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Far East Broadcasting Company Inc

Febc

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

EIN: 951461574 ✦ La mirada, CA ✦ Designated as a 501(c)(3)

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Overview

What is Far East Broadcasting Company Inc?

Far East Broadcasting Company Inc, commonly known as FEBC, is a nonprofit organization founded in 1945 and headquartered in La Mirada, California. With a workforce of 59 individuals, FEBC's mission is to expand Christian radio and internet programming and discipleship ministries for a global audience. The company's international reach is accomplished by providing grants to its affiliates, allowing them to broadcast throughout greater Asia. FEBC's commitment to sharing the Christian message is summarized in their mission statement: "to bring Christ to the world through radio and other media."


Official website here: www.febc.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)

Far East Broadcasting Company Inc has achieved an impressive four-star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. With a perfect score of 100%, the organization demonstrates strong financial management practices, ensuring that the majority of its funding directly supports its programs and initiatives. The charity's program expense ratio stands at 81.20%, indicating that a significant portion of its resources is allocated to its mission.

The organization boasts a fully independent board, with 100% of its members being independent, which enhances its governance structure. It also has robust policies in place, such as conflict of interest and whistleblower policies, ensuring transparency and ethical practices. Additional strengths include a well-maintained audit and oversight committee, alongside a clean record of no material diversion of assets, which speaks volumes about its integrity.

While the data reflects numerous strengths, it is essential for potential donors to consider the overall impact of the organization’s programs. However, based on the financial metrics and oversight capabilities, Far East Broadcasting Company Inc appears to be a highly reliable nonprofit, making it a strong candidate for support.


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

Is Far East Broadcasting Company Inc legitimate?

Far East Broadcasting Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Far East Broadcasting Company 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: $581,528
Professional Fundraising Fees: $180,000
Other Salaries and Wages: $2,664,078

For more financial information, click here


Official website here: www.febc.org

What is the mission statement of Far East Broadcasting Company Inc?

Far East Broadcasting Company Inc, founded in 1945, is dedicated to spreading the message of Christianity to the world through radio and digital media. The organization's mission is to create Christian programming and discipleship initiatives for a global audience. As an international media network, FEBC grants funding to its affiliates, allowing them to broadcast throughout greater Asia. Through their media efforts, FEBC aims to bring the teachings of Christ to people around the world. The organization's work includes the development and production of radio and internet content designed to inspire and educate listeners. FEBC's reach extends beyond radio, as it also offers discipleship ministries to help individuals deepen their faith.


Official website here: www.febc.org

Who is the CEO of Far East Broadcasting Company Inc?

Edward Cannon is the President And Ceo of Far East Broadcasting Company Inc. The CEO's salary of Far East Broadcasting Company Inc is $252,231 and their total compensation is $297,729.


Official website here: www.febc.org

What is the revenue of Far East Broadcasting Company Inc?

Far East Broadcasting Company Inc's revenue in 2022 was $16,885,505.


Official website here: www.febc.org

Who are the executives of Far East Broadcasting Company Inc and what are their salaries?

The average compensation at Far East Broadcasting Company Inc during 2022 was $55,010. There are 59 employees and 60 volunteers at Far East Broadcasting Company Inc.


Here are 16 key members and their salaries (Far East Broadcasting Company Inc's CEO's salary is $252,231 and their total compensation is $297,729):


Laurie Kattner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Klausman Part Year (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nam Shiu (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Shepherd (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alynne Douglass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Ho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Keith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wauterlek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Gladney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Cannon (President And Ceo)
  • Compensation: $252,231
  • Related: $0
  • Other: $45,498
Scott Hassel (Treasurer And Cfo)
  • Compensation: $140,008
  • Related: $0
  • Other: $27,398
Cheri Carpenter (Corporate Secretary)
  • Compensation: $86,752
  • Related: $0
  • Other: $19,741
Mary K Park Executive (Director, Korean Ministrie)
  • Compensation: $138,142
  • Related: $0
  • Other: $35,113
Sandy Wilson (Director Of Development)
  • Compensation: $107,502
  • Related: $0
  • Other: $22,689
David Wollen (Vp Development)
  • Compensation: $114,034
  • Related: $0
  • Other: $29,848


Official website here: www.febc.org

Where can I find the form 990 for Far East Broadcasting Company Inc?

Far East Broadcasting Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.febc.org

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

Mission Statement of Far East Broadcasting Company Inc

Far East Broadcasting Company Inc, also known as FEBC, is a mission-driven organization that brings the message of Christ to the world through radio and other media. Established in 1945, this international media network has dedicated itself to developing and broadcasting Christian programming and discipleship ministries for a global audience.

FEBC's reach extends beyond radio waves, as it grants resources to its affiliates to broadcast throughout greater Asia. In simple terms, FEBC acts as a catalyst for spreading the Christian message across Asia through various media platforms. With a strong commitment to its mission, FEBC continues to multiply its impact, touching the lives of countless individuals with its inspiring and uplifting content.

The mission of FEBC goes beyond just broadcasting; it is about connecting people with a deeper understanding of their faith and helping them grow spiritually. Through its innovative and culturally relevant programming, FEBC reaches out to people from diverse backgrounds and languages, fostering a sense of community and unity among its listeners. Additionally, the organization offers discipleship ministries, providing opportunities for spiritual growth and development. In essence, FEBC is a beacon of hope, reaching out to the world with a message of love, compassion, and salvation.

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Impact




October, 2024

Far East Broadcasting Company Inc (FEBC) significantly impacts the global community by utilizing radio and media to disseminate Christian teachings and values. Established in 1945, FEBC operates as an international media network that caters to a diverse audience across greater Asia. By providing grants to its affiliates, FEBC empowers local broadcasters to deliver relevant content that resonates with their communities, facilitating spiritual growth and fostering discipleship.

Through its innovative programming, FEBC not only reaches those in areas with limited access to religious resources but also cultivates a sense of connection among believers. The organization's mission to bring Christ to the world emphasizes the importance of evangelism and outreach, addressing the spiritual needs of listeners and encouraging positive change in their lives. This unique blend of media and ministry positions FEBC as a vital force in promoting faith and community engagement across cultures.




This information is meant to be a general summary of Far East Broadcasting Company 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
$16,885,505 (2022)
Expenses
$14,783,271 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $230,306
  • Program Service Revenue: $2,105,582
  • Gross Receipts: $26,569,976

Assets and Liabilities:

  • Total Assets: $18,729,557
  • Total Liabilities: $3,989,318
  • Net Assets: $14,740,239

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Programs

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

Broadcast Revenue

Revenue

$2,105,582

Organization Details

Founding Year

1945

Principal Officer

Edward Cannon

Main Address

PO Box 1, La Mirada, CA, 906370001

NTEE Category

Code: X840 - Religion related

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