Wrvm INC FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

Broadcasting religious, educational and agricultural programs for listener's benefit.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$92K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $32K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$92K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$62K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$993K
Spent
$1.0M
To programs
72%
Net assets
$1.7M
By yearFY2020–FY2024
Revenue
$993K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$993K
FY2021$1.1M
FY2022$1.2M
FY2023$1.5M
FY2024$1.3M
Expenses
$1.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$1.0M
FY2022$1.2M
FY2023$1.3M
FY2024$1.4M
Net assets
$1.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$1.8M
FY2022$1.8M
FY2023$1.9M
FY2024$1.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1970.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $727K Management & general 26% · $257K Fundraising 2% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990; $92K paid to officers and key staff.

Part VII, Section A · reportable compensation
General Manager
$91,927Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Michael Cornell$102,437$97,872$91,927

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Wrvm INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Broadcasts religious, educational, and agricultural programs to benefit listeners.

Questions for Wrvm INC

Tap to ask. Wrvm INC sees how many people are interested.

Your first name shows with your question. Wrvm INC answers here, for everyone.

1 program · $727K · in their own filed words · FY2020
01

Radio broadcasting of christian programming, bible teaching and christian music

$727Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$993K
Ln 12
Gifts and grantsLn 1h$609K
Fees for servicesLn 2g$289K
Other incomeLn 4–11$87K
Money outPt IX
$1.0M
Ln 25
Programscol B$727K
Managementcol C$257K
Fundraisingcol D$20K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$379K
Total assetsLn 16$1.8M
LiabilitiesLn 26$62K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$609K
Fees for servicesLn 2g$289K
Investment incomeLn 3$8K
Other incomeLn 4–11$87K
Gains on assetsLn 7$4K
Total revenueLn 12$993K
Assets in detailPt X, end of year
CashLn 1$80K
SavingsLn 2$299K
Cash and savings togetherLn 1–2$379K
Accounts receivableLn 4$24K
Prepaid expenses and deferred chargesLn 9$14K
Land, buildings, equipmentLn 10c$728K
InvestmentsLn 11–13$181K
Other assetsLn 15$427K
Total assetsLn 16$1.8M
LiabilitiesLn 26$62K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 513
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$447K$379K
InvestmentsLn 11–13$160K$181K
Land, buildings, equipmentLn 10c$679K$728K
Total assetsLn 16$1.7M$1.8M
LiabilitiesLn 26$68K$62K
Net assetsLn 32$1.7M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$500$500
Pay of current officers, directors and key staffLn 5$102K$20K$71K$10K
Other salaries and wagesLn 7$379K$293K$83K$3K
Pension plan contributionsLn 8$21K$16K$5K$173
Other employee benefitsLn 9$30K$22K$8K$449
Payroll taxesLn 10$37K$24K$11K$963
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$319$319
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$7K$6K$746$746
Office expensesLn 13$25K$17K$8K$363
Information technologyLn 14$8K$4K$3K$98
OccupancyLn 16$112K$95K$15K$1K
TravelLn 17$4K$3K$1K
Depreciation, depletion and amortizationLn 22$65K$42K$23K
InsuranceLn 23$27K$21K$6K$466
Other expenses (24a–d)Ln 24$144K$140K$2K$2K
All other expensesLn 24e$27K$17K$10K
Total functional expensesLn 25$1.0M$727K$257K$20K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 28, 2025 $1.3M$1.4M−$82K$1.8M 990 PDF
FY2023Filed with the IRS Mar 3, 2025 $1.5M$1.3M$169K$1.9M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $1.2M$1.2M$32K$1.8M 990 PDF
FY2021Filed with the IRS Oct 26, 2022 $1.1M$1.0M$52K$1.8M 990 PDF
FY2020 ViewingFiled with the IRS Oct 14, 2021 $993K$1.0M−$11K$1.7M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $993,144 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $634,083$608,710
I-9 Program service revenuePrior year $408,224$289,315
I-10 Investment incomePrior year $5,439$8,082
I-11 Other revenuePrior year $76,140$87,037
I-12 Total revenuePrior year $1,123,886$993,144
I-13 Grants and similar amounts paidPrior year $5,572$500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $593,508$568,987
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $536,010$434,322
I-18 Total expensesPrior year $1,135,090$1,003,809
I-19 Revenue less expensesPrior year −$11,204−$10,665
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $993,144 across 8 lines filed
VIII-1f All other contributions, gifts and grants$608,710
VIII-1h Total contributions, gifts and grants$608,710
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $289,315$289,315
VIII-3 Investment incomeExcluded from tax $3,938$3,938
VIII-6 Net rental income or lossUnrelated business $78,452 · Excluded from tax $6,050$84,502
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,144$4,144
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,535$2,535
VIII-12 Total revenueRelated to mission $289,315 · Unrelated business $78,452 · Excluded from tax $16,667$993,144
Part IX · Statement of functional expenses $1,003,809 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $500$500
IX-5 Pay of current officers, directors and key staffPrograms $20,334 · Management $71,177 · Fundraising $10,169$101,680
IX-7 Other salaries and wagesPrograms $293,352 · Management $82,961 · Fundraising $3,186$379,499
IX-8 Pension plan contributionsPrograms $16,178 · Management $4,557 · Fundraising $173$20,908
IX-9 Other employee benefitsPrograms $22,119 · Management $7,633 · Fundraising $449$30,201
IX-10 Payroll taxesPrograms $24,268 · Management $11,468 · Fundraising $963$36,699
IX-11b Legal feesPrograms $1,035$1,035
IX-11c Accounting feesManagement $9,030$9,030
IX-11f Investment management feesManagement $319$319
IX-11g Other fees for servicesPrograms $3,716$3,716
IX-12 Advertising and promotionPrograms $5,968 · Management $746 · Fundraising $746$7,460
IX-13 Office expensesPrograms $16,600 · Management $8,129 · Fundraising $363$25,092
IX-14 Information technologyPrograms $4,461 · Management $3,058 · Fundraising $98$7,617
IX-16 OccupancyPrograms $95,463 · Management $15,498 · Fundraising $1,285$112,246
IX-17 TravelPrograms $2,564 · Management $1,418$3,982
IX-22 Depreciation, depletion and amortizationPrograms $41,846 · Management $23,465$65,311
IX-23 InsurancePrograms $21,320 · Management $5,618 · Fundraising $466$27,404
IX-24 Other expenses (24a–d)Programs $139,827 · Management $1,921 · Fundraising $1,920$143,668
IX-24e All other expensesPrograms $17,304 · Management $10,138$27,442
IX-25 Total functional expensesPrograms $726,855 · Management $257,136 · Fundraising $19,818$1,003,809
Part X · Balance sheet $1,752,998 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $115,596$80,240
X-2 Savings and temporary cash investmentsStart of year $331,233$298,584
X-4 Accounts receivableStart of year $22,017$23,851
X-9 Prepaid expenses and deferred chargesStart of year $14,200$14,200
X-10c Land, buildings and equipment, netStart of year $679,365$728,219
X-12 Other securitiesStart of year $159,830$181,248
X-15 Other assetsStart of year $427,263$426,656
X-16 Total assetsStart of year $1,749,504$1,752,998
X-17 Accounts payable and accrued expensesStart of year $54,835$47,730
X-19 Deferred revenueStart of year $12,895$14,113
X-26 Total liabilitiesStart of year $67,730$61,843
X-27 Net assets without donor restrictionsStart of year $1,550,140$1,660,637
X-28 Net assets with donor restrictionsStart of year $131,634$30,518
X-32 Total net assets or fund balancesStart of year $1,681,774$1,691,155
X-33 Total liabilities and net assetsStart of year $1,749,504$1,752,998
Part XI · Reconciliation of net assets $1,691,155 net assets at year end
XI-1 Total revenue$993,144
XI-2 Total expenses$1,003,809
XI-3 Revenue less expenses−$10,665
XI-4 Net assets at start of year$1,681,774
XI-5 Net unrealized gains (losses) on investments$20,046
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,691,155

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.