New Wave Corporation

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

EIN: 431026021 ✦ Columbia, MO ✦ Designated as a 501(c)(3)

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Overview

What is New Wave Corporation?

New Wave Corporation, operating under the name KOPN 89.5 FM, is a locally-driven, listener-supported radio station situated in Columbia, Missouri. With a team of six dedicated individuals, they provide a 24-hour daily broadcast schedule that caters to thousands of listeners in Central Missouri. Their programming encompasses a diverse range of topics, including local and national news, arts and issues discussions, music, and community-focused shows that engage on themes such as current events, civil liberties, cultural matters, emerging technologies, women's issues, food and farming, and health. KOPN 89.5 FM offers training in radio broadcasting and production, as well as internship and informal learning opportunities. The organization also contributes to the community through partnerships with the local court system, providing valuable community service opportunities.


Official website here: www.kopn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 78%, Three-Star out of Four Star rating.

New Wave Corporation, doing business as KOPN FM Radio, has earned a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score is based entirely on a single beacon score, reflecting the organization’s commitment to responsible governance. They scored particularly well across various metrics, achieving full points for having an independent board and for policies related to conflict of interest, whistleblower protections, and document retention.

However, while New Wave Corporation exhibits strengths in governance and transparency, it faces challenges in its program expense ratio, which stands at 52.23%. This figure suggests that just over half of its expenses are directed towards programmatic activities, potentially indicating a need for improvement in allocating resources towards mission-related work. Overall, the organization demonstrates a strong financial accountability framework, but it may need to focus more on maximizing its programmatic impact.


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

What do the Facebook reviews say about New Wave Corporation?

92% of 87 reviewers on Facebook recommend New Wave Corporation. Here is a summary of their reviews:

Many individuals appreciate the community-oriented focus of the organization, highlighting its role as a volunteer-run radio station that serves a diverse population. Reviewers emphasize that it is more than just a radio service; they view it as an essential resource that brings people together and reflects local culture and stories.

Overall, the sentiment towards New Wave Corporation is overwhelmingly positive. Supporters value its commitment to community engagement and the unique perspectives it offers, making it a cherished part of the local landscape.


This AI summary has been generated from reviews found on Facebook.

Is New Wave Corporation legitimate?

New Wave Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Wave Corporation 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: $47,803
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,424

For more financial information, click here


Official website here: www.kopn.org

What is the mission statement of New Wave Corporation?

New Wave Corporation, operating under the name KOPN FM Radio, serves as a listener-supported community radio station. Its mission is to enrich and educate its audience, as well as the broader community, through its programming. This includes broadcasting local and national news, arts and issues discussions, and music. The station also produces local shows to stimulate community dialogue on various topics such as current events, civil liberties, cultural matters, emerging technologies, women's issues, food and farming, and health. Beyond broadcasting, New Wave Corporation offers training in radio broadcasting and production, providing internships and informal training opportunities. Additionally, the organization participates in community service through its involvement with the local court system.


Official website here: www.kopn.org

Who is the CEO of New Wave Corporation?

Linda S Day is the Frm Gen Manager of New Wave Corporation.


Official website here: www.kopn.org

What is the revenue of New Wave Corporation?

New Wave Corporation's revenue in 2022 was $495,934.


Official website here: www.kopn.org

Who are the executives of New Wave Corporation and what are their salaries?

The average compensation at New Wave Corporation during 2022 was $22,538. There are 6 employees and 100 volunteers at New Wave Corporation.


Here are 12 key members and their salaries:


Miquel Calada (Frm Gen Manager)
  • Compensation: $30,256
  • Related: $0
  • Other: $0
Sarah Catlin (Interim Gm)
  • Compensation: $22,146
  • Related: $0
  • Other: $0
Robert Ainsworth (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Sharif Abdul-Hakim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda S Day (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margot Mcmillen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Moxon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Rogers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Rushing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Shults (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Wacker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kopn.org

Where can I find the form 990 for New Wave Corporation?

New Wave Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kopn.org

Learn more at the official website: www.kopn.org

Mission Statement of New Wave Corporation

New Wave Corporation Dba Kopn Fm Radio, as a listener-supported community radio station, is dedicated to enriching the lives of its audience and the community it serves. The organization's mission is to educate its membership and the broader community through its 24-hour daily productions and broadcasts on KOPN 89.5 FM. The programming is diverse, covering local and national news, arts and issues discussions, and music. New Wave Corporation takes a proactive approach to community engagement, using radio as a platform to foster discourse on various topics such as current events, civil liberties, cultural matters, emerging technologies, women's issues, food and farming, and health.

In addition to its broadcasting activities, New Wave Corporation offers training in radio broadcasting and production. The organization provides internships and informal training opportunities, contributing to the development of new talent in the field of radio broadcasting. Furthermore, New Wave Corporation extends its community service beyond the radio waves by participating in the local court system. By doing so, it demonstrates its commitment to being an active and engaged member of the community it serves.

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Impact




July, 2024

New Wave Corporation Dba Kopn Fm Radio has a significant impact on the Central Missouri community by providing a platform for local and national news, arts, discussions on important issues, and diverse music programming. Through its listener-supported community public radio station, the organization educates and enriches the lives of its members and the broader community it serves. By offering training in radio broadcasting and production, internships, and community service opportunities, New Wave Corporation also plays a vital role in nurturing talent and fostering community engagement. The radio station's programming helps increase community discourse on various topics such as current events, civil liberties, cultural matters, emerging technologies, women's issues, food and farming, and health, making it a valuable resource for the residents of Central Missouri.




This information is meant to be a general summary of New Wave Corporation. 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
$495,934 (2022)
Expenses
$333,772 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$6,379
  • Program Service Revenue: $33,333
  • Gross Receipts: $502,342

Assets and Liabilities:

  • Total Assets: $881,373
  • Total Liabilities: $258,717
  • Net Assets: $622,656

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Programs

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

Underwriting

Revenue

$33,333

Organization Details

Founding Year

1972

Principal Officer

Linda S Day

Main Address

401 Bernadette Drive, Columbia, MO, 65203

NTEE Category

Code: A34 - Arts

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