Insight For Living in Plano, Texas (TX)

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Insight For Living
Employer Identification Number (EIN)953392299
Name of OrganizationInsight For Living
Address7160 Dallas Pkwy Ste 100, Plano, TX 75024-7121
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Missionary activities, Evangelism
SubsectionReligious Organization
Ruling Date01/1980
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$5,000,000 to $9,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$8,583,214
Amount of Income$20,681,224
Form 990 Revenue Amount$20,130,561
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Religious Radio


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Amount of income in 2014: $20,681,224 (it was $20,129,802 in 2013)
Insight For Living: 

 $20,681,224
Other organizations performing similar types of work: 

 $4,351,494

Assets in 2014: $8,583,214 (it was $6,215,973 in 2013)
This organization: 

 $8,583,214
Other organizations performing similar types of work: 

 $8,583,214

Expenses in 2013: $17,088,895
Insight For Living: 

 $17,088,895
Other organizations performing similar types of work: 

 $4,035,579

Income to expenses ratio in 2013: 1.2
Insight For Living: 

 1.2
Other organizations performing similar types of work: 

 1.2

Number of employees in 2013: 128
Insight For Living: 

 128
Other organizations performing similar types of work: 

 21

Employees paid over $100,000 in 2013: 4.7%
This organization: 

 4.7%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 95.8%
This organization: 

 95.8%
Other organizations performing similar types of work: 

 92.5%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?NoYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?YesYes
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?YesYes
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?YesYes
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10964648
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return127128
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
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 bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$1,139,610$1,042,177
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$240,490$180,909
Total number of individuals who received more than $100,000 of reportable compensation from the organization66
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$22,099,987$20,082,041$20,129,802
Contributions, Gifts, Grants and Other Similar Amounts$21,873,463$18,674,571$19,286,063
Program Service Revenue$0$971,670$196,919
900099$971,670$196,919
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$15,071$3,337$2,895
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$1,665
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$35,780
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0$0 / $0$0 / $76,386
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0$0 / $0$0 / $40,606
Gain or (loss) (Securities / Other)$0 / $0$0 / $0$0 / $35,780
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$251,405$432,463$606,480
Gross sales of inventory, less returns and allowances$251,405$1,116,410$1,044,256
Less: cost of goods sold$0$683,947$437,776
Miscellaneous Revenue$-39,952$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$21,853,771$20,637,283$17,088,895
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$1,532,126$1,365,375
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$1,364,878$1,200,518$1,085,298
Compensation not included above, to disqualified persons$115,956$85,593
Other salaries and wages$4,679,646$4,450,291$4,103,002
Pension plan accruals and contributions$35,518$35,517
Other employee benefits$1,232,579$942,649
Payroll taxes$431,672$416,454$400,890
Fees for services (non-employees)
Management$390,754$199,198
Legal$32,135$23,847
Accounting$35,650$34,185
Lobbying$0$0
Professional fundraising services$103,231$0$132,986
Investment management fees$0$0
Other$389$0
Advertising and promotion$0$0
Office expenses$1,007,459$851,588
Information technology$373,165$249,539
Royalties$0$0
Occupancy$1,365,155$662,973
Travel$71,416$15,286
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$1,173,662$300
Interest$26,507$33,919
Payments to affiliates$0$0
Depreciation, depletion, and amortization$278,654$204,616
Insurance$0$0
Other expenses$5,231,921$5,389,994
Other expenses$965,058$642,017
Other expenses$686,685$604,043
Other expenses$15,231$26,080
Balance Sheet
201120122013
Total assets$4,069,873$4,767,956$6,215,973
Cash - non-interest-bearing$670,579$1,533,788
Savings and temporary cash investments$0$0
Pledges and grants receivable, net$448,954$249,422
Accounts receivable, net$62,551$71,937
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$373,646$549,508
Prepaid expenses and deferred charges$319,089$264,197
Land, buildings, and equipment: cost or other basis$2,703,144$3,296,616
Investments - publicly traded securities$0$250,505
Investments - other securities$149,993$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$40,000$0
Total liabilities$2,262,273$3,515,598$1,922,708
Accounts payable and accrued expenses$2,596,583$1,794,995
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$49,426$919,015$127,713
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$1,807,600$1,252,358$4,293,265
Unrestricted net assets$435,856$3,587,116
Temporarily restricted net assets$732,376$622,023
Permanently restricted net assets$84,126$84,126
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$103,263,091
Subtotal Support$103,263,091
Gifts, grants, contributions, and membership fees received$103,263,091
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$103,375,754
Public Support$103,263,091
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$109,570
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$3,093
Gross receipts from related activities, etc.$3,329,255
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$41,931$0$41,931
Gross receipts or sales less returns and allowances$41,931$0$0
Cost of goods sold$0$0$0
Gross profit$41,931$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2009)
Total deductions$56,513
Compensation of officers, directors, and trustees$0
Salaries and wages$8,971
Repairs and maintenance$388
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$47,154
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$14,582
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Family Stations Inc290 Hegenberger Rd, Oakland, CA 94621-1436CA1960-08$53,376,374
2Thru The Bible Radio Network1146 E Green St, Pasadena, CA 91106-2500CA1967-01$35,178,008
3American Family Association Inc, 107 ParkgatePo Dwr 2440, Tupelo, MS 38803MS1982-04$28,205,862
4Bible Broadcasting Network Incorporated11530 Carmel Commons Blvd, Charlotte, NC 28226-3976NC1971-07$12,725,495
5Far East Broadcasting Company Inc15700 Imperial Hwy, La Mirada, CA 90638-2509CA1946-09$10,173,502
6Back To The Bible FoundationPO BOX 82808, Lincoln, NE 68501-2808NE1984-07$4,700,671
7Christian Research Institute Inc6295 Blakeney Park Dr, Charlotte, NC 28277-5658NC1964-07$4,351,494
8Radio Vision Cristiana Inc419 Broadway, Paterson, NJ 07501-2104NJ1992-12$3,670,934
9Blue Ridge Broadcasting CorporationPO BOX 159, Black Mtn, NC 28711-0159NC1967-09$3,433,142
10Insight For Living7160 Dallas Pkwy Ste 100, Plano, TX 75024-7121TX1980-01$20,681,224
11Trinity Broadcasting Of Florida Inc2442 Michelle Dr, Tustin, CA 92780-7015CA1980-09$5,782,291
12Side By Side Inc, Yes Ministries5105 Glendale Ave Ste C, Toledo, OH 43614-1842OH1981-06$517,960
13Salt & Light Radio IncPO BOX 714, Boise, ID 83701-0714ID2009-06$329,855
14Christ The King Radio Incorporated1190 Progress Dr, Front Royal, VA 22630-6466VA2008-08$0
15Educational Radio For The Public Of The New Millenium39 Julian St, Providence, RI 02909-2717RI2008-07$0
16Olam Broadcasting Corp2289 South Green Rd, Beachwood, OH 44122OH2005-10$0
17Our Lady Of Guadalupe Radio Inc C/O Robert Chinchiolo3740 S Monitor St, Stockton, CA 95219CA2001-06$0
18Pathway Of Hope Ministry Inc11220 Francis Lewis Blvd, Queens Vlg, NY 11429-2224NY2006-07$0
19The Chapel On The Prairie Ministries IncPobox 1990, Cedar Hill, TX 75104-1990TX2007-01$0
20Tranquality Communications Inc2507 Lilac Dr, Columbia, MO 65202-1227MO2001-08$0
Number of organizations performing similar types of work
Alabama1
Arkansas1
Arizona2
California6
Colorado1
Georgia3
Iowa1
Idaho1
Missouri1
Mississippi1
North Carolina3
Nebraska1
New Jersey1
New York1
Ohio2
Rhode Island1
Tennessee1
Texas2
Virginia1
Total31

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