Station Resource Group Inc

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

EIN: 521601936 ✦ Pasadena, CA ✦ Designated as a 501(c)(3)

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Overview

What is Station Resource Group Inc?

Station Resource Group Inc, based in Pasadena, California, is a nonprofit organization dedicated to enhancing the services of member radio stations. Their primary focus involves audience services, digital transformation, journalism, and organizational culture. In 2022, they assisted stations in devising strategies to recover from the COVID-19 pandemic and transition from traditional broadcast stations into multi-platform community media institutions. Furthermore, they concentrated on improving organizational cultures to better reflect the communities they serve. By analyzing local public media finances and patterns of media use, Station Resource Group identified growth trends in public media's local journalism and suggested strategies to accelerate this growth. Throughout the year, they identified members' top strategic priorities and aspirations, synthesizing this information for wider circulation in the public media field. With a workforce of 5 individuals, Station Resource Group Inc promotes stronger service by leading public radio stations, aiming to ensure that America's strongest public radio stations better serve the public and thrive during a period of significant change.


Official website here: www.srg.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Station Resource Group Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance with a score of 96%. This high rating is solely based on their Accountability & Finance score, which indicates that the organization operates with transparency and effective financial management.

The charity's board structure is robust, with a fully independent board consisting of eight members, ensuring that governance is free from conflicts of interest. Furthermore, their financial practices are well-documented, with comprehensive oversight measures such as an audit committee and a clear conflict of interest policy. Their ability to maintain a low liabilities-to-assets ratio of 7.01% and a program expense ratio of 71.06% demonstrates their effective allocation of resources towards their mission.

Overall, while the organization excels in accountability and governance, potential donors and stakeholders may wish to inquire further into its specific programs and outcomes to gain a complete understanding of the impact their contributions have on the community. Nonetheless, the metrics provided indicate a well-managed organization dedicated to maintaining high standards of financial integrity.


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

Is Station Resource Group Inc legitimate?

Station Resource Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Station Resource Group 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: $340,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,850

For more financial information, click here


Official website here: www.srg.org

What is the mission statement of Station Resource Group Inc?

Station Resource Group Inc's mission is to enhance the service delivered by public radio stations in the United States, aiming for their survival and growth during a period of significant change. They achieve this by focusing on audience services, digital transformation, journalism, and organizational culture. In 2022, SRG assisted stations in devising strategies to recover from the COVID-19 pandemic and transition from being traditional broadcast stations to multimedia community institutions. The organization also worked on improving organizational cultures to make them more representative of the communities they serve. Additionally, SRG analyzed local public media finances and usage patterns, mapped the growth of local journalism in public media, and identified members' top strategic priorities and aspirations.


Official website here: www.srg.org

What is the revenue of Station Resource Group Inc?

Station Resource Group Inc's revenue in 2023 was $954,381.


Official website here: www.srg.org

Who are the executives of Station Resource Group Inc and what are their salaries?

The average compensation at Station Resource Group Inc during 2023 was $84,070. There are 5 employees and 7 volunteers at Station Resource Group Inc.

Here are 8 key members and their salaries:


Thomas W Bill Davis (Principal)
  • Compensation: $340,500
  • Related: $0
  • Other: $0
Kyra Mcgrath (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Hiott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Hubbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nico Leone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Bass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.srg.org

Where can I find the form 990 for Station Resource Group Inc?

Station Resource Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.srg.org

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

Mission Statement of Station Resource Group Inc

Station Resource Group Inc, abbreviated as SRG, aims to strategize, organize, and advocate for stronger service by leading public radio stations. Their mission is to ensure that America's strongest public radio stations better serve the public and thrive during a period of radical change. SRG focuses on strengthening program services for member institutions by prioritizing audience services, digital transformation, journalism, and organizational culture. In 2022, SRG assisted stations in formulating strategies to emerge from the COVID-19 pandemic and transition from being legacy broadcast stations to becoming multi-platform community media institutions. Additionally, SRG focused on strategies to improve organizational cultures within member institutions to make them more reflective of the communities they serve. Furthermore, SRG analyzed local public media finances and patterns of media use, mapped the growing strength of public media's local journalism, and identified members' top strategic priorities and aspirations. By doing so, SRG aimed to prepare a synthesis for wider circulation within the public media field.

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Impact




July, 2024

Station Resource Group Inc, through its activities focused on strategizing, organizing, and advocating for stronger service by leading public radio stations, is making a significant impact on the public media landscape. In 2022, SRG played a crucial role in helping member stations navigate the challenges brought on by the COVID-19 pandemic and transition towards becoming multi-platform community media institutions. By strengthening program services such as audience engagement, digital transformation, journalism, and organizational culture, SRG is empowering public radio stations to better serve their communities.

Additionally, SRG's efforts in analyzing local public media finances, mapping the growth of local journalism, and identifying strategic priorities and aspirations of its members are contributing to the overall improvement and growth of public media organizations. By focusing on strategies to enhance organizational cultures and align institutions with the needs of the communities they serve, SRG is driving positive change within the public radio sector.

Overall, Station Resource Group Inc is playing a vital role in ensuring that America's strongest public radio stations not only survive but thrive during a period of radical change, ultimately leading to a more robust and impactful public media landscape.




This information is meant to be a general summary of Station Resource Group 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.

Revenue
$954,381 (2023)
Expenses
$977,575 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,695
  • Program Service Revenue: $943,686
  • Gross Receipts: $954,381

Assets and Liabilities:

  • Total Assets: $1,056,829
  • Total Liabilities: $74,183
  • Net Assets: $982,646

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Programs

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

MEMBERSHIP DUES

Revenue

$943,686

Organization Details

Founding Year

1987

Principal Officer

Thomas W Bill Davis

NTEE Category

Code: A30 - Arts

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