Thin Air Community Radio

Thin Air Community Radio experienced significant revenue growth and a substantial surplus in its latest fiscal year.

EIN: 205354265 · Spokane, WA · NTEE: A340 · Updated: 2026-03-28

$143KRevenue

$140KAssets

85/100Mission Score (Excellent)

A340

About Thin Air Community Radio

Thin Air Community Radio (EIN: 205354265) is a nonprofit organization based in Spokane, WA, classified under NTEE code A340. The organization reported total revenue of $143K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thin Air Community Radio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Thin Air Community Radio demonstrates a fluctuating but generally improving financial trajectory. While historical revenues hovered around $140,000-$150,000 with consistent deficits, the most recent filing (202312) shows a significant increase in revenue to $442,437, resulting in a substantial surplus of $183,033 ($442,437 revenue - $259,404 expenses). This recent growth is a positive indicator of financial health. The organization consistently reports 0% officer compensation, which is a strong sign of efficient spending at the executive level and commitment to mission over personal gain. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of program spending efficiency challenging. The organization's assets have also shown growth, reaching $232,622 in 202312, providing a stronger financial cushion.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Thin Air Community Radio with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Thin Air Community Radio 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

Thin Air Community Radio consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly commendable for a nonprofit of its size.

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 Thin Air Community Radio's IRS 990 filings:

Inconsistent revenue and expense patterns in prior years, leading to deficits.

Strengths

The following positive indicators were identified for Thin Air Community Radio:

Significant revenue growth in the latest fiscal year (202312) to $442,437.
Consistent reporting of 0% officer compensation, indicating strong financial stewardship.
Substantial surplus of $183,033 in 202312, improving financial health.
Low liabilities in the most recent filing ($3,325 in 202312).

Frequently Asked Questions about Thin Air Community Radio

What caused the significant revenue increase in 2023?

The provided data does not specify the source of the $442,437 revenue in 2023, which is a substantial jump from previous years' averages of around $150,000. Further investigation into their 990 filing for that period would be needed to identify specific grants, donations, or other income streams.

How does Thin Air Community Radio manage its liabilities?

The organization's liabilities have generally remained low, with the exception of 202212 where they reached $222,217. However, in 202312, liabilities significantly decreased to $3,325, indicating effective management and reduction of debt.

Is the organization financially stable given past deficits?

While Thin Air Community Radio experienced deficits in several prior years (e.g., $14,701 in 202212, $14,701 in 202112), the substantial surplus of $183,033 in 202312 significantly improves its financial stability and provides a strong buffer against future operational costs.

Filing History

IRS 990 filing history for Thin Air Community Radio showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Thin Air Community Radio's revenue has grown by 53.1%, moving from $289K to $442K. Total assets decreased by 23% over the same period, from $302K to $233K. Total functional expenses rose by 97.2%, from $132K to $259K. In its most recent filing year (2023), Thin Air Community Radio reported a surplus of $183K, with revenue exceeding expenses. The organization holds $3K in liabilities against $233K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $229K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$442K	$259K	$233K	$3K	—	—
2022	$208K	$223K	$268K	$222K	—	View 990
2021	$156K	$170K	$77K	$16K	—	View 990
2020	$156K	$143K	$102K	$26K	—	View 990
2019	$150K	$168K	$85K	$22K	—	View 990
2018	$135K	$168K	$98K	$17K	—	View 990
2017	$131K	$157K	$128K	$14K	—	View 990
2016	$149K	$163K	$159K	$19K	—	View 990
2015	$143K	$150K	$175K	$19K	—	View 990
2014	$144K	$177K	$184K	$22K	—	View 990
2013	$145K	$181K	$201K	$11K	—	View 990
2012	$142K	$163K	$259K	$7K	—	View 990
2011	$289K	$132K	$302K	$35K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $442K, expenses of $259K, and assets of $233K (revenue +112.6% year-over-year).
2022: Revenue of $208K, expenses of $223K, and assets of $268K (revenue +33.6% year-over-year).
2021: Revenue of $156K, expenses of $170K, and assets of $77K (revenue +0.1% year-over-year).
2020: Revenue of $156K, expenses of $143K, and assets of $102K (revenue +3.9% year-over-year).
2019: Revenue of $150K, expenses of $168K, and assets of $85K (revenue +10.6% year-over-year).
2018: Revenue of $135K, expenses of $168K, and assets of $98K (revenue +3.0% year-over-year).
2017: Revenue of $131K, expenses of $157K, and assets of $128K (revenue -11.5% year-over-year).
2016: Revenue of $149K, expenses of $163K, and assets of $159K (revenue +3.8% year-over-year).
2015: Revenue of $143K, expenses of $150K, and assets of $175K (revenue -0.9% year-over-year).
2014: Revenue of $144K, expenses of $177K, and assets of $184K (revenue -0.3% year-over-year).
2013: Revenue of $145K, expenses of $181K, and assets of $201K (revenue +1.7% year-over-year).
2012: Revenue of $142K, expenses of $163K, and assets of $259K (revenue -50.7% year-over-year).
2011: Revenue of $289K, expenses of $132K, and assets of $302K.

Data Sources and Methodology

This transparency report for Thin Air Community Radio 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.