Radio & Television News Directors Foundation
- Assets
- $2.8m
- Revenue
- $335.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/1967
- Data as of
- 12/2021
- EIN
- 38-1860090
Organization Overview
Radio & Television News Directors Foundation, operating under the name Radio And Television Digital News Foundation, is located in Washington, DC. The organization was established in 1967. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Radio And Television Digital News Foundation 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, Radio And Television Digital News Foundation generated $335.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $241.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE DEVELOPMENT, DIFFUSION AND APPLICATION OF KNOWLEDGE TO THE ADVANCEMENT OF ALL FORMS OF ELECTRONIC JOURNALISM; TO PROMOTE, FOSTER AND STIMULATE THE STUDY OF ELECTRONIC JOURNALISM AND RESEARCH; TO FURNISH ENCOURAGEMENT, AID, GUIDANCE, SUPPORT AND FINANCIAL ASSISTANCE TO QUALIFIED PERSONS WHO DESIRE TO MAKE THEIR CAREER IN THE FIELD OF ELECTRONIC JOURNALISM.
Describe the Organization's Program Activity:
GERMAN/AMERICAN JOURNALISM EXCHANGE: ENHANCE THE BACKGROUND AND UNDERSTANDING THAT JOURNALISTS FROM GERMANY AND THE U.S. HAVE FOR EACH OTHER'S CULTURES, POLITICS, ECONOMY, SOCIETY AND JOURNALISM PRACTICES.
SCHOLARSHIP/FELLOWSHIPS AND AWARDS: TO PROVIDE FINANCIAL ASSISTANCE FOR HIGHER EDUCATION STUDIES TO TALENTED ELECTRONIC JOURNALISM STUDENTS AND EARLY-CAREER PROFESSIONALS TO ENABLE THEM TO PREPARE FOR AND ADVANCE IN THEIR CAREERS IN THE PROFESSION.
NATIONAL ENDOWMENT FOR FINANCIAL EDUCATION EXCELLENCE IN PERSONAL FINANCE REPORTING AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Scheld Rtdna Chair - Elect | OfficerTrustee | 2 | $0 |
Andrea Stahlman Rtdnf Chair | OfficerTrustee | 2 | $0 |
Allison Mcginley Rtdna Chair | OfficerTrustee | 2 | $0 |
Loren Tobia Rtdna Treasurer | OfficerTrustee | 2 | $0 |
Kathy Walker Rtdnf Secretary/treasurer | OfficerTrustee | 2 | $0 |
Dan Shelley President & CEO | Officer | 12 | $0 |
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 | $261,521 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $261,521 |
| Total Program Service Revenue | $0 |
| Investment income | $73,886 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $335,407 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $37,000 |
| 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 | $87,797 |
| Pension plan accruals and contributions | $1,656 |
| Other employee benefits | $3,200 |
| Payroll taxes | $6,650 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,871 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,594 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $241,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,166 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $165,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,288,417 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,755,583 |
| Accounts payable and accrued expenses | $2,270 |
| 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 | $310,214 |
| Total liabilities | $312,484 |
| Net assets without donor restrictions | $634,979 |
| Net assets with donor restrictions | $1,808,120 |
| 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 | $2,755,583 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Radio & Television News Directors Foundation has recieved totaling $32,383.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $21,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $11,383 |
Endowment Analysis
| Beg. Balance | $1,449,748 |
| Earnings | $200,377 |
| Net Contributions | $216,965 |
| Other Expense | $58,969 |
| Ending Balance | $1,808,121 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Radio Free Asia Washington, DC | $14,965,944 | $48,612,809 |
Atlantic Gateway Communications Inc Rockville, MD | $17,231,384 | $8,767,157 |
Positive Alternative Radio Inc Blacksburg, VA | $12,105,265 | $8,585,071 |
Your Public Radio Corporation Baltimore, MD | $11,534,970 | $6,734,198 |
Radioloy Business Management Association Fairfax, VA | $1,925,758 | $2,363,822 |
Towson University Public Media Towson, MD | $1,208,629 | $1,772,101 |
America Abroad Media Washington, DC | $41,649 | $950,475 |
Council On Radionuclides & Radiopharmaceuticals Washington, DC | $1,555,856 | $899,428 |
The Software Defined Radio Forum Inc Reston, VA | $795,838 | $578,782 |
Radio Amateur Satellite Corporation Washington, DC | $932,548 | $409,298 |
Foundation For Amateur Radio Inc Laurel, MD | $244,713 | $131,593 |
Radio & Television News Directors Foundation Washington, DC | $2,755,583 | $335,407 |