Lexington Community Radio Inc
EIN: 364662643 · Lexington, KY · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $464K |
| Total Expenses | $434K |
| Net Assets | $29K |
Is Lexington Community Radio Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lexington Community Radio Inc
Lexington Community Radio Inc (EIN: 364662643) is a nonprofit organization based in Lexington, KY, classified under NTEE code S20. The organization reported total revenue of $464K and total assets of $220K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lexington Community Radio Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lexington Community Radio Inc is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 95.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $436K |
| Total Expenses | $434K |
| Surplus / Deficit | +$2K |
| Total Assets | $64K |
| Total Liabilities | $35K |
| Net Assets | $29K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 54.6% |
| Months of Reserves | 1.8 months |
Financial Health Grade: B
In 2023, Lexington Community Radio Inc reported a surplus of $2K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 54.6% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Lexington Community Radio Inc's revenue has grown at a compound annual growth rate (CAGR) of 95.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +76.7% | +63.2% | +129.9% |
| 2022 | +0.9% | +18.8% | -39.2% |
| 2021 | +9.6% | +19.4% | -10.0% |
| 2020 | -15.4% | -28.9% | +378.1% |
| 2019 | +13.9% | -3.4% | +237.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lexington Community Radio Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lexington Community Radio Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.6%.
Frequently Asked Questions about Lexington Community Radio Inc
Is Lexington Community Radio Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lexington Community Radio Inc (EIN: 364662643) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lexington Community Radio Inc spend its money?
Detailed spending breakdown data is not yet available for Lexington Community Radio Inc. Check back for updated IRS 990 analysis.
Are donations to Lexington Community Radio Inc tax-deductible?
Lexington Community Radio Inc is registered as a tax-exempt nonprofit (EIN: 364662643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lexington Community Radio Inc located?
Lexington Community Radio Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 364662643. It is classified under NTEE code S20.
How many years of IRS 990 filings does Lexington Community Radio Inc have?
Lexington Community Radio Inc has 12 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 $464K in total revenue.
Filing History
IRS 990 filing history for Lexington Community Radio Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lexington Community Radio Inc's revenue has grown by 161322.2%, moving from $270 to $436K. Total assets increased by 22462.9% over the same period, from $283 to $64K. Total functional expenses rose by 160501.1%, from $270 to $434K. In its most recent filing year (2023), Lexington Community Radio Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $35K in liabilities against $64K in assets (debt-to-asset ratio: 54.6%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $436K | $434K | $64K | $35K | — | — |
| 2022 | $247K | $266K | $28K | $1K | — | — |
| 2021 | $245K | $224K | $46K | $0 | — | View 990 |
| 2020 | $223K | $187K | $51K | $26K | — | View 990 |
| 2019 | $264K | $263K | $11K | $22K | — | View 990 |
| 2018 | $232K | $273K | $3K | $15K | — | View 990 |
| 2017 | $369K | $386K | $29K | $0 | — | View 990 |
| 2016 | $166K | $157K | $72K | $3K | — | View 990 |
| 2015 | $232K | $179K | $67K | $0 | — | View 990 |
| 2014 | $36K | $23K | $14K | $0 | — | View 990 |
| 2013 | $15K | $15K | $283 | $0 | — | View 990 |
| 2012 | $270 | $270 | $283 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $436K, expenses of $434K, and assets of $64K (revenue +76.7% year-over-year).
- 2022: Revenue of $247K, expenses of $266K, and assets of $28K (revenue +0.9% year-over-year).
- 2021: Revenue of $245K, expenses of $224K, and assets of $46K (revenue +9.6% year-over-year).
- 2020: Revenue of $223K, expenses of $187K, and assets of $51K (revenue -15.4% year-over-year).
- 2019: Revenue of $264K, expenses of $263K, and assets of $11K (revenue +13.9% year-over-year).
- 2018: Revenue of $232K, expenses of $273K, and assets of $3K (revenue -37.3% year-over-year).
- 2017: Revenue of $369K, expenses of $386K, and assets of $29K (revenue +122.8% year-over-year).
- 2016: Revenue of $166K, expenses of $157K, and assets of $72K (revenue -28.6% year-over-year).
- 2015: Revenue of $232K, expenses of $179K, and assets of $67K (revenue +544.5% year-over-year).
- 2014: Revenue of $36K, expenses of $23K, and assets of $14K (revenue +141.4% year-over-year).
- 2013: Revenue of $15K, expenses of $15K, and assets of $283 (revenue +5424.4% year-over-year).
- 2012: Revenue of $270, expenses of $270, and assets of $283.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lexington Community Radio Inc:
Data Sources and Methodology
This transparency report for Lexington Community Radio Inc 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.