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Nonprofit · EIN 94-1442453

LOAM MEDIA INC

Tax-exempt · FRANKLIN, TN 37064

Financials

$6.8M$12.1M2023$10.7M$12.3M2024
Revenue Expenses · by fiscal year end
Financials of LOAM MEDIA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,749,093$12,314,454-$1,565,361$105,640,492$10,087,025$95,553,467
December 31, 2023990$6,808,710$12,109,789-$5,301,079$99,236,494$10,877,674$88,358,820
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,804,508
Program service revenue
$0
Investment income
$2,677,503
Royalties
$27,128
Net rental income
$191,018
Net gain from sales of assets
$1,207,029
Other revenue
$267,082

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$228,126
Other salaries and wages
$2,558,789
Salaries, compensation and benefits (total)
$3,476,586
Professional fundraising fees
$0
Legal fees
$165,287
Accounting fees
$192,931
Travel
$149,875
Depreciation
$628,664
Program services (functional)
$8,631,656
Management and general (functional)
$2,961,680
Fundraising (functional)
$721,118

Balance sheet and other

Total assets, start of year
$99,236,494
Total assets, end of year
$105,640,492
Total liabilities, end of year
$10,087,025
Net assets, end of year
$95,553,467
Land, buildings and equipment
$18,562,850
Publicly traded securities
$34,246,256
Net assets without donor restrictions
$95,553,467
Gross unrelated business income
$160,718
Gross receipts
$10,749,093
Employees
40
Volunteers
10
Year formed
1958
State of legal domicile
CA

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 / weekCompensationOther / benefits
THOMAS R EVANSPRESIDENT
Trustee or director, Officer, Highest-paid employee
40$228,126$6,900
DAVID BLOMSTERBERGCOO
Key employee
40$175,631$3,870
GREGORY MCGINNISIT DIRECTOR
Highest-paid employee
40$117,377$0
DAVID SHANTZDIRECTOR OF ENGINEERING
Highest-paid employee
40$115,321$0
JENNIFER BURKHISERDIRECTOR OF BROADCAST COMPLIANCE
Highest-paid employee
40$114,875$0
KRISTOPHER GALUSKADIRECTOR OF DEVELOPMENT
Highest-paid employee
40$114,468$0
DOUGLAS HANNAHSR DIRECTOR OF CONTENT
Highest-paid employee
0$108,716$0
THOMAS MCELMEELSR DIRECTOR OF IT
Highest-paid employee
40$104,836$0
STEPHEN DILLARDDIRECTOR OF PROGRAMMING
Highest-paid employee
40$66,451$0
ALLEN W SILLTREASURER
Trustee or director, Officer
10$0$0
GEORGE GRANTSECRETARY
Trustee or director, Officer
10$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
THOMAS R EVANSPRESIDENT
Trustee or director, Officer, Highest-paid employee
40$229,144$112,747
STEPHEN DILLARDDIRECTOR OF PROGRAMMING
Highest-paid employee
40$120,480$0
GREGORY MCGINNISIT DIRECTOR
Highest-paid employee
1$112,397$0
DAVID SHANTZDIRECTOR OF ENGINEERING
Highest-paid employee
40$109,462$0
CHRIS LARSONBOARD MEMBER
Trustee or director
1$0$0
GEORGE GRANTBOARD MEMBER
Trustee or director
1$0$0
ALLEN W SILLTREASURER
Trustee or director, Officer
10$0$0
DARELL B HARRISONSECRETARY
Trustee or director, Officer
10$0$0

Address and contacts

Address (IRS master file)
4057 RURAL PLAINS CIR, FRANKLIN, TN 37064-1618
In care of
% THOMAS R EVANS
Principal officer (990 for 2024)
THOMAS R EVANS, 4057 RURAL PLAINS CIRCLE STE 300B, FRANKLIN, TN 37064
Signed the 990
THOMAS R EVANS, PRESIDENT
Phone
(800) 543-1495
Return prepared by
BELLENFANT PLLC

Mission

A RELIGIOUS, NON-COMMERICIAL RADIO & MEDIA MINISTRY SPREADING THE COMFORT AND HOPE OF THE GOSPEL.

990 for the year ended December 31, 2024

Program accomplishments

  • SINCE 1958, FAMILY STATIONS, INC.FAMILY RADIOHAS REMAINED A NON-COMMERCIAL, NONPROFIT RADIO AND MEDIA MINISTRY FUNDED THROUGH THE FINANCIAL GIFTS OF LISTENERS AND FRIENDS. OUR MISSION IS TO DECLARE THE GOSPEL OF THE LORD JESUS CHRIST, THE WORD OF GOD; AND TO BRING COMFORT AND HOPE THROUGH UPLIFTING MUSIC, POIGNANT STORIES THAT TEACH BIBLICAL PRINCIPLES, AND POWERFUL, BIBLICAL PREACHING. WE ENDEAVOR TO BE A TRUSTED REFUGE FOR THE WEARY, A BEACON OF HOPE FOR THE HOPELESS, AND A SOURCE OF RELIABLE, BIBLICAL TRUTH. WE ACCOMPLISH OUR MISSION IN A VARIETY OF WAYS: BY AIRING NATIONALLY KNOWN, REFORMED TEACHERS; BY BROADCASTING CLASSIC AND MODERN HYMNS; BY SHARING SHORT TEACHING FEATURES; AND BY TELLING STORIES THAT GIVE OUR LISTENERS HOPE.AS A FEDERAL COMMUNICATIONS COMMISSION BROADCAST LICENSE HOLDER, WE RECOGNIZE OUR RESPONSIBILITY TO INFORM OUR LISTENERS, AS WELL AS SERVE THE LOCAL PUBLIC INTEREST AS A PUBLIC TRUSTEE.
    Expenses $8,631,656

What it must file and when

IRS records say it files Not required (church). Churches are not required to file. 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
94-1442453
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1960
Accounting year ends
December
Files
Not required (church)
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$105,640,492
Income (IRS master file)
$10,749,093

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,749,093$12,314,454$105,640,492XML
990-TDecember 2024–––IRS
990December 2023$6,808,710$12,109,789$99,236,494XML
990-TDecember 2023–––IRS
990December 2022$6,414,552$9,891,774$101,523,019IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––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 94-1442453).

Questions about LOAM MEDIA INC

What is the EIN of LOAM MEDIA INC?
The employer identification number (EIN) of LOAM MEDIA INC is 94-1442453.
Is LOAM MEDIA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
Are donations to LOAM MEDIA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOAM MEDIA INC file?
Form Not required (church). Churches are not required to file.
When is the next return of LOAM MEDIA 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 LOAM MEDIA 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 LOAM MEDIA INC?
The 990 for the year ended December 31, 2024 names THOMAS R EVANS.
Who are the officers and directors of LOAM MEDIA INC?
The 990 for the year ended December 31, 2024 lists 11 people; 9 received compensation from the organization, the highest $228,126 (THOMAS R EVANS, PRESIDENT).
How much revenue does LOAM MEDIA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,749,093, expenses of $12,314,454 and total assets of $105,640,492 at year end.

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