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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

83.92

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

Board Leadership
Andy Burdsall
Chairman

CEO
John Scaggs
President

  Score
(out of 100)
Rating
Overall Score & Rating 83.92 three stars
  Financial 77.27 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2021 and includes data from FY2019, 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.

Financial

two stars

77.27

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2021 and includes data from FY2019, 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)
64.8%
  Administrative Expenses 22.3%
  Fundraising Expenses 12.8%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 1.00
  Program Expenses Growth 4.1%
  Liabilities to Assets 35.0%
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) 83.92 three stars
Our Daily Bread Ministries (MI) 89.76 three stars
The Family Radio Network, Inc. (WI) 91.62 four stars
The Christophers (NY) 89.13 three stars
Educational Media Foundation (CA) 93.30 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $14,827,303
   Federated Campaigns $14,274
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $14,841,577
   Program Service Revenue $2,434,206
Total Primary Revenue $17,275,783
   Other Revenue $9,763
TOTAL REVENUE $17,285,546
   
EXPENSES  
   Program Expenses $9,842,760
   Administrative Expenses $3,500,661
   Fundraising Expenses $2,028,169
TOTAL FUNCTIONAL EXPENSES $15,371,590
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,913,956
   
Net Assets $14,637,303

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 $9,842,760 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 03/01/2021 83.92 three stars
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
$194,683 1.26% John Scaggs President

Highly Rated

Charity Name & State Overall Score Overall Rating
WAY Media Inc. (CO) 83.92 three stars
Christ for all Nations (FL) 91.26 four stars
The Urban Alternative (TX) 88.43 three stars
D. James Kennedy Ministries (FL) 86.96 three stars
Family Life Radio and Parent Talk, Inc dba Intentional Living Center (AZ) 94.28 four 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

Andy Burdsall
Chairman

CEO

John Scaggs
President

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