Rgv Educational Broadcasting INC: Nonprofit Profile, Financials & Form 990 (EIN 74-2324498)

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2019.

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

Where the money goes

95 cents of each dollar spent went to programs.

95%

Program services 95% · $1.7M Management & general 5% · $90K Fundraising 0% · $524

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

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII

Richard Walker

Treasurer

$0Pt VII · Sec A

Alvaro Gonzalez

Chairman/Pres

$0Pt VII · Sec A

Andrew James Hagan

Vice Chairman

$0Pt VII · Sec A

Monsignor Gustavo Barrera

Secretary

$0Pt VII · Sec A

See Rgv Educational Broadcasting 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 15aNo

Programs and updates

Promotes education, arts, and culture through electronic media for Rio Grande Valley communities.

Questions for Rgv Educational Broadcasting INC

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1 program · $1.7M · in their own filed words · FY2019

01

The provision of classical, jazz, and news radio programs for the enjoyment, education, and information of the general public.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-2324498) · Dispute this line

$1.7Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking

Grants paid · 1 grant · $1.0M · 2019–2019

Catholic Diocese of BrownsvilleTX · FY2019$1,000,000

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$489K

Ln 12

Investment incomeLn 3$405K

Other incomeLn 4–11$84K

Money outPt IX

$1.8M

Ln 25

Programscol B$1.7M

Managementcol C$90K

Fundraisingcol D$524

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

4

listed · VII A

PaidVII A0

Voting boardVI 1a4

IndependentVI 1b4

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$405K

Other incomeLn 4–11$84K

Gains on assetsLn 7$405K

Total revenueLn 12$489K

Assets in detailPt X, end of year

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 52

VolunteersI 60

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$1.1M	$0
InvestmentsLn 11–13		$0
Land, buildings, equipmentLn 10c	$252K	$0
Total assetsLn 16	$1.4M	$0
LiabilitiesLn 26	$61K	$0
Net assetsLn 32	$1.3M	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$1.0M	$1.0M
Legal feesLn 11b	$53K		$53K
Office expensesLn 13	$1K	$525	$23	$524
Information technologyLn 14	$1K	$1K
OccupancyLn 16	$10K	$10K
Depreciation, depletion and amortizationLn 22	$34K		$34K
Other expenses (24a–d)Ln 24	$682K	$680K	$2K
Total functional expensesLn 25	$1.8M	$1.7M	$90K	$524

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2020 Latest ViewingFiled with the IRS May 6, 2021	$489K	$1.8M	−$1.3M	$0	990 PDF

Schedules filed Part IV

I · Grants O · Explanations

See the full FY2020 990

Part I · Summary $489,198 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $4,464$0

I-9 Program service revenuePrior year $29,131$0

I-10 Investment incomePrior year $933,618$405,183

I-11 Other revenuePrior year $9,862$84,015

I-12 Total revenuePrior year $977,075$489,198

I-13 Grants and similar amounts paidPrior year $0$1,000,000

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $99,387$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $226,775$781,412

I-18 Total expensesPrior year $326,162$1,781,412

I-19 Revenue less expensesPrior year $650,913−$1,292,214

Part VI · Governance 4 of 4 board members independent, 1 to look at

VI-1a Voting members of the governing body4

VI-1b Independent voting members4

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $489,198 across 3 lines filed

VIII-6 Net rental income or lossExcluded from tax $84,015$84,015

VIII-7 Net gain or loss on sales of assetsExcluded from tax $405,183$405,183

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $489,198$489,198

Part IX · Statement of functional expenses $1,781,412 across 7 lines filed

IX-1 Grants to domestic organizationsPrograms $1,000,000$1,000,000

IX-11b Legal feesManagement $53,266$53,266

IX-13 Office expensesPrograms $525 · Management $23 · Fundraising $524$1,072

IX-14 Information technologyPrograms $1,020$1,020

IX-16 OccupancyPrograms $9,807$9,807

IX-22 Depreciation, depletion and amortizationManagement $34,259$34,259

IX-24 Other expenses (24a–d)Programs $679,806 · Management $2,182$681,988

IX-25 Total functional expensesPrograms $1,691,158 · Management $89,730 · Fundraising $524$1,781,412

Part X · Balance sheet $0 assets, 22 lines filed

X-1 Cash, non-interest-bearingStart of year $1,090,527$0

X-2 Savings and temporary cash investmentsStart of year $656$0

X-3 Pledges and grants receivable$0

X-4 Accounts receivableStart of year $10,442$0

X-5 Loans to officers and key people$0

X-6 Loans to other insiders$0

X-7 Notes and loans receivable$0

X-8 Inventories for sale or use$0

X-9 Prepaid expenses and deferred chargesStart of year $231$0

X-10c Land, buildings and equipment, netStart of year $251,519$0

X-11 Publicly traded securities$0

X-12 Other securities$0

X-13 Program-related investments$0

X-14 Intangible assets$0

X-15 Other assets$0

X-16 Total assetsStart of year $1,353,375$0

X-17 Accounts payable and accrued expensesStart of year $12,411$0

X-19 Deferred revenueStart of year $48,750$0

X-26 Total liabilitiesStart of year $61,161$0

X-27 Net assets without donor restrictionsStart of year $1,292,214$0

X-32 Total net assets or fund balancesStart of year $1,292,214$0

X-33 Total liabilities and net assetsStart of year $1,353,375$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$489,198

XI-2 Total expenses$1,781,412

XI-3 Revenue less expenses−$1,292,214

XI-4 Net assets at start of year$1,292,214

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$0

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

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Rgv Educational Broadcasting INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Rgv Educational Broadcasting INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV