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Loam Media

Also known as Family Radio

Franklin, TN · EIN 94-1442453 · 501(c)(3) · Church
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Loam Media reported $10.7 million in revenue and $12.3 million in expenses for calendar year 2024. Of every $100 it spent, $70.09 went to program services, $24.05 to management and general costs and $5.86 to fundraising. Its largest source of revenue was contributions and grants: 72.6% of the total. The highest compensation it reported for one person was $235,026 (PRESIDENT). 8 people received more than $100,000 in reportable compensation. Revenue rose 49% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 290 covered religion-related charities: $88.39 programs, $9.62 management, $1.99 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 290 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
70.1%86.0%
Management & general
Part IX 25(C) ÷ 25(A)
24.1%9.4%
Fundraising
Part IX 25(D) ÷ 25(A)
5.9%1.9%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.09$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
72.6%83.4%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%2.3%
Highest reported compensation
Part VII-A, columns D–F
$235,026$276,040
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.91%1.40%
People paid over $100,000
Part VII, line 2
84
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
93.112.7
Independent voting board members
Part VI 1a–1b
4 of 490.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$8.6M expenses · 100.0% of program spending

Since 1958, family stations, inc.family radiohas remained a non-commercial, nonprofit radio and media ministry funded through the financial gifts of listeners and friends. Our mission is to declare the gospel of the lord jesus christ, the word of god; and to bring comfort and hope through uplifting music, poignant stories that teach biblical principles, and powerful, biblical preaching. We endeavor to be a trusted refuge for the weary, a beacon of hope for the hopeless, and a source of reliable, biblical truth. We accomplish our mission in a variety of ways: by airing nationally known…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Director/trustee, officer, highest compensated employee, 40.00 hrs/week
$228,126$0$6,900$235,026
COO
Key employee, 40.00 hrs/week
$175,631$0$3,870$179,501
IT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$117,377$0$0$117,377
DIRECTOR OF ENGINEERING
Highest compensated employee, 40.00 hrs/week
$115,321$0$0$115,321
DIRECTOR OF BROADCAST COMPLIANCE
Highest compensated employee, 40.00 hrs/week
$114,875$0$0$114,875
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$114,468$0$0$114,468
SR DIRECTOR OF CONTENT
Highest compensated employee, 0.00 hrs/week
$108,716$0$0$108,716
SR DIRECTOR OF IT
Highest compensated employee, 40.00 hrs/week
$104,836$0$0$104,836

8 people received more than $100,000 in reportable compensation from Loam Media (Part VII, line 2). Compensation of current officers, directors and key employees totaled $228K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$11M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$11M$12M70.1%$96M$235,026
2023 ⓘ$6.8M$12M71.6%$88M$341,891
2022 ⓘ$6.4M$9.9M73.7%$92M$241,172
2021 ⓘ$8.1M$9.2M75.2%$96M$202,413
2020 ⓘ$52M$8.8M70.7%$97M$185,048
2019 ⓘ$7.2M$9.9M68.9%$54M$197,308

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 540
  • Volunteers Part I, line 610

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
SHOWDOG STUDIO LLC
Media production
$1,687,609
BAUER ASKEW ARCHITECTURE PLLC
Design
$379,628
DJ DESIGNS LLC
Printmail service
$343,630

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Loam Media totaling $488 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Loam Media's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Loam Media, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All religion-related charities · Largest charities in Tennessee

Questions people ask

How much of Loam Media's spending goes to programs?

In calendar year 2024, Loam Media reported that 70.1% of its $12.3 million in expenses went to program services, 24.1% to management and general and 5.9% to fundraising (Form 990, Part IX).

How much does Loam Media pay its top executive?

The largest total compensation Loam Media reported for one person in calendar year 2024 was $235,026, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Loam Media get its money?

Of $10.7 million in revenue in calendar year 2024, 72.6% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Loam Media a registered charity?

The IRS lists EIN 94-1442453 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523219349307987 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433179349302923 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349312310 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202242359349300414 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132359349301013 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202012389349300426 · read the filing

All filings for EIN 94-1442453: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.