Latino Public Radio
Latino Public Radio operates with fluctuating revenues and expenses, often incurring deficits, and maintains low assets with no reported officer compensation.
EIN: 205823948 · Cranston, RI · NTEE: A34 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $173K |
| Program Spending | 80% |
| Net Assets | $-3,388 |
| Transparency Score | 65/100 |
Is Latino Public Radio Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Latino Public Radio directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Latino Public Radio
Latino Public Radio (EIN: 205823948) is a nonprofit organization based in Cranston, RI, classified under NTEE code A34. The organization reported total revenue of $209K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latino Public Radio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latino Public Radio is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $173K |
| Surplus / Deficit | +$14K |
| Total Assets | $34K |
| Total Liabilities | $38K |
| Net Assets | $-3,388 |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 109.9% |
| Months of Reserves | 2.4 months |
Financial Health Grade: B
In 2023, Latino Public Radio reported a surplus of $14K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 109.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Latino Public Radio's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | -16.1% | +24.5% |
| 2022 | -26.4% | -16.5% | -39.8% |
| 2021 | +66.0% | +83.9% | +31.6% |
| 2020 | +211.8% | +194.3% | +481.4% |
| 2019 | +4.1% | -4.9% | +16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Latino Public Radio with a Mission Score of 65 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, Latino Public Radio 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 109.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests a volunteer-led or very lean leadership structure.
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 Latino Public Radio's IRS 990 filings:
- Frequent operational deficits (e.g., 2022, 2017, 2016, 2015) where expenses exceeded revenue, indicating potential financial instability.
- Low asset base ($39,644 latest) relative to annual revenue, suggesting limited financial reserves.
- Liabilities often exceed assets (e.g., 2023, 2022, 2021, 2020), raising concerns about long-term solvency.
- Lack of detailed functional expense breakdown in summary data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Latino Public Radio:
- Consistent filing of IRS 990s demonstrates commitment to regulatory compliance and transparency.
- Reported 0% officer compensation across all filings indicates a highly lean or volunteer-driven leadership, potentially maximizing funds for mission-related activities.
- Long operational history (13 filings) despite financial fluctuations suggests resilience and community support.
- Maintains operations as a public radio station, serving a specific community need (Latino community in Cranston, RI).
Frequently Asked Questions about Latino Public Radio
Is Latino Public Radio a legitimate charity?
Based on AI analysis of IRS 990 filings, Latino Public Radio (EIN: 205823948) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Latino Public Radio spend its money?
Latino Public Radio directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Latino Public Radio tax-deductible?
Latino Public Radio is registered as a tax-exempt nonprofit (EIN: 205823948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Latino Public Radio's spending goes to programs?
Latino Public Radio directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Latino Public Radio compare to similar nonprofits?
With a transparency score of 65/100 (Good), Latino Public Radio is above average for NTEE category A34 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Latino Public Radio located?
Latino Public Radio is headquartered in Cranston, Rhode Island and files with the IRS under EIN 205823948. It is classified under NTEE code A34.
How many years of IRS 990 filings does Latino Public Radio have?
Latino Public Radio has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $209K in total revenue.
How does Latino Public Radio sustain operations with consistent deficits and no officer compensation?
The consistent reporting of 0% officer compensation suggests a volunteer-driven leadership or that key personnel are compensated through other means not classified as officer compensation, or that the organization relies heavily on volunteer efforts for its core operations. The deficits indicate that the organization may be drawing down on prior reserves (if any existed) or relying on short-term funding to cover operational gaps.
What is the primary source of funding for Latino Public Radio?
While specific funding sources are not detailed in the provided data, the revenue figures suggest a mix of community support, grants, or potentially advertising/sponsorships typical for a public radio station. The fluctuations indicate a reliance on diverse or inconsistent funding streams.
What are the specific program activities funded by Latino Public Radio?
As a 'Public Radio' organization (NTEE A34), its primary program activities would likely involve broadcasting, content creation, and community engagement related to its mission. However, the provided financial data does not detail specific program expenditures.
Filing History
IRS 990 filing history for Latino Public Radio showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Latino Public Radio's revenue has declined by 36.6%, moving from $294K to $187K. Total assets decreased by 22% over the same period, from $44K to $34K. Total functional expenses fell by 42.6%, from $300K to $173K. In its most recent filing year (2023), Latino Public Radio reported a surplus of $14K, with revenue exceeding expenses. The organization holds $38K in liabilities against $34K in assets (debt-to-asset ratio: 109.9%), resulting in net assets of $-3,388.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $187K | $173K | $34K | $38K | — | — |
| 2022 | $187K | $206K | $27K | $45K | — | View 990 |
| 2021 | $254K | $246K | $46K | $45K | — | View 990 |
| 2020 | $153K | $134K | $35K | $42K | — | View 990 |
| 2019 | $49K | $46K | $6K | $32K | — | View 990 |
| 2018 | $47K | $48K | $5K | $35K | — | View 990 |
| 2017 | $272K | $349K | $4K | $34K | — | View 990 |
| 2016 | $309K | $371K | $109K | $61K | — | View 990 |
| 2015 | $225K | $269K | $14K | $45K | — | View 990 |
| 2014 | $294K | $273K | $14K | $1K | — | View 990 |
| 2013 | $284K | $299K | $19K | $26K | — | View 990 |
| 2012 | $362K | $349K | $16K | $9K | — | View 990 |
| 2011 | $294K | $300K | $44K | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $187K, expenses of $173K, and assets of $34K (revenue -0.2% year-over-year).
- 2022: Revenue of $187K, expenses of $206K, and assets of $27K (revenue -26.4% year-over-year).
- 2021: Revenue of $254K, expenses of $246K, and assets of $46K (revenue +66.0% year-over-year).
- 2020: Revenue of $153K, expenses of $134K, and assets of $35K (revenue +211.8% year-over-year).
- 2019: Revenue of $49K, expenses of $46K, and assets of $6K (revenue +4.1% year-over-year).
- 2018: Revenue of $47K, expenses of $48K, and assets of $5K (revenue -82.6% year-over-year).
- 2017: Revenue of $272K, expenses of $349K, and assets of $4K (revenue -11.9% year-over-year).
- 2016: Revenue of $309K, expenses of $371K, and assets of $109K (revenue +37.0% year-over-year).
- 2015: Revenue of $225K, expenses of $269K, and assets of $14K (revenue -23.4% year-over-year).
- 2014: Revenue of $294K, expenses of $273K, and assets of $14K (revenue +3.5% year-over-year).
- 2013: Revenue of $284K, expenses of $299K, and assets of $19K (revenue -21.6% year-over-year).
- 2012: Revenue of $362K, expenses of $349K, and assets of $16K (revenue +23.0% year-over-year).
- 2011: Revenue of $294K, expenses of $300K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latino Public Radio:
Data Sources and Methodology
This transparency report for Latino Public Radio 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.