Church status, shifting corporate structures have let founder Kevin Adell avoid financial disclosure for years.
A failed $75M FCC deal. An $18M tax lawsuit. Zero public financial records. Our latest Ministry Spotlight digs into The Word Network Foundation and the corporate maneuvers keeping its finances hidden from donors.
The accumulation of interest and penalties has the total bill reaching nearly $18 million.
The owner of one of the largest religious TV networks is being sued by the Internal Revenue Service (IRS) for almost $18 million in estate and gift taxes.