Overview
What is Kodiak Public Broadcasting Corporation?
Kodiak Public Broadcasting Corporation, located at 620 EGAN WAY, KODIAK, AK 99615, serves the diverse and multicultural community of the Kodiak region with radio services. Their mission is to educate, entertain, enlighten, and empower the public, fostering a deeper understanding of events, ideas, and cultures in a fair and responsible manner. The organization also functions as a communications and emergency link, encouraging public participation in its mission. KMXT, a part of Kodiak Public Broadcasting Corporation, produces stories of local and national interest, catering to a wide audience, including small villages, the urban area of Kodiak, the US Coast Guard Station, the fishing fleet, and shore-based fish processors. With a team of 10 dedicated individuals, the corporation strives to enrich the lives of its listeners through their radio service.
Official website here: www.kmxt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Star rating)
The Kodiak Public Broadcasting Corporation has received a 48% rating from Charity Navigator, which signifies serious concerns regarding its financial performance and accountability practices. While the organization achieved high marks for having a majority independent board and strong auditing processes, critical areas such as policy documentation and financial management raised red flags.
Strengths include a fully independent board and effective oversight, evidenced by the absence of asset diversion and the documentation of board meeting minutes. However, the organization faces significant shortcomings, such as the lack of whistleblower and document retention policies, as well as missing financial transparency elements, like the posting of tax forms on their website.
Financially, the Kodiak Public Broadcasting Corporation's program expense ratio stands at 46.03%, indicating that less than half of its expenses go toward its programs. Additionally, it has a concerning liabilities to assets ratio of 8.43%, which raises questions about its financial stability and sustainability. Overall, while there are some governance strengths, the organization must address its financial and accountability weaknesses to improve its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Kodiak Public Broadcasting Corporation legitimate?
Kodiak Public Broadcasting Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kodiak Public Broadcasting Corporation 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: $78,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $256,571
For more financial information, click here
Official website here: www.kmxt.org
What is the mission statement of Kodiak Public Broadcasting Corporation?
The Kodiak Public Broadcasting Corporation's mission is centered around educating, entertaining, enlightening, and empowering the public. It aims to foster a deeper understanding of various events, ideas, and cultures in a responsible and fair manner. The corporation serves as a communications and emergency link, encouraging public participation in its mission. The organization provides radio services to a diverse and multicultural audience, including small villages, urban areas, the US Coast Guard Station, the fishing fleet, and shore-based fish processors. Stories of both local and national interest are produced by KMXT, the broadcasting arm of the corporation.
Official website here: www.kmxt.org
Who is the CEO of Kodiak Public Broadcasting Corporation?
Mike Wall is the General Mana of Kodiak Public Broadcasting Corporation.
Official website here: www.kmxt.org
What is the revenue of Kodiak Public Broadcasting Corporation?
Kodiak Public Broadcasting Corporation's revenue in 2022 was $853,648.
Official website here: www.kmxt.org
Who are the executives of Kodiak Public Broadcasting Corporation and what are their salaries?
The average compensation at Kodiak Public Broadcasting Corporation during 2022 was $33,487. There are 10 employees and 50 volunteers at Kodiak Public Broadcasting Corporation.
Here are 10 key members and their salaries:
- Compensation: $74,854
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.kmxt.org
Where can I find the form 990 for Kodiak Public Broadcasting Corporation?
Kodiak Public Broadcasting Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kmxt.org
Learn more at the official website: www.kmxt.org
Mission Statement of Kodiak Public Broadcasting Corporation
Kodiak Public Broadcasting Corporation, as a nonprofit organization, is committed to serving its diverse and multicultural audience in the Kodiak region. Its mission is threefold: to educate, entertain, enlighten, and empower the public; to foster a deeper understanding of various events, ideas, and cultures in a fair and responsible manner; and to provide a communication and emergency link. Additionally, Kodiak Public Broadcasting Corporation encourages public participation in this mission. Through its radio service, KMXT, the organization produces stories of both local and national interest, catering to the needs of small villages, urban areas, the US Coast Guard Station, the fishing fleet, and shore-based fish processors.
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Impact
October, 2024
Kodiak Public Broadcasting Corporation plays a pivotal role in the Kodiak region by providing a vital platform for education, entertainment, and community engagement. Through its radio service, KMXT broadcasts a diverse array of programming that caters to a multicultural audience, including residents of small villages, urban areas, the U.S. Coast Guard, and the fishing community.
By producing and sharing stories that resonate with both local and national interests, KMXT fosters a deeper understanding of various events, ideas, and cultures. This commitment to fair and responsible journalism empowers listeners by keeping them informed and connected to important issues affecting their lives.
Additionally, the organization serves as a crucial communications and emergency link, ensuring that community members have access to timely and relevant information during critical situations. Overall, Kodiak Public Broadcasting Corporation enhances the social fabric of the region, encouraging active public participation and creating a sense of unity and shared identity among its diverse audience.
This information is meant to be a general summary of Kodiak Public Broadcasting Corporation. 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: $27,188
- Program Service Revenue: $86,876
- Gross Receipts: $2,518,034
Assets and Liabilities:
- Total Assets: $1,340,216
- Total Liabilities: $106,602
- Net Assets: $1,233,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNDERWRITING
Revenue
$85,726
ENGINEERING SERVICES
Revenue
$1,150
Organization Details
Founding Year
1974
Phone
(907) 486-3181Principal Officer
Mike Wall
Main Address
620 EGAN WAY, KODIAK, AK, 99615
Website
www.kmxt.orgNTEE Category
Code: A30 - Arts
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