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Catholic Radio Network Inc

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

EIN: 320081587 ✦ Weatherby lake, MO ✦ Designated as a 501(c)(3)

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Overview

What is Catholic Radio Network Inc?

Catholic Radio Network Inc is a nonprofit organization situated in Weatherby Lake, Missouri. With a modest workforce of four individuals, their primary purpose is to operate radio stations that uphold Catholic values in the Kansas City area. Through their broadcasting, they aim to educate individuals about Catholic beliefs, extending their reach beyond just the airwaves. In addition to radio programming, Catholic Radio Network Inc also organizes conferences and other events to further disseminate Catholic values.


Official website here: www.kexs.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that Catholic Radio Network Inc has met basic accountability and transparency standards, but there are areas for improvement. The organization scored well in areas such as having a majority independent board and maintaining a low liabilities to assets ratio, which reflects strong financial stability.

Strengths of Catholic Radio Network Inc include a high program expense ratio of 76.73%, demonstrating that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the organization has a fully independent board and has implemented solid practices like documenting board meeting minutes and having a proper document retention policy.

However, there are notable limitations, particularly the absence of a conflict of interest and whistleblower policy, which are critical for ensuring ethical governance. These shortcomings contribute to the overall Two-Star rating, signaling the need for the organization to enhance its governance practices to improve accountability and transparency.


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

Is Catholic Radio Network Inc legitimate?

Catholic Radio Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Radio Network 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: $98,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,703

For more financial information, click here


Official website here: www.kexs.com

What is the mission statement of Catholic Radio Network Inc?

Catholic Radio Network Inc's mission is centered around educating individuals on Catholic values. This is achieved primarily through radio broadcasting, as well as conferences and various other platforms. The organization's aim is to spread and promote Catholic beliefs and teachings, providing a platform for individuals to learn and engage with these values. While the information does not specify other activities, it is implied that Catholic Radio Network Inc also utilizes conferences and other venues to further this mission.


Official website here: www.kexs.com

Who is the CEO of Catholic Radio Network Inc?

James E O'Laughlin is the President of Catholic Radio Network Inc.


Official website here: www.kexs.com

What is the revenue of Catholic Radio Network Inc?

Catholic Radio Network Inc's revenue in 2022 was $1,241,793.


Official website here: www.kexs.com

Who are the executives of Catholic Radio Network Inc and what are their salaries?

The average compensation at Catholic Radio Network Inc during 2022 was $64,894. There are 4 employees at Catholic Radio Network Inc.


Here are 3 key members and their salaries:


James E O'Laughlin (President)
  • Compensation: $98,875
  • Related: $0
  • Other: $0
Carolyn J O'Laughlin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kexs.com

Where can I find the form 990 for Catholic Radio Network Inc?

Catholic Radio Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kexs.com

Learn more at the official website: www.kexs.com

Mission Statement of Catholic Radio Network Inc

Catholic Radio Network Inc, as a nonprofit organization, is dedicated to educating individuals in Catholic values. They accomplish this mission through various means, including radio broadcasting, conferences, and other venues. This mission is aimed at spreading the teachings and beliefs of Catholicism, thereby contributing to the spiritual growth and understanding of individuals who tune in or participate in their events. By operating radio stations that promote Catholic values, Catholic Radio Network Inc plays a significant role in shaping the spiritual landscape of its listeners. This mission is not limited to radio broadcasts alone; the organization also hosts conferences and utilizes other platforms to further disseminate Catholic teachings.

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Impact




October, 2024

Catholic Radio Network Inc plays a significant role in promoting and educating individuals about Catholic values in the Kansas City area. Through its radio broadcasting, conferences, and various venues, it effectively disseminates teachings and discussions centered on Catholic beliefs, fostering a deeper understanding of faith within the community.

The network's radio stations serve as a platform for spiritual enrichment, offering programming that addresses contemporary issues through a Catholic lens. This approach not only educates listeners but also encourages them to engage with their faith actively, promoting a sense of community among individuals who share similar values. By making Catholic teachings accessible through modern media, Catholic Radio Network Inc helps to strengthen the spiritual foundation of the local community, contributing to a greater awareness and appreciation for Catholic principles in everyday life.




This information is meant to be a general summary of Catholic Radio Network 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
$1,241,793 (2022)
Expenses
$1,219,392 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $74,542
  • Gross Receipts: $1,321,958

Assets and Liabilities:

  • Total Assets: $3,415,414
  • Total Liabilities: $210,097
  • Net Assets: $3,205,317

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Organization Details

Founding Year

2004

Principal Officer

James E O'Laughlin

Main Address

7725 NW WESTSIDE, WEATHERBY LAKE, MO, 64152

NTEE Category

Code: X20 - Religion related

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