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Religion : Religious Media and Broadcasting

WAY Media Inc.

Influencing this generation to love and follow Jesus through culturally relevant media.

three stars

82.94

5540 Tech Center Drive Suite 200
Colorado Springs, CO 80919
tel: (866) 457-9293   Web Site
EIN: 59-2659856

Board Leadership
Neal Joseph
Chairman

CEO
John Scaggs
President

  Score
(out of 100)
Rating
Overall Score & Rating 82.94 three stars
  Financial 76.92 two stars
  Accountability & Transparency 93.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

WAY-FM is a non-profit, faith-based and donor-supported organization. We use media in a culturally relevant way to influence this generation to love and follow Jesus. Since the 1980's WAY-FM remains the only national non-profit media group featuring Christian music and award-winning air talent on local radio stations, social media outlets including listening online, and producing live local concerts for this impressionable generation. Our results are best demonstrated by our local involvement that positively and tangibly impacts every community's youth and young adult culture we serve in.

WAY-FM is a non-profit, faith-based and donor-supported organization. We use media in a culturally relevant way to influence this generation to love and follow Jesus. Since the 1980's WAY-FM remains the only national non-profit media group featuring Christian music and award-winning air talent on local radio stations, social media outlets including listening online, and producing live local concerts for this impressionable generation. Our results are best demonstrated by our local involvement that positively and tangibly impacts every community's youth and young adult culture we serve in.

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

76.92

Accountability & Transparency

four stars

93.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
65.5%
  Administrative Expenses 22.1%
  Fundraising Expenses 12.3%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 0.91
  Program Expenses Growth 9.2%
  Liabilities to Assets 39.4%
All data for Financial Performance Metrics calculations was provided by WAY Media Inc. on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by WAY Media Inc. on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
WAY Media Inc. (CO) 82.94 three stars
Leading The Way with Dr. Michael Youssef (GA) 95.75 four stars
Heart of the Nation Catholic Mass (WI) 86.79 three stars
Changed Lives (TN) 87.81 three stars
The Family Radio Network, Inc. (WI) 91.00 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $13,166,940
   Federated Campaigns $21,234
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $13,188,174
   Program Service Revenue $1,471,580
Total Primary Revenue $14,659,754
   Other Revenue $1,424,335
TOTAL REVENUE $16,084,089
   
EXPENSES  
   Program Expenses $9,736,872
   Administrative Expenses $3,053,667
   Fundraising Expenses $1,750,842
TOTAL FUNCTIONAL EXPENSES $14,541,381
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,542,708
   
Net Assets $12,723,347

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Radio Station $9,736,872 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 09/03/2019 82.94 three stars
2017-06 07/01/2018 80.12 three stars
2016-06 11/01/2017 77.72 two stars
2015-06 08/01/2016 74.58 two stars
2014-06 06/01/2016 77.30 two stars
 
CN 2.0
2014-06 11/01/2015 80.56 three stars
2013-06 12/01/2014 79.74 two stars
2012-06 09/01/2013 94.74 four stars
2011-06 08/01/2012 91.20 four stars
2011-06 07/01/2012 90.95 four stars
2010-06 11/01/2011 94.65 four stars
2010-06 09/20/2011 88.75 three stars
 
CN 1.0
2009-06 06/01/2010 89.91 three stars
2008-06 07/01/2009 79.50 two stars
2007-06 03/01/2008 83.87 three stars
2006-06 04/01/2007 92.81 four stars
2005-06 05/01/2006 93.10 four stars
2004-06 06/01/2005 90.17 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 59-2659856
Name in IRS Master File WAY MEDIA INC
NTEE Code X84
NTEE Classification Religious Radio
NTEE Type Religion-Related, Spiritual Development
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (121) Radio or television broadcasting
(408) Community service organization
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1986
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$57,922 0.39% John Scaggs President
Other Salaries of Note
$163,498 1.12% Robert Augsburg Former President

Highly Rated

Charity Name & State Overall Score Overall Rating
WAY Media Inc. (CO) 82.94 three stars
D. James Kennedy Ministries (FL) 86.96 three stars
Leading The Way with Dr. Michael Youssef (GA) 95.75 four stars
JOY FM Radio (MO) 85.24 three stars
The Urban Alternative (TX) 86.50 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

WAY Media Inc.
5540 Tech Center Drive
Suite 200
Colorado Springs, CO 80919
tel: (866) 457-9293
EIN: 59-2659856

Mail donations to:
P. O. Box 64500
Colorado Springs, CO 80962

Visit Web Site

Board Leadership

Neal Joseph
Chairman

CEO

John Scaggs
President

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