Wet Mountain Broadcasting Corp
Nonprofit profile at a glance
- EIN
- 263825042
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Westcliffe, CO, USA
- Phone
- 7197830987
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Telecommunications
Reported finances
- Revenue
- $128,342
- Expenses
- $113,115
- Assets
- $258,465
- Liabilities
- $9,588
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- GARY TAYLOR (PRESIDENT)
- KATHLEEN BLAHA (VICE PRESIDENT)
People named in this filing
- GARY TAYLOR (PRESIDENT)
- KATHLEEN BLAHA (VICE PRESIDENT)
- DON PINNELLA (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Local radio station broadcasting
What it reported doing in 2024
Host music events (block parties, high peaks music festival, summer in the park) to build community interest in music and the radio station.
Operating model
- Revenue model
- Donor-supported. 69% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.3%; rating input score 79
- Program expense ratio: 88.1%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 11.9%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 2.28; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 13.6% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 13.7% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 79.3% of revenue deployed · 88.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $100K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Officer compensation ratio scored 23/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.