2019-11-14T22:58:29-06:00 2018-12-31 FAN WEN CPA 1611 BOREL PLACE SUITE NO3 SAN MATEO CA 944033504 990 2018-01-01 721562499 SOUND OF HOPE RADIO NETWORK INC SOUN 4153988038 333 KEARNY STREET 5TH FLOOR SAN FRANCISCO CA 94108 ALLEN YONG ZENG BOARD CHAIR 4153988038 2019-08-19 true FAN WEN P01462203 6504839747 2019-11-14 X 108.248.124.174 2019-11-14 22:58:29 CS P 43D5795A0B807CCACA5DF4C224CCB4A585C5520A 43D5795A0B807CCACA5DF4C224CCB4A585C5520A 2018 2020-03-31 21:24:44Z ALLEN YONG ZENG 333 KEARNY STREET 5TH FLOOR SAN FRANCISCO CA 94108 3899987 false X X 2003 CA 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. 5 2 22 50 0 612761 578197 2978905 2815662 20525393 478773 28733 27355 24145792 3899987 0 0 530331 506344 0 0 5536998 3150009 6067329 3656353 18078463 243634 21060585 21133860 800278 1864467 20260307 19269393 X 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. false false 351803 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 886707 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. 1238510 true true false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 85 22 22 false false false false false false false false false false false true false false false X 5 2 false false false false false false false true true false false true true false false false true false false false CA X SOUND OF HOPE RADIO NETWORK 4153988019 333 KEARNY ST 5TH FLOOR SAN FRANCISCO CA 94108 ALLEN YONG ZENG BOARD CHAIR 20.00 X X 0 0 0 SUSANNA SU HUAN LU BOARD MEMBER X 0 0 0 JENNY ZHENG BOARD MEMBER X 0 0 0 JANICE LIU VICE PRESIDE 20.00 X X 42719 0 0 FAN WEN FINANCIAL OF 20.00 X X 31560 0 0 74279 false false false 578197 578197 UNDERWRITING 515100 1727921 1727921 BUSINESS SPONSORSHIP 515100 560550 560550 WEBSITE - SPONSORSHIP 515100 515427 515427 EVENT - SPONSORSHIP 515100 11764 11764 2815662 217515 217515 261258 261258 261258 261258 OTHER REVENUE 27355 27355 27355 3899987 3321790 74279 74279 398325 398325 33740 33740 15101 15101 42518 42518 50933 50933 52117 52117 292175 292175 38530 38530 29071 29071 PROFESSIONAL FEE 1106947 1106947 SPONSORSHIP COMMISSION 475382 475382 AIR TIME COST 411325 411325 COST OF SPONSORSHIP 335000 335000 300910 16803 284107 3656353 1238510 2417843 0 1191829 141344 179094 97234 124041 3778018 173952 376119 3604066 16227495 12251700 3086048 4915475 21060585 21133860 393380 294488 341898 279254 65000 40000 1250725 800278 1864467 X 20260307 19269393 20260307 19269393 21060585 21133860 X 243634 -1234275 -273 X X false true X X 655579 595148 691744 612761 578197 3133429 655579 595148 691744 612761 578197 3133429 3133429 61 106 214 381 3133810 6480701 0.99990 0.99980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1626170 1626170 1566986 1566986 584862 173952 410910 3604066 INVESTMENT IN RELAX MEDIA 2000000 INVESTMENT IN BEAUTIFUL LIFE INC 1500000 LOAN RECEIVALE 200000 DUE FROM AMERICAN DAILY 188692 LOAN TO SF KQEA FM 96.9 169768 LOAN TO WQEQ LP 125000 LOAN TO KQHU-LP 111516 LOAN TO WALNUT CA KQEV FM 104.7 104764 LOAN TO MILLBRAE CA KQEM FM 96.1 78673 LOAN TO WQEG LP 58340 LOAN TO KQHU LP 57074 LOAN TO ROCKVILLE WQER FM 96.7 55000 LOAN TO ATALANTA FM 101.90 50818 LOAN TOWQEB LP 50000 LOAN TO PHILADEPHIA WQEW FM 98.5 40000 SECRUITY DEPOSIT 38007 LOAN TO SEATTLE KQES FM 101.90 35912 LOAN TO WQEP LP 30000 LOAN TO KQLS LP 21911 4915475 BESSEMER LINE OF CREDIT 1250725 1250725 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).