Overview
What is Sacred Heart Radio Inc?
Sacred Heart Radio Inc, situated in Cincinnati, Ohio, serves as a nonprofit organization that broadcasts Christian music and talk shows to an audience of approximately 100,000 individuals. Their primary mission, rooted in the Roman Catholic tradition, is to proclaim the Gospel of Jesus Christ. The organization, with a workforce of eight dedicated individuals, strives to spread religious messages and foster spiritual growth within their listener base.
Official website here: www.sacredheartradio.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Sacred Heart Radio Inc has received a "Needs Improvement" rating from Charity Navigator, with an overall score of 69%. This indicates that while the organization demonstrates some strengths, particularly in its financial management and accountability practices, there are notable areas requiring attention, particularly regarding transparency and governance policies. The organization boasts 100% independent board members and a strong program expense ratio of nearly 100%, suggesting that the majority of its funding is directed toward its mission-related activities.
However, the nonprofit has several limitations that impact its rating. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and document retention guidelines. Additionally, financial statements are not provided, which hinders transparency. While it does maintain proper documentation of board meeting minutes, the absence of publicly accessible tax forms can raise concerns about its overall accountability to the public and its stakeholders.
The organization's liabilities to assets ratio is exceptionally low at 0.00%, indicating sound financial health in that aspect. Despite this, the shortcomings in governance policies and financial transparency underscore the need for Sacred Heart Radio Inc to enhance its operational practices to improve its standing and trust among donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sacred Heart Radio Inc legitimate?
Sacred Heart Radio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart Radio 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $413,892
For more financial information, click here
Official website here: www.sacredheartradio.com
What is the mission statement of Sacred Heart Radio Inc?
Sacred Heart Radio Inc, as an organization, is dedicated to spreading the message of Jesus Christ within the context of Roman Catholic tradition. Their primary goal is to broadcast Christian music and engaging talks to an audience of approximately 100,000 individuals. By doing so, they aim to share the teachings and values of Christianity, fostering spiritual growth and connection among their listeners.
Official website here: www.sacredheartradio.com
Who is the CEO of Sacred Heart Radio Inc?
Father Stef Bankemper is the President of Sacred Heart Radio Inc.
Official website here: www.sacredheartradio.com
What is the revenue of Sacred Heart Radio Inc?
Sacred Heart Radio Inc's revenue in 2022 was $1,297,059.
Official website here: www.sacredheartradio.com
Who are the executives of Sacred Heart Radio Inc and what are their salaries?
The average compensation at Sacred Heart Radio Inc during 2022 was $51,736. There are 8 employees at Sacred Heart Radio Inc.
Here are 7 key members and their salaries:
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Official website here: www.sacredheartradio.com
Where can I find the form 990 for Sacred Heart Radio Inc?
Sacred Heart Radio Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sacredheartradio.com
Learn more at the official website: www.sacredheartradio.com
Mission Statement of Sacred Heart Radio Inc
Sacred Heart Radio Inc, a nonprofit organization, is dedicated to spreading the message of Jesus Christ in the Roman Catholic tradition. This mission is carried out through their broadcasting activities, which include playing Christian music and delivering talk shows to an audience of approximately 100,000 individuals. By doing so, Sacred Heart Radio Inc seeks to proclaim the gospel of Jesus Christ in a manner that resonates with its listeners, fostering a spiritual connection and fostering a sense of community among its audience.
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Impact
October, 2024
Sacred Heart Radio Inc significantly contributes to the spiritual landscape of Cincinnati, Ohio, by broadcasting Christian music and talk programming that resonates with a diverse audience of approximately 100,000 listeners. Its mission to proclaim the Gospel of Jesus Christ in the Roman Catholic tradition fosters a sense of community and faith among its audience. Through engaging content and uplifting music, it serves as a platform for spiritual growth and connection, encouraging listeners to deepen their faith and share their beliefs. This radio station not only informs and educates its audience about religious teachings but also inspires a shared sense of purpose, fostering a vibrant Catholic community in the region.
This information is meant to be a general summary of Sacred Heart Radio 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $197,556
- Program Service Revenue: $411,049
- Gross Receipts: $1,297,059
Assets and Liabilities:
- Total Assets: $3,780,550
- Total Liabilities: $941
- Net Assets: $3,779,609
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNDERWRITING
Revenue
$361,207
BROADCASTING
Revenue
$31,200
COMMISSIONS
Revenue
$17,507
MERCHANDISE SALES
Revenue
$1,135
Organization Details
Founding Year
2000
Phone
(513) 731-7740Principal Officer
Father Stef Bankemper
Main Address
100 E 8TH ST, CINCINNATI, OH, 45202
Website
www.sacredheartradio.comNTEE Category
Code: X84 - Religion related
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