Wfca Radio Inc
- Assets
- $505.8k
- Revenue
- $562.8k
- Investments
- $0.0
- Employees
- 17
- Location
- French Camp, MS
- Founding
- 03/1983
- Data as of
- 05/2021
- EIN
- 64-0665916
Organization Overview
Wfca Radio Inc is located in French Camp, MS. The organization was established in 1983. 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 05/2022, Wfca Radio Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wfca 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 05/2021, Wfca Radio Inc generated $562.8k 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 (3.7%) each year. All expenses for the organization totaled $399.6k during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 6 years. 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
THE PRIMARY EXEMPT PURPOSE OF FRENCH CAMP RADIO, INC. IS TO OPERATE A COMMERCIAL FM RADIO STATION WITH A NON-SECTARIAN RELIGIOUS FORMAT TO OFFER, PROMULGATE AND TO DISSEMINATE THROUGH THE RADIO BROADCAST MEDIA, WORTHWHILE PRESENTATION OF A DIVERSE NATURE WHICH SHALL PROVIDE EDUCATIONAL, CIVIC, CULTURAL AND SPIRITUAL ENLIGHTMENT AND ENRICHMENT TO THE PUBLIC; TO CREATE A BROADENING AWARENESS AMONG THE PUBLIC OF THE POSSIBILITY OF CONTINUING SELF-GROWTH AND FULFILLMENT IN A BETTER QUALITY OF LIFE THROUGH REGULAR EXPOSURE TO THE BEST EXAMPLE OF MUSICAL COMPOSITION, DISCUSSION IN LECTURES AFFORDED BY CIVILIZATION TODAY; TO FOSTER UNDERSTANDING OF A GOVERNMENTAL, EDUCATIONAL, CULTURAL, AND RELIGIOUS ACTIVITIES ON THE LOCAL, NATIONAL, AND INTERNATIONAL LEVELS; TO ACT AS A LINK AMONG EXISTING CULTURAL, CIVIC, AND RELIGIOUS ORGANIZATIONS BY REPORTING OF NEWS AND INFORMATION ABOUT THEM TO EACH OTHER AND TO THE GENERAL PUBLIC WITHIN THE AREA TO BE SERVED BY THIS NON-PROFIT STATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN FM RADIO STATION WITH A NON-SECTARIAN RELIGIOUS FORMAT; BROADCAST AREA HAS A POPULATION OF APPROXIMATELY 300,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Bentley Station Manager | Officer | 40 | $54,765 |
F Stewart Edwards Jr President | Officer | 1 | $0 |
Bruce Hosket Vice President | Officer | 1 | $0 |
J Lance Ragsdale Vice President | Officer | 1 | $0 |
R Stephen Ulerich CFO | Officer | 1 | $0 |
Carey Hauenstein Trustee | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,417 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,317 |
| Total Program Service Revenue | $5,005 |
| Investment income | $1,225 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,368 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $562,799 |
| 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. | $57,375 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,986 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,254 |
| Payroll taxes | $15,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,930 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,561 |
| Travel | $7,694 |
| 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 | $23,186 |
| Insurance | $1,277 |
| All other expenses | $800 |
| Total functional expenses | $399,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,022 |
| Savings and temporary cash investments | $321,548 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,262 |
| 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 | $43,651 |
| Investments—publicly traded securities | $88,307 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $505,790 |
| Accounts payable and accrued expenses | $5,793 |
| 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 | $5,793 |
| Net assets without donor restrictions | $499,997 |
| 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 | $505,790 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Family Association Inc Tupelo, MS | $53,666,287 | $31,046,881 |
Family Stations Inc Franklin, TN | $96,805,715 | $8,074,278 |
Lifeword Broadcast Ministries Conway, AR | $4,911,390 | $2,038,339 |
Catholic Community Radio Inc Baton Rouge, LA | $877,851 | $559,056 |
Archangel Communications Fairhope, AL | $635,232 | $463,224 |
Wfca Radio Inc French Camp, MS | $505,790 | $562,799 |
Family Life Education Foundation Shreveport, LA | $172,957 | $399,672 |
Alabama Christian Radio Inc Opelika, AL | $139,159 | $340,204 |
Christian Productions International Hendersonville, TN | $123,959 | $301,163 |
Talents Foundation Inc Carencro, LA | $981,826 | $141,351 |
Association Of Missionary Baptist Broadcasters Hendersonvlle, TN | $597,506 | $204,223 |
Progressive Media Inc Knoxville, TN | $0 | $143,860 |