First Dallas Media Inc

Nonprofit profile at a glance

EIN
271928467
IRS 990 coverage
2010–2013
Forms available
Form 990 2013
Location
Dallas, TX, USA
Phone
4698017006
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religious Television
Affiliation
Christianity

Official website

Reported finances

Revenue
$4,635,291
Expenses
$3,971,743
Assets
$18,035,762
Liabilities
$3,164,757

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JOHN GRABLE (PRESIDENT)

Highest reported compensation

  • JOHN GRABLE (PRESIDENT): $251,330 total reported compensation
  • MATTHEW SHUFF (VICE-PRESIDE): $175,694 total reported compensation
  • CAROL NICHOLS (SEC/TREASURE): $93,483 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization operates three radio stations broadcasting christian programming from kcrn in san angelo, Texas, ksye in frederick, Oklahoma and the flagship station, kcbi in arlington, Texas. The radio stations are primarily supported through programming revenues and charitable gifts provided by listeners.

What it reported doing in 2013

The organization operates five radio stations broadcasting christian programming.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 65
  • Accountability: 72
  • Sustainability: 73
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.3%; rating input score 73
  • Program expense ratio: 85.5%; rating input score 85
  • Fundraising efficiency: $7.93 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 14.3%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 4.54; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 5.5%; rating input score 42; 42nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.7% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 73.3% of revenue deployed · 85.5% of spending went to programs
  • Governance: 9 of 9 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.4M in reported program spending
  • Leadership: top reported pay $251K · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 4 filing years from 2010 to 2013
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Governance controls: 6 of 9 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 42/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.