2023-11-15T18:00:12-06:00 2023-06-30 BDO USA 300 E Main Street Suite 1300 Norfolk VA 23510 990 2022-07-01 540843118 HAMPTON ROADS EDUCATIONAL % BERTEL SCHMIDT HAMP 7578899400 5200 HAMPTON BOULEVARD NORFOLK VA 235081507 BERTEL SCHMIDT PRESIDENT & CEO 7578899400 2023-11-15 true BERTEL SCHMIDT 999009999 Marc Berger P01871563 7576407190 2023-11-15 3 2022 2023-04-26 12:10:37Z WHRO PUBLIC MEDIA BERTEL SCHMIDT 5200 HAMPTON BOULEVARD NORFOLK VA 235081507 21594491 false X WWW.WHRO.ORG X 1961 VA IMPROVE THE CIVIC, EDUCATIONAL & CULTURAL LIFE OF THE CITIZENS OF EASTERN VA THROUGH THE PRODUCTION AND DISTRIB. OF IMPORTANT AND IMPACTFUL LOCAL, NATIONAL, AND EDUCATIONAL CONTENT. 34 33 146 500 87898 0 7679344 8859914 3894881 4627567 395896 313856 1912047 2028866 13882168 15830203 0 0 0 0 8376170 9726240 0 0 2010559 6395152 7830483 14771322 17556723 -889154 -1726520 32040229 31548718 3798956 2007487 28241273 29541231 X WHRO PUBLIC MEDIA IS A NON-PROFIT PUBLIC MEDIA ENTERPRISE KNOWN FOR ITS PUBLIC SERVICE MISSION. WHRO PUBLIC MEDIA IS THE ONLY PUBLIC BROADCASTING STATION IN THE UNITED STATES OWNED BY A COLLABORATION OF 21 LOCAL PUBLIC SCHOOL DISTRICTS. THROUGH FOUR TV STATIONS WHRO TV-15, WHRO CREATE, WHRO WORLD, WHRO KIDS AND OUR EXPANSION INTO SIX RADIO CHANNELS, INCLUDING WHRO 90.3 FM WHRV 89.5, WFOS 88.7, WEBSITE, AND EDUCATIONAL CONTENT DELIVERED ONLINE TO MORE THAN 286,000 STUDENTS AND 25,000 TEACHERS, WHRO PUBLIC MEDIA ENRICHES THE LIVES OF THE PEOPLE OF EASTERN VIRGINIA AND NORTHEASTERN NORTH CAROLINA EVERY DAY. SINCE ITS FOUNDING IN 1961, THE OWNERSHIP HAS ESTABLISHED EDUCATIONAL PROGRAMMING AND SERVICES AS WHRO'S CORE MISSION. AS A LEADER IN UTILIZING EMERGING TECHNOLOGIES, TODAY WHRO EDUCATION DELIVERS MOST OF ITS EDUCATIONAL CONTENT ONLINE. WHRO EDUCATION'S LEADING EDGE INSTRUCTIONAL RESOURCES INCLUDE EMEDIAVA, AND ON-DEMAND DIGITAL MEDIA. WHRO EDUCATION ALSO OFFERS PROFESSIONAL DEVELOPMEN false false 8597106 0 2019595 BROADCAST AND DIGITAL CONTENT- WHRO PUBLIC MEDIA IS THE THE LOCAL PUBLIC TELEVISION BROADCASTER IN EASTERN VIRGINIA, PROVIDING QUALITY TELEVISION PROGRAMMING ON FOUR CHANNELS 24 HOURS A DAY. FROM CHILDREN'S SHOWS LIKE SESAME STREET, DANIEL TIGER'S NEIGHBORHOOD TO PBS SHOWCASE PROGRAMS LIKE NOVA, MASTERPIECE, PBS NEWSHOUR, AMERICAN EXPERIENCE AND FRONTLINE, WHRO -TV 15 PROVIDES QUALITY PROGRAMMING FOR ALL AGES. LOCAL BROADCASTS AND DIGITAL CONTENT INCLUDE, CURATE, AND DOCUMENTARIES SUCH AS CITY VOICES: HOMELESSNESS TO HOPEFULNESS. WHRO BROADCASTS EDUCATIONAL TELEVISION THAT DELIGHTS CHILDREN WHILE BUILDING READING, SCIENCE, TECHNOLOGY AND MATH SKILLS, PROGRAMS FOR LIFE-LONG LEARNING, PUBLIC AFFAIRS ANALYSIS AND DOCUMENTARIES, PERFORMANCE PROGRAMMING CELEBRATING CULTURAL DIVERSITY AND THE COUNTRY, ACCLAIMED HISTORY, SCIENCE AND NATURE PROGRAMMING, AND THE BEST IN INDEPENDENT FILMS. WHRV 89.5 FM RADIO IS THE PLACE TO HEAR NPR PROGRAMS LIKE MORNING EDITION AND ALL THINGS CONSIDERED, AMERICAN PUBLIC MEDIA'S MARKETPLACE, AS WELL AS ALTERNATIVE, JAZZ AND FOLK MUSIC. ANOTHER VIEW HOSTED BY BARBARA HAMM LEE PROVIDES A FORUM TO THE OPEN EXCHANGE OF IDEAS AND OPINIONS. PODCASTS/BROADCASTS INCLUDE OUT THE BOX ALBUM OF THE WEEK, OPENING NIGHT WITH REBECCA EVANS, BIRDNOTES, EDUCATIONALLY SPEAKING, THE EMERGING LEADERS SMART PILL, WRITER'S BLOCK AND ARTS CONVERSATIONS. WHRO 90.3 FM RADIO PROVIDES 24-HOUR CLASSICAL MUSIC AND FINE ARTS PROGRAMMING AND IS AN IMPORTANT CONNECTION BETWEEN THE MANY FINE PERFORMING ARTS ORGANIZATIONS IN THE AREA AND THE COMMUNITY THROUGH PARTNERSHIPS TO RECORD AND BROADCAST CONCERTS, PROMOTE EVENTS, AND HIGHLIGHT THE RICH CULTURAL OFFERINGS OF OUR REGION INCLUDING BROADCASTS OF PERFORMANCES BY VISITING ARTISTS. 2937573 0 265000 PROVIDING INTERNET ACCESS TO SCHOOLS AND STUDENTS, AND TELECOMMUNICATIONS FOR CELL PHONE COMPANIES 24/7, 365 DAYS. PROVIDES TECHNOLOGY SERVICES TO THE INTERNAL STAFF AND PLATFORMS FOR STREAMING SERVICES. PROVIDES MAINTENANCE, REPAIR AND ENGINEERING SERVICES FOR TELEVISION AND RADIO STUDIOS AND OUR TRANSMITTERS LOCATED THROUGHOUT EASTERN VIRGINIA. 2548966 0 2342972 DELIVERS EARLY LEARNING, TEACHER TRAINING, AND ONLINE CONTENT CREATION AND DISTRIBUTION SERVICES, INCLUDING ONLINE HIGH SCHOOL EDUCATION COURSES CORRELATED TO THE VIRGINIA STANDARDS OF LEARNING, AND A DIGITAL ASSET LIBRARY OF TENS OF THOUSANDS OF RICH MEDIA ELEMENTS PROVIDED TO ALL REGISTERED PUBLIC, PRIVATE AND HOME SCHOOL TEACHERS AND STUDENTS, AND ALL SCHOOL DIVISIONS IN THE STATE. 14083645 true true false true false false false false false true true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 61 0 true 146 true true true false false false false true true false false false false false false X 34 33 false false false false false false false true true false false true true true true true true true false false VA X X X BERTEL SCHMIDT 7578899400 5200 HAMPTON BOULEVARD NORFOLK VA 23508 X BERTEL SCHMIDT PRESIDENT/CRO 40.0 0.0 X X 292119 0 23624 DIANE ROGIC DIR CORP. SUPPORT 40.0 0.0 X 188695 0 18548 THOMAS BURTON CDO 40.0 0.0 X 163452 0 6515 HEATHER MAZZONI CHIEF CONTENT OFFICER 40.0 0.0 X 137074 0 16487 GLENN HICKMAN DIRECTOR OF ENGINEERING 40.0 0.0 X 131221 0 17144 AMY SOKOL CFO 40.0 0.0 X 124474 0 5310 SHANNON SAWYER ASST TO PRESIDENT 40.0 0.0 X 48801 0 1951 BRUCE JACOBSON BOARD CHAIR (AS ON 7/22) 1.0 0.0 X X 0 0 0 CHRISTOPHER KASTNER BOARD VICE CHAIR 1.0 0.0 X X 0 0 0 KELLI WEBB BOARD SECRETARY 1.0 0.0 X X 0 0 0 YVONNE ALLMOND BOARD TREASURER 1.0 0.0 X X 0 0 0 DR ELIE BRACY III BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 DR MARCIA CONSTON BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 SALLY DICKINSON BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 LEE ENTSMINGER BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 SALLY SICKINSON BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 LUIS ESTRADA BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 JAY FORD BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 ERIC FOX BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 SIBEL GALINDEZ BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 GWEN GILBERT BOARD MEMBER (AS ON 7/22) 1.0 0.0 X 0 0 0 DR OLWEN HERRON BOARD MEMBER (AS ON 7/22) 1.0 0.0 X 0 0 0 MARK JOHNSON BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 ASHBY KILBORE BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 GREG MCCRACKEN BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 ASHLEY MCLEOD BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 JOSE' MOREY MD BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 CHINEDU OKALA BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 EILEEN OLDS BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 CARI PARRISH BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 ROBERT REY BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 ROBIN RICE BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 ROB ROBINS BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 DR JONATHAN ROMERO BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 WIN SHORT BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 DR AARON SPENCE BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 EMILY STEINHILBER BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL STERLING BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 DAVID WHITE BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 BENMING ZHANG BOARD MEMBER/DIRECTOR 1.0 0.0 X 0 0 0 1085836 0 89579 6 false true false 0 5196413 0 3663501 8859914 EDUCATION SERVICES 900099 1596936 1596936 PROGRAM UNDERWRITING 517000 1576525 1576525 SCHOOL ASSESSMENTS 900099 746036 746036 BROADCAST CHANNEL FEES 532000 488677 488677 PRODUCTION FEES 532000 119612 119612 99781 99781 4627567 363933 363933 0 1940968 1940968 892602 881871 10731 0 10731 10731 4832340 4882417 -50077 -50077 -50077 0 0 0 0 0 0 0 0 0 ADVERTISING REVENUE 541800 77167 77167 77167 15830203 4627567 87898 2254824 X 0 0 0 0 496279 389937 46703 59639 0 7488933 5884213 704763 899957 283379 217955 29560 35864 889540 764704 29937 94899 568109 452400 46879 68830 0 30242 24399 2482 3361 148689 119961 12205 16523 0 0 42100 42100 793520 449386 181109 163025 168769 167769 1000 251884 208069 3124 40691 800956 800840 116 0 177063 160757 6928 9378 155592 54896 46258 54438 0 150834 114578 22989 13267 128776 104017 10519 14240 0 1029087 825668 86424 116995 207199 164436 18168 24595 PUBLIC BROADCASTING SERVICE 1277911 1277911 NPR FEES 647708 647708 UTILITIES 522699 414425 46000 62274 POSTAGE AND SHIPPING 446925 368777 33518 44630 850529 470839 134837 244853 17556723 14083645 1462519 2010559 453390 1611647 3729628 1537871 273951 1510744 494490 498846 0 0 0 0 0 0 25959 22807 594113 436356 25140756 16408110 8740742 8732646 11897916 11568956 0 0 0 0 612058 564982 5217982 5063863 32040229 31548718 1145035 1310239 0 0 214759 299024 0 0 0 0 0 0 0 0 2439162 293099 0 105125 3798956 2007487 X 19390669 21443879 8850604 8097352 28241273 29541231 32040229 31548718 X -1726520 1236720 1789758 X X false true X true false X 6347728 10244238 11615599 7676268 8859914 44743747 0 0 6347728 10244238 11615599 7676268 8859914 44743747 3049247 41694500 2154626 2387995 2189714 2258686 2304901 11295922 0 114208 0 94317 87898 296423 615 28364 9774 -123180 0 -84427 56251665 24898709 0.74121 0.76705 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 88000 false false false 88000 false false 13867917 1806402 1500235 2888779 14285775 16014653 109416 -1628170 627982 13867917 11815993 2305323 2432976 539639 16014653 11244033 523021 433218 384279 11815993 10510815 276590 782920 326292 11244033 0.86060 0.13940 0.00000 377677 377677 5813219 5125549 687670 18923038 11282561 7640477 26822 26822 8732646 SPLIT INTEREST AGREEMENT 4496972 DEFERRED REVENUE 461766 RIGHT OS USE ASSET 105125 5063863 0 LEASE LIABILITIES 105125 105125 X 19696452 1236720 2671629 3908349 15788103 42100 42100 15830203 18396494 881871 881871 17514623 42100 42100 17556723 SCHEDULE D, PART V, LINE 4: THE ENDOWMENT ASSETS ARE CONTROLLED BY THE BOARD OF DIRECTORS AND INVESTED IN A MANNER INTENDED TO PRODUCE A REAL RETURN, NET OF INFLATION AND INVESTMENT MANAGEMENT COSTS, OF AT LEAST 5% OVER THE LONG TERM. ANNUAL DISTRIBUTIONS FROM THE ENDOWMENT POOL USED TO FUND OPERATIONS EQUAL FOUR PERCENT OF A TRAILING TWELVE-QUARTER MOVING AVERAGE OF THE ENDOWMENT POOL FAIR MARKET VALUE FOR THE PERIOD ENDING ON DECEMBER 31 OF THE PREVIOUS YEAR. SCHEDULE D, PART X, LINE 2: WHRO is an organization described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal and state income taxes. Exempt organizations are subject to tax on income from regularly conducted trade or business activities that are not substantially related to WHRO's exempt purpose. WHRO has net operating loss carryforwards of approximately $1,912,000 and $1,912,000 related to its unrelated business income at June 30, 2023 and 2022, respectively. Approximately $1,202,000 of these loss carryforwards will begin to expire in tax year 2028 and $710,000 are unlimited. Deferred tax assets were $492,124 and $492,124 at June 30, 2023 and 2022, respectively. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Management has recorded a valuation allowance of $492,124 and $492,124 at June 30, 2023 and 2022, respectively. The increase in the valuation allowance was $119,606 and $119,606 for the year ended June 30, 2023 and 2022, respectively. Returns are generally subject to examinations for three years from the date filed. This period of limitations has expired for tax years prior to 2019. Management continually evaluates tax positions reflected in WHRO's tax filings and does not believe that any material uncertain tax positions exist. SCHEDULE D, PART XI LINE 2D: THE NET $2,671,629 REPORTED ON PART XI LINE 2D CONSISTS OF THE SUM OF (I) THE CHANGE IN VALUE OF A SPLIT INTEREST AGREEMENTS ($358,547); (II) PLEDGE BAD DEBT EXPENSE $2,148,305; AND RENTAL EXPENSES OF $881,871 SCHEDULE D, PART XII, LINE 2D: RENTAL EXPENSES OF $881,871 X true true X X X false false false false false false false false false BERTEL SCHMIDT PRESIDENT/CRO 265869 0 26250 0 0 0 11669 0 11955 0 315743 0 0 0 DIANE ROGIC DIR CORP. SUPPORT 86917 0 101778 0 0 0 7538 0 11010 0 207243 0 0 0 THOMAS BURTON CDO 163452 0 0 0 0 0 6515 0 0 0 169967 0 0 0 HEATHER MAZZONI CHIEF CONTENT OFFICER 137074 0 0 0 0 0 5477 0 11010 0 153561 0 0 0 FORM 990, SCHEDULE J, LINE 1A: DUES ARE PAID FOR BERT SCHMIDT AND TOM BURTON BUT ARE NOT INCLUDED IN W-2 AS COMPENSATION. THE MEMBERSHIPS ARE NOT USED FOR PERSONAL USE, BUT RATHER MEETINGS FOR THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11: THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE RETURN IS THEN REVIEWED BY WHRO PUBLIC MEDIA'S CFO AND IT IS ALSO REVIEWED BY KEY MEMBERS OF WHRO'S LEADERSHIP. ANY UPDATES ARE SENT BACK TO THE INDEPENDENT ACCOUNTING FIRM. THE FINAL VERSION IS MADE AVAILABLE TO ALL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: ONCE A YEAR, DURING THE SEPTEMBER BOARD MEETING, WE POLL THE BOARD AND HAVE THEM FILL OUT AND SIGN A WRITTEN STATEMENT. ADDITIONALLY, WE HAVE A CONFLICT OF INTEREST STATEMENT FOR EMPLOYEES IN THE EMPLOYEE HANDBOOK. THIS IS REVIEWED AND SIGNED OFF ON BY ALL EMPLOYEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 15A: WHRO PUBLIC MEDIA SEEKS TO ENSURE THAT COMPENSATION IS REASONABLE UNDER SECTION 4958 AND REPRESENTS THE PART VI, FAIR MARKET VALUE FOR SERVICES RENDERED. WHRO PUBLIC MEDIA ROUTINELY UTILIZES BENCHMARK STUDIES AND INDEPENDENT REVIEW OF MARKET COMPENSATION DATA FROM BOTH NONPROFIT AND MEDIA ORGANIZATIONS, PREPARED BY COMPENSATION CONSULTANTS, AT THE TIME OF EMPLOYEE HIRING OR WHEN SPECIAL COMPENSATION ADJUSTMENTS ARE AWARDED. WHRO PUBLIC MEDIA SETS COMPENSATION WITHIN THE RANGE OF THE GOING MARKET RATE. NO INDIVIDUAL HAVING A CONFLICT OF INTEREST UNDER WHRO PUBLIC MEDIA'S CONFLICT OF INTEREST POLICY IS PERMITTED TO PARTICIPATE IN THE COMPENSATION REVIEW OR DECISION MAKING PROCESS. WHRO PUBLIC MEDIA MAINTAINS ALL RECORDS REGARDING COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 19: WE PUT THE ANNUAL REPORT (CONTAINING FINANCIALS) ON OUR WEBSITE. OTHERWISE, EVERYTHING IS IN OUR PUBLIC FILE AND IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: OTHER CHANGES IN NET ASSETS OR FUND BALANCES INCLUDES PLEDGE BAD DEBT EXPENSE $2,148,305 AND A CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT [$358,547]. FORM 990, PART XI, LINE 2C: THE INDEPENDENT AUDITORS MEET WITH THE AUDIT COMMITTEE EACH YEAR BEFORE AND AFTER THE AUDIT. THE AUDIT IS REVIEWED WITH THE AUDITORS AND THE AUDIT COMMITTEE BEFORE BEING ACCEPTED.