Overview
What is Wsre Tv Foundation Inc?
Wsre Tv Foundation Inc is a nonprofit organization based in Pensacola, Florida, with a primary mission to support the operational needs of WSRE, a PBS station serving the Gulf Coast region. The foundation provides educational television content to nearby citizens, broadcasting over 5 digital streams and its website, totaling approximately 43,800 hours annually. It also offers a diverse array of locally-produced programming, focusing on current affairs, arts and culture, minority issues, and documentaries. In addition to broadcasting, Wsre Tv Foundation Inc promotes educational and outreach initiatives, such as WSRE's reading programs, teacher training opportunities, and other literacy-based initiatives. The Imagination Station, in collaboration with a local baseball team, offers free early literary resources and hands-on digital media learning assets at the team's ballpark in downtown Pensacola. As a direct support organization for WSRE-TV, the foundation assists in providing educational and community-oriented programs in association with Pensacola State College. The Wsre Tv Foundation Inc's mission is to raise funds and support the activities, operations, and capital needs for WSRE-TV, a public telecommunications station licensed by the Federal Communications Commission, operating as a department of Pensacola State College.
Official website here: www.wrse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Wsre Tv Foundation Inc has received a low rating of 56%, indicating significant concerns regarding its financial practices and overall accountability. While the organization boasts a fully independent board and has been effective in several governance aspects, including the maintenance of a conflict of interest policy and documentation of board meeting minutes, the financial health indicators raise red flags.
The foundation has a program expense ratio of only 44.36%, which suggests that a substantial portion of its expenses may not be directed toward its mission-related programs. Additionally, the liabilities to assets ratio stands at 3.31%, which is concerning and reflects potential financial instability. Furthermore, the absence of tax forms on its website may lead to transparency issues that could affect donor trust. Overall, while the organization has strengths in governance, it faces critical challenges in financial management and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Wsre Tv Foundation Inc legitimate?
Wsre Tv Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wsre Tv Foundation 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.
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Official website here: www.wrse.org
What is the mission statement of Wsre Tv Foundation Inc?
The Wsre Tv Foundation Inc serves as a direct support organization for WSRE-TV, a public telecommunications station. Its primary mission is to raise funds and provide other forms of support for the activities, operations, and capital needs of WSRE-TV. This station, licensed by the Federal Communications Commission, is associated with Pensacola State College and functions as a department within the institution. The Wsre Tv Foundation Inc's mission aligns with WSRE-TV's purpose of broadcasting educational and community-oriented programs, contributing to the betterment of the community associated with Pensacola State College.
Official website here: www.wrse.org
Who is the CEO of Wsre Tv Foundation Inc?
Jill Hubbs is the Past Chair of Wsre Tv Foundation Inc.
Official website here: www.wrse.org
What is the revenue of Wsre Tv Foundation Inc?
Wsre Tv Foundation Inc's revenue in 2022 was $1,353,658.
Official website here: www.wrse.org
Who are the executives of Wsre Tv Foundation Inc and what are their salaries?
There 30 volunteers at Wsre Tv Foundation Inc.
Here are 18 key members and their salaries:
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Official website here: www.wrse.org
Where can I find the form 990 for Wsre Tv Foundation Inc?
Wsre Tv Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wrse.org
Learn more at the official website: www.wrse.org
Mission Statement of Wsre Tv Foundation Inc
Wsre Tv Foundation Inc, as a direct support organization, is dedicated to raising funds and providing other forms of assistance to support the activities, operations, and capital needs of Wsre-TV. This public telecommunications station, licensed by the Federal Communications Commission, broadcasts educational and community-oriented programs in association with Pensacola State College. The mission of Wsre Tv Foundation Inc aligns with that of Wsre-TV, functioning as an operational department of Pensacola State College, under the District Board of Trustees. The foundation's role is instrumental in ensuring the continued success and growth of Wsre-TV, an affiliate member of the Public Broadcasting Service.
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Impact
July, 2024
Wsre Tv Foundation Inc directly supports the operational needs of WSRE, PBS for the Gulf Coast. WSRE-TV broadcasts educational and community-oriented programs in association with Pensacola State College. Through its program service activities, Wsre Tv Foundation Inc impacts the community by providing educational television to the citizens of Northwest Florida over multiple digital broadcast streams and its website. This includes offering a diverse array of high-quality locally-produced programming covering current affairs, arts/culture, minority issues, and documentaries. Additionally, Wsre Tv Foundation Inc delivers educational and outreach services to the citizens of Northwest Florida through initiatives such as reading programs, teacher training opportunities, and literacy-based programs. The foundation, in partnership with a local baseball team, also operates the WSRE Imagination Station at the team's ballpark in downtown Pensacola, providing free early literary resources and access to hands-on digital media learning assets.
This information is meant to be a general summary of Wsre Tv Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $116,123
- Gross Receipts: $1,669,143
Assets and Liabilities:
- Total Assets: $3,786,075
- Total Liabilities: $138,390
- Net Assets: $3,647,685
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Organization Details
Founding Year
1990
Phone
(850) 484-1200Principal Officer
Jill Hubbs
Main Address
1000 COLLEGE BLVD, PENSACOLA, FL, 32504
Website
www.wrse.orgNTEE Category
Code: A32I - Arts
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