CENTRAL VALLEY BROADCASTING CO INC
Celebration Radio
CENTRAL VALLEY BROADCASTING CO INC
EIN: 94-6138125
as of November 2023
as of November 13, 2023
Mission
“Our mission is to inspire people to know Jesus personally and challenge them to follow Him faithfully through the creative use of interactive media." Celebration Radio is a commercial-free, listener and community supported radio and internet ministry, that provides strong spiritual encouragement to Central California listeners with Christ–centered music and programming 24 hours a day. KAMB has been ministering over the airwaves for over 50 years. KAMB also streams its programming live world-wide on our website: celebrationradio.com .
Ruling year
1995
General Manager
Christopher Grant
Main address
90 E 16th St
Merced, CA 95340 USA
EIN
94-6138125
Communication media
Religion
Population served
Adults
Christians
NTEE code
Religious Media, Communications Organizations (X80)
Religious Radio (X84)
Religious Radio (X84)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
KAMB 101.5 FM
Our Vision is to expand God's Kingdom and inspire the transformation of lives by using compelling Christ-centered contemporary music and programming through relevant technology.
KAMB 96.3 FM
Our Vision is to expand God's Kingdom and inspire the transformation of lives by using compelling Christ-centered contemporary music and programming through relevant technology.
KAMB 100.9 FM
Our Vision is to expand God's Kingdom and inspire the transformation of lives by using compelling Christ-centered contemporary music and programming through relevant technology.
KAMB 103.1 FM
Our Vision is to expand God's Kingdom and inspire the transformation of lives by using compelling Christ-centered contemporary music and programming through relevant technology.
KAMB 107.1 FM
Our Vision is to expand God's Kingdom and inspire the transformation of lives by using compelling Christ-centered contemporary music and programming through relevant technology.
Where we work
External reviews
Videos
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To strengthen relationships with the people we serve
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Which of the following feedback practices does your organization routinely carry out?
We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback
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What challenges does the organization face when collecting feedback?
It is difficult to get the people we serve to respond to requests for feedback, It is difficult to find the ongoing funding to support feedback collection
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
16.13
Months of cash in 2022 info
4.8
Fringe rate in 2022 info
60%
Funding sources info
Assets & liabilities info
Financial data
CENTRAL VALLEY BROADCASTING CO INC
Revenue & expensesFiscal Year: Jul 01 - Jun 30
CENTRAL VALLEY BROADCASTING CO INC
Balance sheetFiscal Year: Jul 01 - Jun 30
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jul 01 - Jun 30
This snapshot of CENTRAL VALLEY BROADCASTING CO INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
| Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | -$22,393 | $32,543 | -$9,011 | $57,434 | $208,325 |
| As % of expenses | -3.3% | 5.3% | -1.4% | 9.6% | 25.9% |
| Unrestricted surplus (deficit) after depreciation | -$32,047 | $24,263 | -$16,730 | $48,485 | $182,086 |
| As % of expenses | -4.6% | 3.9% | -2.6% | 8.0% | 21.9% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $664,837 | $633,663 | $660,541 | $742,459 | $931,135 |
| Total revenue, % change over prior year | -21.9% | -4.7% | 4.2% | 12.4% | 25.4% |
| Program services revenue | 2.7% | 1.9% | 1.9% | 0.3% | 1.7% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 0.1% | 0.1% | 0.1% | 0.1% | 0.0% |
| Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 96.7% | 97.4% | 97.4% | 99.0% | 97.7% |
| Other revenue | 0.5% | 0.6% | 0.6% | 0.7% | 0.6% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $688,228 | $616,623 | $632,951 | $595,248 | $804,804 |
| Total expenses, % change over prior year | -4.4% | -10.4% | 2.6% | -6.0% | 35.2% |
| Personnel | 65.3% | 63.4% | 59.3% | 66.1% | 54.3% |
| Professional fees | 9.0% | 8.3% | 10.1% | 5.9% | 22.3% |
| Occupancy | 15.1% | 17.3% | 18.6% | 19.0% | 13.7% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other expenses | 10.6% | 11.0% | 12.0% | 9.0% | 9.6% |
| Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $697,882 | $624,903 | $640,670 | $604,197 | $831,043 |
| One month of savings | $57,352 | $51,385 | $52,746 | $49,604 | $67,067 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $93,996 | $86,401 | $97,355 |
| Total full costs (estimated) | $755,234 | $676,288 | $787,412 | $740,202 | $995,465 |
Capital structure indicators
| Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Months of cash | 4.7 | 5.6 | 5.8 | 8.5 | 4.8 |
| Months of cash and investments | 4.7 | 5.6 | 5.8 | 8.5 | 4.8 |
| Months of estimated liquid unrestricted net assets | 4.3 | 5.4 | 3.3 | 3.0 | 3.8 |
| Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash | $270,660 | $290,095 | $303,290 | $420,597 | $320,171 |
| Investments | $0 | $0 | $0 | $0 | $0 |
| Receivables | $0 | $0 | $0 | $0 | $0 |
| Gross land, buildings, equipment (LBE) | $535,617 | $538,073 | $615,743 | $684,837 | $780,571 |
| Accumulated depreciation (as a % of LBE) | 90.9% | 92.0% | 79.0% | 69.8% | 64.4% |
| Liabilities (as a % of assets) | 5.2% | 4.6% | 21.0% | 23.0% | 3.3% |
| Unrestricted net assets | $297,358 | $321,621 | $304,891 | $353,376 | $535,462 |
| Temporarily restricted net assets | $20,400 | $4,900 | N/A | N/A | N/A |
| Permanently restricted net assets | $0 | $0 | N/A | N/A | N/A |
| Total restricted net assets | $20,400 | $4,900 | $41,500 | $132,545 | $51,055 |
| Total net assets | $317,758 | $326,521 | $346,391 | $485,921 | $586,517 |
Key data checks
| Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Material data errors | No | Yes | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
General Manager
Christopher Grant
Christian radio has an expanding multi-media approach that literally meets people where they are to tune their hearts and minds towards the call and cause of Christ. For this reason, KAMB / Celebration Radio has a special place in the community and I count it a privilege to serve this ministry.
I am married to Valerie and we have two children that are growing up way too fast. I have been involved in investments and finance, sales and management, as well as radio broadcasting. Free time allows us to walk our border collie, Shasta. She considers herself the little sister of the family and lives up to it in many ways. When she is feeling regal, I call her "Shasta of the Highlands" (bagpipes optional).
Contact Chris for strategic planning, ministry opportunities, or any other issues that should come to the attention of management.
Number of employees
Source: IRS Form 990
CENTRAL VALLEY BROADCASTING CO INC
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
CENTRAL VALLEY BROADCASTING CO INC
Highest paid employeesSOURCE: IRS Form 990
Compensation data
CENTRAL VALLEY BROADCASTING CO INC
Board of directorsas of 11/06/2023
Board of directors data
Chris Grant
Central Valley Broadcasting Co., Inc.
Chris Grant
Central Valley Broadcasting
Drek Beardsley
Plumbing Manufacturer
Jerry Shewey
Shewey Realty
Jack Mobley
Clear Choice Custodial Services
William Barnett
Shelter Cove Church
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
Disability
We do not display disability information for organizations with fewer than 15 staff.
Equity strategies
Last updated: 03/12/2021GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.
Professional fundraisers
Fiscal year endingSOURCE: IRS Form 990 Schedule G
Solicitation activities
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