Russian Broadcasting Network Inc

Is Russian Broadcasting Network Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Russian Broadcasting Network Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Russian Broadcasting Network Inc

Russian Broadcasting Network Inc (EIN: 205393753) is a nonprofit organization based in Southampton, PA, classified under NTEE code X84. The organization reported total revenue of $2.1M and total assets of $431K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Russian Broadcasting Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Russian Broadcasting Network Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 15%
• programs: 80%
• fundraising: 5%

According to IRS 990 filings, Russian Broadcasting Network Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with over $2 million in annual revenue and suggests either a fully volunteer-led executive team or compensation is categorized differently within other expense lines.

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 Russian Broadcasting Network Inc's IRS 990 filings:

• Lack of detailed expense breakdown in summary data makes precise spending efficiency analysis difficult.
• Zero reported officer compensation is unusual for an organization of this size and could warrant further investigation into how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Russian Broadcasting Network Inc:

• Consistent revenue generation and growth, with 2023 revenue at $2,523,491.
• Healthy financial surpluses in most recent years, such as $372,171 in 2023.
• Significant growth in assets, indicating increasing financial stability.
• Low liabilities relative to assets, suggesting good financial management.
• Consistent IRS 990 filing history, demonstrating transparency.

Frequently Asked Questions about Russian Broadcasting Network Inc

Filing History

IRS 990 filing history for Russian Broadcasting Network Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Russian Broadcasting Network Inc's revenue has grown by 135.3%, moving from $1.1M to $2.5M. Total assets increased by 547.6% over the same period, from $85K to $553K. Total functional expenses rose by 108.3%, from $1.0M to $2.2M. In its most recent filing year (2023), Russian Broadcasting Network Inc reported a surplus of $372K, with revenue exceeding expenses. The organization holds $17K in liabilities against $553K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $536K.

Year-by-Year Financial Summary

• 2023: Revenue of $2.5M, expenses of $2.2M, and assets of $553K (revenue +28.7% year-over-year).
• 2022: Revenue of $2.0M, expenses of $2.1M, and assets of $191K (revenue +1.1% year-over-year).
• 2021: Revenue of $1.9M, expenses of $1.9M, and assets of $342K (revenue +2.1% year-over-year).
• 2020: Revenue of $1.9M, expenses of $1.7M, and assets of $325K (revenue +8.0% year-over-year).
• 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $129K (revenue -1.2% year-over-year).
• 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $132K (revenue -6.7% year-over-year).
• 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $116K (revenue -6.5% year-over-year).
• 2016: Revenue of $2.0M, expenses of $2.1M, and assets of $64K (revenue +48.1% year-over-year).
• 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $79K (revenue +18.7% year-over-year).
• 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $68K (revenue -0.3% year-over-year).
• 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $54K (revenue +8.4% year-over-year).
• 2011: Revenue of $1.1M, expenses of $1.0M, and assets of $85K.

Data Sources and Methodology

This transparency report for Russian Broadcasting 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.