Wonderful News Radio Inc
- Assets
- $1.1m
- Revenue
- $644.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Port Huron, MI
- Founding
- 09/1998
- Data as of
- 06/2022
- EIN
- 38-3377170
Organization Overview
Wonderful News Radio Inc is located in Port Huron, MI. The organization was established in 1998. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Wonderful News Radio Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wonderful News Radio 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, Wonderful News Radio Inc generated $644.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $582.7k during the year ending 06/2022. While expenses have increased by 2.5% 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
CHRISTIAN RADIO BROADCASTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING 24 HOUR CHRISTIAN RADIO BROADCASTING ON THE FM EDUCATIONAL BAND AT 88.3 FM AND 90.7 FM
SEE 1ST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Scott Secretary | Officer | $0 | |
Timothy Clark Director | Trustee | $0 | |
Tom Dennis Director | Trustee | $0 | |
Brian Gwisdala Chairman | Trustee | $0 | |
Mark Moses Director | Trustee | $0 | |
Barry Mcillwaine Treasurer | Trustee | $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 | $551,893 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,893 |
| Total Program Service Revenue | $56,519 |
| Investment income | $38,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,437 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $644,182 |
| 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 | $216,134 |
| Pension plan accruals and contributions | $3,555 |
| Other employee benefits | $31,231 |
| Payroll taxes | $16,534 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,201 |
| Office expenses | $8,106 |
| Information technology | $10,260 |
| Royalties | $0 |
| Occupancy | $56,096 |
| Travel | $9,480 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,360 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,087 |
| Insurance | $5,921 |
| All other expenses | $35,179 |
| Total functional expenses | $582,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,262 |
| Savings and temporary cash investments | $0 |
| 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 | $39,170 |
| Net Land, buildings, and equipment | $734,849 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,053,281 |
| 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 | $207,748 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,398 |
| Total liabilities | $216,146 |
| Net assets without donor restrictions | $837,135 |
| 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 | $1,053,281 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wonderful News Radio Inc has recieved totaling $7,401.
| Awarding Organization | Amount |
|---|---|
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: General Support | $7,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $201 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Detroit Educational Television Wixom, MI | $32,467,190 | $23,273,124 |
Metropolitan Indianapolis Public Media Inc Indianapolis, IN | $17,731,551 | $16,233,576 |
Friends Of Pbs Wisconsin Inc Madison, WI | $26,799,003 | $16,138,945 |
Greater Cincinnati Television Educational Foundation Cincinnati, OH | $10,528,764 | $7,237,588 |
Greater Dayton Public Television Inc Dayton, OH | $8,014,778 | $6,126,511 |
Northeastern Educational Television Of Ohio Inc Kent, OH | $8,553,736 | $5,362,591 |
Michiana Public Broadcasting Corporation South Bend, IN | $7,116,699 | $3,958,215 |
Fort Wayne Public Television Inc Fort Wayne, IN | $4,661,204 | $2,930,889 |
Northwest Indiana Public Broadcasting Inc Merrillville, IN | $3,583,676 | $2,469,139 |
Wnin Tri-State Public Media Inc Evansville, IN | $6,982,460 | $2,936,769 |
American Christian Television Services Inc Wtlw-Tv Elida, OH | $2,905,058 | $2,534,429 |
Clarion Project Inc Beachwood, OH | $3,841,154 | $2,649,430 |