Poor People's Radio Inc (EIN 237081243) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

Jerome Parson

Phone

4153465373

Tax Period

2024-01-01 to 2024-12-31

Poor People's Radio Inc, founded in 1970, is a small nonprofit in the Arts, Culture & Humanities sector that reported $207K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $195K left a modest 6% surplus.

Mission

Poor Peoples Radio, Inc. dba KPOO FM Radio is a listener-supported, independent, non-profit, non-commercial community radio station.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $207,419

Program Service Revenue $0

Investment Income $51

Other Revenue $0

TOTAL REVENUE $207,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $75,072

Fundraising Expenses $8,477

Program Expenses $151,372

Other Expenses $119,783

TOTAL EXPENSES $194,855

Year-over-Year Comparison

	2024	2023	Change
Revenue	$207,470	$162,314	+0.3%
Expenses	$194,855	$189,172	+0.0%
Net Income	$12,615	$-26,858	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jerome Parson	TREASURER	040.00	Officer Director	$60,000	$0	$60,000
Jerome Parson	PRESIDENT	002.00	Officer Director Key Emp	$0	$0	$0
Harrison Chastang	SECRETARY	002.00	Officer Director	$0	$0	$0
Penny Schoner	MEMBER	002.00	Director	$0	$0	$0
Charles Miller	MEMBER	002.00	Director	$0	$0	$0
Janice Gloe	MEMBER	002.00	Director	$0	$0	$0
Larry Chew	MEMBER	002.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$207,470	$194,855	$344,454	$12,615
2023	$162,314	$189,172	$332,015	$-26,858
2022	$194,904	$213,727	$364,859	$-18,823
2021	$166,203	$169,965	$377,612	$-3,762
2020	$246,680	$161,357	$380,842	$85,323

Poor People's Radio Inc