Educational Media Corp
- Assets
- $1.3m
- Revenue
- $139.0k
- Investments
- $899.2k
- Employees
- 0
- Location
- Spotsylvania, VA
- Founding
- 07/1983
- Data as of
- 12/2021
- EIN
- 54-1218818
Organization Overview
Educational Media Corp is located in Spotsylvania, VA. The organization was established in 1983. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, 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. Educational Media Corp 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, Educational Media Corp generated $139.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $209.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Stover President | 40 | $94,332 | |
Sarah Lync Secretary Treasurer | 1 | $1,702 | |
Adam Stover Vice President | 2 | $0 | |
Michael Taylor Board Member | 1 | $0 | |
Jerry Logan Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,737 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $103,978 |
| Capital Gain Net Income | $103,978 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $265 |
| Total Revenue | $138,980 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $96,034 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $13,785 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $8,195 |
| Occupancy | $30,781 |
| Travel, conferences, and meetings | $19,516 |
| Printing and publications | $0 |
| Other expenses | $38,330 |
| Total operating and administrative expenses | $209,451 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $209,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,640 |
| Savings and temporary cash investments | $10,322 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $254,800 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,320,956 |
| Accounts payable and accrued expenses | $13,808 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,808 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Cable Satellite Corporation Washington, DC | $200,978,087 | $63,760,168 |
Close Up Foundation Arlington, VA | $14,345,080 | $29,947,664 |
Avixa Inc Fairfax, VA | $46,265,745 | $24,073,364 |
Vpm Media Corporation Richmond, VA | $41,400,162 | $23,558,151 |
States Newsroom Chapel Hill, NC | $13,800,464 | $21,635,211 |
American Journalism Project Inc Washington, DC | $31,017,201 | $25,103,494 |
Wireless Infrastructure Association Arlington, VA | $5,735,220 | $13,503,985 |
Computer And Communications Industry Association Washington, DC | $22,913,762 | $13,219,537 |
National Propane Gas Association Inc Washington, DC | $13,626,002 | $7,831,791 |
The Landmark Foundation Norfolk, VA | $109,541,807 | $6,787,493 |
Memphis Fourth Estate Inc Memphis, TN | $2,591,759 | $5,585,999 |
Mid-South Public Communications Foundation Cordova, TN | $12,673,070 | $6,880,659 |