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Side By Side Inc

Dba Yes Ministries

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

EIN: 341328260 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

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Overview

What is Side By Side Inc?

Side by Side Inc, doing business as Yes Ministries, is a nonprofit organization based in Toledo, Ohio. Located at 5105 Glendale Ave STE STE C, this organization operates a Christian radio station. Its primary mission is to provide contemporary Christian music to listeners in Northwest Ohio and beyond, through the internet. By operating this radio station, Side by Side Inc aims to promote Christianity and influence youth. The nonprofit employs a team of 23 individuals, dedicated to spreading their message and serving their community.


Official website here: www.yeshome.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Stars

Side By Side Inc has received a low rating of 53%, indicating significant concerns regarding its transparency and accountability. While the organization demonstrates strong governance with 100% independent board members and a reasonable program expense ratio of 69.11%, it lacks several critical policies such as a conflict of interest policy and a whistleblower policy, which are essential for maintaining ethical standards.

The charity's financial management raises red flags, particularly with a high liabilities to assets ratio of 76.70%, suggesting potential financial instability. Furthermore, the absence of financial statements and inadequate documentation of essential policies negatively impacts its overall accountability score. While the organization does well in some governance aspects, the missing documentation and policies limit its effectiveness and trustworthiness.

Overall, while Side By Side Inc shows strengths in independent governance and program spending, its shortcomings in financial transparency and policy implementation could hinder its ability to attract support and maintain donor confidence. Addressing these issues could improve its rating and operational effectiveness in the future.


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

Is Side By Side Inc legitimate?

Side By Side Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Side By Side 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: $61,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $153,609

For more financial information, click here


Official website here: www.yeshome.com

What is the mission statement of Side By Side Inc?

Side By Side Inc operates a Christian radio station, catering to listeners in Northwest Ohio and the internet. The primary purpose of this radio station is to broadcast contemporary Christian music. Beyond entertainment, the radio station serves as a platform to promote Christianity and influence young individuals. The organization uses this medium as a means to spread spiritual messages and engage with its audience.


Official website here: www.yeshome.com

Who is the CEO of Side By Side Inc?

Jamey Schmitz is the Station Managercoo of Side By Side Inc. The CEO's salary of Side By Side Inc is $9,416 and their total compensation is $9,416.


Official website here: www.yeshome.com

What is the revenue of Side By Side Inc?

Side By Side Inc's revenue in 2022 was $533,842.


Official website here: www.yeshome.com

Who are the executives of Side By Side Inc and what are their salaries?

The average compensation at Side By Side Inc during 2022 was $9,349. There are 23 employees and 10 volunteers at Side By Side Inc.


Here are 4 key members and their salaries (Side By Side Inc's CEO's salary is $9,416 and their total compensation is $9,416):


Jeff Howe (Station Managercoo)
  • Compensation: $52,007
  • Related: $0
  • Other: $0
Jamey Schmitz (President & Ceo)
  • Compensation: $9,416
  • Related: $0
  • Other: $0
Martha Wealleans (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Schmitz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yeshome.com

Where can I find the form 990 for Side By Side Inc?

Side By Side Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yeshome.com

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

Mission Statement of Side By Side Inc

Side By Side Inc, a nonprofit organization, operates a Christian radio station that serves as a unique alternative for contemporary Christian music enthusiasts. Located in Northwest Ohio and accessible via the internet, this radio station provides a platform for spreading the message of Christianity and influencing the youth. The organization's mission is to broadcast uplifting and spiritually enriching music, using this medium to promote Christian values and beliefs. By offering a diverse range of contemporary Christian tunes, Side By Side Inc aims to inspire and engage listeners, fostering a sense of community and spiritual growth among its audience.

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Impact




July, 2024

Side By Side Inc's impact lies in providing a contemporary Christian music alternative to radio listeners in Northwest Ohio and on the internet. Through their Christian radio station, they serve as a platform to promote Christianity and influence youth positively. Their mission involves spreading Christian values and messages through music, reaching a wider audience and potentially making a difference in the lives of their listeners.




This information is meant to be a general summary of Side By Side 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
$533,842 (2022)
Expenses
$542,048 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $100
  • Program Service Revenue: $63,472
  • Gross Receipts: $545,138

Assets and Liabilities:

  • Total Assets: $78,051
  • Total Liabilities: $59,868
  • Net Assets: $18,183

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Programs

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

UNDERWRITING

Revenue

$62,676

STUDIO PROGRAMMING

Revenue

$796

Organization Details

Founding Year

1981

Principal Officer

Jamey Schmitz

Main Address

5105 GLENDALE AVE STE STE C, TOLEDO, OH, 43614

NTEE Category

Code: X840 - Religion related

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