Wjct Inc

Nonprofit profile at a glance

EIN
590711482
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Jacksonville, FL, USA
Phone
9043586321
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$10,756,730
Expenses
$9,737,965
Assets
$19,090,764
Liabilities
$1,218,159

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • DAVID MCGOWAN (PRESIDENT & CEO)

Highest reported compensation

  • DAVID MCGOWAN (PRESIDENT & CEO): $239,141 total reported compensation
  • GERALDINE CIRILLO (SENIOR VP & COO): $167,555 total reported compensation
  • ANTHONY ALICEA (VP): $150,369 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Wjct's mission is to use our unique assets as a resource for citizens to come together to celebrate human diversity, experience lifelong learning, and actively engage in matters of civic importance, all to improve the quality of our lives and our community.

What it reported doing in 2024

Community enrichment: at wjct public media, we are dedicated to delivering intelligent and innovative programming and services of the highest quality. Our mission is to bring news and information, education, and entertainment directly to homes across the first coast. We serve as an accessible forum for public dialogue and debate, striving to open minds, foster intellectual curiosity, and enhance the quality of life in our community.stewardship: since our first television broadcast in september 1958 and our first radio broadcast in april 1972, we have strived to reflect and respond to the diverse voices of our first coast community with distinction, balance, and respect. We recognize the power of public media and honor our heritage by staying responsive to citizens of all ages, abilities, cultures, and values.education: nothing surpasses our commitment to young learners. More than 60 years ago, when "commercial-free television" was still a novelty, wjct added then cutting-edge programming to its schedule: sesame street and mister rogers' neighborhood. In both their style and content, these programs modeled good character and gave rise to the term "safe haven." parents soon learned that they could trust their kids to jax pbs, a level of confidence that has never wavered. Today, wjct offers a full suite of television programming, digital resources, and live events for children, parents, and educators. With universal access reaching across the "digital divide," wjct's education services are widely used and proven effective in study after study. Pbs kids content has been proven to enhance early literacy skills like naming letters, sounds, and understanding stories. Children using pbs content at home outscored a comparison group on widely used standardized tests that measure math concepts such as numbers and counting. Children in classrooms using the Florida pbs learning media content outperformed national assessment norms by 10%. Parents at all income levels and diverse ethnicities trust pbs as an educational resource far more than any other media brand.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65%; rating input score 65
  • Program expense ratio: 70.2%; rating input score 70
  • Fundraising efficiency: $5.19 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.5%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 1.96; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 6.3%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 6.5% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 20th percentile among comparable filings

Details

  • Where the money goes: 65% of revenue deployed · 70.2% of spending went to programs
  • Governance: 20 of 20 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.8M in reported program spending
  • Leadership: top reported pay $239K · 25 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.8M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 — Financial Efficiency: Fundraising efficiency scored 21/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.