Civic Intelligence

Kachemak Bay Broadcasting Inc

EIN 92-0060366 • 501(c)3 • Homer, AK

View Organization Page

Profile

PUBLIC RADIO

3913 Kachemak WayHomer, AK 99603

www.kbbi.org

Siviq Scores

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

Liabilities / Assets

55th percentile

0.10x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.19x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

14th percentile

-21%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

19th percentile

-7.2%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-22%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$1,057,879

Down $30,011 (-2.8%) from 2023

Liabilities

Down

$70,263

Down $35,843 (-34%) from 2023

Net Assets

Up

$987,616

Up $5,832 (+0.6%) from 2023

Operations
Liabilities / Revenue65th percentileNet Margin14th percentile

Revenue

Up

$589,731

Up $35,327 (+6.4%) from 2023

Expenses

Down

$592,155

Down $77,224 (-12%) from 2023

Net Income

Up

-$2,424

Up $112,551 (+98%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $1,374,124Liabilities 2011: $68,406Net Assets 2011: $1,305,7182011Assets 2012: $1,390,350Liabilities 2012: $73,897Net Assets 2012: $1,316,4532012Assets 2013: $1,311,726Liabilities 2013: $26,373Net Assets 2013: $1,285,3532013Assets 2014: $1,261,356Liabilities 2014: $51,093Net Assets 2014: $1,210,2632014Assets 2015: $1,295,818Liabilities 2015: $42,748Net Assets 2015: $1,253,0702015Assets 2016: $1,304,885Liabilities 2016: $35,734Net Assets 2016: $1,269,1512016Assets 2017: $1,260,125Liabilities 2017: $38,825Net Assets 2017: $1,221,3002017Assets 2018: $1,220,635Liabilities 2018: $40,751Net Assets 2018: $1,179,8842018Assets 2019: $1,131,903Liabilities 2019: $50,832Net Assets 2019: $1,081,0712019Assets 2020: $1,247,005Liabilities 2020: $207,384Net Assets 2020: $1,039,6212020Assets 2021: $1,283,768Liabilities 2021: $228,929Net Assets 2021: $1,054,8392021Assets 2022: $1,171,707Liabilities 2022: $80,059Net Assets 2022: $1,091,6482022Assets 2023: $1,087,890Liabilities 2023: $106,106Net Assets 2023: $981,7842023Assets 2024: $1,057,879Liabilities 2024: $70,263Net Assets 2024: $987,6162024

Highlighted filing

2024

Assets$1,057,879
Liabilities$70,263
Net Assets$987,616
Open 2024 Filing

Operations Trend

Revenue Growth13th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $613,592Expenses 2011: $566,425Net Income 2011: $47,1672011Revenue 2012: $612,477Expenses 2012: $601,742Net Income 2012: $10,7352012Revenue 2013: $595,237Expenses 2013: $606,337Net Income 2013: -$11,1002013Revenue 2014: $568,729Expenses 2014: $643,819Net Income 2014: -$75,0902014Revenue 2015: $673,112Expenses 2015: $619,611Net Income 2015: $53,5012015Revenue 2016: $613,350Expenses 2016: $601,299Net Income 2016: $12,0512016Revenue 2017: $552,391Expenses 2017: $581,194Net Income 2017: -$28,8032017Revenue 2018: $545,585Expenses 2018: $586,779Net Income 2018: -$41,1942018Revenue 2019: $522,305Expenses 2019: $622,876Net Income 2019: -$100,5712019Revenue 2020: $588,851Expenses 2020: $632,070Net Income 2020: -$43,2192020Revenue 2021: $716,685Expenses 2021: $710,463Net Income 2021: $6,2222021Revenue 2022: $714,275Expenses 2022: $668,416Net Income 2022: $45,8592022Revenue 2023: $554,404Expenses 2023: $669,379Net Income 2023: -$114,9752023Revenue 2024: $589,731Expenses 2024: $592,155Net Income 2024: -$2,4242024

Highlighted filing

2024

Revenue$589,731
Expenses$592,155
Net Income-$2,424
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,057,879
Liabilities
$70,263
Net assets
$987,616
Revenue
$589,731
Expenses
$592,155
Net income
-$2,424
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.06$0.07$0.99$0.59$0.59$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.09$0.11$0.98$0.55$0.67$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.08$1.09$0.71$0.67$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.23$1.05$0.72$0.71$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.21$1.04$0.59$0.63$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.13$0.05$1.08$0.52$0.62$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.22$0.04$1.18$0.55$0.59$0.04
2017Summary only. Only limited summary data is available for this year.$1.26$0.04$1.22$0.55$0.58$0.03
2016Summary only. Only limited summary data is available for this year.$1.30$0.04$1.27$0.61$0.60$0.01
2015Summary only. Only limited summary data is available for this year.$1.30$0.04$1.25$0.67$0.62$0.05
2014Summary only. Only limited summary data is available for this year.$1.26$0.05$1.21$0.57$0.64$0.08
2013Summary only. Only limited summary data is available for this year.$1.31$0.03$1.29$0.60$0.61$0.01
2012Summary only. Only limited summary data is available for this year.$1.39$0.07$1.32$0.61$0.60$0.01
2011Summary only. Only limited summary data is available for this year.$1.37$0.07$1.31$0.61$0.57$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 10, 2025
Return Version
2023v6.0
Gross Receipts
$589,731
Mission and Program Overview

Mission

PUBLIC RADIO

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$431,310$384,226▼ $47,084
Savings and Temporary Cash Investments$393,589$358,896▼ $34,693
Accounts Receivable$72,029$115,837▲ $43,808
Investments Other Securities$61,308$67,659▲ $6,351
Intangible Assets$17,110$14,606▼ $2,504
Cash and Non-Interest-Bearing Accounts$99,388$10,434▼ $88,954
Prepaid Expenses and Deferred Charges$13,155$9,020▼ $4,135
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$1,087,890$1,057,879▼ $30,011
Other Assets Total$1$97,201▲ $97,200
Liabilities
Accounts Payable and Accrued Expenses$41,891$45,948▲ $4,057
Other Liabilities$34,086$21,334▼ $12,752
Deferred Revenue$30,129$2,981▼ $27,148
Total Liabilities$106,106$70,263▼ $35,843
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$937,416$919,957▼ $17,459
Net Assets With Donor Restrictions$44,368$67,659▲ $23,291
Total Net Assets Fund Balance$981,784$987,616▲ $5,832
Total Liabilities and Net Assets / Fund Balance$1,087,890$1,057,879▼ $30,011

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,181$560,368$569,549
Equipment$41,807$332,741$374,548
Other Land Buildings$123,313$64,248$187,561
Land$163,566-$163,566
Leasehold Improvements$46,359$22,265$68,624
Other Assets Org$1--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Josh KrohnGeneral ManagerFT$62,130$62,130

Board Members and Trustees

NameTitle
Robert PurcellPresident
Cindy BolognaniVice President
Andy HaasDirector
Bill WuestenfeldDirector
Jack CushingDirector
Wayne AderholdSecretary
Mel StrydomTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$506,221
Program Service Revenue
$75,260
Investment Income
$5,308
Other Revenue
$2,942
All Other Contributions
$195,239
Change in Net Assets
$-2,424

Audited Revenue Reconciliation

Revenue per Audited Statements
$589,731
Revenue Not Reported on Form 990
$8,256
Total Revenue per Audited Statements
$597,987
Total Revenue per Form 990
$589,731
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$336,554
Other Expenses$255,601
Total Fundraising Expense$68,769
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$176,459$28,568$40,484$245,511
Current Officers, Directors, Trustees, and Key Employees-$62,130-$62,130
Depreciation Depletion$14,328$35,260-$49,588
Occupancy$37,960$5,906-$43,866
Office Expenses$20,813$6,832$3,130$30,775
Payroll Taxes$14,378$7,843$3,808$26,029
Insurance-$15,520-$15,520
Fees for Services Other-$14,400-$14,400
Advertising$50-$11,550$11,600
Other Expenses$10,391$7,202$1,133$10,391
All Other Expenses--$8,469$8,469
Information Technology$6,529--$6,529
Other Employee Benefits-$2,884-$2,884
Travel$2,308--$2,308
Total Functional Expenses$336,464$186,922$68,769$592,155

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$592,155
Total Expenses per Audited Statements$592,155
Total Expenses per Form 990$592,155
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,050
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Underwriting Deposits$13,168
Refundable Advances$8,166
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The general public can pay annual dues to become a member of the local public radio station.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed and signed by executive director before filing and provided to finance committee and board of directors.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest policy is reviewed annually and reviewed with all new employees and board of directors.”

Form 990, Part VI, Section B, Line 15B

“Compensation matters are addressed by the personnel committee then reviewed and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Upon request, documentation is released in person, by mail or by e-mail.”

Filing and Contact Details

Filer

Filer Name
Kachemak Bay Broadcasting Inc
EIN
92-0060366
Phone
9072357721
Address
3913 KACHEMAK WAY, HOMER, AK 99603

Signing Officer

Name
Josh Krohn
Title
General Manager
Signed
2025-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Krohn
Formed
1977
Legal Domicile
Ak
Voting Board Members
7
Independent Board Members
7
Employees
19
Volunteers
80

Preparer

Firm
Lambe Tuter & Associates Apc
Address
189 S Binkley Ste 201, Soldotna, AK 99669
Preparer
Stephanie J Lambe CPA
Phone
9072629123
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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/Form990PartVIISectionAGrp/TitleTxt0GENERAL MANAGER
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