2015-02-12T13:43:27-06:00 2014-06-30 204193611 Batts Morrison Wales & Lee PA 801 North Orange Avenue Suite 800 Orlando FL 32801 990 2013-07-01 650496702 Coral Ridge Ministries Media Inc d/b/a Truth in Action Ministries CORA 9543345352 5555 North Federal Highway Suite 1 Ft Lauderdale FL 33308 William T Allen Treasurer 9543345352 2015-02-12 1 Michele M Wales P00428093 4077706000 2015-02-10 2013 2016-03-07 17:11:31Z James B Carlson 5555 North Federal Highway Suite 1 Ft Lauderdale FL 33308 5824001 0 X www.truthinaction.org X 1994 FL Introducing people to Jesus Christ, nurturing and encouraging Christians, and reforming culture. 6 4 40 7 20817 3855 7074113 5598985 38710 30785 24168 -903 166833 116433 7303824 5745300 0 0 0 0 2621154 1630142 37280 3913 404318 4765985 2098641 7424419 3732696 -120595 2012604 4068741 5059620 3824284 2716361 244457 2343259 1. Introducing people to Jesus Christ 2. Nurturing and encouraging Christians 3. Reforming culture to protect religious liberty and America's Christian heritage 0 0 2541652 0 9968 Coral Ridge Ministries Media, Inc. d/b/a Truth in Action Ministries has several goals: To teach God's Word through the media such as radio, television, and the printed word; to assist Christians in their spiritual growth by providing video, audio, and printed resources; and to protect religious liberty and America's heritage by encouraging the application of Biblical principles through media broadcasting. Millions of people are reached and served each year. 2541652 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 21 0 1 40 1 1 1 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CA CO GA HI KS KY LA MD MN MS NH NM NC OR PA SC TN UT VA WA WV WI X Michele Callender 9543345352 5555 North Federal Highway Suite 1 Ft Lauderdale FL 33308 James B Carlson President/CEO 40.00 X X 8654 0 0 William T Allen Treasurer/Director 2.00 X X 0 0 0 Gladys Israel Secretary/Director 4.00 X X 0 0 0 Jennifer Cassidy Director 2.00 X 0 0 0 Lawrence L Eldridge Director 2.00 X 0 0 0 Dr Michael Milton Director 2.00 X 0 0 0 Charles White Director (thru 08/2013) 2.00 X 0 0 0 William M Whitten Director (thru 08/2013) 2.00 X 0 0 0 Frank Johnson Exec. Vice-President (thru 09/2013) 40.00 X 76892 0 15251 Stephen E Kahlke Director of Finance (thru 09/2013) 40.00 X 98485 0 7714 184031 0 22965 0 0 0 0 Japs Olson Company 7500 Excelsior Boulevard St Louis Park MN 55426 Direct Mail services 576872 Lifeway Christian Resources 1 Lifeway Plaza Nashville TN 37234 Order Fulfillment 194114 Bird & Loechl LLC 3414 Peachtree Road NE Atlanta GA 30326 Legal services 188014 Agilis Co 2380 Crossroads Boulevard Albert Lea MN 56007 Mail Processing Services 146251 Mail Handling Group 7550 Corporate Way Eden Prairie MN 55344 Direct Mail services 144797 6 47074 5551911 61621 5598985 Production income 519100 30785 9968 20817 30785 3 3 5867 5867 60715 61621 -906 -906 -906 31530 47074 17080 14450 14450 Miscellaneous income 900099 96116 96116 96116 5745300 9968 20817 115530 170159 170159 1098157 771439 171460 155258 22157 14186 7879 92 229188 132562 65633 30993 110481 67144 29549 13788 99410 22729 72981 3700 36600 36600 3913 3913 113985 73315 33380 7290 41481 24256 17225 678162 533031 92975 52156 120409 88263 17859 14287 39992 21736 12543 5713 8456 5603 2213 640 11786 8613 2813 360 108379 84911 21130 2338 83358 54934 16138 12286 Printing & publications 284982 250232 274 34476 Radio & TV airtime 154811 154811 Miscellaneous 138866 101494 33140 4232 Premiums 73030 31121 41909 104934 101272 3662 3732696 2541652 786726 404318 X 1106400 712871 0 393530 265543 581623 45667 43385 99921 5605 84924 119381 365963 317623 12296582 12015661 173264 280921 702650 2003667 1978140 1028422 1028422 1370 1870 4068741 5059620 1264379 549984 489996 289763 2069909 1876614 3824284 2716361 X -354643 1676570 599100 666689 244457 2343259 4068741 5059620 X 2012604 86198 X X 0 1 X 1 0 X 16583121 12448161 9487613 7074113 5598985 51191993 16583121 12448161 9487613 7074113 5598985 51191993 51191993 12974 65321 52392 132868 5870 269425 17755 8102 3276 3855 32988 8476 164740 50422 33977 96116 353731 51848137 170673 0.98730 0.99050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8628 16342 24970 3707726 3732696 336635 84159 0 0 918742 585172 521221 336635 2361770 3542655 281173 71130 55617 24970 432890 229686 146293 130305 84159 590443 885665 158677 45315 39895 8628 252515 727238 727238 0 10760087 10479329 280758 809257 809094 163 280921 Restricted split-interest investments 1978140 F 1978140 Liability for annuities and trusts 1311451 Obligation under intellectual property rights agreement 565163 1876614 X 5848578 86198 86198 5762380 -17080 -17080 5745300 3749776 17080 17080 3732696 0 3732696 Part X, Line 2: The Organization is exempt from federal income tax as an organization described in Section 501(c)(3) of the Internal Revenue Code and from state income tax pursuant to Florida law. The Organization is further classified as a public charity and not a private foundation for federal tax purposes. The Organization engages in a certain unrelated business activity, the net income from which is subject to federal and state income taxes. Income taxes related to this activity are immaterial. The Organization has not taken any material uncertain tax positions for which the associated tax benefits may not be recognized under accounting principles generally accepted in the United States. Federal and state tax authorities may generally examine the Organization's income tax positions or (if applicable) returns for periods of approximately three to six years. Part XI, Line 2d - Other Adjustments: Changes in the value of annuities and trusts $86,198 Part XI, Line 4b - Other Adjustments: Fundraising event direct expenses $17,080 Part XII, Line 2d - Other Adjustments: Fundraising event direct expenses $17,080 X X X 1 Donor Care Center Inc 480 West Tuscarawas Ave Third Floo Barberton OH 44203 Telemarketing services 0 30349 21333 9016 The Pursuant Group Inc 5151 Belt Line Road Suite 900 Dallas TX 75254 Direct mail, e-mail consultants 0 0 57841 -57841 30349 79174 -48825 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI 40th Anniv. Gala 78604 47074 31530 2428 2197 12455 78604 47074 31530 2428 2197 12455 17080 14450 Est of Dr D James Kennedy See Part V 120000 See Part V 0 Steve Carlson Family member of James B. Carlson, Vice President 76404 Employment 0 Joanne L Kahlke Family member of Stephen E. Kahlke, Director of Finance 82791 Employment 0 Schedule L, Part IV, Line 1: Indirect - a current director of the Organization indirectly owns more than a 35% beneficial interest in the estate. Schedule L, Part IV, Line 1: Dr. D. James Kennedy, the Organization's former president, passed away on September 5, 2007. Dr. Kennedy served as the Organization's president for thirteen years before his death, and never received compensation from the Organization for his services during his lifetime. Effective September 6, 2007, the Organization entered into a purchase agreement with the estate of the former president which provides the Organization with exclusive rights to certain intellectual property created by the former president outside the scope of his employment with the Organization. In addition, the agreement provides the Organization with certain rights related to use of the former president's name and likeness. The Organization's Board of Directors relied upon an independent appraisal in determining the value of the intellectual property and other rights acquired pursuant to the agreement with Dr. Kennedy's estate. During the year ended June 30, 2014, the Organization paid $120,000 to the estate of the former president in connection with this agreement. X 6 61621 Fair market value 0 0 0 0 Form 990, Part VI, Section B, line 11 The chair of the Organization's finance committee and the Organization's top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final Form 990 is also provided to the voting members of the Organization's governing body prior to its filing with the IRS. Form 990, Part VI, Section B, line 12c The Organization complies with the provisions of its conflict of interest policy regarding annual disclosure of interests that could give rise to conflicts and regarding specific procedures for addressing any such conflicts. Form 990, Part VI, Section B, line 15 The Organization has adopted and follows an executive compensation setting policy applicable to all disqualified persons. The policy is consistent with the procedures outlined in Treas. Reg. 53.4958-6. Form 990, Part VI, Section C, line 19 The Organization's Articles of Incorporation are publicly available through the Florida Division of Corporations. The Organization provides copies of its bylaws and its conflict of interest policy to those responsible for complying with them. Form 990, Part XI, line 9: Changes in the value of annuities and trusts 86,198. Form 990, Part XI, Line 2c: The Organization's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.