Media Network Of Waterford Covert Center
- Assets
- $73.0k
- Revenue
- $286.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Waterford, MI
- Founding
- 09/2000
- Data as of
- 12/2021
- EIN
- 38-3443828
Organization Overview
Media Network Of Waterford Covert Center is located in Waterford, MI. The organization was established in 2000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Media Network Of Waterford Covert Center employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Media Network Of Waterford Covert Center 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, Media Network Of Waterford Covert Center generated $286.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $235.8k during the year ending 12/2021. While expenses have increased by 11.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRODUCE NON-COMMERCIAL COMMUNITY TELEVISION SHOWS FOR THE RESIDENTS OF WATERFORD TOWNSHIP. ORGANIZATION ALSO TRAINS WATERFORD RESIDENTS ALL ASPECTS OF TELEVISION PRODUCTION FREE OF CHARGE. USE OF TELEVISION EQUIPMENT IS PROVIDED FREE OF CHARGE TO WATERFORD RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDIA NETWORK OF WATERFORD TRAINS WATERFORD RESIDENTS HOW TO PRODUCE MEDIA PROGRAMS FOR TELEVISION, INTERNET AND RADIO. WATERFORD RESIDENTS ARE ABLE TO ATTEND 4 CLASSES TEACHING ALL ASPECTS OF TELEVISION PRODUCTION. MEDIA NETWORK SUPPLIES CAMERA GEAR, MATERIALS AND INSTRUCTONS TO RESIDENTS FREE OF CHARGE. RESIDENTS CAN SIGN UP FOR ADDITIONAL TRAINNING AS NEEDED. RESIDENTS OUTSIDE OF WATERFORD TOWNSHIP MAY ALSO SIGN UP FOR CLASSES FOR A DONATION TO THE MEDIA NETWORK OF WATERFORD. TEE-SHIRTS AND DVDS OF PRODUCED MATERIALS ARE AVAILABLE TO RESIDENTS FOR A DONATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Bowren Executive Director | 40 | $54,929 | |
Denise Mcleod Operations Manager | Officer | 40 | $42,422 |
Whitney Hunt Production Coordinator | Officer | 40 | $31,098 |
Diana Casetti Production Coordinator | Officer | 32 | $9,739 |
Jeff Decker Vice Chair | Trustee | 10 | $0 |
Steve Campbell Chair | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $195,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,000 |
| Total Program Service Revenue | $4,040 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $57,444 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $286,484 |
| 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. | $148,760 |
| 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 | $41,823 |
| Payroll taxes | $534 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,027 |
| Office expenses | $4,915 |
| Information technology | $32,661 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $3,063 |
| All other expenses | $0 |
| Total functional expenses | $235,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,988 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $72,988 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $72,988 |
| 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 | $72,988 |
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|---|---|---|
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Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Chippewa Luce Macinac Comm Action Human Resource Auth Inc Sault Ste Marie, MI | $6,136,968 | $10,393,284 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |
Lansing Christian School Lansing, MI | $7,908,099 | $6,549,219 |