2015-08-11T14:11:10-05:00 2014-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 1000 CHARLOTTE NC 28204 990 2014-01-01 560750258 BLUE RIDGE BROADCASTING CORPORATION BLUE 8282858477 PO BOX 159 BLACK MOUNTAIN NC 28711 DAVID BRUCE PRESIDENT 8282858477 2015-08-10 1 JANICE A RATICA P00358837 7043771678 2014 2016-02-25 16:41:14Z DAVID BRUCE 3 PORTERS COVE ROAD ASHEVILLE NC 28805 3537219 0 X WWW.BRB.ORG X 1959 NC TO PROCLAIM GOD'S GOSPEL MESSAGE THROUGH RADIO AND THE INTERNET 7 5 0 70 0 0 2219152 2345579 804301 806220 131834 232678 149433 152742 3304720 3537219 0 0 0 0 1808996 1990853 0 0 276469 1705535 1559385 3514531 3550238 -209811 -13019 9640552 9778625 355537 449095 9285015 9329530 X BLUE RIDGE BROADCASTING CORPORATION'S MISSION IS TO "GO INTO ALL THE WORLD AND PREACH THE GOOD NEWS TO ALL CREATION" (MARK 16:15). WE PROCLAIM THE GOSPEL OF JESUS CHRIST USING BIBLE TEACHING AND CHRISTIAN MUSIC ON RADIO STATIONS IN WESTERN NORTH CAROLINA AND THROUGH INTERNET OUTREACHES THAT STRETCH ACROSS THE GLOBE. 0 0 3037155 806220 "'EVERYONE WHO CALLS ON THE NAME OF THE LORD WILL BE SAVED.' BUT HOW CAN THEY CALL ON HIM TO SAVE THEM UNLESS THEY BELIEVE IN HIM? AND HOW CAN THEY BELIEVE IN HIM IF THEY HAVE NEVER HEARD ABOUT HIM? AND HOW CAN THEY HEAR ABOUT HIM UNLESS SOMEONE TELLS THEM?" (ROMANS 10:13-14). EVERY DAY BLUE RIDGE BROADCASTING WORKS TO TELL THOUSANDS OF PEOPLE ABOUT JESUS CHRIST. THROUGH EVANGELISM, DISCIPLESHIP AND MISSION OPPORTUNITIES WE STRIVE TO LEAD PEOPLE INTO A PERSONAL AND DYNAMIC RELATIONSHIP WITH JESUS CHRIST. IN 2014 BLUE RIDGE BROADCASTING AIRED OVER 10,000 HOURS OF EVANGELISTIC AND DISCIPLESHIP TEACHING PROGRAMS; AIRED OVER 20,000 HOURS OF CHRISTIAN MUSIC; SPONSORED CONCERTS, TRADE SHOWS, FESTIVALS, SPORTING EVENTS, MARRIAGE CONFERENCES, WOMEN'S CONFERENCES, EVANGELISTIC EVENTS, TEACHING EVENTS, AND SPEAKING EVENTS WITH COMBINED ATTENDANCE OF OVER 235,000 AND RESULTING IN AT LEAST 10,500 DECISIONS OF SALVATION OR RECOMMITMENT. THE 2014 MISSION OPPORTUNITIES INCLUDED HELPING 1,552 CHILDREN ATTEND CHRISTIAN SCHOOLS FOR ONE YEAR; COLLECTING OVER 8,000 OPERATION CHRISTMAS CHILD SHOEBOXES; SPONSORED 6,300 CHILDREN WITH ASSISTANCE DURING CHRISTMAS SEASON; AND SUPPORTING OUR SISTER STATION IN REACHING OVER 500,000 ARABIC SPEAKING PEOPLE. 3037155 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 5 1 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC VA TN WV FL X X JOHN OWENS III 8282858477 3 PORTERS COVE ROAD ASHEVILLE NC 28805 WILLIAM WILCOX DIRECTOR 1.00 0.00 X 0 0 0 WM FRANKLIN GRAHAM III DIRECTOR 0.30 40.00 X 0 205999 52678 MELVIN GRAHAM JR DIRECTOR 0.30 1.00 X 0 0 0 ALEX MCFARLAND DIRECTOR 1.00 0.00 X 0 0 0 E HAROLD MUNN JR SECRETARY-TREASURER 1.00 0.00 X X 0 0 0 DAVID BRUCE PRESIDENT 0.30 40.00 X X 0 135164 83381 PETER FONTAINE VICE PRESIDENT 1.00 0.00 X X 0 0 0 ALICE KNIGHTEN GENERAL MANAGER 40.00 0.00 X 0 96841 26529 JAMES KIRKLAND DIRECTOR OF RADIO 20.00 20.00 X 0 124573 38371 BILLY GRAHAM FORMER CHAIRMAN 0.00 40.00 X 0 158976 83958 CLIFF BARROWS FORMER DIRECTOR 0.00 40.00 X 0 105156 94181 0 826709 379098 0 1 1 0 0 2345579 2345579 RADIO PROGRAMS 515100 717888 717888 PROGRAM REVENUE 900099 88332 88332 806220 232678 232678 152742 0 152742 152742 152742 3537219 806220 0 385420 1017735 873357 64877 79501 431332 370142 27496 33694 81462 69906 5193 6363 359575 308565 22922 28088 100749 86457 6422 7870 12451 10684 794 973 11000 11000 100743 86451 6422 7870 67781 58165 4321 5295 281160 241274 17923 21963 24989 21444 1593 1952 282036 242026 17979 22031 39821 34172 2538 3111 201 172 13 16 226745 194579 14454 17712 OUTREACH AND DEVELOPMEN 255153 218957 16265 19931 PROGRAMMING EXPENSES 180411 154817 11501 14093 OTHER 55710 47808 3551 4351 SUPPLIES AND EQUIPMENT 21184 18179 1350 1655 3550238 3037155 236614 276469 502 500 2782253 1582166 111451 119679 4648 860 4436119 3146594 1442297 1289525 277097 429178 3597304 4931717 1425000 1425000 9640552 9778625 355537 446874 2221 355537 449095 X 9285015 9329530 9285015 9329530 9640552 9778625 -13019 57534 0 X 0 1 X 1 0 X 2556517 2164335 3247030 2233552 2345579 12547013 773475 873426 833959 804301 806220 4091381 3329992 3037761 4080989 3037853 3151799 16638394 15000 45000 60000 0 15000 45000 60000 16578394 315506 317729 310975 331603 385420 1661233 315506 317729 310975 331603 385420 1661233 3645498 3355490 4391964 3369456 3537219 18299627 0.90590 0.91400 0.09080 0.08520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1183541 55843 1239384 1139790 43751 1183541 1070427 69363 1139790 1058101 12326 1070427 1058101 1058101 1.00000 0.00000 0.00000 0 0 70746 70746 1486245 1220246 265999 2875956 1926348 949608 3172 3172 1289525 FIXED INCOME 4931717 F 4931717 X 3598153 57534 14400 71934 3526219 11000 11000 3537219 3553638 14400 14400 3539238 11000 11000 3550238 PART X, LINE 2: THE CORPORATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE IRC. MANAGEMENT BELIEVES THAT THE CORPORATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AND IS NOT SUBJECT TO TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE EFFECT OF FASB GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS BY PRESCRIBING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CORPORATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE CORPORATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2014 AND 2013, AND ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. INCOME TAX RETURNS FOR THE 2011 TAX YEARS AND AFTERWARDS ARE SUBJECT TO AUDIT. PART V, LINE 4 THE ORGANIZATION'S ENDOWMENT IS AN INVESTMENT IN RESERVE FOR A LARGE CAPITAL EXPENDITURE. 0 0 0 0 0 0 0 0 0 WM FRANKLIN GRAHAM III DIRECTOR 0 105999 0 0 0 100000 0 44835 0 7843 0 258677 0 0 DAVID BRUCE PRESIDENT 0 134890 0 0 0 274 0 34450 0 48931 0 218545 0 0 JAMES KIRKLAND DIRECTOR OF RADIO 0 124573 0 0 0 0 0 7965 0 30406 0 162944 0 0 BILLY GRAHAM FORMER CHAIRMAN 0 82190 0 0 0 76786 0 13305 0 70653 0 242934 0 0 CLIFF BARROWS FORMER DIRECTOR 0 94379 0 0 0 10777 0 23251 0 70930 0 199337 0 0 SCHEDULE J, PART II: THE COMPENSATION REPORTED IN PART II OF SCHEDULE J IS THE TOTAL COMPENSATION FOR EACH EMPLOYEE PAID BY THE BILLY GRAHAM EVANGELISTIC ASSOCIATION. THIS COMPENSATION IS BEING REPORTED HERE BY BLUE RIDGE BROADCASTING CORPORATION, AS REQUIRED, BUT IT IS NOT DUPLICATED BY BLUE RIDGE BROADCASTING CORPORATION, WHICH HAS NO EMPLOYEES AND NO PAYROLL. FORM 990, PART VI, SECTION A, LINE 2 DR. BILLY GRAHAM AND WILLIAM FRANKLIN GRAHAM, III HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED TO CLARIFY QUALIFICATIONS FOR DIRECTORS; TO INCORPORATE THE ORGANIZATION'S STATEMENT OF FAITH; AND TO REFER TO THE BILLY GRAHAM EVANGELISTIC ASSOCIATION (FED TAX ID 45-2588350) AS A NORTH CAROLINA NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL CONSIST OF NOT LESS THAN THREE (3) NOR MORE THAN FIFTEEN (15) DIRECTORS. EACH YEAR, AT ITS ANNUAL MEETING, THE BOARD OF DIRECTORS OF BILLY GRAHAM EVANGELISTIC ASSOCIATION ("BGEA") SHALL DESIGNATE THE BOARD OF DIRECTORS OF THIS CORPORATION, ANY OR ALL OF WHOM MAY ALREADY BE SERVING AS DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS REVIEWED BY THE AUDIT REVIEW COMMITTEE AND THE FULL BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BLUE RIDGE BROADCASTING'S CONFLICT OF INTEREST POLICY COVERS ALL "RESPONSIBLE PERSONS", WHICH INCLUDES ANY BOARD MEMBER, OFFICER, DIVISIONAL VICE PRESIDENT, OR MEMBER OF MANAGEMENT STAFF WHO HAS A MATERIAL FINANCIAL INTEREST. DISCLOSURE STATEMENTS ARE SUBMITTED BY THESE INDIVIDUALS ON AN ANNUAL BASIS, AS WELL AS THROUGHOUT THE YEAR AS A SITUATION MAY ARISE. A SUMMARY OF POTENTIAL CONFLICTS DISCLOSED BY BOARD MEMBERS, ETC ARE REPORTED TO THE BOARD AUDIT REVIEW COMMITTEE FOR REVIEW. RESTRICTIONS IMPOSED ON PERSONS INVOLVED IN TRANSACTIONS WITH A POTENTIAL CONFLICT INCLUDE PROHIBITING HIM FROM PARTICIPATING IN THE BOARD OR COMMITTEE DELIBERATIONS AND APPROVAL OF THE TRANSACTION. THROUGHOUT THE YEAR, INTERNAL AUDIT AND LEGAL STAFF MONITOR THE ADDITION OF NEW BOARD MEMBERS AND THE HIRING OF NEW EMPLOYEES WHOSE POSITION MAY ALLOW THEM TO HAVE A MATERIAL FINANCIAL INTEREST IN A TRANSACTION. DISCLOSURE STATEMENTS ARE REQUESTED AND RECEIVED FROM THESE INDIVIDUALS. POTENTIAL CONFLICTS, IF ANY, ARE REPORTED TO THE BOARD AUDIT REVIEW COMMITTEE. THE PROCESS FOR REVIEW OF TRANSACTIONS WITH POTENTIAL CONFLICTS VARIES BASED ON THE INDIVIDUAL WITH THE CONFLICT. IF A STAFF MEMBER IS NOT A DISQUALIFIED PERSON, ANY PROPOSED TRANSACTION THAT MAY BE A CONFLICT OF INTEREST MUST BE REVIEWED AND APPROVED BY THE CEO OR HIS DESIGNEE. ALL MATERIAL TERMS AND CONDITIONS OF THE TRANSACTION SHALL BE DESCRIBED IN WRITING AND PROVIDED TO THE CEO OR HIS DESIGNEE PRIOR TO ENTERING INTO THE TRANSACTION. THE CEO WILL REVIEW THE TRANSACTION TO DETERMINE IF IT IS FAIR AND IN THE BEST INTERESTS OF THE COMPANY. IF THE PERSON WITH THE POTENTIAL CONFLICT OF INTEREST IS A DISQUALIFIED PERSON, THE RESPONSIBLE PERSON WILL PROVIDE ALL MATERIAL TERMS AND CONDITIONS TO THE CEO IN WRITING. THE CEO WILL FORWARD SUCH INFORMATION TO THE COMPENSATION COMMITTEE CHAIRMAN FOR REVIEW AND DECISION BY THE COMPENSATION COMMITTEE PRIOR TO THE CONSUMMATION OF THE TRANSACTION. THE TRANSACTION SHALL ONLY BE PERMITIED IF THE COMPENSATION COMMITTEE DETERMINES THAT (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED, (2) THE RESPONSIBLE PERSON WITH THE CONFLICT IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION BY THE COMPENSATION COMMITTEE, AND (3) THE TRANSACTION IS FAIR AND IN THE BEST INTEREST OF THE COMPANY BY USE OF A COMPARABLE VALUATION OR COMPETITIVE BID. THE COMPENSATION COMMITTEE CHAIRMAN WILL PRESENT THE MATERIAL FACTS OF THE TRANSACTION TO THE FULL BOARD OF DIRECTORS FOR RATIFICATION. IF THE CEO OR HIS FAMILY MEMBER IS THE ONE WITH THE POTENTIAL CONFLICT OF INTEREST, THEN INITIAL DISCLOSURE SHALL BE MADE DIRECTLY TO THE COMPENSATION COMMITTEE CHAIRMAN BY THE VICE PRESIDENT OF CORPORATE AFFAIRS USING THE SAME CRITERIA AS LISTED ABOVE. THE COMPENSATION COMMITTEE WILL REVIEW AND DECIDE IF THE TRANSACTION IS FAIR AND IN THE BEST INTERESTS OF THE COMPANY. THE COMPENSATION COMMITTEE CHAIRMAN WILL PRESENT THE MATERIAL FACTS OF THE TRANSACTION TO THE FULL BOARD OF DIRECTORS FOR RATIFICATION. IF THE CONFLICT INVOLVES A GRANT, PAYMENT, OR BENEFIT TO ANOTHER 501(C)(3) ORGANIZATION WITHIN THE EXEMPT PURPOSES OF THE COMPANY, THE MATERIAL TERMS OF SUCH TRANSACTIONS WILL BE SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW AT SUCH COMMITTEES PERIODIC MEETINGS AND ANNUALLY SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND RATIFICATION. FORM 990, PART VI, SECTION B, LINE 15 BLUE RIDGE BROADCASTING ("BRB") IS A MINISTRY OF THE BILLY GRAHAM EVANGELISTIC ASSOCIATION ("BGEA") AND THE STAFF OF BRB ARE EMPLOYED BY BGEA. WHERE APPROPRIATE, COMPENSATION PAID BY BGEA TO BRB STAFF IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BRB BOARD OF DIRECTORS, IN ADDITION TO ANY REVIEW REQUIRED BY BGEA. COMPARABILITY DATA FROM THE CHRISTIAN MUSIC BROADCASTERS SALARY STUDY IS USED BY THE BRB EXECUTIVE COMMITTEE FOR REVIEW. ALL FINAL DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 BLUE RIDGE BROADCASTING'S ARTICLES OF INCORPORATION, CONFLICT OF INTEREST POLICY, AND THE AUDITED ANNUAL REPORT ARE PROVIDED UPON REQUEST AND AVAILABLE FOR INSPECTION AT OUR OFFICE IN ASHEVILLE, NC. THE AUDITED ANNUAL REPORT IS ALSO POSTED ON OUR WEBSITE. BILLY GRAHAM EVANGELISTIC ASSOCIATION 1 BILLY GRAHAM PARKWAY CHARLOTTE NC 28201 452588350 GOSPEL/MINISTRIES MN 501(C)(3) LINE 7 N/A 0 GRAHAM FUND FOR EVANGELISM 1 BILLY GRAHAM PARKWAY CHARLOTTE NC 28201 363194680 SUPPORT BILLY GRAHAM CENTER AT WHEATON COLLEGE NC 501(C)(3) LINE 11A, I BILLY GRAHAM EVANGELISTIC ASSOCIATION 0 COVE ENDOWMENT TRUST FUND 1 BILLY GRAHAM PARKWAY CHARLOTTE NC 28201 411794875 SUPPORT THE MINISTRY AT BILLY GRAHAM TRAINING CENTER NC 501(C)(3) LINE 11A, I BILLY GRAHAM EVANGELISTIC ASSOCIATION 0 ORGANIZACAO REBG BRASIL AV ADOLFO PINHEIRO 2360 SAO PAULO BR EVANGELISM IN BRAZIL BR N/A N/A BILLY GRAHAM EVANGELISTIC ASSOCIATION 0 BGEA MN 1 BILLY GRAHAM PARKWAY CHARLOTTE NC 28201 410692230 EVANGELISM MN 501(C)(3) LINE 11A, I BILLY GRAHAM EVANGELISTIC ASSOCIATION 0 BILLY GRAHAM LIBRARY ENDOWMENT FUND 1 BILLY GRAHAM PARKWAY CHARLOTTE NC 28201 806198602 EVANGELISM NC 501(C)(3) LINE 11A, I BILLY GRAHAM EVANGELISTIC ASSOCIATION 0 BGEA PTE LTD 133 CECIL STREET SN EVANGELISM SN N/A C 0 ILLUSION PROPERTIES SA 200 E FROM COSTA RICAN CS FOR SALE CS BGEA C 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0