Overview
What is Lake Area Educational Broadcasting Foundation Spirit Fm Radio?
Lake Area Educational Broadcasting Foundation, commonly known as Spirit FM Radio, is a nonprofit organization based in Camdenton, Missouri. They operate a network of 15 full-power FM broadcast stations and 8 translator stations, reaching an audience of 100,000 people weekly. The foundation has a strong community of supporters, with 2554 families backing it in 2022. Their mission is to operate a network of non-commercial radio stations and Internet streams, connecting listeners to various charitable causes and fostering a sense of community. They also assist other non-profits in making the most of modern media. With a team of 11 employees, Spirit FM Radio is dedicated to using radio and digital platforms to uplift and support their local community.
Official website here: www.spiritfm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)
The Lake Area Educational Broadcasting Foundation Spirit FM Radio has received a rating of "Needs Improvement" from Charity Navigator, reflecting a comprehensive score of 73%. While the organization demonstrates a strong commitment to leadership and adaptability, scoring 100 in that area, its impact and measurement efforts are considerably weaker, receiving only a score of 53. This indicates room for growth in measuring and reporting the outcomes of their programs.
Strengths of the organization include a high program expense ratio of 85.78% and solid policies in place regarding conflict of interest and whistleblower protections, which are rated positively. Additionally, it has shown a commitment to equity strategies and an active investment in leadership development, further highlighting its dedication to fostering a strong organizational culture.
However, there are notable limitations as well, particularly concerning governance. The organization lacks independent board members, receiving 0 out of 10 points in that category, which raises concerns about oversight. Moreover, the absence of their tax form on the nonprofit's website and low scores in areas like use of results suggest that there is significant work needed to enhance transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Area Educational Broadcasting Foundation Spirit Fm Radio legitimate?
Lake Area Educational Broadcasting Foundation Spirit Fm Radio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Area Educational Broadcasting Foundation Spirit Fm Radio 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: $131,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,595
For more financial information, click here
Official website here: www.spiritfm.org
What is the mission statement of Lake Area Educational Broadcasting Foundation Spirit Fm Radio?
Lake Area Educational Broadcasting Foundation Spirit Fm Radio's mission is centered around operating a network of non-commercial radio stations and Internet streams. Their primary goal is to connect listeners to various charitable causes and foster a sense of community. Additionally, they offer assistance to other non-profit organizations in effectively utilizing modern media. This foundation operates 15 full power non-commercial FM broadcast stations and 8 translator stations, reaching an audience of 100,000 per week and boasting 2554 family supporters in 2022. They also maintain regular communication with 5,000 families through monthly mailings or emails.
Official website here: www.spiritfm.org
Who is the CEO of Lake Area Educational Broadcasting Foundation Spirit Fm Radio?
James J Mcdermott is the Principal Officer of Lake Area Educational Broadcasting Foundation Spirit Fm Radio.
Official website here: www.spiritfm.org
What is the revenue of Lake Area Educational Broadcasting Foundation Spirit Fm Radio?
Lake Area Educational Broadcasting Foundation Spirit Fm Radio's revenue in 2022 was $1,147,875.
Official website here: www.spiritfm.org
Who are the executives of Lake Area Educational Broadcasting Foundation Spirit Fm Radio and what are their salaries?
The average compensation at Lake Area Educational Broadcasting Foundation Spirit Fm Radio during 2022 was $30,159. There are 11 employees and 30 volunteers at Lake Area Educational Broadcasting Foundation Spirit Fm Radio.
Here are 4 key members and their salaries:
- Compensation: $80,569
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $35,949
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.spiritfm.org
Where can I find the form 990 for Lake Area Educational Broadcasting Foundation Spirit Fm Radio?
Lake Area Educational Broadcasting Foundation Spirit Fm Radio's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spiritfm.org
Learn more at the official website: www.spiritfm.org
Mission Statement of Lake Area Educational Broadcasting Foundation Spirit Fm Radio
Lake Area Educational Broadcasting Foundation Spirit FM Radio is dedicated to operating a network of noncommercial radio stations and Internet streams. Their mission is threefold: firstly, they connect listeners to various charitable causes, fostering a sense of community. Secondly, they help other non-profit organizations utilize modern media more effectively. This assistance enhances the reach and impact of these organizations, thereby benefiting a broader audience. With 15 full-power FM broadcast stations and 8 translator stations, the foundation has a weekly audience of 100,000 individuals. They also have a supportive base of 2554 families, with regular communication via mail or email to 5,000 families each month.
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Impact
July, 2024
Lake Area Educational Broadcasting Foundation Spirit Fm Radio's impact is significant in connecting listeners to charitable causes and building community. Through its network of non-commercial radio stations and Internet streams, this organization reaches a wide audience of 100,000 individuals per week. Additionally, they have 2554 family supporters in 2022, indicating a strong level of community engagement and support.
Furthermore, Lake Area Educational Broadcasting Foundation Spirit Fm Radio plays a crucial role in assisting other nonprofits in utilizing modern media effectively. By providing resources and support in this area, they help amplify the voices and impact of various charitable organizations.
Overall, the organization's mission to operate non-commercial radio stations and Internet streams serves to create a platform for social good, fostering connections within the community and promoting the arts.
This information is meant to be a general summary of Lake Area Educational Broadcasting Foundation Spirit Fm Radio. 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: $5,059
- Program Service Revenue: $8,976
- Gross Receipts: $1,147,875
Assets and Liabilities:
- Total Assets: $3,366,207
- Total Liabilities: $17,997
- Net Assets: $3,348,210
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Land and tower rent
Revenue
$8,976
Organization Details
Founding Year
1984
Phone
(573) 346-3200Principal Officer
James J Mcdermott
Main Address
PO Box 800, Camdenton, MO, 65020
Website
www.spiritfm.orgNTEE Category
Code: A34 - Arts
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