Public Radio for the Front Range (EIN 841307999) - 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

1995

Legal Domicile

Phone

9702215075

Tax Period

2024-01-01 to 2024-12-31

Public Radio for the Front Range, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $651K in total revenue in fiscal year 2024.

Mission

KRFC 88.9 FM Radio Fort Collins MAKES GREAT RADIO THAT IS LOCAL, NONCOMMERCIAL, AND VOLUNTEER POWERED. THEIR BROADCAST REACHES FORT COLLINS, LOVELAND, GREELEY, PARTS OF DENVER, BOULDER AND SOME OF THE MOUNTAIN COMMUNITIES.

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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 $339,038

Program Service Revenue $241,782

Investment Income $5,097

Other Revenue $65,572

TOTAL REVENUE $651,489

Expense Breakdown

Grants Paid $0

Salaries & Benefits $392,907

Fundraising Expenses $91,948

Program Expenses $524,835

Other Expenses $322,422

TOTAL EXPENSES $715,329

Year-over-Year Comparison

	2024	2023	Change
Revenue	$651,489	$647,821	+0.0%
Expenses	$715,329	$699,938	+0.0%
Net Income	$-63,840	$-52,117	+0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Fred Jacobs	Board Member	5.00	Director	$0	$0	$0
Rob Gray	Treasurer	5.00	Director	$0	$0	$0
Ross Thompson	Board Member	5.00	Director	$0	$0	$0
Michelle Schmidt	Secretary	5.00	Director	$0	$0	$0
Riley Phipps	Vice President	5.00	Director	$0	$0	$0
James Yearling	President	5.00	Director	$0	$0	$0
Nina Bodenhamer	Board Member	5.00	Director	$0	$0	$0
Dani Grant	Board Member	5.00	Director	$0	$0	$0
Jennie L Parker	Executive Director	40.00		$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	$651,489	$715,329	$983,563	$-63,840
2023	$647,821	$699,938	$1,074,119	$-52,117
2022	$690,495	$588,023	$1,151,167	$102,472
2021	$692,110	$418,615	$1,097,803	$273,495
2020	$552,784	$330,455	$885,333	$222,329
2019	$497,678	$308,153	$623,136	$189,525
2018	$417,556	$268,355	$429,121	$149,201

Public Radio for the Front Range