Overview
What is San Miguel Educational Fund?
The San Miguel Educational Fund, operating under the name KOTO FM, is a nonprofit organization based in Telluride, Colorado. Their primary mission is to entertain, educate, and inform the community through public radio broadcasting. They provide commercial-free programming, including winter alerts, coverage of local events, and news updates from around the world. The organization relies on volunteer broadcasters recruited from the local community. During the COVID-19 pandemic, KOTO FM played a crucial role in disseminating verified information to the public. With a team of six dedicated individuals, the San Miguel Educational Fund continues to serve as the "voice of the community," reflecting the needs, desires, and diversity of its residents.
Official website here: www.koto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
San Miguel Educational Fund has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. With a score of 96%, the organization demonstrates effective management of resources and transparency, which is crucial for donor trust. The rating is based entirely on its accountability and financial practices, showcasing the high standards maintained in these areas.
The organization excels in several key areas, including having a fully independent board, strong oversight of financial statements, and no material diversion of assets. San Miguel Educational Fund's commitment to transparency is also evident through its well-documented policies, such as conflict of interest and whistleblower policies, all of which are clearly listed on its website. Additionally, the organization has a solid program expense ratio of 71.29%, indicating that a significant portion of its funds is allocated directly to its programs.
Despite the positive assessment, it's important to note that the rating focuses solely on financial accountability, which may not address other potential aspects of the organization's overall impact and effectiveness. However, the strong performance in accountability metrics suggests that donors can feel confident in the Fund's financial integrity and stewardship of contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about San Miguel Educational Fund?
96% of the 87 reviews on Facebook recommend the San Miguel Educational Fund. Here is a summary of their reviews:
Supporters express a strong appreciation for the nonprofit's mission and the positive impact it has on education. Many recognize the value of the programs offered and feel that the organization genuinely contributes to the community's educational needs. Comments highlight the organization's commitment to quality and the dedication of its staff.
Overall, the sentiment is overwhelmingly positive, with many individuals endorsing the fund for its meaningful work and its effectiveness in delivering on its promises to the community.
This AI summary has been generated from reviews found on Facebook.
Is San Miguel Educational Fund legitimate?
San Miguel Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Miguel Educational Fund 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: $270,535
For more financial information, click here
Official website here: www.koto.org
What is the mission statement of San Miguel Educational Fund?
The San Miguel Educational Fund's mission is centered around entertaining, educating, and informing its audience, reflecting the needs, desires, and diversity of the community. This organization provides commercial-free public broadcasting, catering to residents of Telluride and neighboring mountain communities. In times of necessity, such as during the COVID-19 pandemic, KOTO-FM, the fund's radio station, has served as a critical communication platform, disseminating verified information to the community. The broadcasts encompass a range of topics, including winter alerts, coverage of public events, local, regional, and world news, utilizing volunteer broadcasters recruited from the local community.
Official website here: www.koto.org
Who is the CEO of San Miguel Educational Fund?
M Kathleen Erie is the Director of San Miguel Educational Fund.
Official website here: www.koto.org
What is the revenue of San Miguel Educational Fund?
San Miguel Educational Fund's revenue in 2022 was $719,452.
Official website here: www.koto.org
Who are the executives of San Miguel Educational Fund and what are their salaries?
The average compensation at San Miguel Educational Fund during 2022 was $45,089. There are 6 employees and 200 volunteers at San Miguel Educational Fund.
Here are 7 key members and their salaries:
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Official website here: www.koto.org
Where can I find the form 990 for San Miguel Educational Fund?
San Miguel Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.koto.org
Learn more at the official website: www.koto.org
Mission Statement of San Miguel Educational Fund
San Miguel Educational Fund, a nonprofit organization, is dedicated to engaging, educating, and informing its community through public radio broadcasting. Reflecting the needs, desires, and diversity of the community is a significant aspect of its mission. The organization provides commercial-free public broadcasting, utilizing volunteer broadcasters recruited from the local community. In times of crisis, such as during the COVID-19 pandemic in 2020 and 2021, San Miguel Educational Fund played a crucial role in communicating critical, verified information to its listeners. KOTO-FM, the voice of the community, covers local, regional, and world news, as well as winter alerts and coverage of public events. This nonprofit organization serves as a vital link between the community and important information, ensuring that residents are well-informed and connected.
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Impact
October, 2024
San Miguel Educational Fund has made a significant impact through its dedication to providing commercial-free public broadcasting, particularly via KOTO-FM, in Telluride and surrounding mountain communities. By utilizing volunteer broadcasters from the local community, the fund delivers vital information, including winter alerts and coverage of public events, effectively serving as a reliable source for local, regional, and world news.
During critical periods, especially throughout 2020 and 2021, KOTO-FM became an essential communication tool, disseminating verified information about COVID-19 to community members. This role was pivotal in ensuring residents had access to accurate data amidst widespread uncertainty. With a mission to entertain, educate, and inform, the fund reflects the community’s diverse needs and desires, solidifying its role as a cornerstone of local culture and communication.
This information is meant to be a general summary of San Miguel Educational Fund. 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: -$6,953
- Gross Receipts: $897,635
Assets and Liabilities:
- Total Assets: $1,763,823
- Total Liabilities: $62,888
- Net Assets: $1,700,935
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Organization Details
Founding Year
1973
Phone
(970) 728-4334Principal Officer
M Kathleen Erie
Main Address
PO BOX 1069, TELLURIDE, CO, 81435
Website
www.koto.orgNTEE Category
Code: A34 - Arts
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