nonprofit logo

Way Media Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592659856 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Way Media Inc?

Way Media Inc, also known as WAY-FM, is a Colorado Springs-based nonprofit organization dedicated to providing encouragement and hope to people through meaningful music and open conversations. Reaching over 3 million individuals monthly, they engage through radio broadcasts, streaming channels, apps, YouTube, and websites. With a staff of 112, they offer various programs: 1) Prayer: offering a prayer website for submissions and following up with spiritual care for thousands of individuals. 2) Spiritual Care: employing four prayer and outreach pastors who provide spiritual guidance to those in need. 3) Free Bibles: distributing free Bibles to thousands of recipients, including those who are incarcerated, impoverished, or newly-exploring faith. 4) Live Events: organizing live concerts and events to connect with their communities. 5) Discipleship: offering virtual small groups and daily email devotionals, as well as sharing daily Bible verses, to promote ongoing spiritual growth.


Official website here: www.wayfm.com/

Is Way Media Inc legitimate?

Way Media Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Way Media Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $837,808
Professional Fundraising Fees: $362,410
Other Salaries and Wages: $5,322,969

For more financial information, click here


Official website here: www.wayfm.com/

What is the mission statement of Way Media Inc?

Way Media Inc, operating as WAY-FM, is dedicated to spreading the message of Jesus through culturally relevant media. With a mission to influence this generation, they reach over 3 million people each month through radio, streaming channels, apps, and websites. WAY-FM provides spiritual encouragement and hope to people facing life's challenges by sharing meaningful music and honest conversations. Their team prays for thousands of prayer requests annually, ensuring each person receives multiple responses. They distribute free Bibles to those in need and host live concerts and events to connect with the community. WAY-FM also offers spiritual growth resources, including a virtual small group and daily devotionals, and provides a live online chat for those seeking spiritual guidance. Their discipleship initiatives aim to help people deepen their faith and connect with local churches.


Official website here: www.wayfm.com/

Who is the CEO of Way Media Inc?

Tim Dukes is the Interim Ceo/President of Way Media Inc. The CEO's salary of Way Media Inc is $196,105 and their total compensation is $210,456.


Official website here: www.wayfm.com/

What is the revenue of Way Media Inc?

Way Media Inc's revenue in 2022 was $18,831,915.


Official website here: www.wayfm.com/

Who are the executives of Way Media Inc and what are their salaries?

The average compensation at Way Media Inc during 2022 was $55,007. There are 112 employees and 58 volunteers at Way Media Inc.

Here are 18 key members and their salaries (Way Media Inc's CEO's salary is $196,105 and their total compensation is $210,456):

    John Scaggs (Former Ceo (Former Officer))
  • Compensation: $285,700
  • Related: $0
  • Other: $28,528

    • Billy J O'Neal (Chief Development Officer)
  • Compensation: $203,345
  • Related: $0
  • Other: $31,930

    • Ron Harrell (Vp, Content)
  • Compensation: $200,250
  • Related: $0
  • Other: $25,938

    • Tim Dukes (Interim Ceo/President) [Trustee/Director]
  • Compensation: $196,105
  • Related: $0
  • Other: $14,351

    • James Marshall (Vp, Broadcast Operations)
  • Compensation: $167,457
  • Related: $0
  • Other: $33,214

    • Gary Wallace (Morning Show Host)
  • Compensation: $161,082
  • Related: $0
  • Other: $28,135

    • Mike Jenkins (Director, Underwriting & Sales)
  • Compensation: $137,105
  • Related: $0
  • Other: $30,917

    • Donald Taft Ayers (Business Development Director)
  • Compensation: $150,853
  • Related: $0
  • Other: $6,590

    • Zach Cochran (Regional Manager)
  • Compensation: $122,128
  • Related: $0
  • Other: $31,378

    • Michael Tedesco (Regional Manager)
  • Compensation: $125,697
  • Related: $0
  • Other: $21,827

    • Nancy Overfield (Director/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Burdsall (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curt Swindoll (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ash Greyson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Maxwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregg Capin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Battaglia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gabrielle Bosche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wayfm.com/

    Where can I find the form 990 for Way Media Inc?

    The Way Media Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wayfm.com/

    Learn more at the official website: www.wayfm.com/

    Mission Statement of Way Media Inc

    Way Media Inc, also known as WAY-FM, is a dynamic organization that operates both commercial and non-commercial Christian radio stations and a radio network. In simple terms, their mission is to influence this generation to love and follow Jesus through culturally relevant media. They strive to be a source of encouragement and hope for people facing life's challenges.

    Reaching an audience of over 3 million people each month, Way Media employs various mediums such as broadcast radio, streaming channels, the WayFM app, YouTube, and websites, WayNation.com and WayFM.com. Their content is not just limited to radio; they are actively investing in digital media to stay culturally relevant. Way Media's team prides itself on local involvement in the communities they serve and their commitment to ministry, both on the airwaves and behind the scenes.

    Way Media's mission is brought to life through several impactful programs. Their first initiative is to point people to Jesus through meaningful music and honest conversation, both on the radio and digitally. They provide a platform for prayer requests, ensuring each request is prayed for multiple times. This outreach not only offers spiritual care but also encourages listeners towards involvement in a local church.

    Way Media offers a free Bible to anyone who requests one, with approximately 5,000 Bibles mailed each year. They cater to various demographics including those who are incarcerated, impoverished, or seeking faith. Additionally, they host live concerts and events throughout the year to engage with their community and promote spiritual growth.

    Another program, the World's Biggest Small Group, is a virtual small group designed to help people grow in their faith. Participants receive a daily email devotional with spiritual themes, and well-known personalities and influencers join to share their personal stories. Way Media also shares a daily Bible verse on the radio and offers it via email, making spiritual growth accessible to all.

    Way Media's 24/7 chat is an online platform where people can chat with someone who cares to help answer questions and provide spiritual guidance and encouragement. This tool is an effective evangelistic tool, offered in cooperation with Groundwire Ministries.

    Impact

    This information is meant to be a general summary of Way Media Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Way Media Inc's impact is profound and far-reaching, with a strong focus on providing encouragement, hope, and spiritual support to millions of individuals each month. Through its operation of commercial and non-commercial WAY-FM Christian radio stations and network, Way Media Inc reaches over 3 million people monthly through various platforms like broadcast radio, streaming channels, and digital media.

    The organization's mission revolves around pointing people to Jesus through meaningful music, honest conversation, and providing spiritual care. This is evident in their various programs, including hosting a prayer website, offering free Bibles to those in need, organizing live concerts and events, and facilitating ongoing spiritual growth through initiatives like the World's Biggest Small Group.

    Way Media Inc's impact extends beyond just broadcasting, as they actively engage with communities, pray for thousands of requests, and offer spiritual guidance through their 24/7 chat service. By investing in digital media and staying culturally relevant, Way Media Inc continues to make a significant difference in the lives of individuals seeking strength, joy, and connection to their faith.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $630,628
  • Program Service Revenue: $2,764,352
  • Gross Receipts: $19,046,560

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Broadcast Revenue

    Revenue

    $2,141,829

    Concert Series Revenue

    Revenue

    $401,249

    Organization Details

    Founding Year

    1985

    Principal Officer

    Tim Dukes

    Main Address

    4820 Centennial Blvd Suite 115, Colorado Springs, CO, 80919

    NTEE Category

    Code: X840 - Religion related

    If you are a representative of Way Media Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.