Overview
What is Soaring Eagle Promotions Inc Rise Fm?
Soaring Eagle Promotions Inc Rise Fm is a nonprofit organization, specifically based in Bellefontaine, Ohio. With a small team of eight dedicated individuals, the organization is committed to broadcasting Christian music and family-oriented programs. Their primary mission is to provide a platform that caters to spiritual and family values, contributing positively to the community through their radio broadcasts. The organization's headquarters can be found at 325 N Hayes St, Bellefontaine, OH 43311.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%
Soaring Eagle Promotions Inc Rise FM has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly in several key areas, including having no independent board members and a lack of financial statements, which raises questions about governance and transparency. This low score reflects an urgent need for improvements in these areas to enhance trust and credibility.
Despite some positive aspects, such as a material diversion of assets score of 10 out of 10 and maintaining board meeting minutes, the organization struggles with essential policies. The absence of a whistleblower policy and inadequate documentation retention practices point to potential vulnerabilities in internal controls. The organization does have a conflict of interest policy, which is a positive sign, yet it is overshadowed by the overall lack of transparency.
Financially, the organization has a program expense ratio of 63.23%, suggesting that a substantial portion of its expenses is directed toward its programs. However, the inadequate reporting and oversight highlighted in Charity Navigator's evaluation suggest that stakeholders should approach their support with caution until the organization addresses these governance and financial transparency issues.
This AI summary has been generated from information found on Charity Navigator.
Is Soaring Eagle Promotions Inc Rise Fm legitimate?
Soaring Eagle Promotions Inc Rise Fm is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soaring Eagle Promotions Inc Rise Fm 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: $177,710
For more financial information, click here
What is the mission statement of Soaring Eagle Promotions Inc Rise Fm?
Soaring Eagle Promotions Inc's radio station, Rise FM, is committed to broadcasting a selection of Christian music and family-oriented programs. Their mission is centered around providing a platform for spiritual and family-focused content, aiming to cater to a wide audience with these themes. By airing these programs, Rise FM seeks to contribute positively to the listening experience of its audience, fostering a sense of community and shared values.
Who is the CEO of Soaring Eagle Promotions Inc Rise Fm?
Mark Boyer is the President of Soaring Eagle Promotions Inc Rise Fm.
What is the revenue of Soaring Eagle Promotions Inc Rise Fm?
Soaring Eagle Promotions Inc Rise Fm's revenue in 2022 was $755,984.
Who are the executives of Soaring Eagle Promotions Inc Rise Fm and what are their salaries?
The average compensation at Soaring Eagle Promotions Inc Rise Fm during 2022 was $22,214. There are 8 employees and 15 volunteers at Soaring Eagle Promotions Inc Rise Fm.
There is 1 key member and their salary:
- Compensation: $45,406
- Related: $0
- Other: $0
Where can I find the form 990 for Soaring Eagle Promotions Inc Rise Fm?
Soaring Eagle Promotions Inc Rise Fm's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Soaring Eagle Promotions Inc Rise Fm
Soaring Eagle Promotions Inc Rise Fm is committed to broadcasting a variety of Christian music and family-oriented programs. This nonprofit organization serves as a platform for uplifting and inspiring content, catering to audiences seeking spiritual and family-focused entertainment. By airing Christian music, Soaring Eagle Promotions Inc Rise Fm fosters a sense of community and shared values among its listeners, providing them with a positive and uplifting soundtrack for their lives. Additionally, the nonprofit's family-oriented programming offers a space for families to connect and engage in wholesome, enjoyable activities together, strengthening their bonds and promoting a positive family atmosphere.
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Impact
October, 2024
Soaring Eagle Promotions Inc Rise FM, based in Bellefontaine, Ohio, significantly impacts the local community by broadcasting Christian music and family-oriented programs. Its commitment to uplifting and positive content fosters a sense of community and provides a platform for faith-based expression. By offering music that resonates with listeners' values and family-friendly programming, the station helps to inspire, encourage, and strengthen family ties, while also nurturing a supportive environment for spiritual growth. This initiative plays a crucial role in enhancing the cultural and religious fabric of the region, making it a valuable resource for those seeking connection and guidance through faith-oriented media.
This information is meant to be a general summary of Soaring Eagle Promotions Inc Rise Fm. 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: $6,918
- Program Service Revenue: $41,453
- Gross Receipts: $755,984
Assets and Liabilities:
- Total Assets: $658,386
- Total Liabilities: $369,816
- Net Assets: $288,570
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERTS
Revenue
$41,243
PODCASTS
Revenue
$210
Organization Details
Principal Officer
Mark Boyer
Main Address
325 N HAYES ST, BELLEFONTAINE, OH, 43311
NTEE Category
Code: X21 - Religion related
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