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Nonprofit · EIN 26-1720665

NETWORK 7 MEDIA CENTER INC

Tax-exempt · CHATTANOOGA, TN 37422

Financials

$85K$121K2023$124K$163K2024
Revenue Expenses · by fiscal year end
Financials of NETWORK 7 MEDIA CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$124,282$162,652-$38,370$55,803$193,220-$137,417
December 31, 2023990$84,905$120,518-$35,613$24,759$123,806-$99,047
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$19,915
Program service revenue
$104,367
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$36,617
Other salaries and wages
$29,536
Salaries, compensation and benefits (total)
$71,215
Professional fundraising fees
$0
Accounting fees
$4,910
Occupancy
$16,942
Travel
$11,164
Depreciation
$2,612
Program services (functional)
$156,116
Management and general (functional)
$6,536

Balance sheet and other

Total assets, start of year
$24,759
Total assets, end of year
$55,803
Total liabilities, end of year
$193,220
Net assets, end of year
-$137,417
Land, buildings and equipment
$2,830
Net assets without donor restrictions
-$137,417
Gross receipts
$124,282
Employees
3
Year formed
2007
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHRISTOPHER BEASONPRESIDENT
Trustee or director, Officer
40$36,617
DON VAN ORNAMDIRECTOR
Trustee or director
2$0
DR RODDY SCARBROUGHVICE PRESIDE
Trustee or director, Officer
2$0
VERLYNE STARRDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
CHRISTOPHER BEASONPRESIDENT
Trustee or director, Officer
40$45,000
DON VAN ORNAMDIRECTOR
Trustee or director
2$0
DR RODDY SCARBROUGHVICE PRESIDE
Trustee or director, Officer
2$0
VERLYNE STARRDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 25468, CHATTANOOGA, TN 37422-5468
Principal officer (990 for 2024)
CHRISTOPHER BEASON, PO BOX 25468, CHATTANOOGA, TN 37422
Signed the 990
CHRISTOPHER BEASON, PRESIDENT
Phone
(423) 774-3017
Return prepared by
RUHLING & ASSOCIATES CPAS

Mission

PRODUCTION AND DISTRIBUTION OF CHRISTIAN LITERATURE AND MEDIA

990 for the year ended December 31, 2024

Program accomplishments

  • PRODUCTION AND DISTRIBUTION OF CHRISTIAN LITERATURE AND MEDIA
    Expenses $156,116 · revenue $104,367

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1720665
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X80)
Assets (IRS master file)
$55,803
Income (IRS master file)
$124,282

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$124,282$162,652$55,803XML
990December 2023$84,905$120,518$24,759XML
990December 2022$69,661$116,181$12,512IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1720665).

Questions about NETWORK 7 MEDIA CENTER INC

What is the EIN of NETWORK 7 MEDIA CENTER INC?
The employer identification number (EIN) of NETWORK 7 MEDIA CENTER INC is 26-1720665.
Is NETWORK 7 MEDIA CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to NETWORK 7 MEDIA CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NETWORK 7 MEDIA CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NETWORK 7 MEDIA CENTER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NETWORK 7 MEDIA CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NETWORK 7 MEDIA CENTER INC?
The 990 for the year ended December 31, 2024 names CHRISTOPHER BEASON.
Who are the officers and directors of NETWORK 7 MEDIA CENTER INC?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $36,617 (CHRISTOPHER BEASON, PRESIDENT).
How much revenue does NETWORK 7 MEDIA CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $124,282, expenses of $162,652 and total assets of $55,803 at year end.

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