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Way Media Inc

Foundation · Grantmaker Colorado Springs, CO EIN: 59-2659856 Website

WAY Media, d.b.a. WAY-FM Media Group, Inc. (WAY-FM) operates commercial and non-commercial WAY-FM Christian radio stations and a radio network. WAY-FM uses media in a culturally relevant way to influence this generation to love and follow Jesus.

Key facts about Way Media Inc

EIN
59-2659856
Latest 990 filing
Form 990-PF, 2022

Data from IRS Form 990-PF, 2022; updated September 2026.

Next steps with Way Media Inc

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Revenue

$18.8M

-2.9% YoY

Net Investment Income

$631K

+237.3% YoY

Expenses

$15.0M

-4.9% YoY

About Way Media Inc

Based on IRS filings

Way Media Inc is a nonprofit organization focused on Religion Related, based in Colorado Springs, CO. IRS filing data is available from 2020 through 2022. Net investment income was $631K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

IrvineLittle RockWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$11M$16M$21M202020212022
Metric202220212020
Total Assets—$26,819,663$26,998,689
Revenue$18,831,915$19,398,168$19,028,429
Expenses$14,951,759$15,729,751$15,648,309
Qualifying Distributions———
Net Investment Income$630,628$186,988$5,910
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$27K$41K$55K1 grants20202 grants20210 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2022

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2022.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

John Scaggs — Former CEO (Former Officer): $286KJohn ScaggsFormer CEO (Former Officer)$286KBilly J O'Neal — Chief Development Officer: $203KBilly J O'NealChief Development Officer$203KRon Harrell — VP, Content: $200KRon HarrellVP, Content$200KTim Dukes — Interim CEO/President: $196KTim DukesInterim CEO/President$196KJames Marshall — VP, Broadcast Operations: $167KJames MarshallVP, Broadcast Operations$167KGary Wallace — Morning show host: $161KGary WallaceMorning show host$161KDonald Taft Ayers — Business Development Director: $151KDonald Taft AyersBusiness Development Director$151KMike Jenkins — Director, Underwriting & Sales: $137KMike JenkinsDirector, Underwriting & Sales$137KMichael Tedesco — Regional Manager: $126KMichael TedescoRegional Manager$126KZach Cochran — Regional Manager: $122KZach CochranRegional Manager$122K

From 2022 IRS filing

NameTitleHoursCompensation
Tim DukesInterim CEO/President40$196,105
Nancy OverfieldDirector/Chair1—
Andy BurdsallDirector/Treasurer1—
Curt SwindollDirector/Secretary1—
Ash GreysonDirector1—
Mark MaxwellDirector1—
Gregg CapinDirector1—
Joe BattagliaDirector1—
Gabrielle BoscheDirector1—
Billy J O'NealChief Development Officer40$203,345
Ron HarrellVP, Content40$200,250
James MarshallVP, Broadcast Operations40$167,457
Gary WallaceMorning show host40$161,082
Mike JenkinsDirector, Underwriting & Sales40$137,105
Donald Taft AyersBusiness Development Director40$150,853
Zach CochranRegional Manager40$122,128
Michael TedescoRegional Manager40$125,697
John ScaggsFormer CEO (Former Officer)—$285,700

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Way Media Inc?

Way Media Inc is a nonprofit organization focused on Religion Related, based in Colorado Springs, CO. It holds — in total assets as of 2022.

Where does Way Media Inc operate?

Way Media Inc has awarded grants in Arkansas, California, District of Columbia.

What is Way Media Inc's EIN?

Way Media Inc's EIN (Employer Identification Number) is 59-2659856. IRS Form 990 filing data is available on this page for 2020–2022.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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