2026-04-09T11:18:34-04:00 2025-12-31 461320984 MARK CONNER CPA PLLC 5050 QUORUM DRIVE SUITE 700 DALLAS TX 75254 990 2025-01-01 751369880 AGAPE BROADCASTING FOUNDATION INC AGAP 2148289500 13154 COIT ROAD DALLAS TX 75240 WALTER HERRING PRESIDENT 2148289500 2026-02-28 true MARK L CONNER CPA P01226370 4693201260 2026-03-22 2025 2025-03-06 01:10:19Z WALTER HERRING 13154 COIT ROAD SUITE 200 DALLAS TX 75240 647329 false X WWW.KNON.ORG X 1971 TX KNON'S MISSION IS TO BE THE VOICE OF THE PEOPLE IN THE DALLAS AREA. KNON PROVIDES UNIQUE PROGRAMMING TO REFLECT THE DIVERSITY OF THE ENTIRE METROPLEX COMMUNITY. 6 6 6 206 0 435292 475515 91612 87550 17338 12298 44267 34996 588509 610359 0 0 291086 304446 0 108332 304598 336798 595684 641244 -7175 -30885 449451 1064685 24483 671100 424968 393585 X KNON'S MISSION IS TO BE THE VOICE OF THE PEOPLE IN THE DALLAS AREA. KNON PROVIDES UNIQUE PROGRAMMING TO REFLECT THE DIVERSITY OF THE ENTIRE METROPLEX COMMUNITY. false false 476592 KNON CONDUCTS RADIO BROADCASTING AND PROVIDES UNIQUE PROGRAMS TO REFLECT THE DIVERSITY OF THE ENTIRE METROPLEX COMMUNITY INCLUDING PROGRAMS IN THESE FORMATS: GOSPEL, TALK SHOWS, RHYTHM & BLUES, LATIN ENERGY, TEJANO, COUNTRY, BLUES, CAJUN, ROCKABILLY, METAL, INDUSTRIAL ROCK, PUNK & ALTERNATIVE ROCK, REGGAE, HIP HOP, OLDIES, JEWISH, POLKA, NATIVE AMERICAN INDIAN, ETHIOPIAN, ECLECTIC. KNON IS ON THE AIR 24 HOURS A DAY AND 7 DAYS A WEEK WITH 65 DIFFERENT SHOWS DURING EACH WEEK. THERE ARE 61 VOLUNTEER SHOW HOSTS WHO PRODUCE EACH SHOW WITH THE HELP OF OTHER VOLUNTEERS. THE TALK SHOWS ADDRESS WORKER, COMMUNITY, GOVERNMENT, CHURCH, AND GAY AND LESBIAN ISSUES. KNON PRESENTS MANY EVENTS, MOSTLY MUSIC-RELATED, FOR THE COMMUNITY TO HIGHLIGHT LOCAL TALENTS AS A MEANS OF FUNDRAISING. KNON REACHES OUT TO THE MANY DIVERSE COMMUNITIES IN THE DALLAS/FORT WORTH AREA IS TRULY THE "VOICE OF THE PEOPLE." 476592 true false false false false false false false false false false false false true true true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 4 0 6 true false false false false false true true true 1 false false false true false false false X 6 6 false false false false false false false true true false false true true true true true true true true false X X CHARLES MCGARRY 2148289500 13154 COIT ROAD SUITE 200 DALLAS TX 75240 X WALTER HERRING PRESIDENT 8.00 X X 0 0 0 CHARLES MCGARRY SECRETARY 8.00 X X 0 0 0 LISA BOUBEL TREASURER 8.00 X X 0 0 0 MARK MUNDY BOARD MEMBER 5.00 X 0 0 0 ERIKA ESTRADA BOARD MEMBER 5.00 X 0 0 0 KIMBERLY HILL BOARD MEMBER 5.00 X 0 0 0 false false false 475515 18768 475515 UNDERWRITING 515100 87550 87550 87550 12298 12298 71966 36970 34996 34996 610359 87550 47294 253031 235816 152 17063 36418 22943 4006 9469 14997 9448 1650 3899 1521 1521 13200 13200 14069 814 155 13100 11414 5707 2853 2854 33634 24529 2913 6192 10773 6356 2047 2370 164017 133191 14285 16541 76 76 239 239 6691 1709 4982 OTHER 33270 16635 8317 8318 PLEDGE PREMIUMS 19929 19929 ENGINEERING SERVICES 11961 11961 MERCHANT PROCESSING FEES 8597 8597 7407 7407 641244 476592 56320 108332 156769 106450 267338 279636 6288 7168 10556 13939 8500 657492 449451 1064685 19878 6619 4605 664481 24483 671100 X 89295 51719 335673 341866 424968 393585 449451 1064685 X -30885 -498 X false false X 488715 391136 424869 435292 475515 2215527 488715 391136 424869 435292 475515 2215527 2215527 628 629 197 17338 12298 31090 43792 74918 82966 76574 71966 350216 2596833 548682 0.85320 0.87800 X PART II, LINE 10 FUNDRAISING REVENUE 278,250 RIGHT OF USE ASSET 648992 SECURITY DEPOSIT 8500 657492 OPERATING LEASE LIABILITY 655430 ACCRUED PAYROLL 4896 CREDIT CARDS PAYABLE 4155 664481 X SCHEDULE D, PAGE 3, PART X AGAPE BROADCASTING FOUNDATION, INC. IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS THROUGH THE YEAR ENDED DECEMBER 31, 2025, IN ACCORDANCE WITH THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES (ASC 740-10, FORMERLY FIN 48). MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS HAS BEEN RECORDED, AND NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS WERE ACCRUED DURING THE YEAR. THE ORGANIZATION DOES NOT EXPECT ITS ASSESSMENT OF UNCERTAIN TAX POSITIONS TO CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. THE ORGANIZATIONS FEDERAL TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. MANAGEMENT BELIEVES THE ORGANIZATION CONTINUES TO QUALIFY AS A TAX-EXEMPT ORGANIZATION AND THAT ITS ACTIVITIES ARE CONSISTENT WITH ITS EXEMPT PURPOSE. SCHEDULE D, PAGE 4, PART XIII IN 2025, AGAPE BROADCASTING FOUNDATION, INC. ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION TOPIC 842, LEASES (ASC 842), WHICH REQUIRES LESSEES TO RECOGNIZE RIGHT-OF-USE (ROU) ASSETS AND CORRESPONDING LEASE LIABILITIES FOR OPERATING LEASES WITH TERMS GREATER THAN TWELVE MONTHS. THE FOUNDATION ADOPTED ASC 842 USING THE MODIFIED RETROSPECTIVE TRANSITION APPROACH, APPLYING THE STANDARD AS OF JANUARY 1, 2025. COMPARATIVE PRIOR- YEAR INFORMATION WAS NOT RESTATED AND CONTINUES TO BE REPORTED UNDER THE LEASE ACCOUNTING GUIDANCE IN EFFECT PRIOR TO ADOPTION. AS PERMITTED UNDER THE STANDARD, THE FOUNDATION ELECTED THE PACKAGE OF PRACTICAL EXPEDIENTS, WHICH ALLOWED IT TO NOT REASSESS WHETHER EXISTING CONTRACTS CONTAIN LEASES, THE CLASSIFICATION OF EXISTING LEASES, OR THE ACCOUNTING TREATMENT OF INITIAL DIRECT COSTS. THE FOUNDATION ALSO ELECTED THE SHORT-TERM LEASE EXEMPTION FOR LEASES WITH AN INITIAL TERM OF TWELVE MONTHS OR LESS, FOR WHICH RIGHT-OF-USE ASSETS AND LEASE LIABILITIES ARE NOT RECOGNIZED. UPON ADOPTION, THE FOUNDATION RECOGNIZED OPERATING LEASE RIGHT-OF-USE ASSETS AND CORRESPONDING OPERATING LEASE LIABILITIES BASED ON THE PRESENT VALUE OF FUTURE LEASE PAYMENTS, DISCOUNTED USING THE FOUNDATIONS INCREMENTAL BORROWING RATE AT THE ADOPTION DATE. THE ADOPTION OF ASC 842 DID NOT HAVE A MATERIAL IMPACT ON THE FOUNDATIONS CHANGE IN NET ASSETS OR CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2025. SPECIAL EVENTS 71966 71966 36970 71966 71966 36970 36970 34996 FORM 990, PAGE 2, PART III, LINE 4A KNON CONDUCTS RADIO BROADCASTING AND PROVIDES UNIQUE PROGRAMS TO REFLECT THE DIVERSITY OF THE ENTIRE METROPLEX COMMUNITY INCLUDING PROGRAMS IN THESE FORMATS: GOSPEL, TALK SHOWS, RHYTHM & BLUES, LATIN ENERGY, TEJANO, COUNTRY, BLUES, CAJUN, ROCKABILLY, METAL, INDUSTRIAL ROCK, PUNK & ALTERNATIVE ROCK, REGGAE, HIP HOP, OLDIES, JEWISH, POLKA, NATIVE AMERICAN INDIAN, ETHIOPIAN, ECLECTIC. KNON IS ON THE AIR 24 HOURS A DAY AND 7 DAYS A WEEK WITH 65 DIFFERENT SHOWS DURING EACH WEEK. THERE ARE 61 VOLUNTEER SHOW HOSTS WHO PRODUCE EACH SHOW WITH THE HELP OF OTHER VOLUNTEERS. THE TALK SHOWS ADDRESS WORKER, COMMUNITY, GOVERNMENT, CHURCH, AND GAY AND LESBIAN ISSUES. KNON PRESENTS MANY EVENTS, MOSTLY MUSIC-RELATED, FOR THE COMMUNITY TO HIGHLIGHT LOCAL TALENTS AS A MEANS OF FUNDRAISING. KNON REACHES OUT TO THE MANY DIVERSE COMMUNITIES IN THE DALLAS/FORT WORTH AREA IS TRULY THE "VOICE OF THE PEOPLE." FORM 990, PART VI SECTION A, LINE 1 UP TO FIVE BOARD POSITIONS ARE ALLOWED TO BE HELD BY VOLUNTEER SHOW HOSTS. THESE POSITIONS HAVE LIMITED VOTING RIGHTS AND ARE NOT ALLOWED TO VOTE ON ISSUES SPECIFIC TO THEIR FORMAT, ISSUES RELATED TO THE PERFORMANCE OR COMPENSATION OF THE STATION MANAGER, OR IN THE ELECTION OF BOARD MEMBERS TO THE DJ BOARD SEATS DUE TO THEIR LACK OF INDEPENDENCE ON THOSE ISSUES. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS VIA EMAIL, REGULAR MAIL IF REQUESTED, OR AT THE MONTHLY BOARD OF DIRECTORS MEETING. THE TREASURER MAKES EVERY EFFORT TO ENSURE THAT EACH BOARD MEMBER AND THE STATION MANAGER ARE AWARE OF THE CONTENTS AND MEANING OF AGAPE'S FORM 990 AND GENERAL FINANCIAL HEALTH. FORM 990, PAGE 6, PART VI, LINE 12C POLICIES, INCLUDING THE CONFLICT OF INTREST POLICY, ARE REVIEWED ANNUALLY AT A BOARD MEETING IN THE FALL OF EACH YEAR. ALL BOARD MEMBERS MUST SIGNS FORMS AT THAT TIME ACKNOWLEDGING THE POLICY AND DISCLOSING ANY POSSIBLE CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION IS SMALL AND DOES NOT USE OUTSIDE SERVICES TO DETERMINE OR EVALUATE COMPENSATION. THE BOARD DOES EVALUATE AND APPROVE THE SALARY THE STATION MANAGER AND MAY DO RESEARCH TO COMPARE SALARIES FOR SIMILAR POSITIONS IN THE FIELD AS IT DEEMS NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15B OFFICERS ARE NOT COMPENSATED BY THE ORGANIZATION, AND THE ORGANIZATION HAS NO KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 ALL POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 PRIOR PERIOD BENEFIT EXPENSE -498