Civic Intelligence

Radio Eye Inc.

990 • Fiscal year 2015 • EIN 61-1148801

Jan 01, 2015 to Dec 31, 2015 • Filed on May 15, 2016

Refreshing map…

1733 Russell Cave RoadLexington, KY 40505

(859) 422-6390

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

46th percentile

0.03x

Higher debt load relative to revenue than 46% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

25th percentile

-6.9%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

62nd percentile

$42,519

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 27.4% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

28th percentile

-4.4%

Faster asset growth than 28% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

2.8%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$722,126

Down $33,088 (-4.4%) from 2014

Net Assets

Down

$717,282

Down $35,173 (-4.7%) from 2014

Liabilities

Up

$4,844

Up $2,085 (+76%) from 2014

Revenue

Up

$154,911

Up $4,194 (+2.8%) from 2014

Expenses

Up

$165,669

Up $30,858 (+23%) from 2014

Net Income

Down

-$10,758

Down $26,664 (-168%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $571,959Liabilities 2011: $0Net Assets 2011: $571,9592011Assets 2012: $631,388Liabilities 2012: $0Net Assets 2012: $631,3882012Assets 2013: $722,836Liabilities 2013: $3,928Net Assets 2013: $718,9082013Assets 2014: $755,214Liabilities 2014: $2,759Net Assets 2014: $752,4552014Assets 2015: $722,126Liabilities 2015: $4,844Net Assets 2015: $717,2822015Assets 2016: $700,992Liabilities 2016: $3,563Net Assets 2016: $697,4292016Assets 2017: $705,001Liabilities 2017: $3,712Net Assets 2017: $701,2892017Assets 2018: $617,225Liabilities 2018: $5,343Net Assets 2018: $611,8822018Assets 2019: $632,274Liabilities 2019: $4,575Net Assets 2019: $627,6992019Assets 2020: $738,741Liabilities 2020: $69,030Net Assets 2020: $669,7112020Assets 2021: $831,912Liabilities 2021: $71,435Net Assets 2021: $760,4772021Assets 2022: $704,208Liabilities 2022: $69,332Net Assets 2022: $634,8762022Assets 2023: $653,972Liabilities 2023: $69,345Net Assets 2023: $584,6272023Assets 2024: $652,210Liabilities 2024: $64,900Net Assets 2024: $587,3102024

Highlighted filing

2015

Assets$722,126
Liabilities$4,844
Net Assets$717,282

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2011: $74,2502011Revenue 2012: $124,919Expenses 2012: $88,964Net Income 2012: $35,9552012Revenue 2013: $169,204Expenses 2013: $112,599Net Income 2013: $56,6052013Revenue 2014: $150,717Expenses 2014: $134,811Net Income 2014: $15,9062014Revenue 2015: $154,911Expenses 2015: $165,669Net Income 2015: -$10,7582015Revenue 2016: $162,778Expenses 2016: $203,831Net Income 2016: -$41,0532016Revenue 2017: $199,747Expenses 2017: $236,339Net Income 2017: -$36,5922017Revenue 2018: $225,209Expenses 2018: $251,904Net Income 2018: -$26,6952018Revenue 2019: $244,198Expenses 2019: $289,154Net Income 2019: -$44,9562019Revenue 2020: $247,651Expenses 2020: $233,798Net Income 2020: $13,8532020Revenue 2021: $308,580Expenses 2021: $255,968Net Income 2021: $52,6122021Revenue 2022: $292,481Expenses 2022: $287,994Net Income 2022: $4,4872022Revenue 2023: $181,296Expenses 2023: $240,916Net Income 2023: -$59,6202023Revenue 2024: $279,403Expenses 2024: $278,379Net Income 2024: $1,0242024

Highlighted filing

2015

Revenue$154,911
Expenses$165,669
Net Income-$10,758
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 15, 2016
Return Version
2015v2.1
Gross Receipts
$158,595
Mission and Program Overview

Mission

The organization's mission is to broadcast the reading of current newspapers and other everyday literature, offering greater independent living to people who are blind, visually impaired or physically handicapped.

The organization provides a radio reading service for the blind and the print-handicapped in lexington, central kentucky, louisville metro area, and adjacent counties in kentucky and indiana where broadcasts may be received. Through this service, the organization provides access to previously unavailable information including, but not limited to, local and national newspapers, current periodicals, and special programs addressed to the interests of the audience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$752,455$717,282▼ $35,173
Investments Other Securities$428,206$460,628▲ $32,422
Savings and Temporary Cash Investments$179,862$164,298▼ $15,564
Cash and Non-Interest-Bearing Accounts$113,006$59,932▼ $53,074
Pledges and Grants Receivable$23,166$26,810▲ $3,644
Investments in Publicly Traded Securities$10,974$10,458▼ $516
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$755,214$722,126▼ $33,088
Liabilities
Accounts Payable and Accrued Expenses$2,759$4,844▲ $2,085
Total Liabilities$2,759$4,844▲ $2,085
Net Assets / Fund Balance
Total Net Assets Fund Balance$752,455$717,282▼ $35,173
Total Liabilities and Net Assets / Fund Balance$755,214$722,126▼ $33,088

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$202,724--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy HatterExecutive DirectorFT$42,519$42,519

Board Members and Trustees

NameTitle
Barbara McgroartyChairwoman
Kate SavageDirector
Linda AllenDirector
Melanie KilpatrickDirector
Philip RoseDirector
Rob DealDirector
Rob RuddickDirector
david hafleyDirector
Greg CaseysecreTARY
John CopelandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$127,113
Program Service Revenue
$600
Investment Income
$27,198
Other Revenue
$0
All Other Contributions
$119,913
Change in Net Assets
$-10,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$105,312
Other Expenses$60,357
Total Fundraising Expense$8,702
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$45,062$980$2,938$48,980
Current Officers, Directors, Trustees, and Key Employees$39,117$850$2,552$42,519
Office Expenses$13,425$292$876$14,593
Other Employee Benefits$9,463$206$617$10,286
Conferences and Meetings$7,326$814-$8,140
Fees for Services Other$6,184$687-$6,871
All Other Expenses$2,400-$1,507$3,907
Payroll Taxes$3,244$71$212$3,527
Insurance$3,036$337-$3,373
Other Expenses$2,680$298-$2,978
Advertising$1,368--$1,368
Total Functional Expenses$148,725$8,242$8,702$165,669
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,684
Fundraising Gross Income$3,684
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

John Copeland serves as director and treasurer. His sister-in-law also serves as a director of the organization.

Form 990, Part VI, Section B, line 11

Prior to filing, a digital copy of the return is provided to the board members for their review. A 2 week open time frame is provided for directors to review and make inquiries with regards to any issues disclosed in the return. Following resolution of any questions or other issues that have arisen, the form 990 will be provided to the designated officer for final signature and filing.

Form 990, Part VI, Section B, line 12C

Annual review of conflict of interest policy.

Form 990, Part VI, Section C, line 19

Radio eye's governing documents, form 990 and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Radio Eye Inc
EIN
61-1148801
Phone
8594226390
Address
1733 RUSSELL CAVE ROAD, LEXINGTON, KY 40505

Signing Officer

Name
john copeland
Title
treasurer
Phone
8594226390
Signed
2016-05-15

Organization Details

Principal Officer
john copeland
Formed
1988
Legal Domicile
Ky
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
150
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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt020712
IRS990/PYOtherExpensesAmt046972
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01015
IRS990/PYRevenuesLessExpensesAmt015906
IRS990/PYSalariesCompEmpBnftPaidAmt087839
IRS990/PYTotalExpensesAmt0134811
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0150717
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-10758
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0600
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0752455
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0717282
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0179862
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0164298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0127738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0130005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0147506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0110330
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt095847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0611426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt027198
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt021698
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014589
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011212
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt095409
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86350
IRS990ScheduleA/PublicSupportPY170Pct00.88110
IRS990ScheduleA/PublicSupportTotal170Amt0610363
IRS990ScheduleA/SubstantialContributorsTotAmt01063
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0127738
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0130005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0147506
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0110330
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt095847
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0611426
IRS990ScheduleA/TotalSupportAmt0706835
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt079875
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1178029
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2202724
IRS990ScheduleD/OtherSecuritiesGrp/Desc0VANGUARD STAR MUTUAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1VANGUARD WELLSLEY INCOME MUTUAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc2VANGUARD WELLINGTON MUTUAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0460628
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0John Copeland serves as director and treasurer. His sister-in-law also serves as a director of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO FILING, A DIGITAL COPY OF THE RETURN IS PROVIDED TO THE BOARD MEMBERS FOR THEIR REVIEW. A 2 WEEK OPEN TIME FRAME IS PROVIDED FOR DIRECTORS TO REVIEW AND MAKE INQUIRIES WITH REGARDS TO ANY ISSUES DISCLOSED IN THE RETURN. FOLLOWING RESOLUTION OF ANY QUESTIONS OR OTHER ISSUES THAT HAVE ARISEN, THE FORM 990 WILL BE PROVIDED TO THE DESIGNATED OFFICER FOR FINAL SIGNATURE AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Annual review of conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RADIO EYE'S GOVERNING DOCUMENTS, FORM 990 AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0755214
IRS990/TotalAssetsEOYAmt0722126
IRS990/TotalAssetsGrp/BOYAmt0755214
IRS990/TotalAssetsGrp/EOYAmt0722126
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0127113
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08702
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08242
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0148725
IRS990/TotalFunctionalExpensesGrp/TotalAmt0165669
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02759
IRS990/TotalLiabilitiesEOYAmt04844
IRS990/TotalLiabilitiesGrp/BOYAmt02759
IRS990/TotalLiabilitiesGrp/EOYAmt04844
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0752455
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0717282
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0148725
IRS990/TotalProgramServiceRevenueAmt0600
IRS990/TotalReportableCompFromOrgAmt042519
IRS990/TotalRevenueGrp/ExclusionAmt027198
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0600
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0154911
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0755214
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0722126
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01733 RUSSELL CAVE ROAD
IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040505
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.RADIOEYE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0john copeland
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08594226390
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RADIO EYE INC
ReturnHeader/Filer/BusinessNameControlTxt0RADI
ReturnHeader/Filer/EIN0611148801

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.52$0.65$5.87$2.79$2.78$0.01
2023Summary only. Only limited summary data is available for this year.$6.54$0.69$5.85$1.81$2.41$0.60
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.04$0.69$6.35$2.92$2.88$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.32$0.71$7.60$3.09$2.56$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.39$0.69$6.70$2.48$2.34$0.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.32$0.05$6.28$2.44$2.89$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.17$0.05$6.12$2.25$2.52$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.05$0.04$7.01$2.00$2.36$0.37
2016Summary only. Only limited summary data is available for this year.$7.01$0.04$6.97$1.63$2.04$0.41
2015Detailed filing. Detailed filing data is available for this year.$7.22$0.05$7.17$1.55$1.66$0.11
2014Summary only. Only limited summary data is available for this year.$7.55$0.03$7.52$1.51$1.35$0.16
2013Summary only. Only limited summary data is available for this year.$7.23$0.04$7.19$1.69$1.13$0.57
2012Summary only. Only limited summary data is available for this year.$6.31$0.00$6.31$1.25$0.89$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.72$0.00$5.72$0.74