Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 59-1740662 • 501(c)3 • Titusville, FL
Profile
As a licensee of ten noncommercial/educational licenses from the FCC, it broadcasts free over the air educational, cultural, public affairs and scientific audio content. Support is raised in over the air appeals from listeners. No products are sold or offered as an incentive to donate.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
20th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
42nd percentile
Higher top officer pay than 42% of similar nonprofits.
Top officer pay equals 1.2% of source-year revenue.
Asset Growth
89th percentile
Faster asset growth than 89% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Assets
Up$1,825,790
Up $572,250 (+46%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$1,825,790
Up $572,250 (+46%) from 2023
Revenue
Down$644,112
Down $188,558 (-23%) from 2023
Expenses
Up$915,950
Up $147,626 (+19%) from 2023
Net Income
Down-$271,838
Down $336,184 (-522%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The organization is the licensee of several noncommercial-educational radio stations. These stations broadcast free over the air to the public a variety of programming that is required to contain educational, charitable, cultural and public interest content. There are some 700,000 potential listeners to the station.
The organization is a licensee of nine noncommercial/educational FM radio stations. It operates the stations to serve the public with over-the-air noncommercial/educational programming in the spirit of Congress' Public Radio Act of 1967.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | - | $947,440 | - |
| Land, Buildings, and Equipment, Net | $929,000 | $740,000 | ▼ $189,000 |
| Cash and Non-Interest-Bearing Accounts | $324,540 | $138,350 | ▼ $186,190 |
| Loans From Officers Directors | - | $0 | - |
| Total Assets | $1,253,540 | $1,825,790 | ▲ $572,250 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $0 | - |
| Grants Payable | - | $0 | - |
| Mortgage Notes Payable Secured by Investment Property | - | $0 | - |
| Unsecured Notes Loans Payable | - | $0 | - |
| Deferred Revenue | - | $0 | - |
| Escrow Account Liability | - | $0 | - |
| Tax Exempt Bond Liabilities | - | $0 | - |
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,253,540 | $1,825,790 | ▲ $572,250 |
| Net Assets With Donor Restrictions | $0 | $0 | → $0 |
| Total Net Assets Fund Balance | $1,253,540 | $1,825,790 | ▲ $572,250 |
| Total Liabilities and Net Assets / Fund Balance | $1,253,540 | $1,825,790 | ▲ $572,250 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $650,000 | - | $650,000 |
| Buildings | $50,000 | $0 | $50,000 |
| Equipment | $40,000 | $0 | $40,000 |
| Other Land Buildings | $0 | $0 | $0 |
| Leasehold Improvements | $0 | $0 | $0 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Carol Henry | President | PT | $8,000 | $8,000 |
| Name | Title |
|---|---|
| Mark Henry | Vice President |
| Harry Shetler | Director |
| William Gratton | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $896,200 |
| Salaries, Compensation, and Employee Benefits | $19,750 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $700,000 | $0 | $0 | $700,000 |
| Occupancy | $38,000 | - | - | $38,000 |
| Royalties | $18,000 | - | - | $18,000 |
| Other Salaries and Wages | $11,750 | - | - | $11,750 |
| Travel | $9,000 | - | - | $9,000 |
| Current Officers, Directors, Trustees, and Key Employees | $8,000 | - | - | $8,000 |
| Information Technology | $4,500 | - | - | $4,500 |
| Insurance | $3,700 | - | - | $3,700 |
| Office Expenses | $3,000 | - | - | $3,000 |
| Total Functional Expenses | $915,950 | $0 | $0 | $915,950 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“Form 990, Part VI, Section B, Line 11b - It keeps income and expense activity events open to all directors for review at anytime. All have Form 990, Part XI, Line 9 - savings CD at bank access keys to the central office”
“Form 990, Part VI, Section C, Line 19 - On site in person requests for copies of the form are honored; email requests are honored; available online as well by "others" at guidestar dot com”
“Form 990, Part XI, Line 9 - savings CD at bank”
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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| IRS990/FormationYr | 0 | 1974 |
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| IRS990/GainOrLossGrp/OtherAmt | 0 | 60000 |
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| IRS990/MissionDesc | 0 | As a licensee of ten noncommercial/educational licenses from the FCC, it broadcasts free over the air educational, cultural, public affairs and scientific audio content. Support is raised in over the air appeals from listeners. No products are sold or offered as an incentive to donate. |
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| IRS990/OccupancyGrp/TotalAmt | 0 | 38000 |
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| IRS990/OtherExpensesGrp/Desc | 0 | Electricity for Studios and Transmitters |
| IRS990/OtherExpensesGrp/Desc | 1 | New Equipment and Maintenance |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 120000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 700000 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 120000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 700000 |
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| IRS990/PrincipalOfficerNm | 0 | Carol Henry |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | The organization is regulated by the FCC via a license renewal process to insure that it provides programming in the public interest, convenience and necessity. An example of that meets these accomplishments include: German language and German music weekly, including news from Germany intended for German Americans in the community. A similar Polish cultural program completes the 90 minute weekly broadcast that is in it's 32nd year. Hosts are retired volunteers. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | The organization is regulated by the FCC via a license renewal process to insure that it provides programming in the public interest, convenience and necessity. An example of that meets these accomplishments include: opening the facility to Emergency Management and local authorities time for messages relating to hurricane damage and preparedness. |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Form 990, Part VI, Section B, Line 11b - It keeps income and expense activity events open to all directors for review at anytime. All have Form 990, Part XI, Line 9 - savings CD at bank access keys to the central office |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Form 990, Part VI, Section C, Line 19 - On site in person requests for copies of the form are honored; email requests are honored; available online as well by "others" at guidestar dot com |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Form 990, Part XI, Line 9 - savings CD at bank |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part XI, Line 9 |
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