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Network 7 Media Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261720665 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

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Overview

What is Network 7 Media Center Inc?

Network 7 Media Center Inc, based in Chattanooga, Tennessee, serves as a nonprofit organization primarily focused on the production and dissemination of Christian literature and media. With a modest workforce of two individuals, they dedicate their efforts to creating and sharing resources that uphold Christian values and beliefs. Their mission and activities revolve around this sole purpose, contributing to the spiritual and informational needs of their community and beyond.


Official website here: www/n7mc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68%, Two-Star out of Four Star rating. This rating indicates a moderate level of performance for Network 7 Media Center Inc, with a score that reflects strengths primarily in accountability and finance. The organization has achieved full marks for its independent board members and has shown no material diversion of assets, which suggests a commitment to maintaining integrity and transparency.

While the organization excels in governance aspects, it faces significant challenges in its financial health, particularly indicated by a liabilities-to-assets ratio of 606.98%, which raises concerns about its sustainability. Although the program expense ratio of 78.14% is positive, showing that a large portion of expenses goes toward its mission, the lack of a whistleblower policy and document retention policy indicates gaps in its operational protocols.

Overall, Network 7 Media Center Inc demonstrates a strong commitment to responsible management practices but needs to address its financial liabilities to improve its overall rating and sustain its operations effectively. The organization’s emphasis on independent governance is a notable strength, but the identified limitations suggest areas for improvement in policy and financial management.


This AI summary has been generated from information found on Charity Navigator.

Is Network 7 Media Center Inc legitimate?

Network 7 Media Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Network 7 Media Center 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,000

For more financial information, click here


Official website here: www/n7mc.org

What is the mission statement of Network 7 Media Center Inc?

Network 7 Media Center Inc's primary mission is centered around the production and dissemination of Christian literature and media. This organization is dedicated to making these resources widely available, serving as a catalyst for spiritual growth and understanding within the Christian community. Their activities primarily focus on creating and distributing materials that promote Christian beliefs and values, thereby contributing to the spiritual enrichment of individuals.


Official website here: www/n7mc.org

Who is the CEO of Network 7 Media Center Inc?

Christopher Beason is the President of Network 7 Media Center Inc.


Official website here: www/n7mc.org

What is the revenue of Network 7 Media Center Inc?

Network 7 Media Center Inc's revenue in 2022 was $69,661.


Official website here: www/n7mc.org

Who are the executives of Network 7 Media Center Inc and what are their salaries?

The average compensation at Network 7 Media Center Inc during 2022 was $36,500. There are 2 employees at Network 7 Media Center Inc.


Here are 4 key members and their salaries:


Christopher Beason (President)
  • Compensation: $45,000
  • Related: $0
  • Other: $0
Don Van Ornam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Roddy Scarbrough (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Verlyne Starr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www/n7mc.org

Where can I find the form 990 for Network 7 Media Center Inc?

Network 7 Media Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www/n7mc.org

Learn more at the official website: www/n7mc.org

Mission Statement of Network 7 Media Center Inc

Network 7 Media Center Inc is dedicated to the creation and dissemination of Christian literature and media. This nonprofit organization's primary mission is to produce and distribute material that aligns with Christian beliefs and values. Their work aims to spread these messages far and wide, touching the lives of many individuals. By engaging in both the production and distribution of Christian literature and media, Network 7 Media Center Inc plays a significant role in sharing faith-based perspectives and fostering a spiritual community.

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Impact




August, 2024

Network 7 Media Center Inc's impact lies in its production and distribution of Christian literature and media. Based in Chattanooga, TN, this organization plays a crucial role in spreading Christian message and values through various forms of media. By creating and disseminating literature and media content with a focus on religious themes, Network 7 Media Center Inc contributes to the spiritual growth and education of individuals within and beyond its community. Through its mission-oriented activities, this organization serves as a valuable resource for those seeking Christian-based materials for personal enrichment and inspiration.




This information is meant to be a general summary of Network 7 Media Center 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.

Revenue
$69,661 (2022)
Expenses
$116,181 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $15,972
  • Gross Receipts: $69,661

Assets and Liabilities:

  • Total Assets: $12,512
  • Total Liabilities: $75,946
  • Net Assets: -$63,434

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHRISTIAN MEDIA

Revenue

$15,972

Organization Details

Founding Year

2007

Principal Officer

Christopher Beason

Main Address

PO BOX 25468, CHATTANOOGA, TN, 37422

NTEE Category

Code: X80 - Religion related

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