Friends Of Public Radio Arizona
Friends Of Public Radio Arizona consistently generates revenue surpluses and reports no officer compensation.
EIN: 10579687 · Tempe, AZ · NTEE: A11 · Updated: 2026-03-27
Is Friends Of Public Radio Arizona Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Public Radio Arizona directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Public Radio Arizona
Friends Of Public Radio Arizona (EIN: 10579687) is a nonprofit organization based in Tempe, AZ, classified under NTEE code A11. The organization reported total revenue of $8.2M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Public Radio Arizona's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Public Radio Arizona is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.8M |
| Total Expenses | $6.5M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $8.9M |
| Total Liabilities | $21K |
| Net Assets | $8.8M |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 16.4 months |
Financial Health Grade: A
In 2023, Friends Of Public Radio Arizona reported a surplus of $1.3M with revenue exceeding expenses, holds 16.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Public Radio Arizona's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.3% | -12.4% | +18.0% |
| 2022 | -8.9% | +21.2% | -2.5% |
| 2021 | +15.7% | -16.9% | +46.6% |
| 2020 | +4.3% | -2.7% | -6.0% |
| 2019 | -1.0% | -1.8% | -13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of Public Radio Arizona with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Friends Of Public Radio Arizona allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive indicator of financial efficiency and a commitment to directing resources towards the mission.
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.
Strengths
The following positive indicators were identified for Friends Of Public Radio Arizona:
- Consistent revenue surpluses in recent years (e.g., $7,838,413 revenue vs. $6,497,597 expenses in 202306).
- Zero reported officer compensation across all filings, indicating high efficiency and transparency.
- Strong and growing asset base, increasing from $5,257,633 in 202006 to $8,864,505 in 202306.
- Low liabilities relative to assets, suggesting good financial management (e.g., $20,864 liabilities vs. $8,864,505 assets in 202306).
Frequently Asked Questions about Friends Of Public Radio Arizona
Is Friends Of Public Radio Arizona a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Public Radio Arizona (EIN: 10579687) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Friends Of Public Radio Arizona spend its money?
Friends Of Public Radio Arizona directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Public Radio Arizona tax-deductible?
Friends Of Public Radio Arizona is registered as a tax-exempt nonprofit (EIN: 10579687). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of Public Radio Arizona financially stable?
Yes, the organization appears financially stable, consistently generating revenue surpluses in recent years (e.g., $7,838,413 revenue vs. $6,497,597 expenses in 202306) and maintaining a strong and growing asset base ($8,864,505 in 202306).
How does Friends Of Public Radio Arizona manage executive compensation?
Friends Of Public Radio Arizona reports 0% officer compensation across all available filings, indicating that no officers receive salaries from the organization, which is a strong positive for financial efficiency.
Has the organization's financial health improved over time?
Yes, the organization's financial health has improved, moving from periods where expenses exceeded revenue (e.g., 201906, 201806) to consistent surpluses in recent years (e.g., 202306, 202206, 202106), and growing assets from $5,257,633 in 202006 to $8,864,505 in 202306.
Filing History
IRS 990 filing history for Friends Of Public Radio Arizona showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Public Radio Arizona's revenue has grown by 139%, moving from $3.3M to $7.8M. Total assets increased by 91.8% over the same period, from $4.6M to $8.9M. Total functional expenses rose by 378.8%, from $1.4M to $6.5M. In its most recent filing year (2023), Friends Of Public Radio Arizona reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $21K in liabilities against $8.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.8M | $6.5M | $8.9M | $21K | — | View 990 |
| 2022 | $7.4M | $7.4M | $7.5M | $111K | — | View 990 |
| 2021 | $8.2M | $6.1M | $7.7M | $44K | — | View 990 |
| 2020 | $7.1M | $7.4M | $5.3M | $35K | — | View 990 |
| 2019 | $6.8M | $7.6M | $5.6M | $26K | — | View 990 |
| 2018 | $6.8M | $7.7M | $6.4M | $97K | — | View 990 |
| 2017 | $6.0M | $9.7M | $7.3M | $100K | — | View 990 |
| 2016 | $6.0M | $5.3M | $10.9M | $58K | — | View 990 |
| 2015 | $5.3M | $4.7M | $10.5M | $39K | — | View 990 |
| 2014 | $5.0M | $5.0M | $10.2M | $27K | — | View 990 |
| 2013 | $4.7M | $2.3M | $9.5M | $17K | — | View 990 |
| 2012 | $3.5M | $1.1M | $7.0M | $65K | — | View 990 |
| 2011 | $3.3M | $1.4M | $4.6M | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.8M, expenses of $6.5M, and assets of $8.9M (revenue +5.3% year-over-year).
- 2022: Revenue of $7.4M, expenses of $7.4M, and assets of $7.5M (revenue -8.9% year-over-year).
- 2021: Revenue of $8.2M, expenses of $6.1M, and assets of $7.7M (revenue +15.7% year-over-year).
- 2020: Revenue of $7.1M, expenses of $7.4M, and assets of $5.3M (revenue +4.3% year-over-year).
- 2019: Revenue of $6.8M, expenses of $7.6M, and assets of $5.6M (revenue -1.0% year-over-year).
- 2018: Revenue of $6.8M, expenses of $7.7M, and assets of $6.4M (revenue +14.8% year-over-year).
- 2017: Revenue of $6.0M, expenses of $9.7M, and assets of $7.3M (revenue -1.0% year-over-year).
- 2016: Revenue of $6.0M, expenses of $5.3M, and assets of $10.9M (revenue +12.5% year-over-year).
- 2015: Revenue of $5.3M, expenses of $4.7M, and assets of $10.5M (revenue +7.8% year-over-year).
- 2014: Revenue of $5.0M, expenses of $5.0M, and assets of $10.2M (revenue +4.9% year-over-year).
- 2013: Revenue of $4.7M, expenses of $2.3M, and assets of $9.5M (revenue +36.8% year-over-year).
- 2012: Revenue of $3.5M, expenses of $1.1M, and assets of $7.0M (revenue +5.3% year-over-year).
- 2011: Revenue of $3.3M, expenses of $1.4M, and assets of $4.6M.
Data Sources and Methodology
This transparency report for Friends Of Public Radio Arizona 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.