Guam Educational Radio Foundation
- Assets
- $511.0k
- Revenue
- $594.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Mangilao, GU
- Founding
- 08/2008
- Data as of
- 09/2021
- EIN
- 66-0486921
Organization Overview
Guam Educational Radio Foundation is located in Mangilao, GU. The organization was established in 2008. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Guam Educational Radio Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guam Educational Radio 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 09/2021, Guam Educational Radio Foundation generated $594.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $429.6k during the year ending 09/2021. While expenses have increased by 4.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCH O FOR CONTINUATION KPRG-FM 89.3 IS THE PUBLIC RADIO BROADCAST STATION OF THE GUAM EDUCATIONAL RADIO FOUNDATION. KPRG IS LICENSED BY THE FEDERAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEWS, ENTERTAINMENT, AND CURTURAL PROGRAMMING: FOUNDED IN 1994, KPRG PUBLIC RADIO GUAM, LOCATED ON GUAM AND PART OF THE MARIANAS ISLANDS, IS A NON-PROFIT ORGANIZATION WITH A VIBRANT BOARD OF TRUSTESS. KPRG AIMS TO PROVIDE THE PUBLIC WITH IN-DEPTH NEWS, POLITICS AND CIVIC AFFAIRS, AND GIVE A VOICE TO A DIVERSE AUDIENCE. KPRG REACHES THOUSANDS OF LISTENERS EVERY DAY PROVIDING THEM WITH THE MOST COMPREHENSIVE NEWS, MUSIC, AND ENTERTAINMENT PROGRAMMING GUAM RADIO HAS TO OFFER. KPRG BROADCASTS NEWS AND INFORMATION INCLUDING MORNING EDITION, DEMOCRACY NOW, AND BBC WORLD SERVICE AND ENTERTAINMENT PROGRAMMING INCLUDING WORLD CAFE AND WAIT, WAIT, DON'T TELL ME. PUBLIC RADIO GUAM ALSO PRODUCES SEVERAL HOURS OF LOCAL AND CULTURAL PROGRAMMING EACH WEEK INCLUDING BEYOND THE FENCE WHICH EXAMINES THE COMPLEXITY OF THE MILITARY BUILDUP ON GUAM, AND THE CHAMORRO LANGUAGE HOUR ARE BUT A FEW OF THE LOCALLY PRODUCED PROGRAMS THAT KPRG'S AUDIENCE HAS GROWN TO LOVE EACH AND EVERY WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hopkins Chairman | OfficerTrustee | 0.8 | $0 |
Tim Rock Vice Chairman | OfficerTrustee | 0.8 | $0 |
Ray Anderson Treasurer | Trustee | 0.8 | $0 |
Vacant Trustee | Trustee | 0 | $0 |
Ernest Matson Secretary | Trustee | 0.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $57,158 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $107,355 |
| All other contributions, gifts, grants, and similar amounts not included above | $430,190 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $594,703 |
| Total Program Service Revenue | $0 |
| Investment income | $87 |
| 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 | $594,790 |
| 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 | $163,812 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $7,991 |
| Fees for services: Legal | $0 |
| 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 | $54,681 |
| Advertising and promotion | $0 |
| Office expenses | $3,187 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $910 |
| 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 | $12,881 |
| Insurance | $5,105 |
| All other expenses | $0 |
| Total functional expenses | $429,612 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469,218 |
| 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 | $0 |
| Net Land, buildings, and equipment | $41,797 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $511,015 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $511,015 |
| 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 | $511,015 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Guam Educational Radio Foundation has recieved totaling $331,620.
| Awarding Organization | Amount |
|---|---|
Corporation For Public Broadcasting Washington, DC PURPOSE: RFSG | $201,626 |
Corporation For Public Broadcasting Washington, DC PURPOSE: RCSG | $129,994 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|