Radio Drama Network Inc
Radio Drama Network Inc. faces persistent operating deficits and declining assets over the past decade.
EIN: 133253712 · Stamford, CT · Updated: 2026-03-28
Is Radio Drama Network Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Radio Drama Network Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Radio Drama Network Inc
Radio Drama Network Inc (EIN: 133253712) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $5.5M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Radio Drama Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Radio Drama Network Inc is a mid-size nonprofit that has been operating for 41 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 244.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $809K |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-1,833,984 |
| Total Assets | $9.7M |
| Total Liabilities | $1 |
| Net Assets | $9.7M |
| Operating Margin | -226.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 44.0 months |
Financial Health Grade: B
In 2023, Radio Drama Network Inc reported a deficit of $1.8M with expenses exceeding revenue, holds 44.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Radio Drama Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 244.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.1% | +65.3% | -16.2% |
| 2022 | -13.5% | +12.7% | -8.4% |
| 2021 | -80.0% | -43.7% | -4.8% |
| 2020 | +501.2% | +200.6% | +10.1% |
| 2019 | +62503700.0% | +114.7% | -17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Radio Drama Network 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, Radio Drama Network 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 $1.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries were paid, which is highly unusual for an organization of this size with assets exceeding $8 million.
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 Radio Drama Network Inc's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $1.8M loss in 2023).
- Substantial decline in assets over the past decade (from $15.1M in 2012 to $9.69M in 2023).
- Expenses consistently far outweighing revenue in recent years.
- Lack of detailed expense breakdown in provided data, hindering efficiency assessment.
- Unusually low (0%) reported officer compensation for an organization of this scale.
Strengths
The following positive indicators were identified for Radio Drama Network Inc:
- High transparency regarding executive compensation (reported as 0%).
- Significant asset base, despite recent declines, providing some financial cushion.
Frequently Asked Questions about Radio Drama Network Inc
Is Radio Drama Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Radio Drama Network Inc (EIN: 133253712) significant concerns. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
How does Radio Drama Network Inc spend its money?
Radio Drama Network Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Radio Drama Network Inc tax-deductible?
Radio Drama Network Inc is registered as a tax-exempt nonprofit (EIN: 133253712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Radio Drama Network Inc. financially sustainable?
Based on the consistent trend of expenses significantly exceeding revenue in recent years (e.g., $808,580 revenue vs. $2,642,564 expenses in 2023), the organization's current financial model appears unsustainable without a substantial increase in revenue or reduction in expenses.
Why have the organization's assets declined so significantly?
Assets have declined from over $15 million in 2012 to $9.69 million in 2023, primarily due to the organization consistently spending more than it earns, drawing down on its reserves to cover operational deficits.
What is the nature of the organization's expenses given the low revenue?
Without a detailed breakdown of expenses (program, administrative, fundraising), it's difficult to ascertain the exact nature. However, the high expenses relative to revenue suggest significant operational costs that are not being covered by current income.
Is the 0% officer compensation accurate for an organization of this size?
While reported as 0% across all filings, it is highly unusual for an organization with millions in assets and expenses to report no officer compensation. This could indicate that officers are compensated through other means not reported as direct compensation, or that the organization is entirely volunteer-run at the executive level, which would be exceptional.
Filing History
IRS 990 filing history for Radio Drama Network Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Radio Drama Network Inc's revenue has grown by 80857900%, moving from $1 to $809K. Total assets decreased by 36% over the same period, from $15.1M to $9.7M. Total functional expenses rose by 25.8%, from $2.1M to $2.6M. In its most recent filing year (2023), Radio Drama Network Inc reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $809K | $2.6M | $9.7M | $1 | — | — |
| 2022 | $652K | $1.6M | $11.6M | $1 | — | View 990 |
| 2021 | $753K | $1.4M | $12.6M | $1 | — | View 990 |
| 2020 | $3.8M | $2.5M | $13.3M | $1 | — | — |
| 2019 | $625K | $839K | $12.0M | $0 | — | View 990 |
| 2015 | $1 | $391K | $14.7M | $1 | — | View 990 |
| 2014 | $1 | $2.6M | $14.4M | $17K | — | View 990 |
| 2013 | $1 | $1.3M | $15.0M | $1 | — | View 990 |
| 2012 | $1 | $2.1M | $15.1M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $809K, expenses of $2.6M, and assets of $9.7M (revenue +24.1% year-over-year).
- 2022: Revenue of $652K, expenses of $1.6M, and assets of $11.6M (revenue -13.5% year-over-year).
- 2021: Revenue of $753K, expenses of $1.4M, and assets of $12.6M (revenue -80.0% year-over-year).
- 2020: Revenue of $3.8M, expenses of $2.5M, and assets of $13.3M (revenue +501.2% year-over-year).
- 2019: Revenue of $625K, expenses of $839K, and assets of $12.0M (revenue +62503700.0% year-over-year).
- 2015: Revenue of $1, expenses of $391K, and assets of $14.7M (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $2.6M, and assets of $14.4M (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $1.3M, and assets of $15.0M (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $2.1M, and assets of $15.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Radio Drama Network Inc:
Data Sources and Methodology
This transparency report for Radio Drama Network 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.