Overview
What is Good News Media Inc?
Good News Media Inc, located in Traverse City, Michigan, is a nonprofit organization with a primary focus on religious education and spiritual encouragement. They offer 8,760 hours annually of non-commercial AM/FM radio broadcasting, featuring religious music and talk programs that serve the general public of Northwest Michigan. The organization's mission is centered around providing non-commercial educational and religious broadcast programming, aiming to make a positive impact on the community. With a team of 10 dedicated individuals, Good News Media Inc contributes to the spiritual growth and education of its listeners.
Official website here: www.goodnewsmediainc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating.
Good News Media Inc has received a solid Three-Star rating, indicating a reliable level of accountability and finance management. The organization scored 100% in various governance aspects, such as having a fully independent board and no material asset diversion, which showcases its commitment to transparency and ethical standards.
The nonprofit demonstrates a strong commitment to using its resources effectively, with a program expense ratio of 73.01%. This suggests that a significant portion of its funding is allocated towards its programs rather than administrative costs. Additionally, the organization has comprehensive policies in place for conflict of interest, whistleblowing, and document retention, contributing positively to its governance framework.
However, while the score reflects strong financial management and accountability, it is based solely on these aspects without considering other areas of performance. Potential donors may want to explore additional information on the impact and outreach of Good News Media Inc to fully understand its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Good News Media Inc legitimate?
Good News Media Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good News Media 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: $58,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $309,835
For more financial information, click here
Official website here: www.goodnewsmediainc.org
What is the mission statement of Good News Media Inc?
Good News Media Inc's mission is centered around providing non-commercial educational and religious broadcasting. They achieve this by delivering a vast amount of 8,760 hours of radio broadcasting annually, featuring religious music and talk programs. These programs aim to spiritually encourage and educate the general public in Northwest Michigan. The organization's primary objective is to contribute positively to the community through their programming, promoting understanding and spiritual growth.
Official website here: www.goodnewsmediainc.org
Who is the CEO of Good News Media Inc?
Patrick Scott is the President/Treasurer of Good News Media Inc.
Official website here: www.goodnewsmediainc.org
What is the revenue of Good News Media Inc?
Good News Media Inc's revenue in 2022 was $692,060.
Official website here: www.goodnewsmediainc.org
Who are the executives of Good News Media Inc and what are their salaries?
The average compensation at Good News Media Inc during 2022 was $36,873. There are 10 employees and 58 volunteers at Good News Media Inc.
Here are 6 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $56,296
- Related: $0
- Other: $2,600
Official website here: www.goodnewsmediainc.org
Where can I find the form 990 for Good News Media Inc?
Good News Media Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodnewsmediainc.org
Learn more at the official website: www.goodnewsmediainc.org
Mission Statement of Good News Media Inc
Good News Media Inc, a non-commercial organization, is dedicated to providing educational and religious programming through AM/FM radio broadcasting. Their mission is to disseminate non-commercial religious broadcasts, which include music and talk shows, benefiting the public of Northwest Michigan. This mission is carried out with the aim of offering spiritual encouragement and education to the community. The organization has provided approximately 8,760 hours of radio broadcasting, using this medium to positively impact the lives of its listeners.
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Impact
July, 2024
Good News Media Inc has a significant impact on the general public of Northwest Michigan by providing 8,760 hours of AM/FM radio non-commercial broadcasting of religious music and talk programs. Through their efforts, they offer spiritual encouragement and education to listeners. This contributes to the overall well-being and spiritual growth of the community they serve. Their mission of providing non-commercial educational religious broadcast programming is fulfilled through this valuable service.
This information is meant to be a general summary of Good News Media 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: -$9,981
- Program Service Revenue: $45,701
- Gross Receipts: $717,571
Assets and Liabilities:
- Total Assets: $1,477,992
- Total Liabilities: $18,468
- Net Assets: $1,459,524
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPORTS EVENT BROADCAST
Revenue
$33,925
NORTHWEST MICHIGAN JES
Revenue
$11,776
Organization Details
Founding Year
1981
Phone
(231) 946-1400Principal Officer
Patrick Scott
Main Address
PO BOX 1408, TRAVERSE CITY, MI, 496851408
Website
www.goodnewsmediainc.orgNTEE Category
Code: X80 - Religion related
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