RALEIGH, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TRIANGLE RADIO READING SERVICE, founded in 1982, is a small nonprofit that reported $155K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $196K exceeded revenue, resulting in a 27% operating deficit.
NORTH CAROLINA READING SERVICE TURNS PRINTED INFORMATION INTO AN AUDIO BASED MEDIA ACCESSIBLE TO PEOPLE WHO ARE BLIND OR WHO HAVE A PRINT DISABILITY. A PRINT DISABILITY INCLUDES ANYTHING THAT PREVENTS SOMEONE FROM HOLDING A BOOK, NEWSPAPER, MAGAZINE, ETC., DUE TO CONDITIONS SUCH AS ARTHRITIS, STROKE, MULTIPLE SCLEROSIS, ALS, OR PARALYSIS. PRINT DISABILITIES INCLUDE LOW VISION, TOTAL BLINDNESS, LEARNING DISABILITIES AND LITERACY CHALLENGES. CONTINUOUS PROGRAMMING IS PROVIDED 24/7, WHICH IS 168 HOURS A WEEK AND 8,736 HOURS A YEAR, TO AN ESTIMATED 20,000 INDIVIDUALS IN THE TRIANGLE AREA.
NORTH CAROLINA READING SERVICE TURNS PRINTED INFORMATION INTO AN AUDIO BASED MEDIA ACCESSIBLE TO PEOPLE WHO CANNOT SEE, HOLD, OR COMPREHEND PRINT MATERIAL. THIS SERVICE REACHED APPROXIMATELY 20,000...
NORTH CAROLINA READING SERVICE TURNS PRINTED INFORMATION INTO AN AUDIO BASED MEDIA ACCESSIBLE TO PEOPLE WHO CANNOT SEE, HOLD, OR COMPREHEND PRINT MATERIAL. THIS SERVICE REACHED APPROXIMATELY 20,000 PEOPLE WHO LIVE IN THE GREATER TRIANGLE AREA OF NORTH CAROLINA. THIS SERVICE IS AVAILABLE 24 HOURS A DAY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $154,505 | $201,017 | -0.2% |
| Expenses | $196,497 | $189,834 | +0.0% |
| Net Income | $-41,992 | $11,183 | -4.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GREG SUGGS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICIA SIKES | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM CRONIN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRANDON HAIR | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DARRELL GORDON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CRAIG HAYWARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIM OTTEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT PARRISH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CURTIS HILL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LORI GRAVES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT TOWLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MAY N TRAN | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$80,241 | $0 | $80,241 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $154,505 | $196,497 | $250,197 | $-41,992 |
| 2023 | $201,017 | $189,834 | $294,544 | $11,183 |
| 2022 | $152,057 | $214,159 | $300,599 | $-62,102 |
| 2021 | $210,865 | $235,358 | $365,865 | $-24,493 |
| 2018 | $243,964 | $216,285 | $263,361 | $27,679 |
Compare TRIANGLE RADIO READING SERVICE with other nonprofits in North Carolina and across the country.