2013-05-09T08:33:40-05:00 2012-06-30 582053827 REED QUINN & MCCLURE LLC 6055 ATLANTIC BLVD STE A-1 NORCROSS GA 30071 990 2011-07-01 581816773 LEADING THE WAY WITH DR MICHAEL YOUSSEF INC LEAD 4048410100 PO BOX 20100 ATLANTA GA 30325 DR MICHAEL YOUSSEF 4048410100 2013-05-06 1 PAULINE E SHANNON P00466854 7704499144 2011 2016-02-25 16:41:14Z DR MICHAEL YOUSSEF PO BOX 20100 ATLANTA GA 30325 16515385 0 X N/A X 1989 GA SEE PAGE 2 PART III 10 10 43 44 0 0 12761289 16027356 0 0 -68587 3016 226768 479526 12919470 16509898 0 0 0 0 2071696 2546143 0 0 1407156 13337653 10640523 15409349 13186666 -2489879 3323232 13329540 18282317 790368 2279826 12539172 16002491 X TO LEAD THE WAY FOR PEOPLE LIVING IN SPIRITUAL DARKNESS, AT HOME AND AROUND THE WORLD, TO DISCOVER THE LIGHT OF CHRIST AS WE PASSIONATELY PROCLAIM UNCOMPROMISING TRUTH. 0 0 2343783 LTW TV:LTW TV PROGRAMS ARE BROADCAST MORE THAN 700 TIMES PER WEEK ON OVER 500 NETWORKS AND STATIONS WORLDWIDE. EACH 30-MINUTE TV PROGRAM IS PRODUCED IN 14 ENGLISH SPEAKING VERSIONS AND DUBBED IN ARABIC,FARSI, HINDI, RUSSIAN, TURKISH AND URDU WITH SUBTITLED PROGRAMS IN ARABIC AND INDONESIAN. PROGRAMS ARE IN OVER 190 COUNTRIES WORLDWIDE. ADDITIONALLY, LEADING THE WAY'S VIDEO PROGRAMMING MAY BE VIEWED ON THE MINISTRY'S MAIN WEBSITE (LEADINGTHEWAY.ORG), LIGHTSOURCE, YOUTUBE, TANGLE (FORMERLY GODTUBE), FACEBOOK, IPHONE, ANDROID, IPAD, ITUNES AND OTHER RELATED MEDIA CHANNELS. 4347931 LTW RADIO:LTW RADIO PRODUCES OVER 500 RADIO PROGRAMS OF DR. MICHAEL YOUSSEF A YEAR IN ENGLISH AND IS BROADCAST ON OVER 400 NETWORKS AND STATIONS AND AIRING 4,200 TIMES PER WEEK. THESE BROADCASTS ARE ALSO AIRED IN 100 COUNTRIES INTERNATIONALLY IN 21 DIFFERENT LANGUAGES. EACH INTERNATIONAL BROADCAST USES A DUAL LANGUAGE WHERE A PHRASE IN ENGLISH IS FOLLOWED BY A TRANSLATION INTO ONE OF 21 DIFFERENT LANGUAGES. PEOPLE WILL OFTEN TUNE IN TO LEARN ENGLISH BUT ARE SOON IMPACTED BY THE REVEALING TRUTH OF JESUS AND THE GOSPEL. 1530223 THE KINGSOM SATTHE KINGDOM SAT WAS LAUNCHED ON MARCH 2, 2009 AS A 24/7 SATELLITE TV CHANNEL. THIS CHANNEL'S COVERAGE IS REACHING COUNTLESS NUMBER OF HOUSEHOLD AROUND THE GLOBE AND SPECIFICALLY IN THE MIDDLE EAST, NORTH AFRICA, SOUTH AMERICA AND EUROPE. EACH OF DR. MICHAEL YOUSSEF'S PROGRAMS HAS BEEN SELECTED TO ENSURE THE FULL GOSPEL MESSAGE IS TAUGHT IN LOVE AND TRUTH. IN ADDITION, THE CHANNEL IS OFFERING PROGRAMS FROM PROMINENT PASTORS AND TEACHERS FROM NORTH AMERICA, THE UNITED KINGDOM AND THE MIDDLE EAST, WHO SHARE LTW'S COMMITMENT TO THE GOSPEL OF JESUS CHRIST. 3212301 OTHER EXPENSES TO ASSIST IN ACHEIVING MISSION OF LEADING THE WAY FOR PEOPLE LIVING IN SPIRITUAL DARKNESS, AT HOME AND AROUND THE WORLD, TO DISCOVER THE LIGHT OF CHRIST AS WE PASSIONATELY PROCLAIM UNCOMPROMISING TRUTH. 3212301 11434238 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 1 52 0 1 43 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X THE ORGANIZATION 4048410100 1570 NORTHSIDE DRIVENW 100 ATLANTA GA 30318 DR MICHAEL YOUSSEF 20.00 X X 0 0 0 HANK MCCAMISH 2.00 X X 0 0 0 JAMES CASWELL 3.00 X X 0 0 0 SANDRA JOHNSON 2.00 X X 0 0 0 DENNIS CHORBA 2.00 X 0 0 0 BILL LONG 2.00 X 0 0 0 DOUG MCMURRAIN 2.00 X 0 0 0 ELIZABETH YOUSSEF 2.00 X 0 0 0 RICK SWANSON 2.00 X 0 0 0 NICK AYERS 2.00 X 0 0 0 JOSHUA D YOUSSEF 40.00 X 127186 0 29446 127186 0 29446 1 0 1 0 0 16027356 4478742 16027356 3218 3218 148520 0 148520 148520 148520 5285 5487 -202 -202 -202 331006 0 331006 331006 16509898 479526 0 3016 156632 104944 10964 40724 1877905 1294992 120809 462104 130149 72813 21653 35683 187366 152431 1161 33774 194091 133880 12805 47406 82930 33684 3743 45503 278894 191102 16958 70834 45800 45396 404 815744 742301 56022 17421 473623 463053 1590 8980 163278 146949 16329 174403 105374 6545 62484 311639 283119 28520 10583 9525 1058 PROGRAM AIRTIME 6728429 6728429 APPEAL LETTER/FUNDRAISI 654491 83334 261 570896 OTHER EXPENSES 385410 327613 46450 11347 PRODUCTION COSTS 354173 354173 161126 161126 13186666 11434238 345272 1407156 6198211 6992598 13341 28556 13481 119248 13223013 2915627 6357200 10307386 8892 9787 644218 781127 0 94197 43615 13329540 18282317 743101 2246052 47267 33774 790368 2279826 X 12026952 14137052 512220 1865439 12539172 16002491 13329540 18282317 X 3323232 140087 X X 0 1 1 X 0 X 11949850 11094714 11431316 12761289 16027356 63264525 11949850 11094714 11431316 12761289 16027356 63264525 7807904 55456621 340985 56268 8864 84639 490756 145983 901127 1047110 64802391 880631 0.85580 0.88840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 664405 3218 667623 5246631 4646 4586872 664405 5240253 6378 5246631 5647382 -407129 5240253 11403510 1337970 10065540 1819503 1577657 241846 10307386 ACCRUED LIABILITIES 33774 33774 16509898 13186666 3323232 140087 140087 3463319 16649985 140087 140087 16509898 0 16509898 13186666 0 13186666 0 13186666 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE BOARD OF DIRECTORS HAS ESTABLISHED AN ENDOWMENT FUND FOR PAYMENT OF ADMINISTRATIVE COSTS OF LTW. NET ASSETS ALLOCATED TO THE ENDOWMENT FUND CONSIST SOLELY OF AMOUNTS DESIGNATED BY THE BOARD. THERE ARE NO DONOR RESTRICTIONS ON THE USE OF THESE FUNDS. SUBSEQUENT BOARDS MAY USE THESE ASSETS FOR ANY PURPOSE THEY DEEM APPROPRIATE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: LTW AND MCG ARE QUALIFIED AS TAX-EXEMPT ORGANIZATIONS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE IRS HAS DETERMINED THAT NEITHER ORGANIZATION IS A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS NECESSARY. 0 0 0 0 0 0 0 0 0 JOSHUA D YOUSSEF 127186 0 0 0 0 0 11446 0 18000 0 156632 0 0 0 JOSHUA YOUSSEF SON OF PRESIDENT 156632 COMPENSATED EMPLOYEE 0 ELIZABETH YOUSSEF WIFE OF PRESIDENT 0 UNCOMPENSATED DIRECTOR 0 X 26 445802 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JOSHUA YOUSSEF IS A COMPENSATED EMPLOYEE AND SON OF THE PRESIDENT FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE REVIEWED AND APPROVED BY THE LTW FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTOR, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTERESTS BETWEEN THEM AND LEADING THE WAY/MCMICHAEL AS SOON AS THEY BECOME AWARE OF IT. IF THERE IS A DISCLOSED CONFLICT, THEN THAT PERSON IS EXCLUDED FROM ANY DECISIONS OR DISCUSSIONS RELATED WITH THE CONFLICT OF INTEREST EITHER ON THE BOARD OF DIRECTORS OR THE MANAGEMENT OF LTW. ALSO, THE CEO AND EXECUTIVE DIRECTOR WILL DETERMINE IF THE CONFLICT IS MATERIAL IN RELATIONSHIP TO THE BEST INTERESTS OF THE LEADING THE WAY AND WHETHER THE CONFLICT OF INTEREST NEEDS TO BE RESOLVED OR TERMINATED. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT/CEO - LTW PROUDLY STATES THAT OUR PRESIDENT/CEO (DR. MICHAEL YOUSSEF) IS ALSO OUR #1 VOLUNTEER AND RECEIVES NO SALARY OR COMPENSATION FOR HIS SERVICES. OTHER OFFICERS AND KEY EMPLOYEES - PERIODICALLY A SALARY SURVEY IS DONE BY THE CFO OF THE SALARY POSITIONS TO REVIEW THE DIFFERENT LEVELS OF EMPLOYEE COMPENSATION BY LEADING THE WAY. THE SURVEY OF THESE POSITIONS IS THEN COMPARED TO NON PROFIT INDUSTRY STANDARDS IN ORDER TO ENSURE THAT THE SALARIES ARE FAIR IN COMPARISON TO THE INDUSTRY STANDARD. ANY MATERIAL VARIATIONS OF SALARY TO THE INDUSTRY STANDARD FROM THIS SURVEY ARE THEN CONSIDERED FOR SALARY ADJUSTMENTS TO MOVE THAT POSITION MORE IN LINE WITH THE NON PROFIT INDUSTRY SALARY STANDARD. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL INFORMATION MADE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 140,087. FORM 990 PAGE 12 LINE 2C: NO CHANGE FROM PREVIOUS YEAR. 1570 NORTHSIDE LLC PO BOX 20100 ATLANTA GA 30325 REAL ESTATE HOLDING GA 2902281 8677186 LEADING THE WAY INC MCMICHAEL COMMUNICATIONS GROUP INC PO BOX 20100 ATLANTA GA 30325 582535153 PURCHASE OF RADIO AND TELEVISION AIRTIME ON BEHALF OF LEADING THE WAY WITH D GA 501(C)(3) 11 LEADING THE WAY WDR MICHAEL YOUSSEF 0 CHURCH OF THE APOSTLES 3585 NORTHSIDE PARKWAY NORTHWEST ATLANTA GA 30327 RELIGIOUS ORGANIZATION GA 501(C)(3) 11 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 MCMICHAEL COMMUNICATIONS INC D 426653 MCMICHAEL COMMUNICATIONS INC M 6000 MCMICHAEL COMMUNICATIONS INC N 25000 CHURCH OF THE APOSTLES C 1813534