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Mary Tv Inc

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

EIN: 351935308 ✦ Notre dame, IN ✦ Designated as a 501(c)(3)

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Overview

What is Mary Tv Inc?

Mary Tv Inc is a nonprofit organization situated in Notre Dame, Indiana. Their primary mission is to establish an internet-based TV station, broadcasting live and recorded content from Medjugorje, a location renowned for the appearances of Our Lady. The organization aims to share this spiritual experience globally, reaching out to individuals who are interested in these events. Currently, Mary Tv Inc employs a small team of three dedicated individuals.


Official website here: www.marytv.tv

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two Stars, 73%)

Mary Tv Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while it meets some basic standards, there are significant areas needing improvement. The organization demonstrates a strong commitment to program expenses, with an impressive 90.73% of its budget allocated to its programs. Moreover, its board structure is commendable, featuring a high percentage of independent members, which can enhance governance and decision-making processes.

However, the organization has notable weaknesses, particularly in its accountability and transparency practices. A lack of financial statements and missing policies related to conflict of interest and document retention have contributed to a low overall score in the Accountability & Finance category. These shortcomings could hinder donor confidence and necessitate immediate action to improve governance and transparency.

In summary, while Mary Tv Inc showcases strong programmatic focus, it faces challenges in accountability and financial transparency that could affect its operational integrity. Addressing these issues is crucial for the organization to improve its rating and build trust with stakeholders.


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

Is Mary Tv Inc legitimate?

Mary Tv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Tv 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: $28,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,013

For more financial information, click here


Official website here: www.marytv.tv

What is the mission statement of Mary Tv Inc?

Mary Tv Inc's mission is centered around establishing an internet-based television station. This station aims to broadcast live and recorded content originating from Medjugorje, a location known for the appearance of Our Lady. The primary objective of Mary Tv Inc is to share these spiritual experiences with a global audience, fostering a sense of connection and spiritual enlightenment. By streaming these events, the organization aims to make these spiritual experiences more accessible to a wider audience, regardless of their physical location.


Official website here: www.marytv.tv

Who is the CEO of Mary Tv Inc?

Dennis Nolan is the Secretary/Treasurer of Mary Tv Inc.


Official website here: www.marytv.tv

What is the revenue of Mary Tv Inc?

Mary Tv Inc's revenue in 2022 was $1,401,270.


Official website here: www.marytv.tv

Who are the executives of Mary Tv Inc and what are their salaries?

The average compensation at Mary Tv Inc during 2022 was $48,713. There are 3 employees at Mary Tv Inc.


Here are 5 key members and their salaries:


Catherine Nolan (Secretary/Treasurer)
  • Compensation: $28,125
  • Related: $0
  • Other: $0
Mary Mac Donnell (Director/Volunteer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Wildner (Vice President/Volunteer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Nolan (President/Exexutive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Blum (Director/Volunteer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marytv.tv

Where can I find the form 990 for Mary Tv Inc?

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


Official website here: www.marytv.tv

Learn more at the official website: www.marytv.tv

Mission Statement of Mary Tv Inc

Mary Tv Inc, a nonprofit organization, is committed to establishing an internet-based TV station. This station will primarily broadcast live and recorded content straight from Medjugorje, a location renowned for the apparitions of Our Lady. The mission of Mary Tv Inc is to make this spiritual experience accessible to a global audience, allowing individuals worldwide to connect with the events taking place in Medjugorje. By creating this internet TV station, Mary Tv Inc aims to bridge the gap between faith and technology, making spiritual experiences more accessible and inclusive.

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Impact




October, 2024

Mary TV Inc has made a significant impact by creating an internet-based television station that streams live and recorded content from Medjugorje, a site of reported Marian apparitions. Through its platform, Mary TV connects viewers worldwide to the spiritual and cultural richness of Medjugorje, fostering a sense of community among those who share a devotion to the Virgin Mary and the messages associated with her appearances.

By providing accessible content that includes prayers, testimonials, and teachings, Mary TV serves as an important resource for spiritual growth and education. It allows individuals unable to travel to Medjugorje to experience its spiritual atmosphere remotely, promoting faith, devotion, and a deeper understanding of the messages from this sacred location. Additionally, Mary TV contributes to the broader conversation about faith in contemporary society, enhancing the visibility of Marian devotion in various cultural contexts. Through its dedicated broadcasting efforts, the organization enriches viewers' lives and nurtures a global community centered around spirituality and devotion to the Virgin Mary.




This information is meant to be a general summary of Mary Tv 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
$1,401,270 (2022)
Expenses
$1,060,729 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$8,241
  • Gross Receipts: $1,401,270

Assets and Liabilities:

  • Total Assets: $2,150,995
  • Total Liabilities: $23,849
  • Net Assets: $2,127,146

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Organization Details

Founding Year

1994

Principal Officer

Dennis Nolan

Main Address

PO Box 899, Notre Dame, IN, 46556

NTEE Category

Code: X22 - Religion related

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