Radius Books Inc
Radius Books Inc shows consistent asset growth and positive net income, with no reported officer compensation.
EIN: 141997383 · Santa Fe, NM · NTEE: A33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $4.0M |
| Transparency Score | 90/100 |
Is Radius Books Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Radius Books Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Radius Books Inc
Radius Books Inc (EIN: 141997383) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code A33. The organization reported total revenue of $2.5M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Radius Books Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Radius Books Inc is a mid-size nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 23.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$624K |
| Total Assets | $4.9M |
| Total Liabilities | $917K |
| Net Assets | $4.0M |
| Operating Margin | 36.9% |
| Debt-to-Asset Ratio | 18.7% |
| Months of Reserves | 55.1 months |
Financial Health Grade: A
In 2023, Radius Books Inc reported a surplus of $624K with revenue exceeding expenses, holds 55.1 months of operating reserves (strong position), has a debt-to-asset ratio of 18.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Radius Books Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +92.5% | +2.8% | +24.6% |
| 2022 | -67.1% | -17.4% | -13.1% |
| 2021 | +18.2% | +20.6% | +72.9% |
| 2020 | +163.2% | +121.5% | +75.3% |
| 2019 | +124.2% | -11.9% | +38.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Radius Books Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Radius Books Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $624K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.7%.
Executive Compensation Analysis
Radius Books Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly unusual for an organization of its size and revenue.
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 Radius Books Inc's IRS 990 filings:
- Unusually high liabilities in 2023 ($916,816) compared to previous years, warranting further investigation into their nature.
- Zero officer compensation reported across all filings, which is atypical for an organization with over $1 million in annual expenses and could indicate compensation is structured in a non-officer capacity or through related entities.
Strengths
The following positive indicators were identified for Radius Books Inc:
- Consistent asset growth, reaching $4,908,406 in 2023, indicating strong financial health.
- Frequent revenue surpluses, demonstrating effective financial management and sustainability.
- Zero reported officer compensation, suggesting a high dedication of funds to programmatic activities.
- Significant increase in revenue over the past decade, from $296,350 in 2014 to $1,693,446 in 2023, showing strong fundraising or earned income capabilities.
Frequently Asked Questions about Radius Books Inc
Is Radius Books Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Radius Books Inc (EIN: 141997383) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Radius Books Inc spend its money?
Radius Books Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Radius Books Inc tax-deductible?
Radius Books Inc is registered as a tax-exempt nonprofit (EIN: 141997383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Radius Books Inc's spending goes to programs?
Radius Books Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Radius Books Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Radius Books Inc is above average for NTEE category A33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Radius Books Inc located?
Radius Books Inc is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 141997383. It is classified under NTEE code A33.
How many years of IRS 990 filings does Radius Books Inc have?
Radius Books Inc has 14 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 $2.5M in total revenue.
Is Radius Books Inc a good charity?
Based on the financial data, Radius Books Inc appears to be a well-managed charity. They consistently generate surpluses, grow their assets, and report no officer compensation, which suggests a strong commitment to their mission and efficient use of funds.
How has Radius Books Inc's financial health changed over time?
Radius Books Inc has shown significant financial growth. Revenue has fluctuated but generally trended upwards, from $296,350 in 2014 to $1,693,446 in 2023. Assets have grown substantially from $587,044 in 2014 to $4,908,406 in 2023, indicating strong financial accumulation and stability.
What is the trend in Radius Books Inc's liabilities?
Liabilities have generally increased over the years, from $75,341 in 2014 to $916,816 in 2023. While this is an increase, it is important to note that assets have grown at a much faster rate, maintaining a healthy asset-to-liability ratio.
Filing History
IRS 990 filing history for Radius Books Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Radius Books Inc's revenue has grown by 1466.7%, moving from $108K to $1.7M. Total assets increased by 941.9% over the same period, from $471K to $4.9M. Total functional expenses rose by 800.4%, from $119K to $1.1M. In its most recent filing year (2023), Radius Books Inc reported a surplus of $624K, with revenue exceeding expenses. The organization holds $917K in liabilities against $4.9M in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.1M | $4.9M | $917K | — | View 990 |
| 2022 | $880K | $1.0M | $3.9M | $638K | — | View 990 |
| 2021 | $2.7M | $1.3M | $4.5M | $299K | — | View 990 |
| 2020 | $2.3M | $1.0M | $2.6M | $64K | — | View 990 |
| 2019 | $860K | $472K | $1.5M | $155K | — | View 990 |
| 2018 | $384K | $536K | $1.1M | $130K | — | View 990 |
| 2017 | $643K | $333K | $1.2M | $60K | — | — |
| 2016 | $341K | $387K | $848K | $56K | — | View 990 |
| 2015 | $414K | $298K | $867K | $29K | — | View 990 |
| 2014 | $296K | $261K | $587K | $75K | — | View 990 |
| 2013 | $205K | $204K | $541K | $45K | — | View 990 |
| 2012 | $90K | $140K | $520K | $19K | — | View 990 |
| 2011 | $155K | $129K | $504K | $9K | — | View 990 |
| 2010 | $108K | $119K | $471K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.1M, and assets of $4.9M (revenue +92.5% year-over-year).
- 2022: Revenue of $880K, expenses of $1.0M, and assets of $3.9M (revenue -67.1% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.3M, and assets of $4.5M (revenue +18.2% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.0M, and assets of $2.6M (revenue +163.2% year-over-year).
- 2019: Revenue of $860K, expenses of $472K, and assets of $1.5M (revenue +124.2% year-over-year).
- 2018: Revenue of $384K, expenses of $536K, and assets of $1.1M (revenue -40.3% year-over-year).
- 2017: Revenue of $643K, expenses of $333K, and assets of $1.2M (revenue +88.4% year-over-year).
- 2016: Revenue of $341K, expenses of $387K, and assets of $848K (revenue -17.6% year-over-year).
- 2015: Revenue of $414K, expenses of $298K, and assets of $867K (revenue +39.7% year-over-year).
- 2014: Revenue of $296K, expenses of $261K, and assets of $587K (revenue +44.3% year-over-year).
- 2013: Revenue of $205K, expenses of $204K, and assets of $541K (revenue +128.1% year-over-year).
- 2012: Revenue of $90K, expenses of $140K, and assets of $520K (revenue -42.1% year-over-year).
- 2011: Revenue of $155K, expenses of $129K, and assets of $504K (revenue +43.8% year-over-year).
- 2010: Revenue of $108K, expenses of $119K, and assets of $471K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Radius Books Inc:
Data Sources and Methodology
This transparency report for Radius Books 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.