Grand River Valley Radio
- Assets
- $302.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Murray, IA
- Founding
- 12/2009
- Data as of
- 12/2023
- EIN
- 26-1200184
Organization Overview
Grand River Valley Radio is located in Murray, IA. The organization was established in 2009. 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. Grand River Valley Radio 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 12/2023, Grand River Valley Radio generated $49.0k 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 (3.1%) each year. All expenses for the organization totaled $25.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 7 years. 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
2023
Describe the Organization's Program Activity:
Part 3
A NONCOMMERCIAL EDUCATIONAL BROADCAST STATION HAS BEEN ESTABLISHED AND IS NOW BROADCASTING ACCORDING TO ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ellen Kimball Director | 0 | $0 | |
Pennie Cheers Director | 0 | $0 | |
Angie Hynek Secretary | 0 | $0 | |
Bill Hynek Treasurer | 0 | $0 | |
Joe Hynek President & CEO | 0 | $0 | |
Margorie Perry Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,570 |
| Total Program Service Revenue | $47,414 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,984 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,046 |
| Total expenses | $25,046 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,476 |
| Other assets | $0 |
| Total assets | $302,063 |
| Total liabilities | $9,308 |
| Net assets or fund balances | $292,755 |