Overview
What is Genesis Radio Network Inc?
Genesis Radio Network Inc, located in Miramar, Florida, is a unique nonprofit organization that operates on the FM radio wave at 883 FM. Known for its musical offerings, this radio station provides a refreshing alternative to traditional radio stations. With a commitment to education, Genesis Radio Network dedicates 75% of its programming to music, ensuring listeners can enjoy a diverse and enriching audio experience. The remaining 25% of the airtime is allocated to sponsors, providing an opportunity for businesses to engage with the audience. The nonprofit employs a team of 17 individuals, demonstrating its commitment to delivering high-quality programming 24 hours a day, 7 days a week.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (52%)
Genesis Radio Network Inc has received a low rating of 52% from Charity Navigator, indicating significant areas of concern regarding accountability and financial management. The lack of independent board members and missing essential governance policies such as conflict of interest and whistleblower protection reflect weaknesses in organizational oversight. Additionally, the absence of a publicly accessible website and financial documentation further contributes to a lack of transparency.
On a positive note, the organization demonstrates a strong program expense ratio of 89.43%, which suggests a commitment to direct service delivery. This high ratio indicates that the majority of funds are directed towards their programs, signaling potential effectiveness in fulfilling their mission. Furthermore, the organization has not faced any material diversion of assets, which is a positive sign in terms of financial integrity.
However, the overall performance highlights a need for improvement in governance and financial transparency. The absence of critical policies and independent oversight could pose risks to the nonprofit's operations and public trust. Addressing these issues will be crucial for Genesis Radio Network Inc to enhance its accountability and potentially improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Genesis Radio Network Inc legitimate?
Genesis Radio Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Radio Network 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: $551,743
For more financial information, click here
What is the mission statement of Genesis Radio Network Inc?
Genesis Radio Network Inc operates as a musical alternative on the FM radio, offering a blend of educational and delightful programs. Their primary mission is to broadcast 24 hours a day, 7 days a week, dedicating 75% of their airtime to music and the remaining to sponsors. The network aims to provide listeners with an enjoyable experience, fostering an environment that promotes learning and enjoyment through its programming.
Who is the CEO of Genesis Radio Network Inc?
Unavailable
What is the revenue of Genesis Radio Network Inc?
Genesis Radio Network Inc's revenue in 2022 was $1,444,348.
Who are the executives of Genesis Radio Network Inc and what are their salaries?
The average compensation at Genesis Radio Network Inc during 2022 was $32,455. There are 17 employees at Genesis Radio Network Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Genesis Radio Network Inc?
Genesis Radio Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Genesis Radio Network Inc
Genesis Radio Network, in its mission, serves as a unique musical alternative on the FM radio waves. Operating 24 hours a day, 7 days a week, this nonprofit broadcasts a diverse range of educational and delightful programming on 883 FM in Miami, Florida. Approximately 75% of its airtime is dedicated to music, providing listeners with a captivating and enriching audio experience. The remaining 25% of the programming is allocated to sponsors, ensuring the nonprofit's financial sustainability while maintaining its commitment to providing high-quality content. Genesis Radio Network's mission is to offer a distinctive radio experience that not only entertains but also educates its audience, fostering a sense of community and promoting a healthy lifestyle.
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Impact
October, 2024
Genesis Radio Network Inc significantly enriches the cultural landscape of Miami, Florida, through its Radio Waves 883 FM station. By providing a platform for educational alternative music, it offers a unique auditory experience that resonates with diverse audiences. Broadcasting 24 hours a day, seven days a week, the station dedicates 75% of its programming to music, creating a vibrant and eclectic soundscape.
This commitment to alternative music not only offers listeners a refreshing break from mainstream radio but also fosters a greater appreciation for various musical genres and their educational content. Additionally, the remaining programming supports sponsors, creating a symbiotic relationship that enhances community engagement.
Through its focus on promoting a healthy lifestyle intertwined with educational content, Genesis Radio Network serves as a vital resource for residents seeking both entertainment and enlightenment. Its presence encourages community connection and enriches the cultural fabric of Miramar and the wider Miami area.
This information is meant to be a general summary of Genesis Radio Network 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 2022.
- Gross Receipts: $1,444,348
Assets and Liabilities:
- Total Assets: $1,968,979
- Total Liabilities: $571,601
- Net Assets: $1,397,378
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Organization Details
Founding Year
1995
Main Address
3401 SW 160 Ave Ste 403, Miramar, FL, 33027
NTEE Category
Code: X84 - Religion related
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