Is Community Radio Project Legit?

Quick charity verification for Community Radio Project (EIN: 201404425)

Verdict: Community Radio Project appears trustworthy

75/100Mission Score
$638KRevenue
$1.3MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Community Radio Project demonstrates a consistent operational history with generally stable assets, though recent years show a slight decline from a peak of $1.6M in 2017. The organization's revenue has fluctuated, with the latest reported revenue at $656,489 in 2023, slightly exceeding its 2022 revenue of $575,051 but below its 2021 peak of $822,132. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, indicating a volunteer-led or very low-paid executive structure, which can be a positive sign for donor confidence regarding administrative overhead. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in 7 out of the last 8 reported periods, including a $34,358 deficit in 2023 ($690,847 expenses vs. $656,489 revenue). This trend, if sustained, could impact long-term financial stability despite healthy asset levels. The consistent filing of IRS Form 990s over 13 periods indicates good compliance and transparency in reporting.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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