Radio Eye Inc
EIN: 611148801 · Lexington, KY · NTEE: A34Z
| Metric | Value |
|---|---|
| Total Revenue | $309K |
| Total Expenses | $241K |
| Net Assets | $585K |
Is Radio Eye Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Radio Eye Inc
Radio Eye Inc (EIN: 611148801) is a nonprofit organization based in Lexington, KY, classified under NTEE code A34Z. The organization reported total revenue of $309K and total assets of $652K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Radio Eye Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Radio Eye Inc is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $241K |
| Surplus / Deficit | $-59,620 |
| Total Assets | $654K |
| Total Liabilities | $69K |
| Net Assets | $585K |
| Operating Margin | -32.9% |
| Debt-to-Asset Ratio | 10.6% |
| Months of Reserves | 32.6 months |
Financial Health Grade: B
In 2023, Radio Eye Inc reported a deficit of $60K with expenses exceeding revenue, holds 32.6 months of operating reserves (strong position), has a debt-to-asset ratio of 10.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Radio Eye Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.0% | -16.3% | -7.1% |
| 2022 | -5.2% | +12.5% | -15.4% |
| 2021 | +24.6% | +9.5% | +12.6% |
| 2020 | +1.4% | -19.1% | +16.8% |
| 2019 | +8.4% | +14.8% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Radio Eye 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 Radio Eye 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 deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.6%.
Frequently Asked Questions about Radio Eye Inc
Is Radio Eye Inc a legitimate charity?
Radio Eye Inc (EIN: 611148801) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $309K. No red flags identified. Financial health grade: B.
How does Radio Eye Inc spend its money?
Radio Eye Inc reported $309K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Radio Eye Inc tax-deductible?
Radio Eye Inc is registered as a tax-exempt nonprofit (EIN: 611148801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Radio Eye Inc located?
Radio Eye Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 611148801. It is classified under NTEE code A34Z.
How many years of IRS 990 filings does Radio Eye Inc have?
Radio Eye Inc 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 $309K in total revenue.
Filing History
IRS 990 filing history for Radio Eye Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Radio Eye Inc's revenue has grown by 69.3%, moving from $107K to $181K. Total assets increased by 14.3% over the same period, from $572K to $654K. Total functional expenses rose by 224.5%, from $74K to $241K. In its most recent filing year (2023), Radio Eye Inc reported a deficit of $60K, with expenses exceeding revenue. The organization holds $69K in liabilities against $654K in assets (debt-to-asset ratio: 10.6%), resulting in net assets of $585K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $241K | $654K | $69K | — | View 990 |
| 2022 | $292K | $288K | $704K | $69K | — | View 990 |
| 2021 | $309K | $256K | $832K | $71K | — | View 990 |
| 2020 | $248K | $234K | $739K | $69K | — | — |
| 2019 | $244K | $289K | $632K | $5K | — | View 990 |
| 2018 | $225K | $252K | $617K | $5K | — | View 990 |
| 2017 | $200K | $236K | $705K | $4K | — | View 990 |
| 2016 | $163K | $204K | $701K | $4K | — | View 990 |
| 2015 | $155K | $166K | $722K | $5K | — | View 990 |
| 2014 | $151K | $135K | $755K | $3K | — | View 990 |
| 2013 | $169K | $113K | $723K | $4K | — | View 990 |
| 2012 | $125K | $89K | $631K | $0 | — | View 990 |
| 2011 | $107K | $74K | $572K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $241K, and assets of $654K (revenue -38.0% year-over-year).
- 2022: Revenue of $292K, expenses of $288K, and assets of $704K (revenue -5.2% year-over-year).
- 2021: Revenue of $309K, expenses of $256K, and assets of $832K (revenue +24.6% year-over-year).
- 2020: Revenue of $248K, expenses of $234K, and assets of $739K (revenue +1.4% year-over-year).
- 2019: Revenue of $244K, expenses of $289K, and assets of $632K (revenue +8.4% year-over-year).
- 2018: Revenue of $225K, expenses of $252K, and assets of $617K (revenue +12.7% year-over-year).
- 2017: Revenue of $200K, expenses of $236K, and assets of $705K (revenue +22.7% year-over-year).
- 2016: Revenue of $163K, expenses of $204K, and assets of $701K (revenue +5.1% year-over-year).
- 2015: Revenue of $155K, expenses of $166K, and assets of $722K (revenue +2.8% year-over-year).
- 2014: Revenue of $151K, expenses of $135K, and assets of $755K (revenue -10.9% year-over-year).
- 2013: Revenue of $169K, expenses of $113K, and assets of $723K (revenue +35.5% year-over-year).
- 2012: Revenue of $125K, expenses of $89K, and assets of $631K (revenue +16.7% year-over-year).
- 2011: Revenue of $107K, expenses of $74K, and assets of $572K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Radio Eye Inc:
Data Sources and Methodology
This transparency report for Radio Eye 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.