Overview
What is Icatholic Media Inc?
Icatholic Media Inc, based in Watertown, Massachusetts, is a nonprofit organization with a team of 60 employees. They are dedicated to connecting people of faith through various communication channels, including television, publications, news media, and other electronic platforms. Their mission is to inspire and teach the wisdom of God in the Catholic tradition, aiming to guide individuals towards the fullness of life. Through powerful technology and relevant programming, Icatholic Media Inc endeavors to spread faith and spiritual growth.
Official website here: www.catholictv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Icatholic Media Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 100% in this area, showcasing its robust financial practices and transparency. This high rating indicates that Icatholic Media Inc is effectively managing its resources and adhering to best practices in governance.
The nonprofit boasts a majority of independent board members, with 88% of its board being independent, which strengthens its oversight capabilities. The organization has demonstrated a commitment to ethical practices by having conflict of interest and whistleblower policies in place, along with a thorough document retention strategy. Furthermore, auditing and oversight measures are well established, contributing to the nonprofit's overall integrity.
While the financial ratios are impressive, with a program expense ratio of 71.28% indicating a healthy allocation of funds towards its mission, there are no noted limitations in the data. Overall, Icatholic Media Inc appears to be a well-managed organization dedicated to its goals, making it a reliable choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Icatholic Media Inc legitimate?
Icatholic Media Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Icatholic Media Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,576,290
For more financial information, click here
Official website here: www.catholictv.org
What is the mission statement of Icatholic Media Inc?
Icatholic Media Inc focuses on connecting people of faith through inspiring and prayerful programming. Utilizing advanced technology, they provide educational and religious content across various communication platforms, including television, publications, news media, and electronic services. Their mission is to impart the wisdom of God in the Catholic tradition, encouraging growth towards the fullness of life for individuals of all ages and backgrounds. They strive to create relevant and inspiring content that resonates with their audience and fosters spiritual development.
Official website here: www.catholictv.org
Who is the CEO of Icatholic Media Inc?
Bishop Robert Reed is the Trustee of Icatholic Media Inc. The CEO's salary of Icatholic Media Inc is $34,594 and their total compensation is $34,594.
Official website here: www.catholictv.org
What is the revenue of Icatholic Media Inc?
Icatholic Media Inc's revenue in 2023 was $14,453,366.
Official website here: www.catholictv.org
Who are the executives of Icatholic Media Inc and what are their salaries?
The average compensation at Icatholic Media Inc during 2023 was $59,605. There are 60 employees at Icatholic Media Inc.
Here are 24 key members and their salaries (Icatholic Media Inc's CEO's salary is $34,594 and their total compensation is $34,594):
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- Compensation: $34,594
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- Compensation: $125,559
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- Other: $26,108
Official website here: www.catholictv.org
Where can I find the form 990 for Icatholic Media Inc?
Icatholic Media Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.catholictv.org
Learn more at the official website: www.catholictv.org
Mission Statement of Icatholic Media Inc
Icatholic Media Inc, a nonprofit organization, is dedicated to connecting people of faith through various educational and religious programming. Utilizing advanced technology, they strive to bring relevant, inspiring, and prayerful content to their audience, rooted in the Catholic tradition.
The mission of Icatholic Media Inc is to teach the wisdom of God and guide individuals towards the fullness of life. Through their television broadcasts, they offer a platform for spiritual growth and enrichment, fostering a deeper understanding of the Catholic faith. By sharing insightful and thought-provoking content, they aim to move people of all ages and backgrounds, inspiring them to live meaningful lives.
Moreover, Icatholic Media Inc goes beyond television to offer educational and religious programming through various other electronic and print communication services. Their commitment to providing a wide range of resources ensures that individuals can access their content in ways that best suit their needs, further enhancing the organization's reach and impact.
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Impact
October, 2024
Icatholic Media Inc significantly impacts its community by providing educational and religious programming through various media platforms, including television and publications. By utilizing advanced technology, the organization connects people of faith, offering relevant and inspiring content designed to enrich spiritual lives. Their programming aims to convey the teachings of the Catholic tradition, fostering a sense of belonging and community among viewers of all ages and backgrounds. This initiative not only enhances spiritual understanding but also encourages meaningful engagement with faith, guiding individuals toward a fuller, more profound experience of life.
This information is meant to be a general summary of Icatholic Media Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $882,789
- Program Service Revenue: $8,466,137
- Gross Receipts: $14,453,366
Assets and Liabilities:
- Total Assets: $67,380,814
- Total Liabilities: $2,504,363
- Net Assets: $64,876,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL PROGRAMMING AND BROAD
Revenue
$5,448,969
PRINTING AND ADVERTISING REVENUE
Revenue
$2,117,537
SUBSCRIPTION AND ADVERTISING REVE
Revenue
$899,330
OTHER
Revenue
$301
Organization Details
Founding Year
1962
Phone
(617) 923-0220Principal Officer
Bishop Robert Reed
Main Address
34 CHESTNUT STREET P O BOX 9196, WATERTOWN, MA, 02471
Website
www.catholictv.orgNTEE Category
Code: X800 - Religion related
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