Ave Maria Communications
- Assets
- $1.1m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 16
- Location
- Ann Arbor, MI
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 38-3263675
Organization Overview
Ave Maria Communications, operating under the name Ave Maria Radio, is located in Ann Arbor, MI. The organization was established in 2006. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Ave Maria Radio employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ave Maria 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, Ave Maria Radio generated $2.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AVE MARIA COMMUNICATIONS EMPLOYS RADIO, INTERNET AND OTHER MEDIA TO OFFER NEWS, ANALYSIS, TEACHING, DEVOTIONS AND MUSIC TO DEMONSTRATE THE GOOD NEWS THAT JESUS IS LORD OVER ALL AREAS OF LIFE. THROUGH THESE MEANS AND ACTIVITIES WE SHOW THAT THE TEACHING OF CHRIST, THROUGH HIS CHURCH OFFERS A RATIONAL VIEW OF THE WORLD, A DEEP SENSE OF SPIRITUALITY, A FIRM FAMILY LIFE, ENHANCED HUMAN RELATIONSHIPS, AND THE CREATION OF A CULTURE OF LIFE AND LOVE.
Describe the Organization's Program Activity:
AVE MARIA COMMUNICATIONS(AMC) FURTHERS THE EDUCATION OF INDIVIDUALS IN THE CATHOLIC RELIGION BY PRODUCING CATHOLIC RADIO PROGRAMMING. THIS YEAR AMC PRODUCED OVER 48 HOURS OF CATHOLIC RADIO PROGRAMMING PER WEEK INCLUDING SEVERAL LIVE EVENTS DISTRIBUTED TO OVER 380 AFFILIATE RADIO STATIONS ACROSS THE UNITED STATES AND OTHER SUCH NOTABLES AS EWTN SIRIUS CHANNEL 130 AND HUNDREDS OF WEB STREAMS. AMC PRODUCES VIDEOS FOR DISTRIBUTION ON VARIOUS SOCIAL MEDIA PLATFORMS INCLUDING THE INTERNET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene Leger Advertising Sales Manager | 40 | $122,914 | |
Al Kresta President/ceo/director | OfficerTrustee | 40 | $112,102 |
Michael Jones Vice Pres/gen Mgr/director | OfficerTrustee | 40 | $111,094 |
Paul Fransway Director/secretary | OfficerTrustee | 1 | $0 |
George Forrest III Treasurer | Officer | 2 | $0 |
Gordon Leipold Director | Trustee | 1 | $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 | $1,307,086 |
| Noncash contributions included in lines 1a–1f | $585 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,307,086 |
| Total Program Service Revenue | $975,263 |
| Investment income | $532 |
| 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 | $3,261 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,682,742 |
| 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. | $278,457 |
| Compensation of current officers, directors, key employees. | $21,709 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $326,327 |
| Pension plan accruals and contributions | $33,374 |
| Other employee benefits | $162,892 |
| Payroll taxes | $62,301 |
| Fees for services: Management | $376,795 |
| Fees for services: Legal | $3,045 |
| Fees for services: Accounting | $40,255 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,335 |
| Advertising and promotion | $45,083 |
| Office expenses | $29,734 |
| Information technology | $121,963 |
| Royalties | $0 |
| Occupancy | $37,798 |
| Travel | $28,868 |
| 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 | $8,903 |
| Insurance | $0 |
| All other expenses | $128,487 |
| Total functional expenses | $2,276,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $347,787 |
| Savings and temporary cash investments | $119,363 |
| Pledges and grants receivable | $32,700 |
| Accounts receivable, net | $398,686 |
| 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 | $82,844 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $105,000 |
| Total assets | $1,086,380 |
| Accounts payable and accrued expenses | $225,688 |
| 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 | $0 |
| Total liabilities | $225,688 |
| Net assets without donor restrictions | $860,692 |
| 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 | $1,086,380 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ave Maria Communications has recieved totaling $21,036.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $14,350 |
Charles Stewart Mott Foundation Flint, MI PURPOSE: FOR THE GENERAL PURPOSES OR OTHER CHARITABLE PURPOSES OF THE ORGANIZATION. | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $686 |
Endowment Analysis
| Beg. Balance | $16,529 |
| Earnings | $1,954 |
| Ending Balance | $18,483 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Salvation Poem Foundation Sparta, WI | $3,136,023 | $4,409,624 |
Ave Maria Communications Ann Arbor, MI | $1,086,380 | $2,682,742 |
Keys For Kids Grand Rapids, MI | $1,443,130 | $1,799,549 |
Strong Tower Christian Media Xenia, OH | $3,164,622 | $2,058,080 |
Audio Scripture Ministries Holland, MI | $1,970,304 | $2,131,830 |
Soulmedic Media Group Inc Fort Wayne, IN | $2,247,973 | $1,463,247 |
Jehu Ministries International Grand Rapids, MI | $3,457,860 | $295,096 |
Lakeshore Communications Inc De Pere, WI | $849,224 | $666,318 |
Little Brothers Friends Of Theelderly Cincinnati, OH | $580,361 | $332,129 |
Kayser Broadcast Ministries Upper Sandusky, OH | $522,785 | $378,524 |
Matthias Media Ministries Youngstown, OH | $315,377 | $465,837 |
Pipeline To God Communications Inc Beachwood, OH | $94,695 | $324,281 |