SOUND OF HOPE RADIO NETWORK INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- SOUND OF HOPE RADIO NETWORK INC (EIN 72-1562499)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-14
- IRS object ID
- 201903199349300600
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-14T22:58:29-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAN WEN CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1611 BOREL PLACE SUITE NO3 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 944033504 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 721562499 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUND OF HOPE RADIO NETWORK INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUN | BusinessNameControlTxt |
| Phone | 4153988038 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 KEARNY STREET 5TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94108 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALLEN YONG ZENG | PersonNm |
| Person Title | BOARD CHAIR | PersonTitleTxt |
| Phone | 4153988038 | PhoneNum |
| Signature | 2019-08-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FAN WEN | PreparerPersonNm |
| PTIN | P01462203 | PTIN |
| Phone | 6504839747 | PhoneNum |
| Preparation | 2019-11-14 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 108.248.124.174 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-14 | IPDt |
| IP Tm | 22:58:29 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 43D5795A0B807CCACA5DF4C224CCB4A585C5520A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 43D5795A0B807CCACA5DF4C224CCB4A585C5520A | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALLEN YONG ZENG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 KEARNY STREET 5TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,899,987 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2003 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE INDEPENDENT AND OBJECTIVE NEWS REPORTING, CULTURE PROGRAMS THAT PRESERVE AND PROMOTE TRADITIONAL CHINESE CULTURE, PROGRAMS THAT INTRODUCE TO CHINESE PEOPLE TO THE BEST VALUE OF THE WEST, CURRENT ISSUE OF CHINA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 22 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $612,761 | PYContributionsGrantsAmt |
| CY Contributions Grants | $578,197 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,978,905 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,815,662 | CYProgramServiceRevenueAmt |
| PY Investment Income | $20,525,393 | PYInvestmentIncomeAmt |
| CY Investment Income | $478,773 | CYInvestmentIncomeAmt |
| PY Other Revenue | $28,733 | PYOtherRevenueAmt |
| CY Other Revenue | $27,355 | CYOtherRevenueAmt |
| PY Total Revenue | $24,145,792 | PYTotalRevenueAmt |
| CY Total Revenue | $3,899,987 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $530,331 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $506,344 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,536,998 | PYOtherExpensesAmt |
| CY Other Expenses | $3,150,009 | CYOtherExpensesAmt |
| PY Total Expenses | $6,067,329 | PYTotalExpensesAmt |
| CY Total Expenses | $3,656,353 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $18,078,463 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $243,634 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $21,060,585 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,133,860 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $800,278 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,864,467 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $20,260,307 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,269,393 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PROVIDE INDEPENDENT AND OBJECTIVE NEWS REPORTING, CULTURE PROGRAMS THAT PRESERVE AND PROMOTE TRADITIONAL CHINESE CULTURE, PROGRAMS THAT INTRODUCE TO CHINESE PEOPLE TO THE BEST VALUE OF THE WEST, SUCH AS FREEDOM, HUMAN RIGHTS AND DEMOCRACY, AND ALSO REPORT TO THE WORLD TRUTHFULLY WHAT IS GOING ON IN CHINA. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $351,803 | ExpenseAmt |
| Desc | BUILT 24 HOUR RADIO STREAMS FOR FM RADIOS AND FOR INTERNET WITH A FOCUSE ON NEWS REPORTING AND CURRENT EVENTS IN CHINA; PROVIDE INDEPENDENT NEWS, CULTURE PROGRAM AND CORRENT EVENT TALK SHOW TO CHINA THROW SHORTWAVE RADIO | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $886,707 | ExpenseAmt |
| Desc | TO PROMOTE THE INTERESTS AND NEEDS OF THE CHINESE LANGUAGE POPULATION IN SAN FRANCISCO AND AMERICA AS TO ISSUES OF CONCERN AND AN UNDERSTANDING AN APPRECIATION OF THE VALUABLE ENHANCEMENTS AND APPRECIATIONS THAT INURES IN THE VALUES OF TRADITIONAL CHINESE AND WESTERN CULTURE. TO PROVIDE PROGRAMS, IN THE AREA OF EDUCATION, LEGAL, FINANCIAL INVESTMENT, REAL ESTATE, COOKING, HEALTH AND FITNESS, TRANSPORTATION; TO PROVIDE LOCAL NEWS; TO CITY OF SAN FRANCISCO AND OTHER MAJOR CHINESE CONENTRATED CITIES IN AMERICA. THESE PROGRAMS WILL HELP NEW IMMIGRANTS TO ASSIMILATE INTO THE AMERICAN WAY EFFECTIVELY AND WOULD HELP MEMBERS OF COMMUNITY CONNECTED. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,238,510 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 85 | IRPDocumentCnt |
| IRP Document W2 G | 22 | IRPDocumentW2GCnt |
| Employee | 22 | EmployeeCnt |
| Employment Tax Returns Filed | false | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | Yes (true) | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUND OF HOPE RADIO NETWORK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4153988019 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 KEARNY ST 5TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94108 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| ALLEN YONG ZENG | ||||||
| BOARD CHAIR | 20.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SUSANNA SU HUAN LU | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| JENNY ZHENG | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| JANICE LIU | ||||||
| VICE PRESIDE | 20.00 | Yes (X) | Yes (X) | $42,719 | $0 | $0 |
| FAN WEN | ||||||
| FINANCIAL OF | 20.00 | Yes (X) | Yes (X) | $31,560 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $74,279 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $578,197 | AllOtherContributionsAmt |
| Total Contributions | $578,197 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| UNDERWRITING | 515100 | $1,727,921 | $1,727,921 |
| BUSINESS SPONSORSHIP | 515100 | $560,550 | $560,550 |
| WEBSITE - SPONSORSHIP | 515100 | $515,427 | $515,427 |
| EVENT - SPONSORSHIP | 515100 | $11,764 | $11,764 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,815,662 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $217,515 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $217,515 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $261,258 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $261,258 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $261,258 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $261,258 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Total Revenue Column | $27,355 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,355 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $27,355 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,899,987 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,321,790 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,279 | TotalAmt |
| Management And General | $74,279 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $398,325 | TotalAmt |
| Management And General | $398,325 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,740 | TotalAmt |
| Management And General | $33,740 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,101 | TotalAmt |
| Management And General | $15,101 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,518 | TotalAmt |
| Management And General | $42,518 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,933 | TotalAmt |
| Management And General | $50,933 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,117 | TotalAmt |
| Management And General | $52,117 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $292,175 | TotalAmt |
| Management And General | $292,175 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,530 | TotalAmt |
| Management And General | $38,530 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,071 | TotalAmt |
| Management And General | $29,071 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| PROFESSIONAL FEE | $1,106,947 | $1,106,947 | |
| SPONSORSHIP COMMISSION | $475,382 | $475,382 | |
| AIR TIME COST | $411,325 | $411,325 | |
| COST OF SPONSORSHIP | $335,000 | $335,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,910 | TotalAmt |
| Program Services | $16,803 | ProgramServicesAmt |
| Management And General | $284,107 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,656,353 | TotalAmt |
| Program Services | $1,238,510 | ProgramServicesAmt |
| Management And General | $2,417,843 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,191,829 | BOYAmt |
| EOY | $141,344 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,094 | BOYAmt |
| EOY | $97,234 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $124,041 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,778,018 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $173,952 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $376,119 | BOYAmt |
| EOY | $3,604,066 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,227,495 | BOYAmt |
| EOY | $12,251,700 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,086,048 | BOYAmt |
| EOY | $4,915,475 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,060,585 | BOYAmt |
| EOY | $21,133,860 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $393,380 | BOYAmt |
| EOY | $294,488 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $341,898 | BOYAmt |
| EOY | $279,254 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,000 | BOYAmt |
| EOY | $40,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,250,725 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $800,278 | BOYAmt |
| EOY | $1,864,467 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,260,307 | BOYAmt |
| EOY | $19,269,393 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,260,307 | BOYAmt |
| EOY | $19,269,393 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,060,585 | BOYAmt |
| EOY | $21,133,860 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $243,634 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,234,275 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$273 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $655,579 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $595,148 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $691,744 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $612,761 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $578,197 | CurrentTaxYearAmt |
| Total | $3,133,429 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $655,579 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $595,148 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $691,744 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $612,761 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $578,197 | CurrentTaxYearAmt |
| Total | $3,133,429 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $3,133,429 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $61 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $106 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $214 | CurrentTaxYearMinus2YearsAmt |
| Total | $381 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $3,133,810 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $6,480,701 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99990 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99980 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,626,170 | OtherCostOrOtherBasisAmt |
| Book Value | $1,626,170 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,566,986 | OtherCostOrOtherBasisAmt |
| Book Value | $1,566,986 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $584,862 | OtherCostOrOtherBasisAmt |
| Depreciation | $173,952 | DepreciationAmt |
| Book Value | $410,910 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,604,066 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (19 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENT IN RELAX MEDIA | $2,000,000 |
| INVESTMENT IN BEAUTIFUL LIFE INC | $1,500,000 |
| LOAN RECEIVALE | $200,000 |
| DUE FROM AMERICAN DAILY | $188,692 |
| LOAN TO SF KQEA FM 96.9 | $169,768 |
| LOAN TO WQEQ LP | $125,000 |
| LOAN TO KQHU-LP | $111,516 |
| LOAN TO WALNUT CA KQEV FM 104.7 | $104,764 |
| LOAN TO MILLBRAE CA KQEM FM 96.1 | $78,673 |
| LOAN TO WQEG LP | $58,340 |
| LOAN TO KQHU LP | $57,074 |
| LOAN TO ROCKVILLE WQER FM 96.7 | $55,000 |
| LOAN TO ATALANTA FM 101.90 | $50,818 |
| LOAN TOWQEB LP | $50,000 |
| LOAN TO PHILADEPHIA WQEW FM 98.5 | $40,000 |
| SECRUITY DEPOSIT | $38,007 |
| LOAN TO SEATTLE KQES FM 101.90 | $35,912 |
| LOAN TO WQEP LP | $30,000 |
| LOAN TO KQLS LP | $21,911 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,915,475 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BESSEMER LINE OF CREDIT | Desc |
| Amt | $1,250,725 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,250,725 | TotalLiabilityAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | PROVIDE INDEPENDENT AND OBJECTIVE NEWS REPORTING, CULTURE PROGRAMS THAT PRESERVE AND PROMOTE TRADITIONAL CHINESE CULTURE, PROGRAMS THAT INTRODUCE TO CHINESE PEOPLE TO THE BEST VALUE OF THE WEST, SUCH AS FREEDOM, HUMAN RIGHTS AND DEMOCRACY, AND ALSO REPORT TO THE WORLD TRUTHFULLY WHAT IS GOING ON IN CHINA. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS PREPARED BY PROFESSIONAL ACCOUNTANT AND AND IS REVIEWED BY PRESIDENT AND EACH MEMBER OF BOARD OF DIRECTORS FOR ITS ACCRUANCY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS IS AVAILALBE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | UNREALIZED GAINS OR LOSSES AT DEC. 31, 2018 BESSEMER TRUST ACCOUNT (1,234,275) TRUE UP OTHER DECREASE (273). |
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