COMMUNITY RADIO INC (EIN 760168381) - 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

1978

Legal Domicile

Principal Officer

Justin Vaughn

Phone

2818241228

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY RADIO INC, founded in 1978, is a small nonprofit that reported $287K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Net assets of $602K represent 25 months of operating reserves.

Mission

Operate a non commercial FM 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 $262,481

Program Service Revenue $601

Investment Income $5,906

Other Revenue $18,000

TOTAL REVENUE $286,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,516

Fundraising Expenses $28,426

Program Expenses $79,551

Other Expenses $184,445

TOTAL EXPENSES $307,961

Year-over-Year Comparison

	2024	2023	Change
Revenue	$286,988	$336,157	-0.1%
Expenses	$307,961	$331,261	-0.1%
Net Income	$-20,973	$4,896	-5.3%

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

N/A

Volunteers

N/A

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

$113,365

Total Directors

$82

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Justin Vaughn	President	40	Officer	$66,434	$0	$66,434
Rachel Vaughn	Secretary	40	Officer	$46,931	$0	$46,931
Sharon Vaughn	Director	1	Director	$82	$0	$82
Sean Vaughn	Director	0	Director	$0	$0	$0
Robert Vaughn	Director	0	Director	$0	$0	$0
Shane Vaughn	Director	0	Director	$0	$0	$0
Stephen Vaughn	Vice President	0	Officer	$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	No data	No data	No data	No data
2024	$286,988	$307,961	$602,385	$-20,973
2023	$336,157	$331,261	$626,633	$4,896
2022	$335,793	$356,184	$618,427	$-20,391
2021	$792,857	$344,775	$638,818	$448,082
2020	$303,589	$294,812	$213,117	$8,777

COMMUNITY RADIO INC