Radio Hatteras Incorporated
- Assets
- $96.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, NC
- Founding
- 12/2012
- Data as of
- 12/2021
- EIN
- 26-1135822
Organization Overview
Radio Hatteras Incorporated is located in Frisco, NC. The organization was established in 2012. 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. Radio Hatteras Incorporated 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, Radio Hatteras Incorporated generated $22.0k 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 (3.7%) each year. All expenses for the organization totaled $12.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE ISLAND SPECIFIC BROADCAST RADIO COMMUNICATIONS TO HATTERAS ISLAND ON A NON-PROFIT BASIS THAT ENHANCES THE SAFETY AND QUALITY OF LIFE OF ISLAND RESIDENTS ANDVISITORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Oden Vice President | 1 | $0 | |
Mary Helen Goodloe-Murphy Secretary | 6 | $0 | |
Mike Hennessey President | 10 | $0 | |
Carol Oneal Treasurer | 3 | $0 | |
Jane S Grimm Board Member | 1 | $0 | |
Lou Browning Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,640 |
| Total Program Service Revenue | $8,800 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,570 |
| Other Revenue | $0 |
| Total Revenue | $22,010 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $671 |
| Occupancy, rent, utilities, and maintenance | $1,165 |
| Printing, publications, postage, and shipping | $3,942 |
| Other expenses | $6,908 |
| Total expenses | $12,686 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,499 |
| Other assets | $0 |
| Total assets | $96,147 |
| Total liabilities | $0 |
| Net assets or fund balances | $96,147 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Radio Hatteras Incorporated has recieved totaling $1,007.
| Awarding Organization | Amount |
|---|---|
Hatteras Village Civic Association Inc Hatteras, NC PURPOSE: COMM RADIO FOR EMER INFO NEWS WEATHER | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashville Public Radio Nashville, TN | $20,343,495 | $8,092,094 |
University Radio Foundation Inc Charlotte, NC | $8,466,410 | $8,498,776 |
Positive Alternative Radio Inc Blacksburg, VA | $12,105,265 | $8,585,071 |
Western North Carolina Public Radio Inc Asheville, NC | $3,491,277 | $3,010,198 |
Radioloy Business Management Association Fairfax, VA | $1,925,758 | $2,363,822 |
Country Radio Broadcasters Inc Nashville, TN | $4,104,415 | $2,602,863 |
Friends Of Public Radio Inc Wilmington, NC | $2,458,676 | $1,718,286 |
Educational Information Corporation Wcpe Radio Wake Forest, NC | $10,059,393 | $1,795,992 |
Appalachian Educational Communication Corp Blountville, TN | $225,666 | $561,529 |
North Carolina Alliance For Public Charter Schools Raleigh, NC | $346,869 | $544,910 |
Crosstown Radio Partnership Inc Memphis, TN | $105,691 | $441,248 |
The Software Defined Radio Forum Inc Reston, VA | $795,838 | $578,782 |