TRI-CITIES BROADCASTING FOUNDATION

EIN: 465018814 501(c)(3) Arts, Culture & Humanities

GRAND HAVEN, MI

Total Revenue
$234,612
Total Expenses
$217,720
Total Assets
$144,350
Net Assets
$121,068
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MI
Principal Officer
ERIC R KAELIN
Phone
6164029661
Tax Period
2024-04-01 to 2025-03-31

TRI-CITIES BROADCASTING FOUNDATION, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $235K in total revenue in fiscal year 2024. Expenses of $218K left a modest 7% surplus.

Mission

WE ARE A NON-PROFIT EDUCATION INSTITUTION. OUR MISSION IN PART IS TO PROVIDE EDUCATIONAL DIRECTION IN THE BROADCASTING FIELD TO HELP FOSTER NEW BROADCASTING CAREERS FOR THE RESIDENTS OF WEST MICHIGAN. IN CONJUNCTION THEREWITH, WE WILL PROVIDE 24 HOUR A DAY FREE LOCAL RADIO FOR THE COMMUNITY WE SERVE, BUT ALSO WILL PROVIDE EDUCATIONAL PROGRAMMING WITH RESPECT TO BROADCASTING AS A CAREER. AS A PART THEREOF, WE INTEND TO PROVIDE INDEPENDENT COMMUNITY RADIO TO CITIZENS THROUGH COMMUNITY EDUCATIONAL PROGRAMMING, LOCAL MUSIC ARTISTS NOT CURRENTLY OFFERED BY COMMERCIAL STATIONS, PUBLIC SERVICE ANNOUNCEMENTS, LOCAL NEWS, FEATURE PROGRAMS, INTERVIEWS BY ASPIRING BROADCASTERS, LOCAL SPORTS, WEATHER AND SPIRITUAL PROGRAMMING THAT ARE RESPONSIVE TO THE NEEDS OF THE LOCAL COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $195,345
Program Service Revenue $0
Investment Income $1,488
Other Revenue $37,779
TOTAL REVENUE $234,612

Expense Breakdown

Grants Paid $0
Salaries & Benefits $99,142
Fundraising Expenses $0
Program Expenses $202,037
Other Expenses $118,578
TOTAL EXPENSES $217,720

Year-over-Year Comparison

2024 2023 Change
Revenue $234,612 $231,020 +0.0%
Expenses $217,720 $219,142 0.0%
Net Income $16,892 $11,878 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
3
Employees
1
Volunteers
8

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
$92,097
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC R KAELIN PRESIDENT 80.00
Officer
$92,097 $0 $92,097
AMANDA D KAELIN SECRETARY 20.00
Officer Director
$0 $0 $0
FLOYD FONTE TREASURER 17.00
Officer Director
$0 $0 $0
VERONDA CUTTLE DIRECTOR 3.00
Director
$0 $0 $0
JP HUNTINGTON DIRECTOR 3.00
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 $234,612 $217,720 $144,350 $16,892
2024 $231,020 $219,142 $132,261 $11,878
2023 $267,697 $217,877 $124,219 $49,820
2022 $204,495 $226,797 $86,396 $-22,302
2021 $188,736 $160,665 $121,715 $28,071
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