Wimberley Valley Radio
Nonprofit profile at a glance
- EIN
- 364732908
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019, Form 990-N 2013
- Location
- Wimberley, TX, USA
- Phone
- 5127223266
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $385,650
- Expenses
- $381,495
- Assets
- $163,972
- Liabilities
- $13,914
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Jim Trussell (President)
- Claire Sharp (Vice President)
- Tom Lind (Past President)
People named in this filing
- Jim Trussell (President)
- Claire Sharp (Vice President)
- Dee Rambeau (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To apply for, license, and operate one or more noncommercial, educational broadcast stations and internet radio station, and to serve and fully qualify as a public telecommuncations entity within the intent of 47 U.S.C. Section 397(12). In order to support Wimberleys local musicians and arts community; to provide educational programming, including public and emergency information; to provide local and county news unavailable in other broadcast media in the area; and to educate students and other interested individuals in radio-related technical and communication skills.
What it reported doing in 2024
In order to support Wimberleys local musicians and arts community; to provide educationl programming, including public and emergency information; to provide local and county news unavailable in other broadcast media in the area; and to educate students and other interested individuals in radio-related technical and communication skills.
Operating model
- Revenue model
- Donor-supported. 88% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 35
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37%; rating input score 37
- Program expense ratio: 37.4%; rating input score 37
- Fundraising efficiency: $3.86 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.1%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 19.7% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 15.3% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 37% of revenue deployed · 37.4% of spending went to programs
- Governance: 17 of 17 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $143K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.