Overview
What is Radio Maria Inc?
Radio Maria Inc, based in New York, NY, is a nonprofit organization dedicated to broadcasting Catholic Christian radio programs. Their primary mission involves educating listeners about their faith through these broadcasts, and they cover the necessary expenses associated with these educational programs. The organization serves as a valuable resource for individuals seeking spiritual enlightenment and religious education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating reflects the organization's accountability and financial practices, highlighting a solid performance in these areas. The score is derived entirely from a single beacon score in Accountability & Finance, indicating that the nonprofit is focused on maintaining transparency and effective governance.
Radio Maria Inc demonstrates strong governance with a fully independent board, scoring the maximum points for board member independence and size. Their financial oversight is robust, as evidenced by their established Audit and Oversight Committee, and they effectively document their board meeting minutes. Additionally, the organization shows no signs of material diversion of assets, which reinforces its commitment to ethical financial practices.
However, the organization's liabilities to assets ratio of 57.42% suggests that it has a moderate level of debt compared to its assets. While the program expense ratio is commendable at 78.51%, indicating a significant portion of funds is directed towards programs, there may be concerns regarding the overall financial health given the liabilities. Overall, Radio Maria Inc shows a commitment to accountability and financial integrity, though potential donors might consider the implications of its debt levels.
This AI summary has been generated from information found on Charity Navigator.
Is Radio Maria Inc legitimate?
Radio Maria Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Radio Maria 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: $186,745
For more financial information, click here
What is the mission statement of Radio Maria Inc?
Radio Maria Inc's mission is centered around broadcasting Catholic Christian radio programs. These programs aim to educate listeners about their faith. The organization financially supports these educational broadcasts, ensuring they remain accessible to their audience. Radio Maria's mission is to spread knowledge and understanding of the faith through its radio programs.
Who is the CEO of Radio Maria Inc?
Carlo Di Maggio is the Director of Radio Maria Inc.
What is the revenue of Radio Maria Inc?
Radio Maria Inc's revenue in 2022 was $1,127,777.
Who are the executives of Radio Maria Inc and what are their salaries?
The average compensation at Radio Maria Inc during 2022 was $26,678. There are 7 employees and 10 volunteers at Radio Maria Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Radio Maria Inc?
Radio Maria Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Radio Maria Inc
Radio Maria Inc, a nonprofit organization, is dedicated to the broadcasting of Catholic Christian radio programs. Their mission is centered around educating listeners about their faith. This educational endeavor is financially supported by the organization itself. By airing these programs, Radio Maria Inc aims to spread knowledge and understanding of their faith, thereby serving as a platform for spiritual growth and enrichment for its listeners.
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Impact
October, 2024
Radio Maria Inc significantly impacts its community by broadcasting Catholic Christian radio programs that educate listeners on their faith. Located in New York, NY, it provides a platform for spiritual growth and enrichment through meticulously curated content. By covering the expenses for these educational programs, Radio Maria ensures accessibility to religious teachings, fostering a deeper understanding of Catholic traditions and values. Their broadcasts not only serve as a source of information but also promote a sense of community among listeners who share similar beliefs, reinforcing their spiritual journeys and encouraging active participation in their faith.
This information is meant to be a general summary of Radio Maria 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.
- Investment Income: $61
- Gross Receipts: $1,127,777
Assets and Liabilities:
- Total Assets: $1,798,375
- Total Liabilities: $1,032,759
- Net Assets: $765,616
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Organization Details
Founding Year
1999
Phone
(212) 233-8040Principal Officer
Carlo Di Maggio
Main Address
326 W 14 STREET, NEW YORK, NY, 10014
NTEE Category
Code: X84 - Religion related
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