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Sound Of Hope Radio Network Inc

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

EIN: 721562499 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Sound Of Hope Radio Network Inc?

Sound of Hope Radio Network Inc is a nonprofit organization based in San Francisco, California. Their primary focus is on delivering news and current events, with a particular emphasis on China. They operate 24-hour radio streams, both for FM radios and the internet, providing independent and objective news reporting. The network also offers culture programs to preserve and promote traditional Chinese culture, as well as introduce Chinese audiences to the best values of the West. Additionally, they discuss current issues in China through a variety of shows. Their mission extends beyond traditional radio, with a digital platform reaching an international audience and local FM stations in the U.S. The organization employs a total of 34 individuals.

Is Sound Of Hope Radio Network Inc legitimate?

Sound Of Hope Radio Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sound Of Hope Radio Network 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,266,529

For more financial information, click here

What is the mission statement of Sound Of Hope Radio Network Inc?

Sound of Hope Radio Network Inc's mission is centered around providing independent and objective news reporting, preserving and promoting traditional Chinese culture, and introducing Chinese audiences to the best values of the West. Through their 24-hour radio streams, shortwave radio broadcasts, and digital platform, they aim to share current events, culture programs, and talk shows, reaching both domestic and international audiences. Their goal is to foster a deeper understanding of various perspectives, thereby contributing to an informed and culturally enriched society.

What is the revenue of Sound Of Hope Radio Network Inc?

Sound Of Hope Radio Network Inc's revenue in 2023 was $6,384,358.

Who are the executives of Sound Of Hope Radio Network Inc and what are their salaries?

The average compensation at Sound Of Hope Radio Network Inc during 2023 was $45,233. There are 28 employees and 20 volunteers at Sound Of Hope Radio Network Inc.

Here are 4 key members and their salaries:


Allen Yong Zeng (Board Chair)
  • Compensation: $46,936
  • Related: $0
  • Other: $0
Ichun Ko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hwang (Secretary/Tr)
  • Compensation: $32,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sound Of Hope Radio Network Inc?

Sound Of Hope Radio Network Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Sound Of Hope Radio Network Inc

Sound of Hope Radio Network Inc is committed to providing independent and objective news reporting, preserving and promoting traditional Chinese culture, and introducing Chinese people to the best values of the West, along with current issues related to China. Their mission is accomplished through various means, including operating 24-hour radio streams for FM radios and the internet, broadcasting independent news, culture programs, and current event talk shows in China via shortwave radio, and reaching an international audience through digital platforms. Additionally, Sound of Hope Radio Network Inc collaborates with local FM stations in the U.S. to disseminate their content.

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Impact




October, 2024

Sound Of Hope Radio Network Inc has made a significant impact by providing independent and objective news reporting that caters to the Chinese-speaking community. Through its 24-hour radio streams, both on FM radios and via the internet, it offers a vital platform for sharing news and current events in China, ensuring that listeners receive accurate information amidst a landscape often marked by censorship.

The network also focuses on cultural programming that preserves and promotes traditional Chinese culture, bridging the gap between the past and present. By introducing Chinese audiences to Western values and perspectives, it fosters a deeper understanding of different worldviews. This dual focus enriches the cultural dialogue and empowers listeners with knowledge that transcends geographic and cultural boundaries.

Additionally, Sound Of Hope reaches international audiences through digital platforms and collaborates with local FM stations in the U.S., expanding its influence beyond Chinese-speaking communities to a broader demographic interested in global Chinese issues. Ultimately, the network serves as a crucial resource for information, education, and cultural enrichment, contributing significantly to the understanding and appreciation of both Chinese and Western cultures.




This information is meant to be a general summary of Sound Of Hope Radio Network 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
$6,384,358 (2023)
Expenses
$6,834,783 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $29,832
  • Program Service Revenue: $4,431,800
  • Gross Receipts: $6,384,358

Assets and Liabilities:

  • Total Assets: $30,725,500
  • Total Liabilities: $7,693,465
  • Net Assets: $23,032,035

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Programs

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

DIGITAL PROGRAM SPONSORSHIP

Revenue

$2,440,572

BUSINESS UNDERWRITING

Revenue

$1,356,448

PROGRAM/PLATFORM SPONSORSHIP

Revenue

$634,780

Organization Details

Founding Year

2003

Principal Officer

Allen Yong Zeng

NTEE Category

Code: A34 - Arts

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