Gateway Creative Broadcasting / Joy FM Radio

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/15/2021. To update the information in this column, please email: info@ministrywatch.com


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: info@joyfmonline.org


Organization details

EIN: 431793303

CEO/President: Sandi Brown

Chairman:

Board size: 0

Founder: Sandi Brown

Year founded: 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

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating381 of 81710 of 25
Fund acquisition rating227 of 8177 of 25
Resource allocation rating426 of 81714 of 25
Asset utilization rating529 of 81715 of 25

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%4%4%3%3%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%3%3%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%87%85%82%88%91%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%4%3%4%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%13%15%18%12%9%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%78%80%83%80%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%79%79%78%81%83%
Program output ratio Program output ratio =
Program services /
Total revenue
77%62%63%65%65%65%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%21%21%22%19%17%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%14%17%31%34%42%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%18%16%13%16%19%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.490.420.380.440.360.32
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.081.842.133.554.044.89
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.470.780.821.581.451.56
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
21.2681.2969.4363.6555.1332.77
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.010.010.020.020.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.9315.2414.507.508.147.46
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
3%24%38%61%75%85%
Debt ratio Debt ratio =
Debt /
Total assets
0%21%34%57%71%80%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
180%180%162%89%70%48%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$5,119,521$4,336,268$3,907,265$3,718,179$3,301,657
Receivables, inventories, prepaids$3,205,547$3,207,859$28,944$20,394$21,101
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$8,325,068$7,544,127$3,936,209$3,738,573$3,322,758
Long-term investments$0$0$0$0$0
Fixed assets$644,000$721,359$9,961,764$11,343,700$12,901,155
Other long-term assets$6,381,692$7,767,443$60,711$32,109$39,954
Total long-term assets$7,025,692$8,488,802$10,022,475$11,375,809$12,941,109
Total assets$15,350,760$16,032,929$13,958,684$15,114,382$16,263,867
 
Liabilities20202019201820172016
Payables and accrued expenses$102,416$108,664$61,845$67,809$101,395
Other current liabilities$0$0$0$0$0
Total current liabilities$102,416$108,664$61,845$67,809$101,395
Debt$3,229,323$5,400,937$7,921,923$10,723,030$12,979,433
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$365,837$540,741$470,184$545,773$672,850
Total long-term liabilities$3,595,160$5,941,678$8,392,107$11,268,803$13,652,283
Total liabilities$3,697,576$6,050,342$8,453,952$11,336,612$13,753,678
 
Net assets20202019201820172016
Unrestricted$0$7,912,472$4,092,206$0$0
Temporarily restricted$0$2,070,115$1,412,526$0$0
Permanently restricted$0$0$0$0$0
Net assets$11,653,184$9,982,587$5,504,732$3,777,770$2,510,189
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$7,049,114$6,639,789$6,468,499$5,899,520$5,667,044
Program service revenue$1,060,575$1,144,108$1,450,509$773,702$569,465
Membership dues$0$0$0$0$0
Investment income$15,229$44,866$9,455$4,626$3,638
Other revenue$20,625$1,937$0$0$0
Total other revenue$1,096,429$1,190,911$1,459,964$778,328$573,103
Total revenue$8,145,543$7,830,700$7,928,463$6,677,848$6,240,147
 
Expenses20202019201820172016
Program services$5,075,498$4,919,072$5,169,566$4,331,348$4,056,616
Management and general$1,142,193$1,003,211$824,236$883,062$961,747
Fundraising$257,255$233,155$207,699$195,857$164,768
Total expenses$6,474,946$6,155,438$6,201,501$5,410,267$5,183,131
 
Change in net assets20202019201820172016
Surplus (deficit)$1,670,597$1,675,262$1,726,962$1,267,581$1,057,016
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,670,597$1,675,262$1,726,962$1,267,581$1,057,016

Compensation

NameTitleCompensation
Sandi BrownPresident$171,882

Compensation data as of: 5/31/2020


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 3/15/2021. To update the information below, please email: info@ministrywatch.com


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