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Kingsburg Media Foundation

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

EIN: 455162936 ✦ Kingsburg, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kingsburg Media Foundation?

The Kingsburg Media Foundation, headquartered at 2030 Mariposa Street, Kingsburg, CA 93631, is a nonprofit organization with a mission to advance local communities by offering discounted or complimentary internet and telephone services to non-profit organizations and community groups. Established with strategic partnerships, this foundation aims to provide essential technology and media services, thereby contributing to the betterment of these communities. With a workforce of six individuals, Kingsburg Media Foundation is dedicated to supporting the growth and success of various community initiatives.


Official website here: www.kbmf.org/contact.html

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52% (One-Star out of Four Stars)

Kingsburg Media Foundation has received a low rating of 52%, indicating a need for improvement in accountability and financial transparency. The organization has achieved a perfect score for having a majority of independent board members, which demonstrates strong governance in that aspect. However, the absence of essential financial statements and policies raises concerns about its operational practices.

The foundation shows a high program expense ratio of 95.48%, suggesting that a significant portion of its funds is allocated to its programs. This is a positive aspect, as it indicates a commitment to its mission. Nevertheless, the lack of documented financial practices and policies, such as conflict of interest and whistleblower protections, reflects serious shortcomings in governance.

Overall, while Kingsburg Media Foundation has some strengths in governance structure, its financial transparency and policy documentation require significant attention. Potential donors and supporters may want to consider these factors before contributing or engaging with the organization.


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

Is Kingsburg Media Foundation legitimate?

Kingsburg Media Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kingsburg Media Foundation 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: $54,720
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,575

For more financial information, click here


Official website here: www.kbmf.org/contact.html

What is the mission statement of Kingsburg Media Foundation?

The Kingsburg Media Foundation is committed to advancing communities by offering technology and media services to non-profit organizations and community groups through strategic partnerships. Their mission is to provide these services at discounted or no cost, aiming to support the growth and development of these organizations. By doing so, the foundation contributes to the betterment of the communities they serve.


Official website here: www.kbmf.org/contact.html

Who is the CEO of Kingsburg Media Foundation?

Reginald Gierke is the President of Kingsburg Media Foundation.


Official website here: www.kbmf.org/contact.html

What is the revenue of Kingsburg Media Foundation?

Kingsburg Media Foundation's revenue in 2021 was $703,272.


Official website here: www.kbmf.org/contact.html

Who are the executives of Kingsburg Media Foundation and what are their salaries?

The average compensation at Kingsburg Media Foundation during 2021 was $27,716. There are 6 employees at Kingsburg Media Foundation.


Here are 7 key members and their salaries:


Reginald Gierke (President)
  • Compensation: $54,720
  • Related: $0
  • Other: $0
Matthew Kredit (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Doolittle (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Griffin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jost (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Horiuchi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myra Boland (Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kbmf.org/contact.html

Where can I find the form 990 for Kingsburg Media Foundation?

Kingsburg Media Foundation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.kbmf.org/contact.html

Learn more at the official website: www.kbmf.org/contact.html

Mission Statement of Kingsburg Media Foundation

The Kingsburg Media Foundation is committed to supporting non-profit organizations and community groups by offering technology and media services. They achieve this goal through strategic partnerships, aiming to foster the growth and advancement of their communities. More specifically, this foundation provides Internet and telephone services to local non-profits and community organizations at reduced or no cost. By doing so, they aim to empower these organizations and contribute to the betterment of their respective communities.

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Impact




July, 2024

Kingsburg Media Foundation's impact can be seen in its dedicated provision of technology and media services to non-profits and community organizations. By forging strategic partnerships, the foundation ensures that these crucial entities have access to internet and telephone services at a discounted rate or even free of charge. This support plays a significant role in advancing our communities, empowering organizations to better fulfill their missions and serve the public.




This information is meant to be a general summary of Kingsburg Media Foundation. 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
$703,272 (2021)
Expenses
$696,992 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $2,426
  • Program Service Revenue: $19,959
  • Gross Receipts: $703,272

Assets and Liabilities:

  • Total Assets: $36,520
  • Total Liabilities: $25,698
  • Net Assets: $10,822

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Programs

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

KINGSBURG CITY BAND

Revenue

$18,753

SETH COSTAS SCHOLARSHIP

Revenue

$1,206

Organization Details

Founding Year

2012

Principal Officer

Reginald Gierke

Main Address

2030 MARIPOSA STREET, KINGSBURG, CA, 93631

NTEE Category

Code: A30 - Arts

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