Overview
What is Delaware First Media Corporation?
Delaware First Media Corporation is a nonprofit organization situated in Dover, Delaware. With a mission to significantly contribute to Delaware's journalism community and its citizens, they operate DFM News, a public media news organization. DFM News provides statewide news and commentary, both online and via public radio Delmarva, along with public-service programming and events. The organization's goal is to deliver original, in-depth, Delaware-specific news and commentary from all three counties, making it easily accessible to all Delawareans. With a team of 14 dedicated individuals, Delaware First Media Corporation strives to enrich the state's journalism landscape and serve its citizens effectively.
Official website here: www.delawarefirst.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating
Delaware First Media Corporation has earned an 85% rating from Charity Navigator, indicating a commendable level of accountability and finance management. The rating is solely based on their Accountability & Finance Score, which reflects their strong governance practices, including a fully independent board and transparent financial statements.
The organization has achieved perfect scores in several key areas, such as having 100% independent board members and no material diversion of assets. Their program expense ratio is also healthy at 67.37%, suggesting that a significant portion of their funds is directed toward their programs rather than administrative costs.
However, there are a couple of limitations noted in their evaluation. Delaware First Media Corporation is missing a whistleblower policy and a document retention and destruction policy, which may raise some concerns regarding their internal governance practices. Overall, the organization demonstrates solid financial management and commitment to accountability, though addressing the noted shortcomings could enhance their transparency and trustworthiness further.
This AI summary has been generated from information found on Charity Navigator.
Is Delaware First Media Corporation legitimate?
Delaware First Media Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware First Media 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: $113,730
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,637
For more financial information, click here
Official website here: www.delawarefirst.org
What is the mission statement of Delaware First Media Corporation?
Delaware First Media Corporation aims to significantly contribute to Delaware's journalism community and the citizens of the state. They accomplish this by delivering original, in-depth, and Delaware-specific news and commentary from all three counties. This is done through DFM News, a nonprofit public media organization that provides statewide coverage of news and commentary, both online and via Public Radio Delmarva. DFM News also offers public-service programming and events, designed to benefit all Delawareans.
Official website here: www.delawarefirst.org
Who is the CEO of Delaware First Media Corporation?
Jane C Vincent is the President of Delaware First Media Corporation.
Official website here: www.delawarefirst.org
What is the revenue of Delaware First Media Corporation?
Delaware First Media Corporation's revenue in 2022 was $885,007.
Official website here: www.delawarefirst.org
Who are the executives of Delaware First Media Corporation and what are their salaries?
The average compensation at Delaware First Media Corporation during 2022 was $29,812. There are 14 employees at Delaware First Media Corporation.
Here are 15 key members and their salaries:
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Official website here: www.delawarefirst.org
Where can I find the form 990 for Delaware First Media Corporation?
Delaware First Media Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.delawarefirst.org
Learn more at the official website: www.delawarefirst.org
Mission Statement of Delaware First Media Corporation
Delaware First Media Corporation, a notable entity in the journalism community, is committed to making a significant impact. Their mission is to contribute substantially to Delaware's journalism landscape and serve the citizens of the state. They aim to achieve this by delivering original, in-depth, and Delaware-specific news and commentary. This dedication extends to all three counties, ensuring a comprehensive coverage of local issues and events.
To carry out this mission, Delaware First Media Corporation launched DFM News, a nonprofit public media organization. DFM News provides statewide coverage of news and commentary, not just through online platforms, but also via Public Radio Delmarva. Additionally, they offer public-service programming and events, all designed to benefit Delawareans alike. The programming offered by DFM News is accessible and beneficial to all Delawareans, reflecting their commitment to serving the community.
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Impact
October, 2024
Delaware First Media Corporation significantly enhances the state's journalism landscape and serves the citizens of Delaware by delivering original, in-depth news and commentary that reflect the unique perspectives and issues of all three counties. Through its initiative, DFM News, the organization provides comprehensive statewide coverage via online platforms and Public Radio Delmarva. This commitment to journalism not only informs residents but also fosters community engagement through public-service programming and events. By focusing on Delaware-specific narratives, Delaware First Media ensures that the diverse voices and stories of the state are accessible to all, ultimately strengthening civic awareness and participation within the community.
This information is meant to be a general summary of Delaware First Media 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: -$429
- Gross Receipts: $896,377
Assets and Liabilities:
- Total Assets: $420,310
- Total Liabilities: $94,198
- Net Assets: $326,112
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Organization Details
Founding Year
2010
Phone
(302) 857-7228Principal Officer
Jane C Vincent
Main Address
PO BOX 455, DOVER, DE, 19903
Website
www.delawarefirst.orgNTEE Category
Code: A34 - Arts
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