Form 990 for tax year 2022
Filed by DELAWARE FIRST MEDIA CORPORATION.
Totals
- Total revenue
- $1,183,102
- Total expenses
- $1,091,676
- Contributions and grants received
- $1,174,132
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $3,390
- Other revenue
- $5,580
- Total assets, end of year
- $490,138
- Total liabilities, end of year
- $69,716
- Net assets or fund balances, end of year
- $420,422
- Program services expenses (Part IX)
- $739,099
- Management and general expenses
- $161,323
- Fundraising expenses
- $191,254
- Program service expenses (Part III)
- $739,099
Program services were 67.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$189,000
-
1e · Government grants (contributions)
$341,553
-
1f · All other contributions, gifts and grants
$643,579
-
3 · Investment income
total $1,145 · excluded $1,145
-
7a · Gross sales of assets other than inventory
securities $2,245
-
7c · Gain or loss
securities $2,245
-
7d · Net gain or loss
total $2,245 · excluded $2,245
-
11a · Other revenue: OTHER INCOME
total $5,580 · related or exempt $5,580
-
11e · Other revenue, total
$5,580
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $447,579 · program services $376,854 · management and general $66,690 · fundraising $4,035
-
8 · Pension plan contributions
total $3,388 · program services $3,388
-
9 · Other employee benefits
total $34,150 · program services $28,754 · management and general $4,284 · fundraising $1,112
-
10 · Payroll taxes
total $34,229 · program services $28,820 · management and general $5,100 · fundraising $309
-
11c · Fees: accounting
total $36,528 · management and general $36,528
-
11g · Fees: other
total $298,346 · program services $118,078 · management and general $48,721 · fundraising $131,547
-
12 · Advertising and promotion
total $62,566 · program services $8,315 · fundraising $54,251
-
13 · Office expenses
total $18,953 · program services $18,953
-
17 · Travel
total $853 · program services $853
-
22 · Depreciation, depletion and amortization
total $6,212 · program services $6,212
-
23 · Insurance
total $15,674 · program services $15,674
-
24a · Other expenses: NETWORK PROGRAMMING
total $93,088 · program services $93,088
-
24b · Other expenses: TOWER SITE EXPENSES
total $22,910 · program services $22,910
-
24c · Other expenses: TOWER LEASE
total $13,473 · program services $13,473
-
24d · Other expenses: HUMAN RESOURCES
total $3,727 · program services $3,727
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $302 · end of year $690
-
2 · Savings and temporary cash investments
beginning of year $327,377 · end of year $270,931
-
4 · Accounts receivable
beginning of year $36,000 · end of year $110,776
-
9 · Prepaid expenses and deferred charges
beginning of year $5,978 · end of year $7,736
-
10a · Land, buildings and equipment: cost or other basis
$148,016
-
10b · Land, buildings and equipment: accumulated depreciation
$127,576
-
10c · Land, buildings and equipment, net
beginning of year $26,653 · end of year $20,440
-
12 · Investments: other securities
end of year $55,565
-
14 · Intangible assets
beginning of year $24,000 · end of year $24,000
-
17 · Accounts payable and accrued expenses
beginning of year $41,198 · end of year $36,964
-
19 · Deferred revenue
beginning of year $53,000 · end of year $32,752
-
27 · Net assets without donor restrictions
beginning of year $326,112 · end of year $177,422
-
28 · Net assets with donor restrictions
end of year $243,000
Mission and programs · 2022
Mission
TO MAKE A SUBSTANTIAL CONTRIBUTION TO DELAWARE'S JOURNALISM COMMUNITY AND TO THE CITIZENS OF DELAWARE BY DELIVERING ORIGINAL, IN-DEPTH, DELAWARE-SPECIFIC NEWS AND COMMENTARY FROM ALL THREE COUNTIES.
-
DELAWARE FIRST MEDIA CREATED AND LAUNCHED DFM NEWS, A NONPROFIT PUBLIC MEDIA NEWS ORGANIZATION THAT PROVIDES STATEWIDE COVERAGE OF NEWS AND COMMENTARY, ONLINE AND VIA PUBLIC RADIO DELMARVA, AS WELL AS PUBLIC-SERVICE PROGRAMMING AND EVENTS. DFM NEWS PROGRAMMING IS ACCESSIBLE TO AND DESIGNED TO BENEFIT ALL DELAWAREANS.
Expenses $739,099
As filed on the 2022 return.
Listed in Part VII
-
Pete BookerPETE BOOKER
GENERAL MANA
- Total calculated
- $21,346
- From this org
- $21,346
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
David BrondDAVID BROND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Charlisa Holloway EdelinCHARLISA HOLLOWAY EDELIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Randy FarmerRANDY FARMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Drewry FennellDREWRY FENNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
James D GriffinJAMES D GRIFFIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Nancy KaribjanianNANCY KARIBJANIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Leslie NewmanLESLIE NEWMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Ellen J RobertsELLEN J ROBERTS
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Michael SigmanMICHAEL SIGMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Robert VaripapaROBERT VARIPAPA
CHAIR,DIRECT
- Total calculated
- $0
- Hours/week
- 4
-
George WatsonGEORGE WATSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Chanta Howard WilkinsonCHANTA HOWARD WILKINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Ellen C WolfELLEN C WOLF
TREASURER
- Total calculated
- $0
- Hours/week
- 8
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440449349300239
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