Nonprofit · EIN 95-1461574
FAR EAST BROADCASTING COMPANY
Tax-exempt · FRISCO, TX 75034
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $22,872,714 | $17,700,563 | $5,172,151 | $26,917,339 | $3,251,211 | $23,666,128 |
| June 30, 2024 | 990 | $15,036,783 | $16,215,523 | -$1,178,740 | $20,521,530 | $3,321,255 | $17,200,275 |
| June 30, 2023 | 990 | $17,523,131 | $15,718,275 | $1,804,856 | $20,695,141 | $3,645,999 | $17,049,142 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $12,337,500
- Program service revenue
- $3,228,585
- Investment income
- $7,301,801
- Net gain from sales of assets
- $6,949,229
- Other revenue
- $4,828
Expenses
- Grants and similar amounts paid
- $8,204,680
- Compensation of officers, directors and key employees
- $771,058
- Other salaries and wages
- $2,876,368
- Salaries, compensation and benefits (total)
- $4,680,181
- Professional fundraising fees
- $52,650
- Legal fees
- $31,002
- Accounting fees
- $91,922
- Occupancy
- $334,394
- Travel
- $547,693
- Depreciation
- $37,061
- Program services (functional)
- $14,554,471
- Management and general (functional)
- $1,368,337
- Fundraising (functional)
- $1,777,755
Balance sheet and other
- Total assets, start of year
- $20,521,530
- Total assets, end of year
- $26,917,339
- Total liabilities, end of year
- $3,251,211
- Net assets, end of year
- $23,666,128
- Land, buildings and equipment
- $29,147
- Publicly traded securities
- $21,531,846
- Net assets without donor restrictions
- $16,009,617
- Net assets with donor restrictions
- $7,656,511
- Gross receipts
- $25,383,147
- Employees
- 54
- Volunteers
- 60
- Year formed
- 1945
- State of legal domicile
- TX
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDWARD CANNON | PRESIDENT AND CEO Officer | 40 | $304,297 | $56,549 |
| SCOTT HASSEL | CAO, TREASURER AND CFO Officer | 40 | $168,159 | $31,384 |
| MARY K PARK EXECUTIVE | DIRECTOR, KOREAN MINISTRIES Highest-paid employee | 40 | $125,042 | $22,912 |
| SANDY WILSON | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $114,510 | $27,112 |
| CLIFF MCARDLE | SPECIAL ASSISTANT TO THE PRESIDENT Highest-paid employee | 40 | $103,014 | $38,511 |
| CHERI CARPENTER | CORPORATE SECRETARY Officer | 40 | $101,002 | $17,059 |
| LAURIE KATTNER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WAYNE SHEPHERD | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KWOKNAM SHIU | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ALYNNE DOUGLASS | DIRECTOR, BOARD ASST SEC. Trustee or director | 2 | $0 | $0 |
| RICHARD BOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID BUNN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MIKE FABAREZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROB KEITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROGER KEMP | DIRECTOR Trustee or director | 2 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN LINDQUIST | DIRECTOR Trustee or director | 2 | $0 |
| JOHN WAUTERLEK | DIRECTOR Trustee or director | 2 | $0 |
| BONNIE HO | DIRECTOR (PART YEAR) Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Edward Cannon | President and CEO Officer | 40 | $238,575 | $57,239 |
| Scott Hassel | CAO, Treasurer and CFO Officer | 40 | $156,475 | $27,935 |
| Mary K Park | Executive Director, Korean Ministries Highest-paid employee | 40 | $134,176 | $37,009 |
| David Wollen | VP Development Highest-paid employee | 40 | $112,737 | $30,334 |
| Sandy Wilson | Director of Development Highest-paid employee | 40 | $112,547 | $26,486 |
| Victor Akhterov | Director of Eurasian Ministries Highest-paid employee | 40 | $102,889 | $29,794 |
| Cheri Carpenter | Corporate Secretary Officer | 40 | $99,650 | $20,083 |
| Kwoknam Shiu | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Laurie Kattner | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Wayne Shepherd | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Alynne Douglass | Director Trustee or director | 2 | $0 | $0 |
| Bonnie Ho | Director Trustee or director | 2 | $0 | $0 |
| Dan Lindquist | Director Trustee or director | 2 | $0 | $0 |
| Fred Gladney | Director (part year) Trustee or director | 2 | $0 | $0 |
| John Wauterlek | Director Trustee or director | 2 | $0 | $0 |
| Richard Bott | Director Trustee or director | 2 | $0 | $0 |
| Rob Keith | Director Trustee or director | 2 | $0 | $0 |
| Roger Kemp | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Edward Cannon | President and CEO Officer | 40 | $259,126 | $51,210 |
| Scott Hassel Chief Admin | Officer, Treasurer and CFO Officer | 40 | $151,300 | $27,457 |
| Mary K Park Executive | Director, Korean Ministries Highest-paid employee | 40 | $134,653 | $41,654 |
| David Wollen | VP Development Highest-paid employee | 40 | $119,302 | $38,048 |
| Sandy Wilson | Director of Development Highest-paid employee | 40 | $108,991 | $24,387 |
| Cheri Carpenter | Corporate Secretary Officer | 40 | $93,710 | $21,015 |
| Laurie Kattner | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Wayne Shepherd | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Nam Shiu | Board Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Richard Bott | Director Trustee or director | 2 | $0 | $0 |
| Alynne Douglass | Director Trustee or director | 2 | $0 | $0 |
| Fred Gladney | Director Trustee or director | 2 | $0 | $0 |
| Bonnie Ho | Director Trustee or director | 2 | $0 | $0 |
| Rob Keith | Director Trustee or director | 2 | $0 | $0 |
| Roger Kemp | Director Trustee or director | 2 | $0 | $0 |
| John Wauterlek | Director Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5330 PARKWOOD BLVD STE 110, FRISCO, TX 75034-8904
- Principal officer (990 for 2024)
- EDWARD CANNON, PO BOX 2850, FRISCO, TX 75034
- Signed the 990
- TIM MCDERMOTT, CHIEF FINANCIAL OFFICER
- Phone
- (562) 947-4651
- Website
- WWW.FEBC.ORG
- Return prepared by
- CRI CAPIN CROUSE ADVISORS LLC
Mission
FAR EAST BROADCASTING COMPANY (FEBC) EXISTS TO DEVELOP CHRISTIAN RADIO/INTERNET PROGRAMMING AND DISCIPLESHIP MINISTRIES FOR A GLOBAL AUDIENCE.
Program accomplishments
- AS AN INTERNATIONAL MEDIA NETWORK ESTABLISHED IN 1945, FEBC PROVIDES GRANTS TO ITS AFFILIATES WHICH BROADCAST THROUGHOUT GREATER ASIA AND OTHER PARTS OF THE WORLD.Expenses $8,204,680 · grants $8,204,680 · revenue $3,228,585
- CHRISTIAN RADIO PROGRAMS ARE PRODUCED IN OUR U.S. HEADQUARTERS STUDIOS IN MANDARIN, TAGALOG, HMONG, KOREAN AND VIETNAMESE LANGUAGES, WHICH ARE BROADCAST IN THEIR NATIVE COUNTRIES VIA SHORTWAVE, AM, FM, SATELLITE AND THROUGH OTHER MEDIA OUTLETS.Expenses $3,847,676
- THE U.S. OFFICE PROVIDES LEADERSHIP, CONSULTING SERVICES AND TRAINING TO 19 AFFILIATE OFFICES, INCLUDING STUDIOS, OFFICE SPACE, COMMUNICATION SERVICES AND IT SUPPORT. THE U.S. OFFICE ALSO ADMINISTERS PLANNED GIVING PROGRAMS INCLUDING CHARITABLE GIFT ANNUITIES, CHARITABLE TRUSTS, WILLS AND BEQUESTS, ETC.Expenses $2,074,052
- FEBC PROVIDES DIRECT SUPPORT TO OVER 5 MISSIONARIES THAT SERVE AS THE ENGINEERS, PROJECT MANAGERS, AND OTHER HIGHLY TECHNICAL CAPACITIES ACROSS THE WORLD.Expenses $428,063
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 95-1461574
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X840)
- Assets (IRS master file)
- $26,917,339
- Income (IRS master file)
- $25,383,147
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $22,872,714 | $17,700,563 | $26,917,339 | XML |
| 990 | June 2024 | $15,036,783 | $16,215,523 | $20,521,530 | XML |
| 990 | June 2023 | $17,523,131 | $15,718,275 | $20,695,141 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 95-1461574).
Questions about FAR EAST BROADCASTING COMPANY
- What is the EIN of FAR EAST BROADCASTING COMPANY?
- The employer identification number (EIN) of FAR EAST BROADCASTING COMPANY is 95-1461574.
- Is FAR EAST BROADCASTING COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to FAR EAST BROADCASTING COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAR EAST BROADCASTING COMPANY 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 FAR EAST BROADCASTING COMPANY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FAR EAST BROADCASTING COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FAR EAST BROADCASTING COMPANY?
- The 990 for the year ended June 30, 2025 names EDWARD CANNON.
- Who are the officers and directors of FAR EAST BROADCASTING COMPANY?
- The 990 for the year ended June 30, 2025 lists 18 people; 6 received compensation from the organization, the highest $304,297 (EDWARD CANNON, PRESIDENT AND CEO).
- How much revenue does FAR EAST BROADCASTING COMPANY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $22,872,714, expenses of $17,700,563 and total assets of $26,917,339 at year end.
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