Roanoke Valley Communications Inc
- Assets
- $137.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Goldsboro, NC
- Founding
- 11/1997
- Data as of
- 09/2021
- EIN
- 56-2030194
Organization Overview
Roanoke Valley Communications Inc is located in Goldsboro, NC. The organization was established in 1997. 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. Roanoke Valley Communications 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 09/2021, Roanoke Valley Communications Inc generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $17.0k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (23.3%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
WE PROVIDE AN EDUCATIONAL AND CULTURAL PROGRAMMING OUTREACH TO THE PUBLIC BY THE OPERATION OF A NON-COMMERCIAL COMMUNITY FUNDED RADIO STATION. WE SERVE THE PUBLIC INTEREST WITH NEWS, WEATHER, ENTERTAINMENT, PLUS WE ARE AN OUTLET FOR AIRING LOCAL ITEMS OF INTEREST. WE ARE FUNDED BY LOCAL DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Worthington President | 10 | $0 | |
Jason Sherman Trustee | 5 | $0 | |
Ashley Lovett Secretary-Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,300 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,286 |
| Professional fees and other payments to independent contractors | $1,830 |
| Occupancy, rent, utilities, and maintenance | $9,804 |
| Printing, publications, postage, and shipping | $56 |
| Other expenses | $22 |
| Total expenses | $16,998 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,615 |
| Other assets | $0 |
| Total assets | $137,253 |
| Total liabilities | $1,727 |
| Net assets or fund balances | $135,526 |
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|---|---|---|
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Appalachian Educational Communication Corp Blountville, TN | $225,666 | $561,529 |
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Crosstown Radio Partnership Inc Memphis, TN | $105,691 | $441,248 |
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