2011-05-13T09:27:53-05:00 2010-06-30 REED QUINN & MCCLURE LLC 6055 ATLANTIC BLVD STE A-1 NORCROSS GA 30071 990 2009-07-01 581816773 LEADING THE WAY WITH DR MICHAEL YOUSSEF INC LEAD 4048410100 PO BOX 20100 ATLANTA GA 30325 Dr Michael Youssef 4048410100 2010-10-25 1 DANIEL T McCLURE 7704499144 2009 2016-02-24 21:20:13Z Dr Michael Youssef PO BOX 20100 ATLANTA GA 30325 11437637 0 X N/A X 1989 GA SEE PAGE 2 PART III 13 13 33 35 0 0 11094714 11431316 0 -351926 -129135 8247 8961 10751035 11311142 0 0 1951958 1904428 0 923165 8946877 8717073 10898835 10621501 -147800 689641 15038126 15936413 594921 821016 14443205 15115397 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 1964000 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 (lip synched) in Arabic, Hindi, and Turkish with voice-over programs in Russian and Urdu and in over 200 countries worldwide. Leading The Way video programming may also be viewed as well on the ministry's main website (leadingtheway.org), Lightsource, YouTube, Tangle (formerly GodTube), Facebook, iPhone, iTunes and other related online outlets. 2763244 LTW Radio:LTW Radio produces 650 radio programs of Dr. Michael Youssef a year in English and is broadcast on nearly 500 networks and stations and airing 5,000 times per week. These broadcasts are also aired in 200 countries internationally in 20 different languages. Each International broadcast uses a dual language where a phrase in English is followed by a translation into one of 20 different languages. Often people tune in to learn English, but are soon impacted by the revealing Truth of Jesus and the Gospel. 1462469 Kingdom SAT:The Kingdom SAT was launched on March 2, 2009 as a 24/7 satellite TV Channel. This channel's coverage is reaching 120 million homes in 66 countries of the Middle East, North Africa, 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 leading pastors and teachers from North America and the United Kingdom who share LTW's commitment to the Gospel of Jesus Christ. 3171305 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. 3171305 9361018 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 1 42 0 1 33 1 0 0 0 0 0 0 0 0 0 1 1 0 13 13 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 3585 NORTHSIDE PARKWAY ATLANTA GA ATLANTA GA 30327 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 Nick Ayers 2.00 X 0 0 0 Graeme Blaiklock 2.00 X 0 0 0 Doug Craft 2.00 X 0 0 0 Dennis Chorba 2.00 X 0 0 0 Tom Curlin 2.00 X 0 0 0 Dr Eric Graham 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 JOSHUA YOUSSEF 40.00 X 104505 0 19605 MAGED ATALLA 40.00 X 88528 0 21168 MARK MATTA 40.00 X 87082 0 21037 mike tilley 40.00 X 111046 0 23194 ROB PRICE 40.00 X 96346 0 21871 487507 0 106875 2 0 0 0 0 1880785 9550531 11431316 -129135 -129135 135456 126495 8961 8961 11311142 8961 0 -129135 594382 405899 40373 148110 992421 677452 66958 248011 48611 33055 3403 12153 155799 110958 13582 31259 113215 77283 7639 28293 59430 46507 5167 7756 227259 205877 18846 2536 98259 94910 3349 656344 590260 40606 25478 46625 43725 2900 99265 91634 7631 144672 112192 4174 28306 172763 172613 90 60 185030 168445 16585 6196 5576 620 PROGRAM AIRTIME 5506756 5506756 PRODUCTION COSTS 716696 665471 51225 FUNDRAISING 391203 391203 DEVOTIONAL MAGAZINE 352405 352405 SATELLITE 54170 54170 10621501 9361018 337318 923165 9000104 13158751 33400 21756 29750 116976 4214191 2387400 1893941 1826791 6170 6998 3997673 715943 77088 89198 15038126 15936413 558326 795722 36595 25294 594921 821016 X 13540793 15115397 902412 0 14443205 15115397 15038126 15936413 X 0 1 1 X 0 X 9881510 11780648 11949850 11094714 11431316 56138038 9881510 11780648 11949850 11094714 11431316 56138038 4147248 51990790 647637 287659 340985 56268 8864 1341413 11663 501 145983 158147 57637598 807031 0.90200 0.93630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5240253 6378 5246631 5647382 -407129 5240253 1.00000 0 0 2601522 1011858 1589664 1612669 1375542 237127 1826791 ACCRUED LIABILITIES 25294 25294 11311142 10621501 689641 -17449 -17449 672192 11420188 -17449 126495 109046 11311142 0 11311142 10747996 126495 126495 10621501 0 10621501 Part V, Line 4: Description of Intended Use of Endowment Funds: 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. Part X: Description of Uncertain Tax Positions Under FIN 48: 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. Part XII, Line 2d - Other Adjustments: COST OF GOODS SOLD - PAGE 1, PART I, LINE 10B: 126495. Part XIII, Line 2d - Other Adjustments: COSTS OF GOODS SOLD - PAGE 1, PART I, LINE 10B: 126495. JOSHUA YOUSSEF SON OF PRESIDENT 124110 COMPENSATED EMPLOYEE 0 ELIZABETH YOUSSEF WIFE OF PRESIDENT 0 UNCOMPENSATED DIRECTOR 0 X 23 306569 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. FORM 990 PAGE 12 LINE 2C: NO CHANGE FEOM PREVIOUS YEAR 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 CHURCH OF THE APOSTLES 3585 Northside Parkway Northwest ATLANTA GA 30327 RELIGIOUS ORGANIZATION GA 501(c)(3) 11 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 MCMICHAEL COMMUNICATIONS INC D 400092 MCMICHAEL COMMUNICATIONS INC M 5000 MCMICHAEL COMMUNICATIONS INC N 15000 CHURCH OF THE APOSTLES C 1880785