Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1985.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
56 cents of each dollar spent went to programs.
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
3 people listed on the 990; $64K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| James McDermott | $37,800 | $43,877 | $77,338 | $80,569 | $61,750 | — |
| James J McDermott | — | — | — | — | — | $61,725 |
| Alice McDermott | $13,800 | $23,800 | $34,800 | $35,949 | $23,590 | — |
| Alice J McDermott | — | — | — | — | — | $23,665 |
| Larry Ollison | $12,000 | $12,000 | — | — | — | — |
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 Lake Area Educational Broadcasting Foundation 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 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides internet streams and helps other nonprofits use and fund modern media.
Questions for Lake Area Educational Broadcasting Foundation
Your first name shows with your question. Lake Area Educational Broadcasting Foundation answers here, for everyone.
Operating 2 streaming radio formats. We had a listening audience of 3000 ATH per month and 30 regular supporters.
Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-1358481) · Dispute this lineProviding consultation, programming, and grants to other non-profit organizations and media ministries to help them use electronic media in the most effective means to promote their own non-profit purpose.
Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-1358481) · Dispute this linePeriodically providing fund raising opportunities and grants to organizations that provide social services, disaster relief, and other ministry.
Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-1358481) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.1M | $2.0M |
| Land, buildings, equipmentLn 10c | $406K | $410K |
| Total assetsLn 16 | $2.5M | $2.4M |
| LiabilitiesLn 26 | $3K | $6K |
| Net assetsLn 32 | $2.5M | $2.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $17K | $17K | ||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $83K | $28K | $54K | $756 |
| Other salaries and wagesLn 7 | $5K | $5K | ||
| Other employee benefitsLn 9 | $12K | $12K | ||
| Payroll taxesLn 10 | $5K | $2K | $3K | $105 |
| Advertising and promotionLn 12 | $2K | $2K | ||
| Office expensesLn 13 | $6K | $3K | $3K | |
| Information technologyLn 14 | $9K | $8K | $914 | |
| OccupancyLn 16 | $1K | $803 | $267 | |
| TravelLn 17 | $2K | $2K | ||
| Depreciation, depletion and amortizationLn 22 | $3K | $161 | $3K | |
| InsuranceLn 23 | $7K | $5K | $2K | |
| All other expensesLn 24e | $4K | $4K | ||
| Total functional expensesLn 25 | $157K | $88K | $69K | $861 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS May 8, 2026 | $101K | $157K | −$56K | $2.4M | 990 PDF |
| FY2024Filed with the IRS May 5, 2025 | $105K | $212K | −$108K | $2.5M | 990 PDF |
| FY2023Filed with the IRS Apr 26, 2024 | $80K | $836K | −$756K | $2.6M | 990 PDF |
| FY2022Filed with the IRS May 5, 2023 | $1.1M | $968K | $179K | $3.3M | 990 PDF |
| FY2021Filed with the IRS Apr 22, 2022 | $1.1M | $865K | $271K | $3.2M | 990 PDF |
| FY2020Filed with the IRS Apr 23, 2021 | $1.1M | $853K | $242K | $2.9M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $101,472 revenue, 12 lines filed
Part VI · Governance 1 of 3 board members independent, 1 to look at
Part VIII · Statement of revenue $101,472 across 6 lines filed
Part IX · Statement of functional expenses $157,118 across 13 lines filed
Part X · Balance sheet $2,435,103 assets, 9 lines filed
Part XI · Reconciliation of net assets $2,429,046 net assets at year end
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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