Overview
What is Cornerstone Broadcasting Corporation?
Cornerstone Broadcasting Corporation is a nonprofit organization situated in Port Orange, Florida, with a specific focus on religious broadcasting. Operating 24 hours a day, 7 days a week, they deliver a variety of programs and music to their audience. The corporation employs a small team of four individuals, dedicated to spreading their message through radio waves. Their mission is to provide spiritual guidance and entertainment, contributing to the religious community in a unique and continuous manner.
Official website here: www.wjlu.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Cornerstone Broadcasting Corporation has received an impressive score of 97%, reflecting a Four-Star rating based solely on its Accountability and Finance metrics. This high score signifies that the organization demonstrates strong financial health and ethical governance practices, which are crucial for maintaining donor trust and sustainability.
The organization showcases a robust board structure with 85% of its members being independent, and it has established comprehensive policies regarding conflict of interest and whistleblower protections. Notably, there have been no material diversions of assets, and all required documentation is properly managed and accessible, further indicating a commitment to transparency and responsible management.
With a program expense ratio of 92.01%, Cornerstone Broadcasting Corporation effectively allocates the majority of its resources towards its programs. The low liabilities to assets ratio of 17.85% suggests that it maintains a healthy financial position, allowing for continued operational effectiveness and growth. Overall, the data indicates a solidly managed nonprofit with a strong focus on accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Cornerstone Broadcasting Corporation?
100% of 19 reviewers on Facebook recommend Cornerstone Broadcasting Corporation. Here is a summary of their reviews:
The overwhelming sentiment reflects a deep appreciation for the radio station, with listeners expressing gratitude for the programming it offers. One highlighted program, "Unshackled," has garnered particular praise, showcasing the station's impact on its audience.
Overall, the nonprofit appears to successfully deliver engaging content that resonates with its listeners, fostering a strong sense of community and support among its audience.
This AI summary has been generated from reviews found on Facebook.
Is Cornerstone Broadcasting Corporation legitimate?
Cornerstone Broadcasting Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Broadcasting 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: $61,118
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wjlu.org
What is the mission statement of Cornerstone Broadcasting Corporation?
The Cornerstone Broadcasting Corporation is dedicated to the continuous broadcasting of religious programs and music, operating around the clock, 7 days a week. Their mission is focused on providing a constant stream of spiritual content, serving as a religious broadcasting platform. This commitment is reflected in their 24/7 operation, ensuring that their audience has access to religious programming at all times.
Official website here: www.wjlu.org
Who is the CEO of Cornerstone Broadcasting Corporation?
William Powell is the President of Cornerstone Broadcasting Corporation.
Official website here: www.wjlu.org
What is the revenue of Cornerstone Broadcasting Corporation?
Cornerstone Broadcasting Corporation's revenue in 2022 was $467,116.
Official website here: www.wjlu.org
Who are the executives of Cornerstone Broadcasting Corporation and what are their salaries?
The average compensation at Cornerstone Broadcasting Corporation during 2022 was $15,280. There are 4 employees at Cornerstone Broadcasting Corporation.
Here are 7 key members and their salaries:
- Compensation: $59,300
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.wjlu.org
Where can I find the form 990 for Cornerstone Broadcasting Corporation?
Cornerstone Broadcasting Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wjlu.org
Learn more at the official website: www.wjlu.org
Mission Statement of Cornerstone Broadcasting Corporation
Cornerstone Broadcasting Corporation is dedicated to the continuous broadcasting of religious programs and music, operating round the clock, 7 days a week. Their mission is centered around the transmission of spiritual content, providing a constant stream of religious programming and music to their audience. This 24/7 operation allows individuals seeking solace, inspiration, or simply a moment of spiritual reflection to turn to Cornerstone Broadcasting Corporation at any time. The corporation's commitment to this uninterrupted service underscores their dedication to spreading religious messages and music, making it readily available to those who seek it.
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Impact
July, 2024
Cornerstone Broadcasting Corporation's impact lies in its continuous provision of religious broadcasting programs and music 24 hours per day, 7 days a week. This constant stream of content allows individuals in Port Orange, FL, and beyond to engage with religious programming whenever they seek spiritual guidance or solace. By offering this service without interruption, Cornerstone Broadcasting Corporation fulfills its mission of providing a consistent platform for religious broadcasting, contributing to the spiritual well-being of its audience.
This information is meant to be a general summary of Cornerstone Broadcasting 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: -$1,328
- Gross Receipts: $669,431
Assets and Liabilities:
- Total Assets: $901,885
- Total Liabilities: $53,625
- Net Assets: $848,260
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Organization Details
Founding Year
1994
Phone
(386) 756-9094Principal Officer
William Powell
Main Address
4295 RIDGEWOOD AVENUE, PORT ORANGE, FL, 32127
Website
www.wjlu.orgNTEE Category
Code: X80 - Religion related
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