2011-07-27T08:06:53-05:00 2010-12-31 WARREN AVERETT KIMBROUGH & MARINO LLC 2500 ACTON ROAD BIRMINGHAM AL 35243 990 2010-01-01 630801391 ETERNAL WORD TELEVISION NETWORK INC ETER 2052712900 5817 OLD LEEDS ROAD IRONDALE AL 35210 MR MICHAEL P WARSAW 2057955744 2011-06-29 1 2059794100 2010 2016-03-07 17:11:31Z MR MICHAEL P WARSAW 5817 OLD LEEDS ROAD IRONDALE AL 35210 47645204 0 X WWW.EWTN.COM X 1981 AL EWTN GLOBAL CATHOLIC NETWORK OPERATES TELEVISION, RADIO, & INTERNET MEDIA NETWORKS FROM A CATHOLIC PERSPECTIVE. PRODUCING MORE THAN 75% ORIGINAL PROGRAMMING, EWTN OFFERS INSPIRING TALK SHOWS, ENTERTAINING CHILDREN'S ANIMATION, EXCLUSIVE TEACHING SERIES, LIVE COVERAGE OF CHURCH EVENTS, AND THOUGHT-PROVOKING DOCUMENTARIES THROUGH TELEVISION, RADIO, & INTERNET MEDIA NETWORKS. 12 9 384 0 0 0 39879886 43416580 437169 434977 59086 260841 45580 60738 40421721 44173136 711513 654263 0 0 14215960 15576858 0 0 2737434 22374723 22138155 37302196 38369276 3119525 5803860 42535438 47012368 4590007 3284767 37945431 43727601 EWTN'S MISSION IS TO COMMUNICATE THE TEACHINGS AND THE BEAUTY OF THE CATHOLIC CHURCH AND TO HELP PEOPLE GROW IN THEIR LOVE AND UNDERSTANDING OF GOD AND HIS INFINITE MERCY. 0 0 33729047 454368 OPERATION OF RELIGIOUS TELEVISION, RADIO, & INTERNET MEDIA NETWORKS FROM A CATHOLIC PERSPECTIVE. 33729047 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 X 0 0 384 1 0 1 CA GM EI FR AS 0 0 0 1 1 0 0 0 0 X 12 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MR MICHAEL MURPHEY 2057955744 5817 OLD LEEDS ROAD IRONDALE AL 35210 R WILLIAM STELTEMEIER 40.00 X X 77705 0 15237 MICHAEL P WARSAW 40.00 X X X 162057 0 19117 CHARLES M WILSON 1.00 X X 0 0 0 MOST REV CHARLES J CHAPUT 1.00 X 0 0 0 MOST REV ROBERT J BAKER 1.00 X 0 0 0 DANNY ABRAMOWICZ 1.00 X 0 0 0 CHRISTINA AKL 1.00 X 0 0 0 MOST REV JOSE GOMEZ 1.00 X 0 0 0 HELEN HITCHCOCK 1.00 X 0 0 0 MARY ANN MATHILE 1.00 X 0 0 0 DOUG KECK 40.00 X X X 142752 0 18517 FATHER ANTHONY MARY STELTON 1.00 X 0 0 0 RONDA M GARRICK 40.00 X 31256 0 12817 CHRIS WEGEMER 40.00 X 117038 0 11829 530808 0 77517 3 0 1 0 0 300000 43116580 1891426 43416580 PROGRAM SERVICE REVENU 515100 434977 434977 434977 141844 141844 41347 41347 3486849 104216 3352001 120067 134848 -15851 118997 118997 OTHER REVENUE 900099 19391 19391 19391 44173136 454368 0 302188 288194 288194 366069 366069 413770 142752 235675 35343 11576491 10139987 776492 660012 651464 554664 59843 36957 2107057 1797050 167691 142316 828076 707728 83136 37212 128075 28856 99219 83894 83894 196244 190696 5548 899729 688737 4621 206371 459997 54019 174897 231081 137964 121956 4740 11268 978027 975815 452 1760 735246 672794 58861 3591 365154 355792 9362 3168734 3083835 4385 80514 177303 177303 TRANSPONDER RENTAL COST 7368108 7368108 TECHNICAL SERVICES 2028944 2020239 8020 685 PROGRAM LICENSE FEES 1693534 1693534 POSTAGE AND SHIPPING 1207301 426930 8908 771463 TELEPHONE COST 1002495 975249 18428 8818 1507406 898740 98623 510043 38369276 33729047 1902795 2737434 8637606 11968198 4006709 5713516 604216 201898 15652 1821592 1783376 69951578 44253478 25851638 25698100 150410 140547 1463267 1491081 42535438 47012368 2828483 2912757 1365219 396305 372010 4590007 3284767 X 35817795 41004865 1063698 1676680 1063938 1046056 37945431 43727601 42535438 47012368 X 5803860 -21690 X X 0 1 1 X 0 X 34025162 38808048 36032541 39879886 43416580 192162217 34025162 38808048 36032541 39879886 43416580 192162217 3113193 189049024 216566 79846 137974 59086 260841 754313 114546 75482 375418 482749 375636 1423831 194340361 0.97280 0.96740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11 1420556 809225 1676679 1 1 1063938 -17882 1046056 968329 95609 1063938 1143820 -175491 968329 1.00000 0 1 1 7392666 7392666 13800942 4492841 9308101 80424 58372 22052 45526398 37341621 8184777 3151148 2360644 790504 25698100 DEFERRED COMPENSATION PAYABLE 372010 372010 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: EWTN IS THE BENEFICIARY OF SEBASTIAN PAUL LONG TESTAMENTARY TRUST. EWTN HAS THE IRREVOCABLE RIGHT TO RECEIVE 75 PERCENT OF THE ANNUAL INCOME EARNED ON THE TRUST'S ASSETS WITH THE BALANCE OF THE INCOME ADDED TO THE CORPUS. THE PRINCIPAL OF THE TRUST IS NEVER TO BE INVADED AND WILL BE PERPETUAL AS LONG AS EWTN IS IN EXISTENCE. EWTN IS ALSO A BENEFACTOR OF TWO OTHER SMALL PERMANENT ENDOWMENTS WITH SIMILAR RESTRICTIONS. 0 ITALY 0 1 EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 53501 PUERTO RICO 0 1 EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 22318 ENGLAND 0 1 EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 22318 IRELAND 0 1 EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 22318 MEXICO 0 1 EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 55829 ARGENTINA 0 1 EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 54602 SPAIN 0 1 EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 27270 ECUADOR 0 1 EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 54957 PHILIPPINES EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 123804 CAMEROON EXEMPT PURPOSE BROADCASTING/MARKETING ACTIVITY CONDUCTED IN REGION. 60660 8 0 8 313113 184464 497577 GERMANY TO ASSIST EWTN-TV GGMBH WITH THE OPERATION OF THEIR TAX EXEMPT PURPOSE. 366069 WIRE TRANSFER FMV 1 0 0 0 0 0 0 0 1 FRANCISCAN MISSIONARIES OF THE ETERNAL WORD 5820 OLD LEEDS ROAD IRONDALE AL 35210 501 (C)(3) 139000 CHARITY DIOCESE OF BIRMINGHAMHISPANIC SOCIAL SERVICES 2121 3RD AVE NORTH BIRMINGHAM AL 35203 501 (C)(3) 88000 CHARITY OUR LADY OF SOLITUDE MONASTERY PO BOX 92 BLACK CANYON AZ 85324 501 (C)(3) 13000 CHARITY 3 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: EWTN MANAGEMENT EVALUATES AND APPROVES THE DISTRIBUTION OF FUNDS TO OTHER ORGANIZATIONS FOR ASSISTANCE. X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL P WARSAW 137851 0 24206 0 0 0 8700 0 10417 0 181174 0 0 0 DOUG KECK 125610 0 16642 0 500 0 8100 0 10417 0 161269 0 0 0 X 41 331525 FAIR MARKET VALUE X 1 135901 FAIR MARKET VALUE X 1 1424000 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE PRIOR TO A MEETING TO APPROVE THE FORM. AT THIS MEETING THE FORM 990 IS DISCUSSED AND APPROVED FOR FILING BY THE COMMITTEE. A COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ARTICLE VII OF THE CONFLICT OF INTEREST POLICY PROVIDES FOR PERIODIC REVIEWS TO BE CONDUCTED TO ENSURE EWTN OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSE AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. ALL BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE CERTIFYING COMPLIANCE WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 EWTN HAS A COMPENSATION AND MANAGEMENT DEVELOPMENT COMMITTEE. THE PURPOSE OF THE INDEPENDENT COMMITTEE IS TO ASSIST THE BOARD IN: (1) OVERSEEING THE CORPORATION'S COMPENSATION PHILOSOPHY AND ITS EMPLOYEE COMPENSATION AND BENEFITS PROGRAMS CONSISTENT WITH SUCH PHILOSOPHY; (2) REVIEWING AND MAKING DETERMINATIONS REGARDING COMPENSATION, BENEFITS AND INCENTIVE PROGRAMS FOR OTHER SENIOR OFFICERS; AND (3) OVERSEEING AND REVIEWING THE MANAGEMENT DEVELOPMENT AND SUCCESSION PLANS FOR THE CORPORATION. FORM 990, PART VI, SECTION C, LINE 19 THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THE FORM 990 IS MADE AVAILABLE ON OTHER WEBSITES AT WWW.GUIDESTAR.ORG AND WWW.CHARITYNAVIGATOR.ORG. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -21,690. THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT REVIEWS AND DISCUSSES THE EXTERNAL AUDIT. THIS COMMITTEE IS DIRECTLY RESPONSIBLE FOR THE OVERSITE OF THE AUDIT PROCESS. EWTN RELIGIOUS CATALOGUE INC 5817 OLD LEEDS ROAD IRONDALE AL 35210 631180778 THE SALE OF EDUCATIONAL AND RELIGIOUS ITEMS IN SUPPORT OF EWTN AL 501(C)(3) 509(A)(3) ETERNAL WORD TELEVISION NETWORK INC 0 SEBASTIAN PAUL LONG TESTAMENTARY TRUST 5817 OLD LEEDS ROAD IRONDALE AL 35210 726176613 TO GENERATE INCOME FOR THE BENEFIT OF EWTN AL 501(C)(3) 509(A)(3) TRUSTEE MICHAEL P WARSAW 0 EWTN-TV GGMBH AN DER NESSELBURG 4 BONN GERMANY GM SUBSIDIARY BROADCASTING NETWORK IN GERMANY GM 501(C)(3) 509(A)(3) ETERNAL WORD TELEVISION NETWORK INC 0 ETERNAL WORD TELEVISION NETWORK CANADA 1285 EGLINTON AVENUE EAST UNIT 38 MISSISSAUGA, ONTARIO CANADA CA AFFILIATED BROADCASTING NETWORK IN CANADA CA 501(C)(3) 509(A)(3) ETERNAL WORD TELEVISION NETWORK INC (CANADA) 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 EWTN RELIGIOUS CATALOGUE INC A 41347 FMV EWTN RELIGIOUS CATALOGUE INC C 300000 FMV EWTN RELIGIOUS CATALOGUE INC P 608714 FMV EWTN-TV GGMBH B 366069 FMV ETERNAL WORD TELEVISION NETWORK CANADA P 347711 FMV