2006 Open to Public Inspection

Transcription

1 Form 99 Department of the Treasury Internal Revenue Service K Return of Organization Exempt From Income Tax Under section 51(c), 527, or 4947(a)(1) of the Internal Revenue Code (except lack lung enefit trust or private foundation) Check here if the organization is not a 59(a)(3) supporting organization and its gross receipts are normally not more than $25,. A return is not required, ut if the organization chooses to file a return, e sure to file a complete return. OMB No The organization may have to use a copy of this return to satisfy state reporting requirements. A For the 26 calendar year, or tax year eginning 7/1/26, 26, and ending 6/3/27, 2 Please Name of organization D Employer identification numer B Check if applicale: C use IRS Address change lael or FAR EAST BROADCASTING COMPANY INC print or Numer and street (or P.O. ox if mail is not delivered to street address) Room/suite E Telephone numer Name change type. Initial return See PO Box 1 ( 562 ) Specific Instructions. City or town, state or country, and ZIP + 4 Final return F Accounting method: Cash Accrual Amended return La Mirada, CA Other (specify) H and I are not applicale to section 527 organizations. Application pending Section 51(c)(3) organizations and 4947(a)(1) nonexempt charitale trusts must attach a completed Schedule A (Form 99 or 99-EZ). H(a) Is this a group return for affiliates? Yes No G H() If Yes, enter numer of affiliates Wesite: H(c) Are all affiliates included? Yes No J Organization type (check only one) 51(c) ( 3 ) (insert no.) 4947(a)(1) or 527 (If No, attach a list. See instructions.) I Group Exemption Numer M Check if the organization is not required L Gross receipts: Add lines 6, 8, 9, and 1 to line to attach Sch. B (Form 99, 99-EZ, or 99-PF). Part I Revenue, Expenses, and Changes in Net Assets or Fund Balances (See the instructions.) Revenue Expenses Net Assets 1 Contriutions, gifts, grants, and similar amounts received: a Contriutions to donor advised funds 1a 7,571,652 Direct pulic support (not included on line 1a) 1 c Indirect pulic support (not included on line 1a) 1c d Government contriutions (grants) (not included on line 1a) 1d e Total (add lines 1a through 1d) (cash $ 7,497,69 noncash $ 74,43 ) 1e 7,571,652 2 Program service revenue including government fees and contracts (from Part VII, line 93) 2 731,922 3 Memership dues and assessments 3 4 Interest on savings and temporary cash investments 4 159,89 5 Dividends and interest from securities 5 57,284 6a Gross rents 6a 13,5 Less: rental expenses 6 c Net rental income or (loss). Sutract line 6 from line 6a 6c 13,5 7 Other investment income (descrie See Statement 1 ) 7 3,95 (A) Securities (B) Other 8a Gross amount from sales of assets other than inventory 4,815,416 8a 2, Less: cost or other asis and sales expenses 4,292,98 8 c Gain or (loss) (attach schedule) Stmt 2 522,58 8c 2, d Net gain or (loss). Comine line 8c, columns (A) and (B) 8d 524,58 9 Special events and activities (attach schedule). If any amount is from gaming, check here a Gross revenue (not including $ of contriutions reported on line 1) 9a Less: direct expenses other than fundraising expenses 9 c Net income or (loss) from special events. Sutract line 9 from line 9a 9c 1a Gross sales of inventory, less returns and allowances 1a Less: cost of goods sold 1 c Gross profit or (loss) from sales of inventory (attach schedule). Sutract line 1 from line 1a 1c 11 Other revenue (from Part VII, line 13) 11 31, Total revenue. Add lines 1e, 2, 3, 4, 5, 6c, 7, 8d, 9c, 1c, and ,813,92 13 Program services (from line 44, column (B)) 13 6,55, Management and general (from line 44, column (C)) 14 79,55 15 Fundraising (from line 44, column (D)) 15 1,34, Payments to affiliates (attach schedule) Total expenses. Add lines 16 and 44, column (A) 17 8,645, Excess or (deficit) for the year. Sutract line 17 from line ,168, Net assets or fund alances at eginning of year (from line 73, column (A)) 19 11,557,712 2 Other changes in net assets or fund alances (attach explanation) Stmt , Net assets or fund alances at end of year. Comine lines 18, 19, and ,235,158 For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. H(d) Is this a separate return filed y an organization covered y a group ruling? Cat. No Y 26 Open to Pulic Inspection Yes No Form 99 (26)

2 Form 99 (26) Part II 22a 22 Statement of Functional Expenses Do not include amounts reported on line 6, 8, 9, 1, or 16 of Part I. Grants paid from donor advised funds (attach schedule) (cash $ noncash $ ) If this amount includes foreign grants, check here Other grants and allocations (attach schedule) (cash $ 2,276,945 noncash $ 8,79 ) If this amount includes foreign grants, check here 23 Specific assistance to individuals (attach schedule) 24 Benefits paid to or for memers (attach schedule) 25a Compensation of current officers, directors, key employees, etc. listed in Part V-A c a c d e f g 44 Compensation of former officers, directors, key employees, etc. listed in Part V-B Compensation and other distriutions, not included aove, to disqualified persons (as defined under section 4958(f)(1)) and persons descried in section 4958(c)(3)(B) Salaries and wages of employees not included on lines 25a,, and c Pension plan contriutions not included on lines 25a,, and c Employee enefits not included on lines 25a 27 Payroll taxes Professional fundraising fees Accounting fees Legal fees Supplies Telephone Postage and shipping Occupancy Equipment rental and maintenance Printing and pulications Travel Conferences, conventions, and meetings Interest Depreciation, depletion, etc. (attach schedule) Other expenses not covered aove (itemize): Total functional expenses. Add lines 22a through 43g. (Organizations completing columns (B) (D), carry these totals to lines 13 15) Page 2 All organizations must complete column (A). Columns (B), (C), and (D) are required for section 51(c)(3) and (4) organizations and section 4947(a)(1) nonexempt charitale trusts ut optional for others. (See the instructions.) (A) Total (B) Program services 22a 22 2,357,654 2,357, a 25 25c Stmt 4 (C) Management and general (D) Fundraising 179,376 73,58 85,811 2,57 2,491,112 1,677, , , ,726 94,983 23,396 26, , ,268 68,837 82,221 23,51 133,682 33,483 36, , ,929 33,69 4,961 26,455 1,653 15,73 7,381 7, ,726 74,777 13,654 72,295 35,527 21,868 4,54 9,65 55,86 28,317 14,444 13,45 453,6 426,867 11,862 14,871 22,257 21, ,898 62,731 37, ,33 161,45 8,999 14,839 65,27 317, ,125 3,177 7, ,492 13,848 22,35 26,294 Stmt 5 See Statement 6 43a 97, ,97 68,488 94, c 43d 43e 43f 43g 44 8,645,651 6,55,155 79,55 1,34,991 Joint Costs. Check if you are following SOP Are any joint costs from a comined educational campaign and fundraising solicitation reported in (B) Program services? Yes No If Yes, enter (i) the aggregate amount of these joint costs $ ; (ii) the amount allocated to Program services $ ; (iii) the amount allocated to Management and general $ ; and (iv) the amount allocated to Fundraising $ Form 99 (26)

3 Form 99 (26) Page 3 Part III Statement of Program Service Accomplishments (See the instructions.) Form 99 is availale for pulic inspection and, for some people, serves as the primary or sole source of information aout a particular organization. How the pulic perceives an organization in such cases may e determined y the information presented on its return. Therefore, please make sure the return is complete and accurate and fully descries, in Part III, the organization s programs and accomplishments. What is the organization s primary exempt purpose? All organizations must descrie their exempt purpose achievements in a clear and concise manner. State the numer of clients served, pulications issued, etc. Discuss achievements that are not measurale. (Section 51(c)(3) and (4) organizations and 4947(a)(1) nonexempt charitale trusts must also enter the amount of grants and allocations to others.) a See Statement 7 Christ to the World y Radio Program Service Expenses (Required for 51(c)(3) and (4) orgs., and 4947(a)(1) trusts; ut optional for others.) (Grants and allocations $ ) If this amount includes foreign grants, check here c (Grants and allocations $ ) If this amount includes foreign grants, check here d (Grants and allocations $ ) If this amount includes foreign grants, check here e f (Grants and allocations $ ) If this amount includes foreign grants, check here Other program services (attach schedule) (Grants and allocations $ ) If this amount includes foreign grants, check here Total of Program Service Expenses (should equal line 44, column (B), Program services) 6,55,155 Form 99 (26)

4 Form 99 (26) Page 4 Part IV Note: Balance Sheets (See the instructions.) Where required, attached schedules and amounts within the description column should e for end-of-year amounts only. 45 Cash non-interest-earing 46 Savings and temporary cash investments (A) Beginning of year (B) End of year 35, ,97,38 2,496, ,564,43 47a Accounts receivale Less: allowance for doutful accounts 47a ,772 6, 19,483 47c 16,772 Assets Liailities 48a Pledges receivale Less: allowance for doutful accounts 49 Grants receivale 48a 48 5a Receivales from current and former officers, directors, trustees, and key employees (attach schedule) 148,5 224, 48c 148,5 49 5a Receivales from other disqualified persons (as defined under section 4958(f)(1)) and persons descried in section 4958(c)(3)(B) (attach schedule) 5 51a Other notes and loans receivale (attach schedule) See Statement 8 51a 19,973 Less: allowance for doutful accounts ,982 51c 19, Inventories for sale or use Prepaid expenses and deferred charges 618, ,273 54a Investments pulicly-traded securities Cost FMV 1,339,377 54a 11,,931 Investments other securities (attach schedule) Cost FMV 54 55a Investments land, uildings, and equipment: asis 55a 1 Less: accumulated depreciation (attach schedule) See Statement c 1 56 Investments other (attach schedule) 56 57a Land, uildings, and equipment: asis 57a 7,912,553 Less: accumulated depreciation (attach schedule) Stmt ,725,142 1,235,357 57c 2,187, Other assets, including program-related investments (descrie See Statement 11 ) 217, , Total assets (must equal line 74). Add lines 45 through 58 16,52, ,674,391 6 Accounts payale and accrued expenses 2, , Grants payale Deferred revenue Loans from officers, directors, trustees, and key employees (attach schedule) 63 64a Tax-exempt ond liailities (attach schedule) 64a Mortgages and other notes payale (attach schedule) Other liailities (descrie See Statement 12 ) 4,294, ,264,5 Net Assets or Fund Balances 66 Total liailities. Add lines 6 through 65 4,494, ,439,233 Organizations that follow SFAS 117, check here 67 through 69 and lines 73 and Unrestricted 68 Temporarily restricted 69 Permanently restricted and complete lines Organizations that do not follow SFAS 117, check here and complete lines 7 through Capital stock, trust principal, or current funds 71 Paid-in or capital surplus, or land, uilding, and equipment fund 72 Retained earnings, endowment, accumulated income, or other funds 73 Total net assets or fund alances. Add lines 67 through 69 or lines 7 through 72. (Column (A) must equal line 19 and column (B) must equal line 21) 74 Total liailities and net assets/fund alances. Add lines 66 and 73 8,767, ,285,871 2,79, ,949, ,557, ,235,158 16,52, ,674,391 Form 99 (26)

5 Form 99 (26) Page 5 Part IV-A a c d 1 2 e Part IV-B a c d 1 2 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return (See the instructions.) Total revenue, gains, and other support per audited financial statements a 9,798,679 Amounts included on line a ut not on Part I, line 12: Net unrealized gains on investments 1 59,177 Donated services and use of facilities 2 Recoveries of prior year grants 3 Other (specify): See Statement ,418 Add lines 1 through 4 Sutract line from line a c Amounts included on Part I, line 12, ut not on line a: Investment expenses not included on Part I, line 6 d1 Other (specify): d2 Add lines d1 and d2 d Total revenue (Part I, line 12). Add lines c and d e Reconciliation of Expenses per Audited Financial Statements With Expenses per Return a Total expenses and losses per audited financial statements Amounts included on line a ut not on Part I, line 17: Donated services and use of facilities Prior year adjustments reported on Part I, line 2 Losses reported on Part I, line 2 Other (specify): Add lines 1 through 4 Sutract line from line a Amounts included on Part I, line 17, ut not on line a: Investment expenses not included on Part I, line 6 Other (specify): See Statement 14 Add lines d1 and d2 d 524,418 e Total expenses (Part I, line 17). Add lines c and d e 8,645,651 Part V-A Current Officers, Directors, Trustees, and Key Employees (List each person who was an officer, director, trustee, or key employee at any time during the year even if they were not compensated.) (See the instructions.) See Statement 15 (A) Name and address (B) Title and average hours per week devoted to position d1 d2 (C) Compensation (If not paid, enter --.) 524,418 c (D) Contriutions to employee enefit plans & deferred compensation plans -15,241 9,813,92 9,813,92 8,121,233 8,121,233 (E) Expense account and other allowances Form 99 (26)

6 Form 99 (26) Page 6 Part V-A Current Officers, Directors, Trustees, and Key Employees (continued) Yes No 75a Enter the total numer of officers, directors, and trustees permitted to vote on organization usiness at oard meetings 12 Are any officers, directors, trustees, or key employees listed in Form 99, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or usiness relationships? If Yes, attach a statement that identifies the individuals and explains the relationship(s) 75 c Do any officers, directors, trustees, or key employees listed in Form 99, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxale, that are related to the organization? See the instructions for the definition of related organization. 75c If Yes, attach a statement that includes the information descried in the instructions. d Does the organization have a written conflict of interest policy? 75d Part V-B Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits (If any former officer, director, trustee, or key employee received compensation or other enefits (descried elow) during the year, list that person elow and enter the amount of compensation or other enefits in the appropriate column. See the instructions.) (A) Name and address (B) Loans and Advances (C) Compensation (if not paid, enter --) (D) Contriutions to employee enefit plans & deferred compensation plans (E) Expense account and other allowances Part VI Other Information (See the instructions.) Yes No 76 Did the organization make a change in its activities or methods of conducting activities? If Yes, attach a detailed statement of each change Were any changes made in the organizing or governing documents ut not reported to the IRS? If Yes, attach a conformed copy of the changes a Did the organization have unrelated usiness gross income of $1, or more during the year covered y this return? If Yes, has it filed a tax return on Form 99-T for this year? 79 Was there a liquidation, dissolution, termination, or sustantial contraction during the year? If Yes, attach a statement 8a Is the organization related (other than y association with a statewide or nationwide organization) through common memership, governing odies, trustees, officers, etc., to any other exempt or nonexempt organization? If Yes, enter the name of the organization and check whether it is exempt or nonexempt 81a Enter direct and indirect political expenditures. (See line 81 instructions.) 81a Did the organization file Form 112-POL for this year? 78a a 81 Form 99 (26)

7 Form 99 (26) Page 7 Part VI Other Information (continued) Yes No 82a Did the organization receive donated services or the use of materials, equipment, or facilities at no charge or at sustantially less than fair rental value? 82a If Yes, you may indicate the value of these items here. Do not include this amount as revenue in Part I or as an expense in Part II. (See instructions in Part III.) 82 83a Did the organization comply with the pulic inspection requirements for returns and exemption applications? 83a Did the organization comply with the disclosure requirements relating to quid pro quo contriutions? 83 84a Did the organization solicit any contriutions or gifts that were not tax deductile? 84a If Yes, did the organization include with every solicitation an express statement that such contriutions or gifts were not tax deductile? (c)(4), (5), or (6) organizations. a Were sustantially all dues nondeductile y memers? 85a Did the organization make only in-house loying expenditures of $2, or less? 85 If Yes was answered to either 85a or 85, do not complete 85c through 85h elow unless the organization received a waiver for proxy tax owed for the prior year. c Dues, assessments, and similar amounts from memers 85c d Section 162(e) loying and political expenditures 85d e Aggregate nondeductile amount of section 633(e)(1)(A) dues notices 85e f Taxale amount of loying and political expenditures (line 85d less 85e) 85f g Does the organization elect to pay the section 633(e) tax on the amount on line 85f? 85g h If section 633(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85f to its reasonale estimate of dues allocale to nondeductile loying and political expenditures for the following tax year? 85h (c)(7) orgs. Enter: a Initiation fees and capital contriutions included on line 12 Gross receipts, included on line 12, for pulic use of clu facilities 51(c)(12) orgs. Enter: a Gross income from memers or shareholders 86a 86 87a Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) 87 88a At any time during the year, did the organization own a 5% or greater interest in a taxale corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections and ? If Yes, complete Part IX 88a At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512()(13)? If Yes, complete Part XI 88 89a 51(c)(3) organizations. Enter: Amount of tax imposed on the organization during the year under: section 4911 ; section 4912 ; section (c)(3) and 51(c)(4) orgs. Did the organization engage in any section 4958 excess enefit transaction during the year or did it ecome aware of an excess enefit transaction from a prior year? If Yes, attach a statement explaining each transaction 89 c Enter: Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 d Enter: Amount of tax on line 89c, aove, reimursed y the organization e All organizations. At any time during the tax year, was the organization a party to a prohiited tax shelter transaction? 89e f All organizations. Did the organization acquire a direct or indirect interest in any applicale insurance contract? 89f g For supporting organizations and sponsoring organizations maintaining donor advised funds. Did the supporting organization, or a fund maintained y a sponsoring organization, have excess usiness holdings at any time during the year? 89g 9a List the states with which a copy of this return is filed CA,VA,WV Numer of employees employed in the pay period that includes March 12, 26 (See instructions.) a The ooks are in care of Charles Blake Telephone no Located at 157 Imperial Highway, La Mirada, CA ZIP At any time during the calendar year, did the organization have an interest in or a signature or other authority over a financial account in a foreign country (such as a ank account, securities account, or other financial Yes No account)? 91 If Yes, enter the name of the foreign country See the instructions for exceptions and filing requirements for Form TD F , Report of Foreign Bank and Financial Accounts. Form 99 (26)

8 Form 99 (26) Page 8 Part VI Other Information (continued) Yes No c At any time during the calendar year, did the organization maintain an office outside of the United States? 91c If Yes, enter the name of the foreign country 92 Section 4947(a)(1) nonexempt charitale trusts filing Form 99 in lieu of Form 141 Check here and enter the amount of tax-exempt interest received or accrued during the tax year 92 Part VII Analysis of Income-Producing Activities (See the instructions.) Note: Enter gross amounts unless otherwise Unrelated usiness income Excluded y section 512, 513, or 514 (E) Related or indicated. (A) (B) (C) (D) exempt function Business code Amount Exclusion code Amount 93 Program service revenue: income a c d e f Radio Airtime Revenue Medicare/Medicaid payments 731,922 g Fees and contracts from government agencies 94 Memership dues and assessments 95 Interest on savings and temporary cash investments ,89 96 Dividends and interest from securities 14 57, Net rental income or (loss) from real estate: a det-financed property not det-financed property 16 13,5 98 Net rental income or (loss) from personal property 99 Other investment income 14 3,95 1 Gain or (loss) from sales of assets other than inventory ,58 11 Net income or (loss) from special events 12 Gross profit or (loss) from sales of inventory 13 Other revenue: a Acuarial Income from Trus ,853 c d e Other 14 17, Sutotal (add columns (B), (D), and (E)) 1,51, , Total (add line 14, columns (B), (D), and (E)) 2,242,268 Note: Line 15 plus line 1e, Part I, should equal the amount on line 12, Part I. Part VIII Relationship of Activities to the Accomplishment of Exempt Purposes (See the instructions.) Line No. Explain how each activity for which income is reported in column (E) of Part VII contriuted importantly to the accomplishment of the organization s exempt purposes (other than y providing funds for such purposes). See Statement 16 Part IX Information Regarding Taxale Susidiaries and Disregarded Entities (See the instructions.) (A) (B) Name, address, and EIN of corporation, Percentage of (C) (D) partnership, or disregarded entity ownership interest Nature of activities Total income % % % % Part X Information Regarding Transfers Associated with Personal Benefit Contracts (See the instructions.) (a) Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal enefit contract? () Did the organization, during the year, pay premiums, directly or indirectly, on a personal enefit contract? Note: If Yes to (), file Form 887 and Form 472 (see instructions). (E) End-of-year assets Yes Yes No No Form 99 (26)

9 Form 99 (26) Part XI 16 Page 9 Information Regarding Transfers To and From Controlled Entities. Complete only if the organization is a controlling organization as defined in section 512()(13). Did the reporting organization make any transfers to a controlled entity as defined in section 512()(13) of the Code? If Yes, complete the schedule elow for each controlled entity. (A) Name, address, of each controlled entity (B) Employer Identification Numer (C) Description of transfer Yes (D) Amount of transfer No a c Totals 17 Did the reporting organization receive any transfers from a controlled entity as defined in section 512()(13) of the Code? If Yes, complete the schedule elow for each controlled entity. (A) Name, address, of each controlled entity (B) Employer Identification Numer (C) Description of transfer Yes (D) Amount of transfer No a c Totals 18 Please Sign Here Paid Preparer s Use Only Did the organization have a inding written contract in effect on August 17, 26, covering the interest, rents, royalties, and annuities descried in question 17 aove? Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the est of my knowledge and elief, it is true, correct, and complete. Declaration of preparer (other than officer) is ased on all information of which preparer has any knowledge. Signature of officer Gregg Harris, President Type or print name and title Preparer s signature Firm s name (or yours if self-employed), address, and ZIP + 4,, Date Check if selfemployed Date Preparer s SSN or PTIN (See Gen. Inst. X) EIN Phone no. ( ) Yes No Form 99 (26)

10 SCHEDULE A (Form 99 or 99-EZ) Department of the Treasury Internal Revenue Service Organization Exempt Under Section 51(c)(3) (Except Private Foundation) and Section 51(e), 51(f), 51(k), 51(n), or 4947(a)(1) Nonexempt Charitale Trust Supplementary Information (See separate instructions.) MUST e completed y the aove organizations and attached to their Form 99 or 99-EZ OMB No Name of the organization Employer identification numer FAR EAST BROADCASTING COMPANY INC Part I Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See page 2 of the instructions. List each one. If there are none, enter None. ) (a) Name and address of each employee paid more than $5, () Title and average hours per week devoted to position (c) Compensation (d) Contriutions to employee enefit plans & deferred compensation 26 (e) Expense account and other allowances Dean Swartz VP of Strategic Min 4 PO Box 1, La Mirada, CA , US 93,528 12,742 Clifford A McArdle Dir Church Relations 4 PO Box 1, La Mirada, CA , US 84,72 16,155 Roert Stiles Exec Asst to Pres 4 PO Box 1, La Mirada, CA , US 79,584 5,946 Eduardo Lo Dir of Chinese Min 4 PO Box 1, La Mirada, CA , US 69,924 15,36 Michael Adams Missionary 4 PO Box 1, La Mirada, CA , US 61,614 3,65 Total numer of other employees paid over $5, 6 Part II-A Compensation of the Five Highest Paid Independent Contractors for Professional Services (See page 2 of the instructions. List each one (whether individuals or firms). If there are none, enter None. ) (a) Name and address of each independent contractor paid more than $5, () Type of service (c) Compensation DunhamCompany Fundraising Services North Dallas Parkway, Addison, TX 751, US 167,929 Total numer of others receiving over $5, for professional services Part II-B Compensation of the Five Highest Paid Independent Contractors for Other Services (List each contractor who performed services other than professional services, whether individuals or firms. If there are none, enter None. See page 2 of the instructions.) None (a) Name and address of each independent contractor paid more than $5, () Type of service (c) Compensation Total numer of other contractors receiving over $5, for other services For Paperwork Reduction Act Notice, see the Instructions for Form 99 and Form 99-EZ. Cat. No F Schedule A (Form 99 or 99-EZ) 26

11 Schedule A (Form 99 or 99-EZ) 26 Page 2 Part III Statements Aout Activities (See page 2 of the instructions.) Yes No 1 During the year, has the organization attempted to influence national, state, or local legislation, including any attempt to influence pulic opinion on a legislative matter or referendum? If Yes, enter the total expenses paid or incurred in connection with the loying activities $ (Must equal amounts on line 38, Part VI-A, or line i of Part VI-B.) 1 Organizations that made an election under section 51(h) y filing Form 5768 must complete Part VI-A. Other organizations checking Yes must complete Part VI-B AND attach a statement giving a detailed description of the loying activities. 2 During the year, has the organization, either directly or indirectly, engaged in any of the following acts with any sustantial contriutors, trustees, directors, officers, creators, key employees, or memers of their families, or with any taxale organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principal eneficiary? (If the answer to any question is Yes, attach a detailed statement explaining the transactions.) a Sale, exchange, or leasing of property? 2a Lending of money or other extension of credit? 2 c Furnishing of goods, services, or facilities? 2c d Payment of compensation (or payment or reimursement of expenses if more than $1,)? 2d e Transfer of any part of its income or assets? 2e 3a Did the organization make grants for scholarships, fellowships, student loans, etc.? (If Yes, attach an explanation of how the organization determines that recipients qualify to receive payments.) 3a Did the organization have a section 43() annuity plan for its employees? 3 c Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures? If Yes, attach a detailed statement 3c d Did the organization provide credit counseling, det management, credit repair, or det negotiation services? 3d 4a Did the organization maintain any donor advised funds? If Yes, complete lines 4 through 4g. If No, complete lines 4f and 4g Did the organization make any taxale distriutions under section 4966? 4a 4 c Did the organization make a distriution to a donor, donor advisor, or related person? 4c d Enter the total numer of donor advised funds owned at the end of the tax year e Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year f Enter the total numer of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included on line 4d) where donors have the right to provide advice on the distriution or investment of amounts in such funds or accounts g Enter the aggregate value of assets held in all funds or accounts included on line 4f at the end of the tax year Schedule A (Form 99 or 99-EZ) 26

12 Schedule A (Form 99 or 99-EZ) 26 Page 3 Part IV Reason for Non-Private Foundation Status (See pages 4 through 7 of the instructions.) I certify that the organization is not a private foundation ecause it is: (Please check only ONE applicale ox.) 5 A church, convention of churches, or association of churches. Section 17()(1)(A)(i). 6 A school. Section 17()(1)(A)(ii). (Also complete Part V.) 7 A hospital or a cooperative hospital service organization. Section 17()(1)(A)(iii). 8 A federal, state, or local government or governmental unit. Section 17()(1)(A)(v). 9 A medical research organization operated in conjunction with a hospital. Section 17()(1)(A)(iii). Enter the hospital s name, city, and state 1 An organization operated for the enefit of a college or university owned or operated y a governmental unit. Section 17()(1)(A)(iv). (Also complete the Support Schedule in Part IV-A.) 11a An organization that normally receives a sustantial part of its support from a governmental unit or from the general pulic. Section 17()(1)(A)(vi). (Also complete the Support Schedule in Part IV-A.) 11 A community trust. Section 17()(1)(A)(vi). (Also complete the Support Schedule in Part IV-A.) An organization that normally receives: (1) more than % of its support from contriutions, memership fees, and gross receipts from activities related to its charitale, etc., functions suject to certain exceptions, and (2) no more than % of its support from gross investment income and unrelated usiness taxale income (less section 511 tax) from usinesses acquired y the organization after June 3, See section 59(a)(2). (Also complete the Support Schedule in Part IV-A.) An organization that is not controlled y any disqualified persons (other than foundation managers) and otherwise meets the requirements of section 59(a)(3). Check the ox that descries the type of supporting organization: Type I Type II Type III-Functionally Integrated Type III-Other Provide the following information aout the supported organizations. (See page 7 of the instructions.) (a) Name(s) of supported organization(s) () Employer identification numer (EIN) (c) Type of organization (descried in lines 5 through 12 aove or IRC section) (d) Is the supported organization listed in the supporting organization s governing documents? (e) Amount of support Yes No Total 14 An organization organized and operated to test for pulic safety. Section 59(a)(4). (See page 7 of the instructions.) Schedule A (Form 99 or 99-EZ) 26

13 Schedule A (Form 99 or 99-EZ) 26 Part IV-A Support Schedule (Complete only if you checked a ox on line 1, 11, or 12.) Use cash method of accounting. Note: You may use the worksheet in the instructions for converting from the accrual to the cash method of accounting. Calendar year (or fiscal year eginning in) (a) 25 () 24 (c) 23 (d) 22 (e) Total Memership fees received 17 Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization s charitale, etc., purpose 18 Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated usiness taxale income (less section 511 taxes) from usinesses acquired y the organization after June 3, Net income from unrelated usiness activities not included in line c d e f Gifts, grants, and contriutions received. (Do not include unusual grants. See line 28.) Tax revenues levied for the organization s enefit and either paid to it or expended on its ehalf The value of services or facilities furnished to the organization y a governmental unit without charge. Do not include the value of services or facilities generally furnished to the pulic without charge Other income. Attach a schedule. Do not include gain or (loss) from sale of capital assets Total of lines 15 through 22 Line 23 minus line 17 Enter 1% of line 23 Organizations descried on lines 1 or 11: a Enter 2% of amount in column (e), line 24 Page 4 7,989,892 7,11,557 6,586,322 8,17,825 29,857, ,99 771,397 1,17,51 1,25,418 3,886,965 1,134,82 1,38,8 521,527 2,694, ,48 44,334 89, ,547 Stmt 17 1,49,291 8,964,368 7,846,16 9,942,77 36,82,535 9,354,192 8,192,971 6,676,55 8,692,352 32,915,57 1,493 89,644 78,461 99,428 Prepare a list for your records to show the name of and amount contriuted y each person (other than a governmental unit or pulicly supported organization) whose total gifts for 22 through 25 exceeded the amount shown in line 26a. Do not file this list with your return. Enter the total of all these excess amounts 26 Total support for section 59(a)(1) test: Enter line 24, column (e) 26c Add: Amounts from column (e) for lines: d Pulic support (line 26c minus line 26d total) 26e Pulic support percentage (line 26e (numerator) divided y line 26c (denominator)) 26f % Organizations descried on line 12: a For amounts included in lines 15, 16, and 17 that were received from a disqualified person, prepare a list for your records to show the name of, and total amounts received in each year from, each disqualified person. Do not file this list with your return. Enter the sum of such amounts for each year: (25) 33,15 (24) 64,655 (23) 24,415 (22) 14,48 For any amount included in line 17 that was received from each person (other than disqualified persons ), prepare a list for your records to show the name of, and amount received for each year, that was more than the larger of (1) the amount on line 25 for the year or (2) $5,. (Include in the list organizations descried in lines 5 through 11, as well as individuals.) Do not file this list with your return. After computing the difference etween the amount received and the larger amount descried in (1) or (2), enter the sum of these differences (the excess amounts) for each year: (25) (24) (23) 94,283 (22) 54,929 26a c Add: Amounts from column (e) for lines: c 33,744,561 d Add: Line 27a total and line 27 total 27d 136,133 e Pulic support (line 27c total minus line 27d total) 27e 33,68,428 f Total support for section 59(a)(2) test: Enter amount from line 23, column (e) 27f 36,82,535 g Pulic support percentage (line 27e (numerator) divided y line 27f (denominator)) 27g 91 % h Investment income percentage (line 18, column (e) (numerator) divided y line 27f (denominator)) 27h 7 % 28 Unusual Grants: For an organization descried in line 1, 11, or 12 that received any unusual grants during 22 through 25, prepare a list for your records to show, for each year, the name of the contriutor, the date and amount of the grant, and a rief description of the nature of the grant. Do not file this list with your return. Do not include these grants in line 15. Schedule A (Form 99 or 99-EZ) 26

14 Schedule A (Form 99 or 99-EZ) 26 Part V Private School Questionnaire (See page 9 of the instructions.) (To e completed ONLY y schools that checked the ox on line 6 in Part IV) 29 Does the organization have a racially nondiscriminatory policy toward students y statement in its charter, ylaws, other governing instrument, or in a resolution of its governing ody? 29 3 Does the organization include a statement of its racially nondiscriminatory policy toward students in all its rochures, catalogues, and other written communications with the pulic dealing with student admissions, programs, and scholarships? 3 31 Has the organization pulicized its racially nondiscriminatory policy through newspaper or roadcast media during the period of solicitation for students, or during the registration period if it has no solicitation program, in a way that makes the policy known to all parts of the general community it serves? 31 If Yes, please descrie; if No, please explain. (If you need more space, attach a separate statement.) Yes Page 5 No 32 a c d Does the organization maintain the following: Records indicating the racial composition of the student ody, faculty, and administrative staff? Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory asis? Copies of all catalogues, rochures, announcements, and other written communications to the pulic dealing with student admissions, programs, and scholarships? Copies of all material used y the organization or on its ehalf to solicit contriutions? 32a 32 32c 32d If you answered No to any of the aove, please explain. (If you need more space, attach a separate statement.) 33 a c d e f g h Does the organization discriminate y race in any way with respect to: Students rights or privileges? Admissions policies? Employment of faculty or administrative staff? Scholarships or other financial assistance? Educational policies? Use of facilities? Athletic programs? Other extracurricular activities? 33a 33 33c 33d 33e 33f 33g 33h If you answered Yes to any of the aove, please explain. (If you need more space, attach a separate statement.) 34a Does the organization receive any financial aid or assistance from a governmental agency? Has the organization s right to such aid ever een revoked or suspended? If you answered Yes to either 34a or, please explain using an attached statement. 34a Does the organization certify that it has complied with the applicale requirements of sections 4.1 through 4.5 of Rev. Proc. 75-5, C.B. 587, covering racial nondiscrimination? If No, attach an explanation 35 Schedule A (Form 99 or 99-EZ) 26

15 Schedule A (Form 99 or 99-EZ) 26 Part VI-A Loying Expenditures y Electing Pulic Charities (See page 1 of the instructions.) (To e completed ONLY y an eligile organization that filed Form 5768) Check a if the organization elongs to an affiliated group. Check if you checked a and limited control provisions apply. Limits on Loying Expenditures (The term expenditures means amounts paid or incurred.) 36 Total loying expenditures to influence pulic opinion (grassroots loying) 37 Total loying expenditures to influence a legislative ody (direct loying) 38 Total loying expenditures (add lines 36 and 37) 39 Other exempt purpose expenditures 4 Total exempt purpose expenditures (add lines 38 and 39) 41 Loying nontaxale amount. Enter the amount from the following tale If the amount on line 4 is The loying nontaxale amount is Not over $5, 2% of the amount on line 4 Over $5, ut not over $1,, $1, plus 15% of the excess over $5, Over $1,, ut not over $1,5, $175, plus 1% of the excess over $1,, Over $1,5, ut not over $17,, $225, plus 5% of the excess over $1,5, Over $17,, $1,, 42 Grassroots nontaxale amount (enter 25% of line 41) 43 Sutract line 42 from line 36. Enter -- if line 42 is more than line Sutract line 41 from line 38. Enter -- if line 41 is more than line 38 Caution: If there is an amount on either line 43 or line 44, you must file Form 472. (a) Affiliated group totals 4-Year Averaging Period Under Section 51(h) (Some organizations that made a section 51(h) election do not have to complete all of the five columns elow. See the instructions for lines 45 through 5 on page 13 of the instructions.) Loying Expenditures During 4-Year Averaging Period Page 6 () To e completed for all electing organizations Calendar year (or fiscal year eginning in) (a) 26 () 25 (c) 24 (d) 23 (e) Total 45 Loying nontaxale amount 46 Loying ceiling amount (15% of line 45(e)) 47 Total loying expenditures 48 Grassroots nontaxale amount 49 Grassroots ceiling amount (15% of line 48(e)) 5 Grassroots loying expenditures Part VI-B Loying Activity y Nonelecting Pulic Charities (For reporting only y organizations that did not complete Part VI-A) (See page 13 of the instructions.) During the year, did the organization attempt to influence national, state or local legislation, including any attempt to influence pulic opinion on a legislative matter or referendum, through the use of: a c d e f g h i Volunteers Paid staff or management (Include compensation in expenses reported on lines c through h.) Media advertisements Mailings to memers, legislators, or the pulic Pulications, or pulished or roadcast statements Grants to other organizations for loying purposes Direct contact with legislators, their staffs, government officials, or a legislative ody Rallies, demonstrations, seminars, conventions, speeches, lectures, or any other means Total loying expenditures (Add lines c through h.) If Yes to any of the aove, also attach a statement giving a detailed description of the loying activities. Yes No Amount Schedule A (Form 99 or 99-EZ) 26

16 Schedule A (Form 99 or 99-EZ) 26 Part VII (a) Line no. () Amount involved (c) Name of noncharitale exempt organization Page 7 Information Regarding Transfers To and Transactions and Relationships With Noncharitale Exempt Organizations (See page 13 of the instructions.) 51 Did the reporting organization directly or indirectly engage in any of the following with any other organization descried in section 51(c) of the Code (other than section 51(c)(3) organizations) or in section 527, relating to political organizations? a Transfers from the reporting organization to a noncharitale exempt organization of: Yes No (i) Cash 51a(i) (ii) Other assets a(ii) Other transactions: (i) Sales or exchanges of assets with a noncharitale exempt organization (i) (ii) Purchases of assets from a noncharitale exempt organization (ii) (iii) Rental of facilities, equipment, or other assets (iii) (iv) Reimursement arrangements (iv) (v) Loans or loan guarantees (v) (vi) Performance of services or memership or fundraising solicitations (vi) c Sharing of facilities, equipment, mailing lists, other assets, or paid employees c d If the answer to any of the aove is Yes, complete the following schedule. Column () should always show the fair market value of the goods, other assets, or services given y the reporting organization. If the organization received less than fair market value in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received: (d) Description of transfers, transactions, and sharing arrangements 52a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations descried in section 51(c) of the Code (other than section 51(c)(3)) or in section 527? Yes No If Yes, complete the following schedule: (a) Name of organization () Type of organization (c) Description of relationship Schedule A (Form 99 or 99-EZ) 26

17 Statement 1 Form: 99 Page: 1 Part: I Question: 7 Description Interest on Notes Receivale Other Investment Income FAR EAST BROADCASTING COMPANY INC Amount $3,95. Total: $3,95.

18 Statement 2 Form: 99 Page: 1 Part: I Question: 8 Sales of Assets Other than Inventory FAR EAST BROADCASTING COMPANY INC Noninventory Asset Description: Sold To: Toyota Truck Saipan Car Company Sales Price: Expense of Sale: Cost or value when acquired: Depreciation since acquistion: Net Sale: $2,. $. $1,625. $1,625. $2,. Date Sold: Date acquired: How acquired: Purchased 1/1/26 1/31/199 Pulicly Traded Securities Description: Sold To: Sales Price: Expense of Sale: Cost or value when acquired: Depreciation since acquistion: Net Sale: $4,815,416. $. $4,292,98. $. $522,58. Date Sold: Date acquired: How acquired:

19 Statement 3 Form: 99 Page: 1 Part: I Question: 2 Explanation Other changes in Net Assets or Fund Balances FAR EAST BROADCASTING COMPANY INC Amount Net Unrealized Gains (Loses) on Investments $59,177. Total: $59,177.

20 STATEMENT 4 Far East Broadcasting Company, Inc. FORM: Page: 2 Part: II Question: 22 Grants and Allocations Grantee Purpose Cash Non-Cash Total Far East Broadcasting Co. (Phils.), Inc. Radio Broadcasting 341, ,635 P.O. Box 1 Valenzuela City 56, Metro Manila, PHILIPPINES Far East Broadcasting Co. Korea Radio Broadcasting 472, ,453 M.P.O. Box 88, Seoul , KOREA FEBC Russia Radio Broadcasting 57, 22 57,22 P.O. Box 16, Moscow 12119, RUSSIA Far East Broadcasting Camodia Radio Broadcasting 86,828 13,846 1,674 P.O. Box 496 Phnom Penh, KINGDOM OF CAMBODIA Far East Broadcasting Company-YASKI Radio Broadcasting 27,843 1,52 29,363 P.O. Box 6388/JKBKJ, Jakarta, 1163, INDONESIA FEBC Radio International Radio Broadcasting 74,335 1,95 75,43 9/22-23 Tana Arcade, Ekamai,i Sukhumvit 63 Road, Bangkok 111, THAILAND FEB Mongolia WIND FM 14.5 Radio Broadcasting 131,322 26, ,85 CPO Box 142, Ulaanaatar-13, MONGOLIA Far East Broadcasting Company, Limited Radio Broadcasting 116,42-116,42 P.O. Box 96789, Tsimshatsui, Kowloon, HONG KONG FEBC International Office Leadership and Coordination 12,828 37,65 139,893 2 Ayer Rajah, Crecent #9-22, Technopreneur Centre, Singapore Far East Broadcasting Company, - Others Radio Broadcasting 173, ,499 Totals 2,276,945 8,79 2,357,654

21 Statement 5 Form: 99 Page: 2 Part: II Question: 42 Asset Depreciation and Depletion FAR EAST BROADCASTING COMPANY INC Current Deprec. Fixed Assets $152,492. Total $152,492.

22 Statement 6 Form: 99 Page: 2 Part: II Question: 43 Description Attachment listing other expenses for Part II FAR EAST BROADCASTING COMPANY INC Total: Pgm Services Mgt and General Fundrasing Memership Dues and Suscriptions $21,45. $11,241. $6,24. $4,14. Board Expenses $16,42. $9,21. $4,921. $2,46. Taxes, Fees & Licenses $14,244. $11,. $1,93. $1,314. Other Expenses $28,945. $9,854. $9,967. $9,124. Engineering $34,549. $34,549. $. $. Bank Charges $19,68. $3,987. $14,55. $1,26. Business Insurance $64,674. $45,278. $13,326. $6,7. Employee Training $42,225. $34,551. $2,34. $5,334. Trust Payments and Expenses $513,44. $513,44. $. $. Professional Services $123,64. $47,664. $12,14. $63,296. Deputation Expenses $15,723. $13,83. $314. $1,66. Bad Det Expense $14,26. $1,519. $3,57. $. Total: $97,765. $744,97. $68,488. $94,37.

23 Statement 7 Form: 99 Page: 3 Part: III Question: Achievement Program Services FAR EAST BROADCASTING COMPANY INC Pgm. Svc. Exp. Christian Religious Media Programs: Radio Broadcasting - A shortwave radio station was operated in Saipan, MP, roadcasting Christian programming to Russia, China, Indonesia and Southeast Asia. ( daily hours) Grants and Allocations: $. This amount includes foreign grants: N/A Christian Religious Media Programs: Radio Broadcasting - Funds were granted to overseas partners to operate radio stations in Asia, Russia, the Middle East and Africa. Supported stations roadcast approximately 6 daily hours of Christian programming in approximately 1 locations. ( Daily Hours) Grants and Allocations: $2,357,654. This amount includes foreign grants: Yes Christian Religious Media Programs: Technical consulting services, research, training and leadership. ( dollars) Grants and Allocations: $. This amount includes foreign grants: N/A Christian Religious Media Programs: Radio Programs - Christian radio programs were prepared in Chinese, Russian and other languages for roadcast overseas via shortwave radio stations in Saipan and the Philippines and AM and FM stations in Russia and Korea. ( unknown) Grants and Allocations: $. This amount includes foreign grants: N/A Christian Religious Media Programs: Missionaries - Missionary families in five countries were supported. The supported missionaries work overseas in various capacities to support Christian radio programming and roadcasts. ( Families) Grants and Allocations: $. This amount includes foreign grants: N/A Christian Religious Media Programs: Administration of deferred gifts in support of the aging and aged. ( individuals) Grants and Allocations: $. This amount includes foreign grants: N/A $545,79. $2,357,654. $695,758. $1,644,322. $857,239. $449,473. Total: $6,55,155.