Nonprofit · EIN 94-2816342
EDUCATIONAL MEDIA FOUNDATION
Also known as K-LOVE RADIO
Tax-exempt · ROCKLIN, CA 95765
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $261,048,728 | $168,014,712 | $93,034,016 | $1,187,442,265 | $85,239,846 | $1,102,202,419 |
| December 31, 2023 | 990 | $242,249,152 | $154,549,969 | $87,699,183 | $1,124,971,160 | $94,805,128 | $1,030,166,032 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $223,395,128
- Program service revenue
- $4,580,700
- Investment income
- $25,249,334
- Net rental income
- $173,308
- Net gain from sales of assets
- $16,821,997
- Net income from sales of inventory
- $188,369
- Other revenue
- $7,823,566
Expenses
- Grants and similar amounts paid
- $549,125
- Compensation of officers, directors and key employees
- $3,970,667
- Other salaries and wages
- $45,980,680
- Salaries, compensation and benefits (total)
- $66,192,796
- Professional fundraising fees
- $2,437,290
- Legal fees
- $1,901,166
- Accounting fees
- $422,308
- Occupancy
- $2,734,114
- Travel
- $2,244,560
- Depreciation
- $12,612,769
- Program services (functional)
- $116,154,460
- Management and general (functional)
- $40,117,164
- Fundraising (functional)
- $11,743,088
Balance sheet and other
- Total assets, start of year
- $1,124,971,160
- Total assets, end of year
- $1,187,442,265
- Total liabilities, end of year
- $85,239,846
- Net assets, end of year
- $1,102,202,419
- Land, buildings and equipment
- $215,951,986
- Publicly traded securities
- $141,323,774
- Net assets without donor restrictions
- $1,077,633,676
- Net assets with donor restrictions
- $24,568,743
- Gross unrelated business income
- $158,205
- Gross receipts
- $659,874,381
- Employees
- 666
- Volunteers
- 300
- Year formed
- 1981
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TODD WOODS | CEO/DIRECTOR (END 5/15/24) Trustee or director, Officer | 50 | $639,885 | $48,455 |
| EDWIN RICE | CHIEF TECHNOLOGY OFFICER Key employee | 50 | $521,375 | $46,993 |
| DONNA ECTON | CHAIRMAN (END 3/1/24) Trustee or director, Officer | 1 | $0 | $525,000 |
| DAVID PIERCE | CHIEF MEDIA OFFICER (END 4/21/25) Key employee | 50 | $362,348 | $36,818 |
| MATTHEW REYNOLDS | CFO/TREASURER Officer | 50 | $291,564 | $43,283 |
| MARGARET BAHOU | CHIEF PEOPLE OFFICER Key employee | 50 | $299,934 | $31,082 |
| JANET CHERRY | FORMER CHIEF TRANSITION OFFICER Former | 50 | $330,971 | $0 |
| CHARLES LOONEY SR | VP OF INFRASTRUCTURE & OPERATIONS Highest-paid employee | 50 | $288,874 | $40,795 |
| JAMES HOUSER | CHIEF RADIO OFFICER Key employee | 50 | $283,269 | $43,945 |
| JOE MILLER | VP SIGNAL DEVELOPMENT Highest-paid employee | 50 | $291,717 | $33,725 |
| DAVID ATKINSON | FORMER CAO Former | 50 | $317,281 | $0 |
| SAM WALLINGTON | VP OF ENGINEERING Highest-paid employee | 50 | $271,296 | $43,517 |
| NATALIE CARLISLE | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 50 | $281,099 | $28,426 |
| BETHANY DAVIS | CHIEF MARKETING & COMM. OFFICER Highest-paid employee | 50 | $292,882 | $11,262 |
| RORY MCKEAN | COUNSEL/ASST. SEC. (END 4/2/25) Officer | 50 | $189,512 | $31,324 |
8 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN MYERS | COUNSEL/SECRETARY Officer | 50 | $199,229 | $17,956 |
| KENDRA HICKEY | CONTROLLER/ASSISTANT TREASURER Officer | 50 | $164,790 | $34,806 |
| TOM STULTZ | CEO/DIRECTOR Trustee or director, Officer | 50 | $158,020 | $1,079 |
| SAM HORN | DIRECTOR Trustee or director | 1 | $16,000 | $0 |
| MITCH BARNHART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK BRANNON | DIRECTOR (END 12/31/24) Trustee or director | 1 | $0 | $0 |
| NINA JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY SHIRER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JANET CHERRY | CHIEF TRANSITION OFFICER END 7/31/23 Highest-paid employee | 50 | $552,972 | $41,438 |
| DAVID ATKINSON | CFO/TREAS END 3/23; CAO END 7/23 Officer | 50 | $551,889 | $25,789 |
| TODD WOODS | CEO/DIRECTOR END 5/15/24 Trustee or director, Officer | 50 | $453,039 | $44,788 |
| DAVID PIERCE | CHIEF MEDIA OFFICER Key employee | 50 | $318,393 | $35,777 |
| KRISTINA MILLER | CHIEF PEOPLE OFFICER END 1/5/24 Key employee | 50 | $297,233 | $32,077 |
| JAMES HOUSER | SENIOR VP OF RADIO Key employee | 50 | $283,522 | $43,345 |
| JOE MILLER | VP SIGNAL DEVELOPMT/ASST TREASURER Officer | 50 | $287,376 | $34,815 |
| SAM WALLINGTON | VP OF OPERATIONS AND ENGINEERING Highest-paid employee | 50 | $266,158 | $43,730 |
| JARROD GRAETZ | VP STREAMING/INTL GROWTH END 12/23 Highest-paid employee | 50 | $262,973 | $37,888 |
| EDWIN RICE | CHIEF TECHNOLOGY OFFICER Key employee | 50 | $255,249 | $43,323 |
| SCOTT SMITH | KLOVE AIR TALENT Highest-paid employee | 50 | $245,642 | $40,329 |
| MATTHEW REYNOLDS | CFO/TREASURER Officer | 50 | $226,955 | $41,299 |
| MICHAEL MCCALL | CHIEF ENGAGEMENT OFFICER END 8/11/23 Highest-paid employee | 50 | $254,322 | $9,811 |
| SUSAN MYERS | COUNSEL/SECRETARY Officer | 50 | $224,527 | $18,401 |
| MICHAEL LEWIS | PRES/DIR END 3/21/23 CFO END 5/19/23 Trustee or director, Officer | 50 | $201,857 | $17,893 |
| SHAINE GRIESHABER | SEC END 5/25/22 EVP GGR END 12/31/22 Former | 50 | $219,586 | $0 |
| JON REEVES | CEO/DIRECTOR END 3/21/23 Trustee or director, Officer | 50 | $131,014 | $15,829 |
| DONNA ECTON | CHAIRMAN (END 3/1/24) Trustee or director, Officer | 1 | $0 | $0 |
| LARRY MOODY | VICE CHAIR (END 12/31/23) Trustee or director, Officer | 1 | $0 | $0 |
| EMIL KALLINA | DIRECTOR (END 12/31/23) Trustee or director | 1 | $0 | $0 |
| TOM STULTZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MITCH BARNHART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY SHIRER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK BRANNON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5700 WEST OAKS BLVD, ROCKLIN, CA 95765-3719
- In care of
- % DAVID ATKINSON
- Principal officer (990 for 2024)
- TOM STULTZ, 5700 WEST OAKS BLVD, ROCKLIN, CA 95765
- Signed the 990
- MATT REYNOLDS, CFO AND TREASURER
- Phone
- (916) 251-1600
- Website
- WWW.EMFBROADCASTING.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2816342 or by the name EDUCATIONAL MEDIA FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
CREATE AND DISTRIBUTE QUALITY AND COMPELLING MEDIA THAT INSPIRES AND ENCOURAGES PEOPLE TO HAVE A MEANINGFUL RELATIONSHIP WITH JESUS CHRIST THROUGH K-LOVE RADIO NETWORK; AIR1 RADIO NETWORK; WTA MEDIA, LLC (WTA); ACCESSMORE PODCASTING; K-LOVE ONDEMAND; K-LOVE BOOKS; AND K-LOVE FILMS. EDUCATIONAL MEDIA FOUNDATION (EMF) MEDIA CHANNELS INCLUDE RADIO, FILM, LITERATURE, PODCASTING, AND DIGITAL CONTENT. EMF HAS FULFILLED ITS EDUCATIONAL AND RELIGIOUS MISSION PRIMARILY THROUGH RADIO BROADCASTING, WHILE INTRODUCING OTHER MEDIA (AS ITS NAME CONNOTES) OVER TIME. IN 2024, EMF CONTINUED TO INVEST IN FAITH-BASED BOOK PUBLISHING, MARKETING, AND DISTRIBUTION THROUGH EMF PUBLISHING, LLC. EMF WILL CONTINUE TO FULFILL ITS EDUCATIONAL AND RELIGIOUS PURPOSES PRIMARILY THROUGH TERRESTRIAL RADIO, STREAMING, PODCASTING, PUBLISHING, AND VIDEO, WHILE EXPLORING NEW MEDIA OPPORTUNITIES TO SHARE THE GOSPEL OF JESUS.
Program accomplishments
- EMF OWNS AND/OR MANAGES MULTIPLE MEDIA CHANNELS INCLUDING, BUT NOT LIMITED TO, NON-COMMERCIAL RELIGIOUS AND EDUCATIONAL RADIO BROADCASTING; FILM AND VIDEO PRODUCTION, MARKETING, AND DISTRIBUTION; LIVE EVENTS; LITERATURE; STREAMING; PODCASTING, AND OTHER DIGITAL MEDIA.Expenses $110,229,321 · revenue $12,116,989
- PASTORAL CARE DEPARTMENT OF EMF PROVIDES SPIRITUAL SUPPORT TO THE ORGANIZATION'S LISTENING AUDIENCE, AND TO LOCAL COMMUNITIES AND CHURCHES BY CONNECTING CALLERS TO MINISTRY RESOURCES IN THEIR AREAS. THE PASTORAL CARE DEPARTMENT OFFERS BIBLICALLY BASED COUNSELING AND PRAYER, PRIMARILY VIA TELEPHONE, FROM TRAINED PASTORS AND PASTORAL CARE TEAM MEMBERS. THE PASTORAL CARE TEAM IS AVAILABLE TO TAKE LIVE LISTENER CALLS THROUGHOUT THE DAY AND PASTORS ARE ON CALL (24-7) SHOULD CRISIS SUPPORT AND INTERVENTION BE NECESSARY. IN ADDITION, LISTENERS ARE ENCOURAGED TO LEAVE THEIR PRAYER REQUESTS ON THE KLOVE.COM AND AIR1.COM WEBSITES OR VIA EMF'S DIGITAL APPS. THE PASTORAL CARE DEPARTMENT AND THE STAFF OF EMF PRAY FOR THESE REQUESTS DAILY.Expenses $4,723,106
- CRISIS RESPONSE EDUCATIONAL TRAINING EQUIPS AND SUPPORTS FIRST AND SECOND RESPONDER NETWORKS PROACTIVELY THROUGH TRAINING AND PREPAREDNESS, AND REACTIVELY DURING DISASTER RECOVERY COMMUNITY RESPONSES THROUGH RESILIENCY INTERVENTIONS. THESE SERVICES ARE OFFERED TO (BUT NOT LIMITED TO) FIRST RESPONDERS (POLICE, FIRE), SECONDARY RESPONDERS (MEDICAL HEALTH PROFESSIONALS), AND COMMUNITY CHAPLAINS. THE CLASSES ARE PROVIDED AT NO CHARGE AND TEACH THE BASICS OF CRITICAL INCIDENT STRESS MANAGEMENT (CISM). THIS PROGRAM WAS DEVELOPED AS AN OUTGROWTH OF OUR PASTORAL MINISTRY AND LOCAL OUTREACH.Expenses $330,496
- THE DARE II DREAM EDUCATIONAL SCHOOL ASSEMBLY PROGRAM ADDRESSES THE ONGOING CHALLENGES FACING THE YOUTH OF TODAY. THE RELIGIOUSLY NEUTRAL AND BIBLICALLY-BASED PRESENTATION EDUCATES KIDS THAT THEIR CHOICES TODAY WILL IMPACT THEIR LIVES TOMORROW. STUDENTS ARE ENCOURAGED TO SURROUND THEMSELVES WITH POSITIVE INFLUENCES, RESIST NEGATIVE PEER PRESSURES, AND TO MOVE FORWARD BY STAYING TRUE TO THE DREAMS AND GOALS PLACED ON THEIR HEARTS. THIS EDUCATIONAL SERVICE IS OFFERED AT NO CHARGE TO THE SCHOOL AND SERVES THE COMMUNITY UNDER THE UMBRELLA OF THE AIR1 NETWORK. THIS PROGRAM WAS DEVELOPED AS AN OUTGROWTH OF OUR PASTORAL MINISTRY AND LOCAL OUTREACH.Expenses $322,412
- EMF PROVIDED GRANTS TO EXEMPT ORGANIZATIONS WHICH EDUCATE, SUPPORT, AND PROMOTE CHRISTIAN EVANGELISM, EDIFICATION, AND VALUES.Expenses $549,125 · grants $549,125
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 94-2816342
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A340)
- Assets (IRS master file)
- $1,187,442,265
- Income (IRS master file)
- $659,874,381
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $261,048,728 | $168,014,712 | $1,187,442,265 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $242,249,152 | $154,549,969 | $1,124,971,160 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $238,353,904 | $165,501,654 | $1,046,247,591 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-2816342).
Questions about EDUCATIONAL MEDIA FOUNDATION
- What is the EIN of EDUCATIONAL MEDIA FOUNDATION?
- The employer identification number (EIN) of EDUCATIONAL MEDIA FOUNDATION is 94-2816342.
- Is EDUCATIONAL MEDIA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to EDUCATIONAL MEDIA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EDUCATIONAL MEDIA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EDUCATIONAL MEDIA FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EDUCATIONAL MEDIA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EDUCATIONAL MEDIA FOUNDATION?
- The 990 for the year ended December 31, 2024 names TOM STULTZ.
- Who are the officers and directors of EDUCATIONAL MEDIA FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 23 people; 18 received compensation from the organization, the highest $639,885 (TODD WOODS, CEO/DIRECTOR (END 5/15/24)).
- How much revenue does EDUCATIONAL MEDIA FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $261,048,728, expenses of $168,014,712 and total assets of $1,187,442,265 at year end.
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All nonprofits in ROCKLIN · California · Arts, culture and humanities