Overview
What is Educational Information Corporation?
Educational Information Corporation, operating under the name WCPE-FM, is a not-for-profit organization based in Wake Forest, North Carolina. Their primary mission is to disseminate educational information, particularly in the realm of classical music. They achieve this by operating an FCC-licensed FM radio station and other educational broadcast operations, catering to the Central North Carolina and Southside Virginia area. Their programming is made available to the public at no charge, via streaming or public broadcasting outlets, and can also be accessed worldwide through the internet. In line with their mission, WCPE-FM seeks to expand the community of classical music enthusiasts by making great classical music accessible to everyone, everywhere, at any time. They achieve this through entertaining, educating, and engaging their audience with informed announcers, programs, and publications. Additionally, they grant funds to non-profit organizations that share their mission, thereby strengthening their impact within the community. With a team of 28 dedicated individuals, WCPE-FM continues to promote the appreciation and enjoyment of classical music.
Official website here: www.theclassicalstation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Stars)
Educational Information Corporation has received a Two-Star rating from Charity Navigator, indicating certain concerns regarding its accountability and financial practices. The organization scored 60% overall, with a particularly low score in areas related to board independence and financial transparency. Key indicators such as the majority of independent board members and independent board size received no points, raising questions about governance.
However, the organization did perform well in some aspects, such as demonstrating a strong commitment to ethical practices with a perfect score in conflict of interest and document retention policies. Additionally, the organization has effectively managed its liabilities, with a solid liabilities-to-assets ratio. These factors suggest that while there are governance issues, the overall financial health appears to be stable.
Limitations identified include a lack of independent oversight and insufficient financial statement transparency, which could affect donor confidence. The organization has room for improvement in establishing a more independent board and enhancing its financial reporting practices to boost its overall rating.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Educational Information Corporation?
96% of 56 reviewers on Facebook recommend the Educational Information Corporation. Here's a summary of their reviews:
Many users express enjoyment of the musical offerings provided by the organization, highlighting it as a delightful backdrop for productivity. The overall sentiment is positive, with individuals appreciating the uplifting experience the music brings to their work environment.
This nonprofit appears to effectively deliver on its promise of providing enjoyable and enriching content, making a positive impact on those who engage with their services.
This AI summary has been generated from reviews found on Facebook.
Is Educational Information Corporation legitimate?
Educational Information Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Information 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $720,679
For more financial information, click here
Official website here: www.theclassicalstation.org/
What is the mission statement of Educational Information Corporation?
The Educational Information Corporation's mission is centered around disseminating educational information, with a particular focus on expanding the community of classical music enthusiasts. They achieve this by making classical music more accessible to a global audience, at any time and place. Their strategies include entertaining, educating, and engaging listeners through informed announcers, programs, and publications. The corporation strives to make appreciating and enjoying great classical music an easy and enjoyable experience for all. They operate a non-commercial, educational FM radio station, making their programming available to the public at no cost, both locally and internationally via streaming. Additionally, they provide grants to non-profit organizations that share their mission.
Official website here: www.theclassicalstation.org/
Who is the CEO of Educational Information Corporation?
Deborah S Proctor is the Secretary of Educational Information Corporation.
Official website here: www.theclassicalstation.org/
What is the revenue of Educational Information Corporation?
Educational Information Corporation's revenue in 2022 was $1,896,416.
Official website here: www.theclassicalstation.org/
Who are the executives of Educational Information Corporation and what are their salaries?
The average compensation at Educational Information Corporation during 2022 was $25,739. There are 28 employees and 40 volunteers at Educational Information Corporation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.theclassicalstation.org/
Where can I find the form 990 for Educational Information Corporation?
Educational Information Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theclassicalstation.org/
Learn more at the official website: www.theclassicalstation.org/
Mission Statement of Educational Information Corporation
The Educational Information Corporation, often referred to as EIC, is dedicated to disseminating educational information. One of its primary objectives is to expand the community of classical music enthusiasts by making accessible classical music available to everyone, everywhere, at any time. EIC achieves this through entertaining, educating, and engaging its audience with informed announcers, programs, and publications. The organization strives to make it effortless for individuals to appreciate and enjoy great classical music.
In addition to its mission to promote classical music, EIC operates as a not-for-profit, non-commercial, educational, FCC-licensed FM radio station and other educational broadcast operations. It provides its programming to various audiences, including individuals, public broadcasting outlets, and entities legally able to rebroadcast its signal, all at no charge or obligation. EIC's programming is also available worldwide for free via streaming on the internet. Furthermore, EIC grants funds to non-profit organizations that support its mission and share its goals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Educational Information Corporation's impact is centered around disseminating educational information and expanding the community of classical music lovers. By sharing accessible classical music with everyone, everywhere, at any time, they entertain, educate, and engage their audience through informed announcers, programs, and publications. Operating a not-for-profit, non-commercial, educational FM radio station, they reach the areas of Central North Carolina and Southside Virginia, making their programming available for free via streaming online. Additionally, by providing grants to non-profit organizations that assist in parallel with their mission, they are able to further extend their reach and impact in promoting the appreciation and enjoyment of great classical music.
This information is meant to be a general summary of Educational Information 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,692
- Program Service Revenue: $129,173
- Gross Receipts: $1,896,416
Assets and Liabilities:
- Total Assets: $10,431,851
- Total Liabilities: $7,947
- Net Assets: $10,423,904
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNDERWRITER & PPSA REV
Revenue
$90,509
FOUNDATION GRANTS
Revenue
$38,664
Organization Details
Founding Year
1973
Phone
(919) 556-5178Principal Officer
Deborah S Proctor
Main Address
PO BOX 828, WAKE FOREST, NC, 27588
Website
www.theclassicalstation.org/NTEE Category
Code: A34Z - Arts
If you are a representative of Educational Information Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.