Kachemak Bay Broadcasting INC FY2021 filing

Tax-deductible

Homer, AK501(c)(3)EIN 92-0060366

Public radio

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
$54K 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

FY2021 · 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
2 of 6
filings with a surplus
Average deficit $28K a year · 4% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$54K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 12.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$229K
18% of total assets
Looks good: liabilities are 18% 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
$717K
+22% vs prior year
Spent
$710K
To programs
60%
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$717K
FY2021▲ +22%
Revenue by fiscal year
FY2020$589K
FY2021$717K
FY2022$714K
FY2023$554K
FY2024$590K
FY2025$597K
Expenses
$710K
FY2021▲ +12%
Expenses by fiscal year
FY2020$632K
FY2021$710K
FY2022$668K
FY2023$669K
FY2024$592K
FY2025$653K
Net assets
$1.1M
FY2021▲ +1%
Net assets by fiscal year
FY2020$1.0M
FY2021$1.1M
FY2022$1.1M
FY2023$982K
FY2024$988K
FY2025$940K

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 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 Jun 1977.

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

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $428K Management & general 25% · $181K Fundraising 14% · $102K

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

Who runs it and what they're paid

8 people listed on the 990; $54K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
General Manager
$54,024Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Josh Krohn$65,657$62,130$61,687$57,181$54,024$15,879

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 Kachemak Bay Broadcasting 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Kachemak Bay Broadcasting INC is a nonprofit based in Homer, AK.

Provided by the organization

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1 program service account for $428K of program spending, described in the organization's own filed words · FY2020.
01

Programming and technical expenses incurred in operation of a non-commercial public radio station - kbbi in homer, alaska

$428Kprogram expense

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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 · FY2025
Total grants receivedfrom 1 funder$22K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$717K
Ln 12
Gifts and grantsLn 1h$633K
Fees for servicesLn 2g$81K
Other incomeLn 4–11$2K
Money outPt IX
$710K
Ln 25
Programscol B$428K
Managementcol C$181K
Fundraisingcol D$102K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$742K
Total assetsLn 16$1.3M
LiabilitiesLn 26$229K
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$633K
Government grantsLn 1e$354K
Fees for servicesLn 2g$81K
Investment incomeLn 3$823
Other incomeLn 4–11$2K
Gains on assetsLn 7$0
Total revenueLn 12$717K
Assets in detailPt X, end of year
CashLn 1$269K
SavingsLn 2$472K
Cash and savings togetherLn 1–2$742K
InvestmentsLn 11–13$44K
Land, buildings, equipmentLn 10c$388K
Other assetsLn 15$34K
Total assetsLn 16$1.3M
LiabilitiesLn 26$229K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 516
VolunteersI 682
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
LineStart FY21End FY21
Cash and savingsLn 1–2$692K$742K
InvestmentsLn 11–13$35K$44K
Land, buildings, equipmentLn 10c$381K$388K
Total assetsLn 16$1.2M$1.3M
LiabilitiesLn 26$207K$229K
Net assetsLn 32$1.0M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$58K$58K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$405K$271K$53K$81K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$14K$14K
Advertising and promotionLn 12$9K$475$9K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$49K$43K$6K
TravelLn 17$1K$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$39K$11K$28K
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$99K$87K$9K$3K
All other expensesLn 24e$24K$16K$8K
Total functional expensesLn 25$710K$428K$181K$102K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $597K$653K−$57K$940K 990 PDF
FY2024 $590K$592K−$2K$988K 990 PDF
FY2023 $554K$669K−$115K$982K 990 PDF
FY2022 $714K$668K$46K$1.1M 990 PDF
FY2021 Viewing $717K$710K$6K$1.1M 990 PDF
FY2020 $589K$632K−$43K$1.0M 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $716,685 across 11 lines filed
VIII-1b Membership dues$153,799
VIII-1e Government grants$354,249
VIII-1f All other contributions, gifts and grants$124,850
VIII-1h Total contributions, gifts and grants$632,898
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $80,839$80,839
VIII-3 Investment incomeExcluded from tax $823$823
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax $2,125$2,125
VIII-12 Total revenueRelated to mission $80,839 · Excluded from tax $2,948$716,685
Part IX · Statement of functional expenses $710,463 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $57,508$57,508
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $270,834 · Management $52,956 · Fundraising $81,334$405,124
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $13,500$13,500
IX-12 Advertising and promotionPrograms $475 · Fundraising $8,966$9,441
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $42,636 · Management $5,969$48,605
IX-17 TravelManagement $1,360$1,360
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $11,077 · Management $28,171$39,248
IX-23 InsuranceManagement $12,519$12,519
IX-24 Other expenses (24a–d)Programs $87,002 · Management $9,129 · Fundraising $3,311$99,442
IX-24e All other expensesPrograms $15,769 · Fundraising $7,947$23,716
IX-25 Total functional expensesPrograms $427,793 · Management $181,112 · Fundraising $101,558$710,463
Part X · Balance sheet $1,283,768 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $145,056$269,479
X-2 Savings and temporary cash investmentsStart of year $546,647$472,469
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $92,534$41,169
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $16,368$12,226
X-10c Land, buildings and equipment, netStart of year $380,959$388,053
X-11 Publicly traded securities$0
X-12 Other securitiesStart of year $35,253$44,368
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $24,622$22,118
X-15 Other assetsStart of year $5,566$33,886
X-16 Total assetsStart of year $1,247,005$1,283,768
X-17 Accounts payable and accrued expensesStart of year $35,739$48,633
X-19 Deferred revenueStart of year $5,039$8,177
X-25 Other liabilitiesStart of year $166,606$172,119
X-26 Total liabilitiesStart of year $207,384$228,929
X-27 Net assets without donor restrictionsStart of year $996,035$1,010,471
X-28 Net assets with donor restrictionsStart of year $43,586$44,368
X-32 Total net assets or fund balancesStart of year $1,039,621$1,054,839
X-33 Total liabilities and net assetsStart of year $1,247,005$1,283,768
Part XI · Reconciliation of net assets $1,054,839 net assets at year end
XI-1 Total revenue$716,685
XI-2 Total expenses$710,463
XI-3 Revenue less expenses$6,222
XI-4 Net assets at start of year$1,039,621
XI-5 Net unrealized gains (losses) on investments$8,996
XI-10 Net assets at end of year$1,054,839

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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