Gateway Creative Broadcasting / Joy FM Radio

The information on this page was last updated 5/2/2023. If you see errors or omissions, please email: [email protected]


Summary

99.1 Joy FM isn't your typical radio station. You'll hear great music, of course. But you'll also experience fun and meaningful conversations about real life. So, listen and find encouragement, purpose and fun!


Contact information

Mailing address:
Gateway Creative Broadcasting
13358 Manchester Rd
#100
Des Peres, MO 63131

Website: joyfmonline.org

Phone: 314-909-8569

Email: [email protected]


Organization details

EIN: 431793303

CEO/President: Sandi Brown

Chairman: Jennifere Benes

Board size: 7

Founder: Sandi Brown

Ruling year: 1998

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: Yes

Member of ECFA since: 2016


Purpose

MUSIC: You'll hear what's new in Christian music from artists like: Hillsong, Toby Mac, Lauren Daigle, for King and Country and many more. The right song at the right time.

FAITH: Experiencing God's love and purpose in life is invigorating. It's the core of who we are and what we do.

COMMUNITY: You're not alone. You're part of a vibrant mission to love and serve the city in Jesus name.


Mission statement

Desiring obedience above all, we will use Christian Music as a means of encouraging believers, uniting the body of Christ and sharing the clear, life-changing message of Jesus with the world.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating632 of 110417 of 28
Fund acquisition rating310 of 11059 of 28
Resource allocation rating647 of 110519 of 28
Asset utilization rating823 of 110421 of 28

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%4%3%3%4%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%3%3%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
86%83%82%92%87%85%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%3%3%3%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
14%17%18%8%13%15%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%75%79%77%78%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%99%99%93%79%79%
Program output ratio Program output ratio =
Program services /
Total revenue
70%74%78%71%62%63%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%1%1%7%21%21%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%1%1%4%14%17%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
16%22%19%20%18%16%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.360.330.370.350.420.38
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.933.953.553.491.842.13
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
0.851.321.331.220.780.82
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
15.8130.2622.6832.8281.2969.43
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.030.040.030.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
13.768.798.649.5515.2414.50
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%49%44%37%24%38%
Debt ratio Debt ratio =
Debt /
Total assets
0%32%41%34%21%34%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
225%153%151%180%180%162%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$2,536,725$2,521,573$2,207,237$5,119,521$4,336,268
Receivables, inventories, prepaids$3,608,281$3,606,164$3,367,338$3,205,547$3,207,859
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$6,145,006$6,127,737$5,574,575$8,325,068$7,544,127
Long-term investments$0$0$0$0$0
Fixed assets$5,198,991$4,692,329$1,003,189$644,000$721,359
Other long-term assets$12,958,131$10,943,837$12,850,582$6,381,692$7,767,443
Total long-term assets$18,157,122$15,636,166$13,853,771$7,025,692$8,488,802
Total assets$24,302,128$21,763,903$19,428,346$15,350,760$16,032,929
 
Liabilities20232022202120202019
Payables and accrued expenses$203,101$270,150$169,828$102,416$108,664
Other current liabilities$0$0$0$0$0
Total current liabilities$203,101$270,150$169,828$102,416$108,664
Debt$7,771,449$8,947,147$6,650,000$3,229,323$5,400,937
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$3,960,698$266,784$413,141$365,837$540,741
Total long-term liabilities$11,732,147$9,213,931$7,063,141$3,595,160$5,941,678
Total liabilities$11,935,248$9,484,081$7,232,969$3,697,576$6,050,342
 
Net assets20232022202120202019
Without donor restrictions$12,069,932$12,033,326$11,969,646$9,055,348$7,912,472
With donor restrictions$296,948$246,496$225,731$2,597,836$2,070,115
Net assets$12,366,880$12,279,822$12,195,377$11,653,184$9,982,587
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$6,764,187$6,762,027$6,759,410$7,049,114$6,639,789
Program service revenue$1,296,127$1,354,860$511,771$1,060,575$1,144,108
Membership dues$0$0$0$0$0
Investment income$8,873$9,182$5,515$15,229$44,866
Other revenue$125,706$90,872$58,583$20,625$1,937
Total other revenue$1,430,706$1,454,914$575,869$1,096,429$1,190,911
Total revenue$8,194,893$8,216,941$7,335,279$8,145,543$7,830,700
 
Expenses20232022202120202019
Program services$6,065,016$6,394,297$5,239,509$5,075,498$4,919,072
Management and general$1,772,170$1,526,334$1,337,876$1,142,193$1,003,211
Fundraising$270,649$211,865$215,701$257,255$233,155
Total expenses$8,107,835$8,132,496$6,793,086$6,474,946$6,155,438
 
Change in net assets20232022202120202019
Surplus (deficit)$87,058$84,445$542,193$1,670,597$1,675,262
Other changes in net assets$0$0$0$0$0
Total change in net assets$87,058$84,445$542,193$1,670,597$1,675,262

Compensation

NameTitleCompensation
Sandi BrownPresident$266,934
Brett DempseyGeneral Manager$255,233
Mike CouchmanOperations Manager$140,409
Brandi ReichertDirector of Strategic Marketing$131,927

Compensation data as of: 5/31/2023


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/2/2023. To update the information below, please email: [email protected]


History

For over 15 years St. Louis had a contemporary Christian music station (commercial station). In 1997, that station was sold, and St. Louis was without Christian music for three and a half years. In 2001, JOY FM came on the air as a non-commercial, listener supported station. That means we rely fully on the generous, faithful support of our listeners and can never be sold. It also means that instead of listening to commercials, you get at least 55 minutes of music every hour.


Program accomplishments


Needs