Knom Radio Mission Inc
- Assets
- $3.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 22
- Location
- Anchorage, AK
- Founding
- 02/2010
- Data as of
- 06/2022
- EIN
- 27-0518406
Organization Overview
Knom Radio Mission Inc is located in Anchorage, AK. The organization was established in 2010. 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 06/2022, Knom Radio Mission Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knom Radio Mission Inc 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 06/2022, Knom Radio Mission Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
KNOM RADIO MISSION EXISTS TO BE A CONDUIT FOR ENCOUNTERING CHRIST, EMBRACING CULTURE, EMPOWERING GROWTH, AND ENGAGING THE LISTENER IN WESTERN ALASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KNOM'S MISSION IS TO BE A CONDUIT FOR ENCOUNTERING CHRIST, EMPOWERING GROWTH, AND ENGAGING LISTENERS. THE WORK IS STEEPED IN MISSION VALUES: TO BE A FRIEND AND COMPANION WHO PROVIDES RESPECTFUL SERVICE BASED ON CATHOLIC IDEALS. KNOM'S 20,000 LISTENERS LIVE ACROSS 100,000 SQUARE MILES OF REMOTE ALASKA. MOST LIVE IN VILLAGES FROM THE BERING SEA COAST AND EASTWARD TOWARD THE ALASKAN INTERIOR. RADIO IS A SOURCE OF FAITH, NEWS AND INFORMATION. AM/FM RADIO'S "ANALOG" SIGNAL, REMAINS INTEGRAL TO THE REGION'S COMMUNICATIONS, AS DIGITAL (I.E. WEB-BASED) MEANS ARE OFTEN LESS RELIABLE, ESPECIALLY DURING AN EMERGENCY. FOR THOSE WITH ACCESS, WWW.KNOM.ORG HOSTS MANY PROGRAMS, PRODUCTIONS, NEWS, FEATURES AND MORE. THIS SITE IS FREE FROM ADVERTISING AND SPONSORSHIPS, THANKS TO THE GENEROSITY OF THOUSANDS OF PRIVATE BENEFACTORS.
PART OF KNOM'S FULL TIME STAFF HAS BEEN VOLUNTEER-FELLOWS, WHO GAVE A YEAR OF SERVICE TO THE MISSION. THE NET SAVINGS (AFTER STIPENDS INSURANCE & OTHER BENEFITS) OF THE MISSION'S TWO FULL TIME VOLUNTEER FELLOWS IS $69,627. HOWEVER, THE PANDEMIC AND A SHRINKING WORKFORCE CONTINUE TO CONSTRICT KNOM'S ABILITY TO ATTRACT AND RETAIN BOTH PAID AND VOLUNTEER STAFF. THUS, THE BOARD OF DIRECTORS DECIDED TO PAUSE A SIX-DECADE TRADITION OF FULL-TIME VOLUNTEER STAFFING.
KNOM'S YEAR-END FUNDRAISING CAMPAIGN SOUGHT TO FUND TWO PROJECTS: A RECORDING STUDIO AT THE MISSION'S ANCHORAGE BUSINESS OFFICE AND MUCH-NEEDED EQUIPMENT UPGRADES TO THE NOME DIGITAL BROADCAST STUDIOS. THE CAMPAIGN WAS WILDLY POPULAR. THE ANCHORAGE STUDIO WAS COMPLETED AT THE END OF THE FISCAL YEAR, WITH FUNDING SET FOR FISCAL YEAR 2023 FOR NOME STUDIO UPGRADES. BOTH PROJECTS BENEFITTED TREMENDOUSLY FROM THE DONATED LABOR OF A SYSTEMS ARCHITECT (SAVING MORE THAN $10,000 IN CONSULTING WITH DISCOUNTED HARDWARE), WHO CREATED A VIRTUAL PRIVATE NETWORK THAT CONNECTS BOTH SITES AND PROVIDES EXTRA SECURITY FOR THE BROADCAST SYSTEM AND STATION COMMUNICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
FR Ross Tozzi President | OfficerTrustee | 6 | $0 |
Dr Paul Korchin Vice President | OfficerTrustee | 2 | $0 |
Amy Gorn Secretary | OfficerTrustee | 2 | $0 |
Kevin Fimon Treasurer | OfficerTrustee | 2 | $0 |
Ukallaysaaq T Okleasik Director | Trustee | 1 | $0 |
Cathy Hiebert Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alaska Laser Printing & Mailing Print & Mailing Services | 6/29/18 | $265,920 |
Nautel Maine Inc Transmitter Purchase & Install | 6/29/18 | $105,324 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,426,742 |
| Noncash contributions included in lines 1a–1f | $133,417 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,426,742 |
| Total Program Service Revenue | $26,885 |
| Investment income | $19,903 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,482,530 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $509,539 |
| Pension plan accruals and contributions | $8,210 |
| Other employee benefits | $116,999 |
| Payroll taxes | $45,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,494 |
| Fees for services: Accounting | $3,586 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,730 |
| Advertising and promotion | $185,818 |
| Office expenses | $75,343 |
| Information technology | $25,567 |
| Royalties | $0 |
| Occupancy | $205,634 |
| Travel | $38,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,462 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,622 |
| Insurance | $5,287 |
| All other expenses | $0 |
| Total functional expenses | $1,502,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,842 |
| Savings and temporary cash investments | $103,272 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,465 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,320 |
| Prepaid expenses and deferred charges | $2,196 |
| Net Land, buildings, and equipment | $1,301,507 |
| Investments—publicly traded securities | $1,848,848 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,448,450 |
| Accounts payable and accrued expenses | $120,413 |
| 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 | $59,893 |
| Other liabilities | $0 |
| Total liabilities | $180,306 |
| Net assets without donor restrictions | $3,268,144 |
| 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 | $3,448,450 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Knom Radio Mission Inc has recieved totaling $8,207.
| Awarding Organization | Amount |
|---|---|
J Edgar Monroe Foundation 1976 Metairie, LA PURPOSE: GENERAL CHARITABLE PURPOSE | $5,000 |
Weisenburger Family Charitable Foundation Inc Monroe, MI PURPOSE: RELIGIOUS | $1,000 |
Frances Saunders Foundation Merced, CA PURPOSE: SUPPORT FOR FAITH-BASED RADIO. | $1,000 |
Optio Caritas Foundation Mchenry, IL PURPOSE: DONATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $187 |
Kish Charitable Tr Oak Forest, IL PURPOSE: CIVIC | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knom Radio Mission Inc Anchorage, AK | $3,448,450 | $1,482,530 |
Sacred Heart Radio Incorporated Kirkland, WA | $1,075,528 | $783,486 |
Joy Media Ministries Glennallen, AK | $1,230,872 | $545,028 |
Radio Mv U-Turn Ministry Mount Vernon, WA | $343,380 | $666,687 |
Holy Spirit Sanctifier Catholic Radio Walla Walla, WA | $116,090 | $0 |
Great Awakening Productions Bellingham, WA | $12,146 | $0 |
Safe Harbor Broadcasting Homer, AK | $1,110 | $13,798 |