Wpeo Radio Foundation Inc
- Assets
- $197.2k
- Revenue
- $362.7k
- Investments
- $0.0
- Employees
- 5
- Location
- East Peoria, IL
- Founding
- 02/2014
- Data as of
- 12/2021
- EIN
- 45-4029467
Organization Overview
Wpeo Radio Foundation Inc is located in East Peoria, IL. The organization was established in 2014. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Wpeo Radio Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wpeo Radio Foundation 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 12/2021, Wpeo Radio Foundation Inc generated $362.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $497.4k 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
RELIGIOUS AND EDUCATIONAL BROADCASTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN AND EDUCATIONAL BROADCASTING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Scott Secretary/treasurer | OfficerTrustee | 40 | $45,220 |
Robert Ulrich President | OfficerTrustee | 0.25 | $6,500 |
Julie Wieland Vice President | OfficerTrustee | 0.25 | $0 |
John Wieland Director | Trustee | 0.25 | $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 | $34,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,013 |
| Total Program Service Revenue | $328,693 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $362,706 |
| 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. | $51,720 |
| Compensation of current officers, directors, key employees. | $51,720 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,911 |
| Pension plan accruals and contributions | $5,424 |
| Other employee benefits | $0 |
| Payroll taxes | $15,057 |
| 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 | $0 |
| Office expenses | $21,620 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,192 |
| Travel | $14,976 |
| 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 | $16,636 |
| Insurance | $23,719 |
| All other expenses | $1,931 |
| Total functional expenses | $497,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,648 |
| 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 | $166,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,219 |
| 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 | $197,219 |
| 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 | $197,219 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wpeo Radio Foundation Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: ARTS, MEDIA, AND CULTURE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sonset Solutions Inc Elkhart, IN | $3,460,253 | $2,234,092 |
St Gabriel Communications West Des Moines, IA | $1,871,231 | $1,205,092 |
Fort Wayne Catholic Radio Group Inc Fort Wayne, IN | $1,612,895 | $1,190,616 |
Calvary Radio Network Valparaiso, IN | $565,390 | $862,881 |
F M 90 1 Inc Upton, KY | $699,360 | $693,429 |
Inter Mirifica Inc Indianapolis, IN | $1,698,778 | $443,503 |
Wpeo Radio Foundation Inc East Peoria, IL | $197,219 | $362,706 |
Saint Gabriel Communications Ltd Sioux City, IA | $1,655,379 | $338,338 |
Pure Word Communications Cape Girardeau, MO | $697,837 | $298,137 |
Christian Radio International Inc Crown Point, IN | $389,688 | $377,600 |
Key Of David Ministries Non Proft Organization Cedarburg, WI | $3,609 | $269,768 |
Beachglass Ministries Inc Port Washington, WI | $215,465 | $216,760 |