REAL LIFE RADIO FOUNDATION INC

EIN: 421573358 501(c)(3)

WAYNE CITY, IL

Total Revenue
$150,050
Total Expenses
$129,778
Total Assets
N/A
Net Assets
N/A
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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
2003
Legal Domicile
IL
Principal Officer
RANDY OLSON
Phone
6188953030
Tax Period
2021-01-01 to 2021-12-31

REAL LIFE RADIO FOUNDATION INC, founded in 2003, is a small nonprofit that reported $150K in total revenue in fiscal year 2021. Revenue surged 241% from the prior year, signaling strong growth momentum. Expenses of $130K left a modest 14% surplus.

Mission

TO OPERATE A NON PROFIT, NON-COMMERCIAL RELIGIOUS CHRISTIAN RADIO STATION ON THE FM BAND AT 90.9 MHZ UNDER THE ASSIGNED CALL LETTERS WVYN, WITH THE SLOGAN LINE "90.9 THE VINE" WHICH

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $50
Program Service Revenue $0
Investment Income $150,000
Other Revenue $0
TOTAL REVENUE $150,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,324
Fundraising Expenses $0
Program Expenses $128,580
Other Expenses $5,454
TOTAL EXPENSES $129,778

Year-over-Year Comparison

2021 2020 Change
Revenue $150,050 $43,974 +2.4%
Expenses $129,778 $22,786 +4.7%
Net Income $20,272 $21,188 0.0%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
40

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
3
$124,324
Total Directors
3
$124,324
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDALL LEE OLSON PRESIDENT 30.00
Officer Director
$55,162 $0 $55,162
BRIAN FULLER VICE PRESIDENT 30.00
Officer Director
$44,162 $0 $44,162
MARK WELLS TREASURER 30.00
Officer Director
$25,000 $0 $25,000
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
2021 $150,050 $129,778 No data $20,272
2020 $43,974 $22,786 $220,438 $21,188
2019 $55,362 $48,274 $222,160 $7,088
2018 $95,387 $107,724 $231,781 $-12,337
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