Civic Intelligence

Divine Mercy Radio Inc.

EIN 26-3021438 • 501(c)3 • Raleigh, NC

Pub. 78 Eligible990-N CoverageNTEE A34

Profile

Divine nbsp;mercy nbsp;radio nbsp;is nbsp;a nbsp;lay nbsp;apostolate nbsp;dedicated nbsp;to nbsp;sharing nbsp;the nbsp;truth nbsp;beauty nbsp;love nbsp;and nbsp;joy nbsp;of nbsp;the nbsp;catholic nbsp;faith nbsp;through nbsp;the nbsp;medium nbsp;of nbsp;radio nbsp;in nbsp;north nbsp;carolina

343 E Six Forks Road Ste 200Raleigh, NC 27609

www.wmdr.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Net Margin

81st percentile

40%

Higher net margin than 81% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2024

Asset Growth

79th percentile

22%

Faster asset growth than 79% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

82nd percentile

71%

Faster revenue growth than 82% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,216,890

Up $221,868 (+22%) from 2023

Liabilities

Up

$1,613

Up $766 (+90%) from 2023

Net Assets

Up

$1,215,277

Up $221,102 (+22%) from 2023

Revenue

Up

$554,999

Up $230,691 (+71%) from 2023

Expenses

Up

$333,897

Up $106,974 (+47%) from 2023

Net Income

Up

$221,102

Up $123,717 (+127%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2017: $155,677Liabilities 2017: $0Net Assets 2017: $155,6772017Assets 2018: $934,768Liabilities 2018: $680,000Net Assets 2018: $254,7682018Assets 2019: $950,656Liabilities 2019: $660,674Net Assets 2019: $289,9822019Assets 2020: $957,358Liabilities 2020: $642,399Net Assets 2020: $314,9592020Assets 2021: $927,619Liabilities 2021: $283,623Net Assets 2021: $643,9962021Assets 2022: $1,028,023Liabilities 2022: $131,233Net Assets 2022: $896,7902022Assets 2023: $995,022Liabilities 2023: $847Net Assets 2023: $994,1752023Assets 2024: $1,216,890Liabilities 2024: $1,613Net Assets 2024: $1,215,2772024

Highlighted filing

2024

Assets$1,216,890
Liabilities$1,613
Net Assets$1,215,277

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2017: $132,248Expenses 2017: $38,180Net Income 2017: $94,0682017Revenue 2018: $239,095Expenses 2018: $140,711Net Income 2018: $98,3842018Revenue 2019: $232,586Expenses 2019: $197,372Net Income 2019: $35,2142019Revenue 2020: $266,256Expenses 2020: $241,279Net Income 2020: $24,9772020Revenue 2021: $512,273Expenses 2021: $183,236Net Income 2021: $329,0372021Revenue 2022: $424,557Expenses 2022: $171,763Net Income 2022: $252,7942022Revenue 2023: $324,308Expenses 2023: $226,923Net Income 2023: $97,3852023Revenue 2024: $554,999Expenses 2024: $333,897Net Income 2024: $221,1022024

Highlighted filing

2024

Revenue$554,999
Expenses$333,897
Net Income$221,102

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 26, 2025
Return Version
2024v5.0
Gross Receipts
$554,999
Mission and Program Overview

Mission

Divine nbsp;mercy nbsp;radio nbsp;is nbsp;a nbsp;lay nbsp;apostolate nbsp;dedicated nbsp;to nbsp;sharing nbsp;the nbsp;truth nbsp;beauty nbsp;love nbsp;and nbsp;joy nbsp;of nbsp;the nbsp;catholic nbsp;faith nbsp;through nbsp;the nbsp;medium nbsp;of nbsp;radio nbsp;in nbsp;north nbsp;carolina

Provide to the public catholic-focused religious education via radio broadcasting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$404,004$689,301▲ $285,297
Savings and Temporary Cash Investments$296,911$244,611▼ $52,300
Intangible Assets$257,010$232,572▼ $24,438
Cash and Non-Interest-Bearing Accounts$21,788$27,344▲ $5,556
Total Assets$995,022$1,216,890▲ $221,868
Other Assets Total$15,309$23,062▲ $7,753
Liabilities
Accounts Payable and Accrued Expenses$847$1,613▲ $766
Total Liabilities$847$1,613▲ $766
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$994,175$1,215,277▲ $221,102
Total Net Assets Fund Balance$994,175$1,215,277▲ $221,102
Total Liabilities and Net Assets / Fund Balance$995,022$1,216,890▲ $221,868

Asset Categories

AssetBook ValueDepreciationBasis
Land$600,622-$600,622
Other Land Buildings$88,679$91,467$180,146
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ellen BeleyChairman
Arthur PowersBoard Member
Cecelia FlanaryBoard Member
Frank FedorvichBoard Member
James DodsonBoard Member
Patricia GuinSecretary
Patrick YankeSecretary
Fr James GarneauSpiritual Di
Dale DawsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$553,352
Program Service Revenue
$0
Investment Income
$1,647
Other Revenue
$0
All Other Contributions
$553,352
Change in Net Assets
$221,102

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$250,000
Total Noncash Contributions1$250,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$233,690
Salaries, Compensation, and Employee Benefits$76,207
Total Fundraising Expense$36,762
Professional Fundraising Fees$24,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$70,302--$70,302
Information Technology$51,202--$51,202
Office Expenses$30,862$2,076$12,762$45,700
Fees for Services Other$43,830--$43,830
Depreciation Depletion$35,612--$35,612
Fees for Services Professional Fundraising--$24,000$24,000
Insurance$8,934$2,002-$10,936
Occupancy$8,722$1,201-$9,923
Fees for Services Legal$8,050--$8,050
Payroll Taxes$5,905--$5,905
All Other Expenses$2,743--$2,743
Fees for Services Accounting$1,632--$1,632
Other Expenses$1,490$3,253-$1,490
Travel-$933-$933
Conferences and Meetings$365--$365
Advertising$50--$50
Total Functional Expenses$287,670$9,465$36,762$333,897
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$24,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is provided to the board of directors and the board reviews and approves the form 990 for filing.

Form 990, Page 6, Part VI, Line 12C

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, the interested person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporations best interest, for its own benefit, and whether it is fair and reasonable.

Form 990, Page 6, Part VI, Line 19

The organization form 990 is available upon request. The organizations governing documents, conflicts of interest policy and financial statements are avaialble upon request for inspection at our primary business location during normal business hours.

Filing and Contact Details

Filer

Filer Name
Divine Mercy Radio Inc
EIN
26-3021438
Phone
9193005400
Address
343 E SIX FORKS ROAD STE 200, RALEIGH, NC 27609

Signing Officer

Name
Dale Dawson
Title
Treasurer
Phone
9193005400
Signed
2025-08-26

Organization Details

Principal Officer
Ellen Beley
Formed
2010
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
30

Preparer

Firm
Legacy Tax Advisors
Address
7413 SIX FORKS RD UNIT 222, RALEIGH, NC 27615-6164
Preparer
Alfred Darakjian
Phone
9846833391
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Divine mercy radio is a lay apostolate dedicated to sharing the truth, beauty, love, and joy of the catholic faith through the medium of radio in north carolina.

Form 990, Part IX, Line 11G

Marketing assistant 10,364 0 0 production admin 8,800 0 0 engineering support 21,730 0 0 land appraisal 650 0 0 development assitant 840 0 0 technical lead 1,446 0 0 total 43,830 0 0

Raw XML Appendix394 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIVINE MERCY RADIO IS A LAY APOSTOLATE DEDICATED TO SHARING THE TRUTH, BEAUTY, LOVE, AND JOY OF THE CATHOLIC FAITH THROUGH THE MEDIUM OF RADIO IN NORTH CAROLINA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AND THE BOARD REVIEWS AND APPROVES THE FORM 990 FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, THE INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATIONS BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION FORM 990 IS AVAILABLE UPON REQUEST. THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAIALBLE UPON REQUEST FOR INSPECTION AT OUR PRIMARY BUSINESS LOCATION DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MARKETING ASSISTANT 10,364 0 0 PRODUCTION ADMIN 8,800 0 0 ENGINEERING SUPPORT 21,730 0 0 LAND APPRAISAL 650 0 0 DEVELOPMENT ASSITANT 840 0 0 TECHNICAL LEAD 1,446 0 0 TOTAL 43,830 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DALE DAWSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEGACY TAX ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07413 SIX FORKS RD UNIT 222
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALFRED DARAKJIAN
ReturnHeader/ReturnTs02025-09-17T20:46:33-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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