Community Radio Project

Is Community Radio Project Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Community Radio Project directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Community Radio Project

Community Radio Project (EIN: 201404425) is a nonprofit organization based in Cortez, CO, classified under NTEE code A34. The organization reported total revenue of $638K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Radio Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Community Radio Project with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 15%
• programs: 80%
• fundraising: 5%

According to IRS 990 filings, Community Radio Project allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive team or extremely modest compensation, which is highly favorable for minimizing administrative costs.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Community Radio Project's IRS 990 filings:

• Frequent operational deficits, with expenses exceeding revenue in 7 of the last 8 reported periods.
• Slight decline in total assets from a peak of $1.6M in 2017 to $1.39M in 2023.

Strengths

The following positive indicators were identified for Community Radio Project:

• Consistent reporting of 0% officer compensation, indicating very low executive overhead.
• Healthy asset base of $1.39M in 2023, providing financial stability despite deficits.
• Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
• Strong program focus implied by low administrative and fundraising costs.

Frequently Asked Questions about Community Radio Project

Filing History

IRS 990 filing history for Community Radio Project showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Community Radio Project's revenue has grown by 105.5%, moving from $319K to $656K. Total assets increased by 110.9% over the same period, from $660K to $1.4M. Total functional expenses rose by 134.3%, from $295K to $691K. In its most recent filing year (2023), Community Radio Project reported a deficit of $34K, with expenses exceeding revenue. The organization holds $193K in liabilities against $1.4M in assets (debt-to-asset ratio: 13.9%), resulting in net assets of $1.2M.

Year-by-Year Financial Summary

• 2023: Revenue of $656K, expenses of $691K, and assets of $1.4M (revenue +14.2% year-over-year).
• 2022: Revenue of $575K, expenses of $650K, and assets of $1.5M (revenue -30.1% year-over-year).
• 2021: Revenue of $822K, expenses of $605K, and assets of $1.5M (revenue +28.2% year-over-year).
• 2020: Revenue of $641K, expenses of $617K, and assets of $1.4M (revenue +37.4% year-over-year).
• 2019: Revenue of $467K, expenses of $573K, and assets of $1.3M (revenue -22.2% year-over-year).
• 2018: Revenue of $600K, expenses of $645K, and assets of $1.4M (revenue +3.2% year-over-year).
• 2017: Revenue of $581K, expenses of $654K, and assets of $1.6M (revenue +360.6% year-over-year).
• 2015: Revenue of $126K, expenses of $111K, and assets of $1.6M (revenue -75.0% year-over-year).
• 2015: Revenue of $505K, expenses of $443K, and assets of $1.6M (revenue -23.4% year-over-year).
• 2014: Revenue of $659K, expenses of $416K, and assets of $1.5M (revenue +53.7% year-over-year).
• 2013: Revenue of $429K, expenses of $372K, and assets of $1.3M (revenue -45.5% year-over-year).
• 2012: Revenue of $788K, expenses of $347K, and assets of $1.2M (revenue +146.7% year-over-year).
• 2011: Revenue of $319K, expenses of $295K, and assets of $660K.

Data Sources and Methodology

This transparency report for Community Radio Project is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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