Fort Wayne Catholic Radio Group Inc
- Assets
- $1.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 16
- Location
- Fort Wayne, IN
- Founding
- 04/2004
- Data as of
- 12/2021
- EIN
- 22-3864296
Organization Overview
Fort Wayne Catholic Radio Group Inc, operating under the name Redeemer Radio, is located in Fort Wayne, IN. The organization was established in 2004. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Redeemer Radio employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redeemer Radio is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Redeemer Radio generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AMPLIFY THE VOICE OF THE CREATOR, BY FOSTERING CONTENT THAT INVITES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORT WAYNE CATHOLIC RADIO GROUP WAS ORIGINALLY ESTABLISHED TO AIR CATHOLIC RADIO PROGRAMS TO POTENTIAL LISTENING AUDIENCE OF 300,000. BECAUSE OF THE STEADY DECLINE OF RADIO LISTENERSHIP AND THE GROWING NUMBER OF PODCASTS BEING PRODUCED, IN 2021, FORT WAYNE CATHOLIC RADIO GROUP/DBA REDEEMER RADIO EXPANDED ITS OFFERINGS BY CREATING SPOKE STREET MEDIA, AN ONLINE PLATFORM THAT ALLOWS MORE ON-DEMAND CONTENT. NOW RATHER THAN HEARING FROM THE SAME 6-7 PEOPLE EACH WEEKDAY, WE CAN DRAW ON HUNDREDS OF DIFFERENT PROGRAMS, PODCASTS AND VOICES. THROUGH THESE NEW VOICES, REDEEMER RADIO AND SPOKE STREET MEDIA EDUCATE LISTENERS ON A BROAD RANGE OF TOPICS TO NURTURE THEIR SPIRITUAL, MENTAL, AND PHYSICAL HEALTH. SPOKE STREET MEDIA WAS ABLE TO REACH AN EXCESS OF 126,000 DOWNLOADS FROM ITS ONLINE PLATFORM FROM THE UNITED STATES TO AS FAR AWAY AS ZIMBABWE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Black Executive Di | Officer | 50 | $88,691 |
Matt Marshall Vice Chair | OfficerTrustee | 1 | $0 |
Mike Ripley Chair | OfficerTrustee | 1 | $0 |
Joseph Colone Finance Chai | OfficerTrustee | 1 | $0 |
Lisa Didier Secretary | OfficerTrustee | 1 | $0 |
Christian Davey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,513 |
| Related organizations | $0 |
| Government grants | $107,550 |
| All other contributions, gifts, grants, and similar amounts not included above | $998,670 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,138,733 |
| Total Program Service Revenue | $5,000 |
| Investment income | $207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,500 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $40,176 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,190,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $91,572 |
| Compensation of current officers, directors, key employees. | $54,944 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $424,359 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,207 |
| Payroll taxes | $39,249 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,900 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $181,464 |
| Advertising and promotion | $36,989 |
| Office expenses | $49,662 |
| Information technology | $48,252 |
| Royalties | $0 |
| Occupancy | $76,627 |
| Travel | $6,608 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $210 |
| Interest | $1,050 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,984 |
| Insurance | $12,595 |
| All other expenses | $0 |
| Total functional expenses | $1,036,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,587 |
| Savings and temporary cash investments | $116,884 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,729 |
| Net Land, buildings, and equipment | $216,206 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,062,489 |
| Total assets | $1,612,895 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $116,872 |
| Total liabilities | $116,872 |
| Net assets without donor restrictions | $1,496,023 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,612,895 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Fort Wayne Catholic Radio Group Inc has recieved totaling $152,404.
| Awarding Organization | Amount |
|---|---|
Mary Cross Tippmann Foundation Charitable Trust Fort Wayne, IN PURPOSE: General Operating | $101,795 |
Charlie Tippmann Foundation Charitable Tr Fort Wayne, IN PURPOSE: GENERAL OPERATING | $19,000 |
L & M Foundation Inc Lakeside, MT PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $15,000 |
Our Sunday Visitor Inc Huntington, IN PURPOSE: RELIGIOUS MISSIONS | $11,200 |
Community Foundation Of Greater Fort Wayne Inc Fort Wayne, IN PURPOSE: CHARITABLE SUPPORT | $5,300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $109 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sonset Solutions Inc Elkhart, IN | $3,460,253 | $2,234,092 |
Fort Wayne Catholic Radio Group Inc Fort Wayne, IN | $1,612,895 | $1,190,616 |
Calvary Radio Network Valparaiso, IN | $565,390 | $862,881 |
F M 90 1 Inc Upton, KY | $699,360 | $693,429 |
Inter Mirifica Inc Indianapolis, IN | $1,698,778 | $443,503 |
Wpeo Radio Foundation Inc East Peoria, IL | $197,219 | $362,706 |
Pure Word Communications Cape Girardeau, MO | $697,837 | $298,137 |
Christian Radio International Inc Crown Point, IN | $389,688 | $377,600 |
Key Of David Ministries Non Proft Organization Cedarburg, WI | $3,609 | $269,768 |
Beachglass Ministries Inc Port Washington, WI | $215,465 | $216,760 |
Mountaintop Broadcasting Inc Branson, MO | $86,621 | $129,910 |
Real Life Radio Foundation Inc Wayne City, IL | $0 | $150,050 |