Northshore Radio Inc
Northshore Radio Inc. faces significant financial distress with liabilities far exceeding assets and consistent operating losses.
EIN: 205835564 · New Orleans, LA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $182K |
| Total Expenses | $233K |
| Program Spending | 70% |
| Net Assets | $-608,927 |
| Transparency Score | 45/100 |
Is Northshore Radio Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northshore Radio Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Northshore Radio Inc
Northshore Radio Inc (EIN: 205835564) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $182K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northshore Radio Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northshore Radio Inc is a small nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $233K |
| Surplus / Deficit | $-51,553 |
| Total Assets | $3K |
| Total Liabilities | $612K |
| Net Assets | $-608,927 |
| Operating Margin | -28.4% |
| Debt-to-Asset Ratio | 17719.4% |
| Months of Reserves | 0.2 months |
Financial Health Grade: D
In 2023, Northshore Radio Inc reported a deficit of $52K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 17719.4% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Northshore Radio Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | -37.4% | -91.7% |
| 2022 | -7.9% | +118.8% | +1202.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 2020 |
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 Northshore Radio Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Northshore Radio Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $52K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17719.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all three fiscal years, which is commendable and suggests that leadership is not drawing a salary from the organization's limited funds.
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 Northshore Radio Inc's IRS 990 filings:
- Significant and growing liabilities ($612,383 in 2023) far exceeding assets ($3,456 in 2023).
- Consistent operating losses in the last two fiscal years (expenses of $233,248 vs. revenue of $181,695 in 2023; expenses of $372,795 vs. revenue of $178,886 in 2022).
- Negative net asset position, indicating severe financial distress.
Strengths
The following positive indicators were identified for Northshore Radio Inc:
- Zero officer compensation reported across all three years, indicating a commitment to minimizing administrative costs at the leadership level.
Frequently Asked Questions about Northshore Radio Inc
Is Northshore Radio Inc a legitimate charity?
Northshore Radio Inc (EIN: 205835564) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 45/100. It has 3 years of IRS 990 filings on record. Total revenue: $182K. 3 red flags identified. 1 strength noted. Financial health grade: D.
How does Northshore Radio Inc spend its money?
Northshore Radio Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Northshore Radio Inc tax-deductible?
Northshore Radio Inc is registered as a tax-exempt nonprofit (EIN: 205835564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northshore Radio Inc's spending goes to programs?
Northshore Radio Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Northshore Radio Inc located?
Northshore Radio Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 205835564.
How many years of IRS 990 filings does Northshore Radio Inc have?
Northshore Radio Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $182K in total revenue.
Is Northshore Radio Inc. a good charity?
Based on the financial data, Northshore Radio Inc. is facing severe financial challenges, with liabilities significantly outweighing assets and consistent operating losses in the last two years. While officer compensation is 0%, the overall financial health is a major concern for potential donors.
What is the primary financial concern for Northshore Radio Inc.?
The primary financial concern is the organization's solvency, with liabilities of $612,383 far exceeding assets of $3,456 in 2023, indicating a substantial negative net asset position and potential inability to meet its obligations.
How has Northshore Radio Inc.'s revenue trended?
Revenue has been relatively stable, fluctuating between $178,886 and $194,250 over the past three years, but it has not been sufficient to cover expenses in the last two fiscal periods.
Filing History
IRS 990 filing history for Northshore Radio Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Northshore Radio Inc's revenue has declined by 6.5%, moving from $194K to $182K. Total assets increased by 7.9% over the same period, from $3K to $3K. Total functional expenses rose by 36.9%, from $170K to $233K. In its most recent filing year (2023), Northshore Radio Inc reported a deficit of $52K, with expenses exceeding revenue. The organization holds $612K in liabilities against $3K in assets (debt-to-asset ratio: 17719.4%), resulting in net assets of $-608,927.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $233K | $3K | $612K | — | — |
| 2022 | $179K | $373K | $42K | $599K | — | View 990 |
| 2021 | $194K | $170K | $3K | $415K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $233K, and assets of $3K (revenue +1.6% year-over-year).
- 2022: Revenue of $179K, expenses of $373K, and assets of $42K (revenue -7.9% year-over-year).
- 2021: Revenue of $194K, expenses of $170K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northshore Radio Inc:
Data Sources and Methodology
This transparency report for Northshore 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.