Non-Profit Financials

Mormon Discussion Inc. is a Federally approved Non-Profit

Became a non-profit in 2014.  

2014-2018

2014 through 2018 We filed a 990N Postcard which all organizations do who bring in $50k or less
2014 through 2016 is stored HERE

2019 Synopsis
*  Mormon Discussion Inc. brought in $79,682 in donations
*  The Hosts of the Podcasts Marriage on a Tightrope, Radio Free Mormon, Almost Awakened, Mythical Jesus, Cognitive Dissidents & Mormon Discussion,  were paid royalties via 1099 as subcontractors for their creative content.
*  2019 was the first Tax Year that we needed to file a 990E
*  The Board issued a loan to Bill Reel during 2019 which is to be paid back by the end 2022 in the amount of $12,949.
* 2019 Tax Filing
* While Bill Reel was paid royalties for his creative content on multiple podcasts, Neither he nor any member of the board was paid anything for their service to the Non-Profit other than the loan noted above.

2020 Synopsis
2020 Tax Filing 990E
*  The Hosts of the Podcasts Marriage on a Tightrope, Radio Free Mormon, Almost Awakened, Mythical Jesus, & Mormon Discussion,  were paid royalties via 1099 as subcontractors for their creative content.
* Bill Reel Paid back a small amount of the loan issued in 2019.
* While Bill Reel was paid royalties for his creative content on multiple podcasts, Neither he nor any member of the board was paid anything for their service to the Non-Profit.
* Mr. Reel was paid $19,709 in 2020 in the form of royalties.

2021 Synopsis
2021 Tax Filing (will be hyperlinked once it is filed)
* As Mormon Discussion Inc. continues to grow, adjustments and changes were needed to help us facilitate the continued growth in ways that best supports the Non-Profit.  While Bill Reel continues to create content including for Mormon Discussion, Almost Awakened, Mormonism LIVE !; he is no longer paid royalties for content but is instead paid a salaried position as Executive Director of Mormon Discussion Inc. The Salary going into 2021 was $15k
* The Non Profit also rents an office inside the home of the Reel’s for $200 a month and reimburses them for our  portion use of their utilities and internet.
* The Hosts of the Podcasts “Marriage on a Tightrope” & “Radio Free Mormon” are paid royalties via 1099 as subcontractors for their creative content.
* 2021 Tax Filing (When Filed will be hyperlinked here)
* In May 2021 the Board of Directors approved an increase in Salary to $40k for Bill Reel as Executive Director of Mormon Discussion Inc.