PUBLIC RADIO EAST FOUNDATION

EIN: 561802728 501(c)(3)

NEW BERN, NC

Total Revenue
$885,200
Total Expenses
$876,287
Total Assets
$239,681
Net Assets
$239,681
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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
1992
Legal Domicile
NC
Principal Officer
JIM MILLARD
Phone
2526387266
Tax Period
2024-07-01 to 2025-06-30

PUBLIC RADIO EAST FOUNDATION, founded in 1992, is a small nonprofit that reported $885K in total revenue in fiscal year 2024.

Mission

TO SUPPORT PUBLIC RADIO EAST - A PUBLIC BROADCASTING ENTITY OPERATED BY CRAVEN COMMUNITY COLLEGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $881,318
Program Service Revenue $0
Investment Income $3,882
Other Revenue $0
TOTAL REVENUE $885,200

Expense Breakdown

Grants Paid $781,983
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $781,983
Other Expenses $94,304
TOTAL EXPENSES $876,287

Year-over-Year Comparison

2024 2023 Change
Revenue $885,200 $893,530 0.0%
Expenses $876,287 $887,859 0.0%
Net Income $8,913 $5,671 +0.6%
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
18
Independent Members
18
Employees
N/A
Volunteers
25

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
$186,533
Total Directors
19
$660,747
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR RAYMOND STAATS CCC PRESIDEN 1.00
Director
$0 $78,090 $341,514
JIM MILLARD TREASURER 1.00
Officer Director
$0 $50,824 $186,533
BEN DONNELLY DIRECTOR/PRE 1.00
Director
$0 $37,617 $132,700
DR DEANNA BOYETTE BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN BRAATEN BOARD MEMBER 1.00
Director
$0 $0 $0
DARLENE BROWN VICE CHAIR 1.00
Director
$0 $0 $0
JANICE BUSHER BOARD MEMBER 1.00
Director
$0 $0 $0
DR LYNNE GARRISON BOARD MEMBER 1.00
Director
$0 $0 $0
KERRY IRISH BOARD MEMBER 1.00
Director
$0 $0 $0
DR MARY KATHERINE LAWRENCE BOARD MEMBER 1.00
Director
$0 $0 $0
DAKOTA LIPSCOMBE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MCQUADE BOARD MEMBER 1.00
Director
$0 $0 $0
DR MEENA MURPHY BOARD MEMBER 1.00
Director
$0 $0 $0
CARL OLDANI BOARD MEMBER 1.00
Director
$0 $0 $0
ALLANA ROSS CHAIR 1.00
Officer Director
$0 $0 $0
LINDA STAUNCH BOARD MEMBER 1.00
Director
$0 $0 $0
J CHRISTOPHER TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
ALICE UNDERHILL BOARD MEMBER 1.00
Director
$0 $0 $0
TOM WILSON BOARD MEMBER 1.00
Officer 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
2025 $885,200 $876,287 $239,681 $8,913
2024 $893,530 $887,859 $231,576 $5,671
2023 $697,679 $695,741 $195,097 $1,938
2022 $725,978 $723,930 $193,159 $2,048
2021 $645,739 $662,871 $216,265 $-17,132
2020 $623,027 $632,859 $210,152 $-9,832
2019 $633,175 $653,993 $226,650 $-20,818
2018 $806,764 $766,648 $247,810 $40,116
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