Delmarva Education Association
- Assets
- $5.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 25
- Location
- Winston Salem, NC
- Founding
- 11/2003
- Data as of
- 12/2020
- EIN
- 90-0036487
Organization Overview
Delmarva Education Association is located in Winston Salem, NC. The organization was established in 2003. 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 12/2021, Delmarva Education Association employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delmarva Education Association 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 12/2020, Delmarva Education Association generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Delmarva Education Association has awarded 147 individual grants totaling $3,831,954. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO OWN AND OPERATE BROADCAST STATIONS THAT PROVIDE EDUCATIONAL, INFORMATIONAL, AND ENTERTAINMENT PROGRAMS. SEE PART III, LINE 1 FOR MORE INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE OWNED AND OPERATED BROADCAST RADIO STATIONS DURING THE YEAR THAT PROVIDED LISTENERS WITH EDUCATIONAL, INFORMATIONAL, RELIGIOUS AND OTHER ENTERTAINMENT DURING THE YEAR. WE WERE ABLE TO DONATE FUNDS TO OTHER CHARITABLE ORGANIZATIONS WHICH PROVIDE A RESOURCE FOR PROGRAMMING MATERIALS WITH MISSIONS THAT ALIGN WITH OURS IN ORDER TO FURTHER THEIR WORKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy A Epperson President | OfficerTrustee | 2 | $0 |
John Fonville Director | Trustee | 2 | $0 |
Brian Sizer Director | Trustee | 2 | $0 |
Bea Ward Director | Trustee | 2 | $0 |
Sam Hicks Director | Trustee | 2 | $0 |
Mark Gunn Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,850 |
| Investment income | $5,943 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $99,752 |
| Net Gain/Loss on Asset Sales | $4,432 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,268,919 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $408,169 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $95,918 |
| Fees for services: Management | $33,750 |
| Fees for services: Legal | $1,489 |
| Fees for services: Accounting | $26,944 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,558 |
| Fees for services: Other | $187,999 |
| Advertising and promotion | $12,412 |
| Office expenses | $27,614 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $259,453 |
| Travel | $9,131 |
| 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 | $123,162 |
| Insurance | $22,854 |
| All other expenses | $0 |
| Total functional expenses | $1,993,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $925,666 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,486 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,484 |
| Total assets | $5,513,140 |
| Accounts payable and accrued expenses | $15,049 |
| 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 | $3,099,946 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,723 |
| Total liabilities | $3,119,718 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,393,422 |
Grants Awarded
Over the last fiscal year, Delmarva Education Association has awarded $462,338 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
PREPARE INTERNATIONAL | | | $125,763 |
Wichita, KS | | $36,000 |
Greenville, SC | | $32,152 |
Harrisburg, PA | | $30,792 |
Winstonsalem, NC | | $28,000 |
Winston Salem, NC | | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Delmarva Education Association has recieved totaling $30,015.
| Awarding Organization | Amount |
|---|---|
Bill And Connie Timmons Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bible Broadcasting Network Incorporated Charlotte, NC | $94,578,344 | $19,453,419 |
Family Stations Inc Franklin, TN | $96,805,715 | $8,074,278 |
Christian Research Institute Inc Charlotte, NC | $3,392,199 | $4,551,124 |
Delmarva Education Association Winston Salem, NC | $5,513,140 | $1,268,919 |
Power Foundation Inc Piedmont, SC | $2,390,195 | $1,926,173 |
Augusta Radio Fellowship Institute Inc Grovetown, GA | $10,451,546 | $1,051,845 |
Proclaim My Work Inc Dahlonega, GA | $2,497,591 | $306,292 |
Christian Productions International Hendersonville, TN | $123,959 | $301,163 |
C2a This Week Inc Raleigh, NC | $22,797 | $251,871 |
Gospel Broadcasting Inc Dobson, NC | $174,195 | $237,312 |
Mediatrix Sc Inc Greer, SC | $492,612 | $166,875 |
Word Christian Broadcasting Inc Douglasville, GA | $576,412 | $192,110 |