WORD RADIO EDUCATIONAL FOUNDATION

EIN: 020453691 501(c)(3) Religion

New Durham, NH

Total Revenue
$343,901
Total Expenses
$277,619
Total Assets
$430,643
Net Assets
$426,814
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NH
Principal Officer
Ronald R Malone
Phone
8885121846
Tax Period
2023-10-01 to 2024-09-30

WORD RADIO EDUCATIONAL FOUNDATION, founded in 1990, is a small nonprofit in the Religion sector that reported $344K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $66K, a strong 19% operating margin.

Mission

To offer instruction and training in basic life principles based on the foundation of Judeo-Christian tradition and morality through the medium of radio broadcasting.

Program Service Accomplishments

Program 1
Expenses: $277,619 Revenue: $343,901

Word Radio Educational Foundation was organized to provide a platform to establish Non-Commercial Educational Christian radio broadcasting to communities within the reach of its radio broadcasting...

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Word Radio Educational Foundation was organized to provide a platform to establish Non-Commercial Educational Christian radio broadcasting to communities within the reach of its radio broadcasting facilities which would proclaim the Gospel of Jesus Christ and teach Judeo- Christian principles for life. __WORD RADIO EDUCATIONAL FOUNDATION continues to accomplish this by its outreach through four Christian broadcasting stations and their worldwide APP. Its flagship station WSEW 88.7 FM licensed to Sanford, Maine, broadcasts to points in southern Maine, seacoast and inner regions of New Hampshire, and northeastern Massachusetts along the I-95 corridor to Boston. WORD RADIO LIFE format broadcasts on WRKJ 88.5 FM Gorham, Maine, reaching into the Westbrook-Portland area, and WWPC 91.7 FM New Durham, NH reaching the Lakes Regions of southern NH. WORD RADIO POWER format broadcasts over the region on WMEK 88.1 FM, licensed to Kennebunkport, Maine, with a potential reach of upward towards a milling listeners. ____The source to provide programming to these three formats is via microwave signals with redundant backup systems to ensure that all WORD RADIO stations operate 24/7 without interruption. Tower sites, studio and office properties are all securely monitored and fully insured. __The website for wordradio.net provides on-demand features that allow access to all programming on all stations. It includes public service announcements heard over the air and placed on the website, keeping a community of listeners connected through events and activities of interest. Security on the web is high priority and new information technology safeguards are in place. __The funding of this Program Service is comprised of donations from Individuals; Impact Partners consisting of Churches, Christian schools, Christian ministries, and Christian business owners; Program Producers, themselves being listener supported and who have a shared participation arrangement with non-commercial broadcasters providing an agreed upon percentage of their donations attributable to WORD RADIO stations. _ The accomplishment of this program represents a growing partnership of like-minded individuals and ministries working towards the common goal of spreading God's Word to the many who tune in by choice or by chance and bringing Sound Biblical Teaching between Sundays to listeners in an ever-expanding listening area.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $337,862
Program Service Revenue $0
Investment Income $39
Other Revenue $6,000
TOTAL REVENUE $343,901

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,437
Fundraising Expenses $0
Program Expenses $277,619
Other Expenses $230,182
TOTAL EXPENSES $277,619

Year-over-Year Comparison

2023 2022 Change
Revenue $343,901 $308,878 +0.1%
Expenses $277,619 $281,368 0.0%
Net Income $66,282 $27,510 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alicia Wentworth Director/ VP 0.25
Officer Director
$0 $0 $0
Michael Govey Director 0.25
Director
$0 $0 $0
John Heimann Director/ Sec-Treasurer 0.50
Officer Director
$0 $0 $0
Ronald Malone President/ Chairman 10.00
Officer Director
$0 $0 $0
Robert Ted White Director 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $343,901 $277,619 $430,643 $66,282
2023 $308,878 $281,368 $364,997 $27,510
2022 $305,961 $283,231 $338,852 $22,730
2021 $360,651 $299,389 $317,104 $61,262
2020 $297,382 $275,954 $270,494 $21,428
2019 $274,893 $300,431 $230,349 $-25,538
2018 $242,905 $263,765 $256,043 $-20,860
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