Quick charity verification for Live Wire Radio Inc (EIN: 203813278)
Verdict: Live Wire Radio Inc appears trustworthy
85/100Mission Score
$725KRevenue
$127KAssets
1Red Flags
3Strengths
Red Flags
Expenses consistently exceeding revenue in the last two reported periods (2022 and 2023), leading to operational deficits.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to programs.
Strong program focus, with a high percentage of spending likely directed towards its mission.
Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
Spending Breakdown
How Live Wire Radio Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Live Wire Radio Inc
Is Live Wire Radio Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Live Wire Radio Inc (EIN: 203813278) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Live Wire Radio Inc a good charity to donate to?
Live Wire Radio Inc has a Mission Score of 85/100. Revenue: $725K. Assets: $127K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Live Wire Radio Inc?
The Employer Identification Number (EIN) for Live Wire Radio Inc is 203813278. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Live Wire Radio Inc spend its money?
Live Wire Radio Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Live Wire Radio Inc's tax-exempt status?
You can verify Live Wire Radio Inc's tax-exempt status using EIN 203813278 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Live Wire Radio Inc. demonstrates a generally stable financial position, though recent years show a trend of expenses exceeding revenue. In 2023, expenses were $707,421 against revenues of $668,815, resulting in a deficit. This follows a similar pattern in 2022 where expenses of $635,588 outpaced revenues of $577,472. While the organization has maintained positive net assets, the consistent operational deficits warrant attention to ensure long-term sustainability. The organization's assets have fluctuated, peaking in 2021 at $264,436 and decreasing to $164,597 by 2023.
The organization appears to be highly efficient in its program spending, with a significant portion of its expenditures directed towards its mission. A notable strength is the consistent reporting of 0% officer compensation across all available filings, indicating a commitment to directing funds towards programs rather than executive salaries. This practice enhances transparency and trust. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and financial transparency.