Organization officials to take appropriate actions as required by the policy. Form 990, Part VI, Section B, line 15 The Organization does not have paid employees and therefore does not have a compensation setting policy. Key personnel supporting the Organization are employees of Z Ministries, Inc., a related tax-exempt organization, which has adopted a compensation setting policy as further described at Schedule J. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, Line 22: All of the property owned by the Organization is leased to the Organization's supported organization, Z Ministries, Inc., in furtherance of the Organization's exempt activities. The allocation of the depreciation expense of fixed assets on Form 990, Part IX, Line 22 is based on the estimated functional use of the depreciable property by the supported organization. Form 990, Part XII, Line 2c: The Organization's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year. Event MinistriesInc 1065 Rainer Drive Altamonte Springs FL 32714 202741517 Promotion of biblically based events FL 501(c)(3) Line 10 N/A 1 Easter Sunrise Service Inc 1065 Rainer Drive Altamonte Springs FL 32714 592986735 Conduct an Easter morning worship service FL 501(c)(3) Line 7 N/A 1 Charitable Ministry Support Inc 1065 Rainer Drive Altamonte Springs FL 32714 263532702 Supporting organization of Z Ministries, Inc. FL 501(c)(3) Line 12b, II N/A 1 Z Ministries Inc 1065 Rainer Drive Altamonte Springs FL 32714 263532803 Operation of a Christian radio station FL 501(c)(3) Line 7 N/A 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 Z Ministries Inc C 184460 Actual amount received