Tri-Cities Broadcasting Foundation INC FY2023 filing

Tax-deductible

Grand Haven, MI501(c)(3)Arts & CultureEIN 46-5018814Revenue $268K in FY2023

On file with the IRS1035wawl.com1101 Jackson Ave, 49417-1139 · Grand Haven, MITax-exempt since Aug 2015Publicly supported charity — 170(b)(1)(A)(vi)

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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.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$89K 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

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $17K a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$89K
to officers and key staff · 41% of spending
Concern: pay to officers and key staff is 41% of spending; over 30%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $26K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$32K
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 5 voting members
Worth a look: 2 of 5 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$268K
+31% vs prior year
Spent
$218K
To programs
96%
Net assets
$92K
By yearFY2020–FY2025
Revenue
$268K
FY2023▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$131K
FY2021$189K
FY2022$204K
FY2023$268K
FY2024$231K
FY2025$235K
Expenses
$218K
FY2023▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$161K
FY2022$227K
FY2023$218K
FY2024$219K
FY2025$218K
Net assets
$92K
FY2023▲ +117%
Tap a bar for its year
Net assets by fiscal year
FY2020$37K
FY2021$65K
FY2022$42K
FY2023$92K
FY2024$104K
FY2025$121K

From the FY2023 Form 990 (year ending March 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2015.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $209K Management & general 4% · $8K

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

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Who runs it and what they're paid

5 people listed on the 990; $89K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$88,719Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Eric R Kaelin’s $92K as President is at the 84th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Eric R Kaelin$92,097$93,220$88,719$78,966$72,800$60,000

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 Tri-Cities Broadcasting Foundation INC executive salaries →

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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 15aNo

Programs and updates

Fosters broadcasting careers and provides free community radio with educational programming.

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Provided by the organization

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1 program · $209K · in their own filed words · FY2022
01

The tri-cities broadcasting foundation inc. Provided free 24 hour a day local public radio broadcasting regarding local interests to the 47,000 citizens of the tri-cities area.

$209Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$26K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$268K
Ln 12
Gifts and grantsLn 1h$216K
Other incomeLn 4–11$51K
Investment incomeLn 3$9
Money outPt IX
$218K
Ln 25
Programscol B$209K
Managementcol C$8K
Owns and owesPt X
$92K
net assets · Ln 32
Cash and savingsLn 1–2$87K
Total assetsLn 16$124K
LiabilitiesLn 26$32K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$216K
Investment incomeLn 3$9
Other incomeLn 4–11$51K
Total revenueLn 12$268K
Assets in detailPt X, end of year
CashLn 1$87K
Cash and savings togetherLn 1–2$87K
Land, buildings, equipmentLn 10c$35K
Other assetsLn 15$400
Total assetsLn 16$124K
LiabilitiesLn 26$32K
Net assetsLn 32$92K
OperationsPt I, VI
EmployeesI 51
VolunteersI 68
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$23K$87K
Land, buildings, equipmentLn 10c$47K$35K
Total assetsLn 16$86K$124K
LiabilitiesLn 26$44K$32K
Net assetsLn 32$42K$92K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$92K$92K
Payroll taxesLn 10$7K$7K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$17K$17K
Advertising and promotionLn 12$17K$17K
Office expensesLn 13$1K$1K
Information technologyLn 14$982$982
OccupancyLn 16$36K$36K
TravelLn 17$1K$1K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$23K$23K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$6K$6K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$218K$209K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $235K$218K$17K$121K 990 PDF
FY2024 $231K$219K$12K$104K 990 PDF
FY2023 Viewing $268K$218K$50K$92K 990 PDF
FY2022 $204K$227K−$22K$42K 990 PDF
FY2021 $189K$161K$28K$65K 990 PDF
FY2020 $131K$37K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $267,697 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $68,235$216,220
I-9 Program service revenuePrior year $48,075$0
I-10 Investment incomePrior year $10$9
I-11 Other revenuePrior year $86,909$51,468
I-12 Total revenuePrior year $203,229$267,697
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $85,128$98,790
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $148,984$119,087
I-18 Total expensesPrior year $234,112$217,877
I-19 Revenue less expensesPrior year −$30,883$49,820
Part VI · Governance 2 of 5 board members independent, 5 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $267,697 across 5 lines filed
VIII-1f All other contributions, gifts and grants$216,220
VIII-1h Total contributions, gifts and grants$216,220
VIII-3 Investment incomeExcluded from tax $9$9
VIII-8 Net income from fundraising events$51,468
VIII-12 Total revenueExcluded from tax $9$267,697
Part IX · Statement of functional expenses $217,877 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $91,770$91,770
IX-10 Payroll taxesPrograms $7,020$7,020
IX-11c Accounting feesManagement $6,630$6,630
IX-11g Other fees for servicesPrograms $16,529$16,529
IX-12 Advertising and promotionPrograms $16,508$16,508
IX-13 Office expensesPrograms $1,050$1,050
IX-14 Information technologyPrograms $982$982
IX-16 OccupancyPrograms $36,020$36,020
IX-17 TravelPrograms $1,098$1,098
IX-20 InterestManagement $1,811$1,811
IX-22 Depreciation, depletion and amortizationPrograms $23,086$23,086
IX-23 InsurancePrograms $8,289$8,289
IX-24 Other expenses (24a–d)Programs $6,036$6,036
IX-24e All other expensesPrograms $1,048$1,048
IX-25 Total functional expensesPrograms $209,436 · Management $8,441 · Fundraising $0$217,877
Part X · Balance sheet $124,219 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $22,678$86,667
X-10c Land, buildings and equipment, netStart of year $47,377$34,874
X-14 Intangible assetsStart of year $2,629$2,278
X-15 Other assetsStart of year $400$400
X-16 Total assetsStart of year $86,396$124,219
X-25 Other liabilitiesStart of year $34,918$31,921
X-26 Total liabilitiesStart of year $43,918$31,921
X-32 Total net assets or fund balancesStart of year $42,478$92,298
X-33 Total liabilities and net assetsStart of year $86,396$124,219
Part XI · Reconciliation of net assets $92,298 net assets at year end
XI-1 Total revenue$267,697
XI-2 Total expenses$217,877
XI-3 Revenue less expenses$49,820
XI-4 Net assets at start of year$42,478
XI-10 Net assets at end of year$92,298

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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