Penn Jersey Educational Radio Corp
- Assets
- $1.3m
- Revenue
- $214.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Sergeantsville, NJ
- Founding
- 05/1991
- Data as of
- 12/2021
- EIN
- 22-2871845
Organization Overview
Penn Jersey Educational Radio Corp is located in Sergeantsville, NJ. The organization was established in 1991. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Penn Jersey Educational Radio Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Penn Jersey Educational Radio Corp generated $214.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $229.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A NON-COMMERCIAL FM RADIO STATION AND TRAIN VOLUNTEERS INTERESTED IN BROADCASTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED A NON-COMMERCIAL FM RADIO STATION AND TRAINED VOLUNTEERS INTERESTED IN BROADCASTING, PROGRAMMING BENEFITED THE ENTIRE COMMUNITY. THOSE TRAINED WERE GIVEN ON-AIR EXPERIENCE. THE STATION FEATURES MUSIC, NEWS AND INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Wick Secretary/vp | OfficerTrustee | 2 | $0 |
Charles Loughery Vice Preside | OfficerTrustee | 2 | $0 |
Lavina Slawinski Trustee, Pre | OfficerTrustee | 2 | $0 |
Robert Cull Trustee | Trustee | 2 | $0 |
Walter Haake Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,037 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,037 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,180 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $214,217 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $92,250 |
| Advertising and promotion | $3,209 |
| Office expenses | $26,051 |
| Information technology | $616 |
| Royalties | $0 |
| Occupancy | $38,489 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,480 |
| Insurance | $9,540 |
| All other expenses | $1,039 |
| Total functional expenses | $229,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,320 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $986,653 |
| Investments—publicly traded securities | $902 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $121,868 |
| Total assets | $1,314,743 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,314,743 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,314,743 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Penn Jersey Educational Radio Corp has recieved totaling $1,150.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $650 |
Norman Raab Foundation Seattle, WA PURPOSE: ARTS AND CULTURE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Public Radio New York, NY | $128,472,893 | $81,924,982 |
Wamc Albany, NY | $11,819,867 | $7,774,367 |
Pittsburgh Community Broadcasting Corporation Pittsburgh, PA | $14,757,742 | $7,221,398 |
Futuro Media Group New York, NY | $3,357,406 | $5,947,446 |
Radio Kingston Corp Kingston, NY | $13,807,163 | $9,634,133 |
Newark Public Radio Inc Newark, NJ | $5,566,802 | $5,558,972 |
Auricle Communications Jersey City, NJ | $6,547,591 | $2,964,645 |
Radio Ambulante Studios Inc New York, NY | $688,433 | $1,869,145 |
Four Rivers Community Broadcasting Corporation Harleysville, PA | $5,233,396 | $1,844,521 |
Childrens Radio Foundation New York, NY | $112,126 | $1,170,819 |
Delaware First Media Corporation Dover, DE | $420,310 | $885,007 |
Wave Farm Inc Acra, NY | $1,255,039 | $836,950 |