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Edgewater Broadcasting Inc

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

EIN: 651176946 ✦ Twin falls, ID ✦ Designated as a 501(c)(3)

Overview

What is Edgewater Broadcasting Inc?

Edgewater Broadcasting Inc was a nonprofit organization based in Twin Falls, Idaho, known for providing Christian radio talk and music under the Freedom Radio FM network until November 2019. In 2019, the organization initiated a process to distribute its assets to Radio by Grace, Inc., a fellow 501(c)(3) nonprofit, as per a donation agreement signed in 2018, which was later amended in 2019, 2020, and 2021. Following this agreement, Edgewater Broadcasting Inc ceased its operations and programs in 2020, and subsequently, it was in the process of liquidating its assets to contribute to Radio by Grace, Inc., in accordance with its bylaws and mission purpose.


Is Edgewater Broadcasting Inc legitimate?

Edgewater Broadcasting Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgewater Broadcasting 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Edgewater Broadcasting Inc?
Who is the CEO of Edgewater Broadcasting Inc?
What is the revenue of Edgewater Broadcasting Inc?
Who are the executives of Edgewater Broadcasting Inc and what are their salaries?
Where can I find the form 990 for Edgewater Broadcasting Inc?

Mission Statement of Edgewater Broadcasting Inc

Edgewater Broadcasting Inc, a nonprofit organization, had a unique mission. Initially, it focused on providing Christian radio talk and music through the Freedom Radio FM network. However, starting in 2019, the organization initiated a process of distributing its assets to a fellow 501(c)(3) nonprofit organization, Radio by Grace, Inc. This was in accordance with a donation agreement executed in 2018, which was subsequently amended in 2019, 2020, 2021, and 2022.

This shift in mission was a significant one for Edgewater Broadcasting Inc. It ceased its programs and operations during 2020 and entered the phase of liquidating its assets to contribute to Radio by Grace, Inc. This contribution was in line with the organization's bylaws and mission purpose. Edgewater Broadcasting Inc's decision to liquidate its assets and contribute to Radio by Grace, Inc. was driven by a shared vision and a desire to support another nonprofit organization that aligns with its values and mission. The organization's assets, once liquidated, would contribute to the ongoing work and mission of Radio by Grace, Inc.

Impact

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




Wednesday, July 24, 2024

Edgewater Broadcasting Inc's impact lies in its provision of Christian radio talk and music through the branded radio network of Freedom Radio FM until November 2019. Following this, the organization initiated a process to distribute its assets to another 501(c)(3) organization, Radio By Grace, Inc., pursuant to a donation agreement executed in 2018 and subsequently amended in 2019, 2020, 2021, and 2022. This process involved the cessation of programs and operations in 2020 and the liquidation of assets to contribute to Radio By Grace, Inc., aligning with Edgewater Broadcasting Inc's bylaws and mission purpose. The organization's impact primarily centered on its role in supporting Christian content dissemination through radio broadcasting, ultimately redirecting its resources to further the mission through its beneficiary organization.





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: $241,500
  • Program Service Revenue: $12,325
  • Gross Receipts: $708,035

    • Assets and Liabilities:
  • Total Assets: $172,161
  • Total Liabilities: $11,233
  • Net Assets: $160,928
  • Programs

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

    PROGRAMMER SHARES

    Revenue

    $6,632

    RECOVERY OF BAD DEBTS

    Revenue

    $5,693

    Organization Details

    Founding Year

    2004

    Principal Officer

    John Devine

    Main Address

    PO BOX J, TWIN FALLS, ID, 83303

    NTEE Category

    Code: X84 - Religion related

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