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Real Presence Radio

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

EIN: 450458973 ✦ Fargo, ND ✦ Designated as a 501(c)(3)

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Overview

What is Real Presence Radio?

Real Presence Radio is a nonprofit organization situated in Fargo, North Dakota, specifically at 503 7th Street N Suite 101. Their primary mission is to disseminate religious education to the general public through radio broadcasting. With a workforce of 28 dedicated individuals, they strive to enlighten and educate listeners on spiritual matters through their broadcasts. The organization is committed to this mission, providing a valuable resource for individuals seeking spiritual growth and understanding.


Official website here: www.yourcatholicradiostation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (58%)

Real Presence Radio has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and efficiency. While the organization demonstrates strong governance with a fully independent board and effective oversight practices, its financial metrics reveal several weaknesses, particularly in program expense and fundraising efficiency.

The accountability and finance score shows that while there are solid practices in place, such as a robust conflict of interest policy and thorough financial statement audits, the program expense ratio and fundraising efficiency are notably low. This implies that a limited portion of funds raised is being directed towards program services, which may impact the organization's overall mission effectiveness.

Additionally, the organization's liabilities to assets ratio indicates potential financial strain. With a fundraising efficiency of $0.33, the cost to raise funds appears high, further emphasizing the need for improved financial strategies. Overall, while Real Presence Radio shows strengths in governance and transparency, enhancements in its financial operations and program funding are critical for better performance and sustainability.


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

Is Real Presence Radio legitimate?

Real Presence Radio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Real Presence 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: $103,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $766,244

For more financial information, click here


Official website here: www.yourcatholicradiostation.com

What is the mission statement of Real Presence Radio?

Real Presence Radio aims to disseminate religious education to the public through the medium of radio broadcasting. Their mission is to provide insightful and spiritual content, fostering a deeper understanding of religious teachings and beliefs among listeners. By utilizing the radio as a platform, Real Presence Radio seeks to reach a wide audience, promoting religious education and spiritual growth in an accessible and engaging manner.


Official website here: www.yourcatholicradiostation.com

Who is the CEO of Real Presence Radio?

John Hajostek is the President of Real Presence Radio.


Official website here: www.yourcatholicradiostation.com

What is the revenue of Real Presence Radio?

Real Presence Radio's revenue in 2022 was $2,285,515.


Official website here: www.yourcatholicradiostation.com

Who are the executives of Real Presence Radio and what are their salaries?

The average compensation at Real Presence Radio during 2022 was $31,057. There are 28 employees and 95 volunteers at Real Presence Radio.


Here are 9 key members and their salaries:


Chuck Huber (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven W Loegering (Vice President/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hajostek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack R Kennelly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Sanders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Canfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rangel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Devitt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hollcraft (Executive Director)
  • Compensation: $103,358
  • Related: $0
  • Other: $0


Official website here: www.yourcatholicradiostation.com

Where can I find the form 990 for Real Presence Radio?

Real Presence Radio's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yourcatholicradiostation.com

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

Mission Statement of Real Presence Radio

Real Presence Radio, as a nonprofit organization, is dedicated to disseminating religious education to the public through radio broadcasting. Their mission is to serve as a platform, providing insightful and faith-based content to listeners, aiming to foster spiritual growth and understanding. By utilizing the medium of radio, Real Presence Radio reaches out to a wide audience, making religious education accessible and convenient for individuals from diverse backgrounds and locations.

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Impact




July, 2024

Real Presence Radio's impact is profound and far-reaching. Through its radio broadcasting, Real Presence Radio provides religious education to the public, helping listeners deepen their faith and strengthen their spiritual lives. The organization serves as a beacon of hope and inspiration for individuals seeking guidance and connection with their religious beliefs. Real Presence Radio's programming fosters a sense of community among listeners, creating a space for dialogue, reflection, and growth. The organization's dedication to spreading the message of faith and spirituality through the airwaves has a tangible impact on individuals and communities, sparking conversations and fostering a sense of unity and understanding among listeners. Ultimately, Real Presence Radio's impact extends beyond the radio waves, touching the hearts and minds of those who tune in, and enriching their lives with the power of religious education and inspiration.




This information is meant to be a general summary of Real Presence 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.

Revenue
$2,285,515 (2022)
Expenses
$2,448,759 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $96,050
  • Program Service Revenue: $171,580
  • Gross Receipts: $2,531,659

Assets and Liabilities:

  • Total Assets: $4,994,012
  • Total Liabilities: $2,448,299
  • Net Assets: $2,545,713

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Programs

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

UNDERWRITING INCOME

Revenue

$171,580

Organization Details

Founding Year

2004

Principal Officer

John Hajostek

Main Address

503 7TH ST N SUITE 101, FARGO, ND, 58102

NTEE Category

Code: A34 - Arts

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