Overview
What is Permian Basin Public Telecommunications Inc?
Permian Basin Public Telecommunications Inc, based in the Permian Basin region, is a nonprofit organization dedicated to leveraging telecommunication and broadcast media to foster education, culture, and community development. Their mission is to utilize these mediums to enhance the quality of life in their local area, empowering West Texas's most valuable asset. They strive to serve as a catalyst for growth and progress within their community.
Official website here: www.basinpbs.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Permian Basin Public Telecommunications Inc demonstrates a strong commitment to accountability and financial health, as reflected in its Four-Star rating. The organization excels in maintaining an independent board, with all members being independent, and has robust financial oversight mechanisms in place. Their fiscal practices, including a low liabilities-to-assets ratio and a high percentage of program expenses, suggest effective use of resources to further their mission.
Despite these strengths, the organization does have some limitations, notably the absence of a whistleblower policy and document retention and destruction policy, which could be areas for improvement. Furthermore, while they provide essential financial documentation and governance policies, the lack of certain policies may raise questions about their internal controls. Overall, the charity's solid performance in key financial areas suggests it is a trustworthy organization, but addressing the noted gaps could enhance its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Permian Basin Public Telecommunications Inc legitimate?
Permian Basin Public Telecommunications Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Permian Basin Public Telecommunications 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: $128,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $479,005
For more financial information, click here
Official website here: www.basinpbs.org
What is the mission statement of Permian Basin Public Telecommunications Inc?
Permian Basin Public Telecommunications Inc's mission is centered around utilizing telecommunication and broadcast media to enhance education, culture, and community within their operational area. They aim to leverage these mediums to foster growth and development, positioning themselves as a catalyst for empowerment in their community. The organization's mission is to harness the potential of communication tools to promote learning, cultural appreciation, and community cohesion. They are committed to serving as a vital resource for West Texas, recognizing its residents as their most valuable asset.
Official website here: www.basinpbs.org
What is the revenue of Permian Basin Public Telecommunications Inc?
Permian Basin Public Telecommunications Inc's revenue in 2023 was $1,695,077.
Official website here: www.basinpbs.org
Who are the executives of Permian Basin Public Telecommunications Inc and what are their salaries?
The average compensation at Permian Basin Public Telecommunications Inc during 2023 was $46,739. There are 13 employees and 55 volunteers at Permian Basin Public Telecommunications Inc.
Here are 15 key members and their salaries:
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Official website here: www.basinpbs.org
Where can I find the form 990 for Permian Basin Public Telecommunications Inc?
Permian Basin Public Telecommunications Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.basinpbs.org
Learn more at the official website: www.basinpbs.org
Mission Statement of Permian Basin Public Telecommunications Inc
Permian Basin Public Telecommunications Inc, commonly known as Basin PBS, is dedicated to utilizing telecommunication and broadcast media to foster education, culture, and community development within its home region. The organization's mission is to leverage these communication tools to empower the valuable resources of West Texas. By advancing these aspects, Basin PBS aims to contribute positively to the community, ensuring a more enriched and connected living environment for its inhabitants.
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Impact
October, 2024
Permian Basin Public Telecommunications Inc plays a crucial role in enhancing education, culture, and community engagement in the Permian Basin region. By leveraging telecommunication and broadcast media, it empowers individuals and groups to access valuable resources, information, and artistic content that enrich their lives. This organization fosters a sense of community by promoting local talent and cultural initiatives, ensuring that diverse voices from West Texas are heard and celebrated. Its impact is felt across various demographics, providing educational programming and cultural enrichment that strengthens the social fabric of Midland and the surrounding areas. In doing so, it contributes significantly to the development of a well-informed and culturally aware community.
This information is meant to be a general summary of Permian Basin Public Telecommunications 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: $24,362
- Program Service Revenue: $103,900
- Gross Receipts: $1,802,283
Assets and Liabilities:
- Total Assets: $6,948,171
- Total Liabilities: $95,935
- Net Assets: $6,852,236
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTION REVENUE
Revenue
$57,900
SPONSORSHIPS
Revenue
$46,000
Organization Details
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