Valley Eye Radio Inc
- Assets
- $133.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MA
- Founding
- 08/2008
- Data as of
- 06/2022
- EIN
- 26-2305426
Organization Overview
Valley Eye Radio Inc is located in Springfield, MA. The organization was established in 2008. 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. Valley Eye Radio Inc 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 06/2022, Valley Eye Radio Inc generated $162.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $167.4k during the year ending 06/2022. While expenses have increased by 13.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE CURRENT EVENTS AND ITEMS OF INTEREST FOR VISION IMPAIRED INDIVIDUALS VIA RADIO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara P Loh Executive Director | 32 | $50,000 | |
Joshua Clark Director | 2 | $0 | |
James Foard Jr Director | 2 | $0 | |
Ellen Berry President | 5 | $0 | |
Diane Hirtle Director | 2 | $0 | |
Teresa Wilson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,530 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $203 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $162,733 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $122,527 |
| Professional fees and other payments to independent contractors | $11,350 |
| Occupancy, rent, utilities, and maintenance | $17,557 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,948 |
| Total expenses | $167,382 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,206 |
| Other assets | $0 |
| Total assets | $133,406 |
| Total liabilities | $5,113 |
| Net assets or fund balances | $128,293 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Valley Eye Radio Inc has recieved totaling $60,600.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: COVID-19 RESPONSE FUND AWARD; OPERATING | $30,300 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: COVID-19 RESPONSE FUND AWARD; OPERATING | $30,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Public Radio New York, NY | $128,472,893 | $81,924,982 |
Prx Incorporated Cambridge, MA | $8,096,809 | $28,163,889 |
American Radio Relay League Inc Newington, CT | $43,746,662 | $15,484,740 |
New England Public Media Inc Springfield, MA | $13,528,339 | $7,013,590 |
Vermont Public Radio Colchester, VT | $31,702,879 | $9,993,352 |
New Hampshire Public Radio Inc Concord, NH | $10,049,222 | $7,801,346 |
Wamc Albany, NY | $11,819,867 | $7,774,367 |
Fm Global Foundation Johnston, RI | $37,635,282 | $30,490,175 |
Futuro Media Group New York, NY | $3,357,406 | $5,947,446 |
New Hampshire Public Broadcasting Durham, NH | $9,893,700 | $7,419,552 |
Radio Kingston Corp Kingston, NY | $13,807,163 | $9,634,133 |
Radio Ambulante Studios Inc New York, NY | $688,433 | $1,869,145 |