Public Radio East Foundation
EIN: 561802728 · New Bern, NC
Is Public Radio East Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Public Radio East Foundation
Public Radio East Foundation (EIN: 561802728) is a nonprofit organization based in New Bern, NC. The organization reported total revenue of $894K and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Public Radio East Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Public Radio East Foundation is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $698K |
| Total Expenses | $696K |
| Surplus / Deficit | +$2K |
| Total Assets | $195K |
| Net Assets | $195K |
| Operating Margin | 0.3% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Public Radio East Foundation reported a surplus of $2K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Public Radio East Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | -3.9% | +1.0% |
| 2022 | +12.4% | +9.2% | -10.7% |
| 2021 | +3.6% | +4.7% | +2.9% |
| 2020 | -1.6% | -3.2% | -7.3% |
| 2019 | -21.5% | -14.7% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Public Radio East Foundation 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 Public Radio East Foundation 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.
Frequently Asked Questions about Public Radio East Foundation
Is Public Radio East Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Public Radio East Foundation (EIN: 561802728) insufficient data. 0 red flags identified, 0 strengths noted.
How does Public Radio East Foundation spend its money?
Detailed spending breakdown data is not yet available for Public Radio East Foundation. Check back for updated IRS 990 analysis.
Are donations to Public Radio East Foundation tax-deductible?
Public Radio East Foundation is registered as a tax-exempt nonprofit (EIN: 561802728). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Public Radio East Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Public Radio East Foundation's revenue has declined by 2.4%, moving from $715K to $698K. Total assets increased by 49.1% over the same period, from $131K to $195K. Total functional expenses fell by 4.8%, from $731K to $696K. In its most recent filing year (2023), Public Radio East Foundation reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $698K | $696K | $195K | $0 | — | — |
| 2022 | $726K | $724K | $193K | $0 | — | View 990 |
| 2021 | $646K | $663K | $216K | $25K | — | — |
| 2020 | $623K | $633K | $210K | $68 | — | View 990 |
| 2019 | $633K | $654K | $227K | $760 | — | View 990 |
| 2018 | $807K | $767K | $248K | $1K | — | View 990 |
| 2017 | $720K | $754K | $209K | $3K | — | View 990 |
| 2016 | $639K | $665K | $241K | $658 | — | View 990 |
| 2015 | $655K | $677K | $278K | $11K | — | View 990 |
| 2014 | $717K | $671K | $289K | $523 | — | View 990 |
| 2013 | $719K | $629K | $243K | $260 | — | View 990 |
| 2012 | $765K | $683K | $154K | $600 | — | View 990 |
| 2011 | $715K | $731K | $131K | $59K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $698K, expenses of $696K, and assets of $195K (revenue -3.9% year-over-year).
- 2022: Revenue of $726K, expenses of $724K, and assets of $193K (revenue +12.4% year-over-year).
- 2021: Revenue of $646K, expenses of $663K, and assets of $216K (revenue +3.6% year-over-year).
- 2020: Revenue of $623K, expenses of $633K, and assets of $210K (revenue -1.6% year-over-year).
- 2019: Revenue of $633K, expenses of $654K, and assets of $227K (revenue -21.5% year-over-year).
- 2018: Revenue of $807K, expenses of $767K, and assets of $248K (revenue +12.1% year-over-year).
- 2017: Revenue of $720K, expenses of $754K, and assets of $209K (revenue +12.7% year-over-year).
- 2016: Revenue of $639K, expenses of $665K, and assets of $241K (revenue -2.4% year-over-year).
- 2015: Revenue of $655K, expenses of $677K, and assets of $278K (revenue -8.7% year-over-year).
- 2014: Revenue of $717K, expenses of $671K, and assets of $289K (revenue -0.3% year-over-year).
- 2013: Revenue of $719K, expenses of $629K, and assets of $243K (revenue -6.0% year-over-year).
- 2012: Revenue of $765K, expenses of $683K, and assets of $154K (revenue +7.0% year-over-year).
- 2011: Revenue of $715K, expenses of $731K, and assets of $131K.
Data Sources and Methodology
This transparency report for Public Radio East Foundation 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.