Civic Intelligence

Radio Eye Inc.

990 • Fiscal year 2018 • EIN 61-1148801

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 05, 2019

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

39th percentile

0.01x

Higher debt load relative to assets than 39% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

46th percentile

0.02x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

68th percentile

$53,769

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 23.9% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

15th percentile

-12%

Faster asset growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

64th percentile

13%

Faster revenue growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$617,225

Down $87,776 (-12%) from 2017

Net Assets

Down

$611,882

Down $89,407 (-13%) from 2017

Liabilities

Up

$5,343

Up $1,631 (+44%) from 2017

Revenue

Up

$225,209

Up $25,462 (+13%) from 2017

Expenses

Up

$251,904

Up $15,565 (+6.6%) from 2017

Net Income

Up

-$26,695

Up $9,897 (+27%) from 2017

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

2018

Assets$617,225
Liabilities$5,343
Net Assets$611,882

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

2018

Revenue$225,209
Expenses$251,904
Net Income-$26,695
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 5, 2019
Return Version
2018v3.1
Gross Receipts
$236,298
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 & eastern 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$701,289$611,882▼ $89,407
Investments Other Securities$571,597$562,289▼ $9,308
Pledges and Grants Receivable$40,300$35,140▼ $5,160
Cash and Non-Interest-Bearing Accounts$93,104$19,796▼ $73,308
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$705,001$617,225▼ $87,776
Liabilities
Accounts Payable and Accrued Expenses$3,712$5,343▲ $1,631
Total Liabilities$3,712$5,343▲ $1,631
Net Assets / Fund Balance
Total Net Assets Fund Balance$701,289$611,882▼ $89,407
Total Liabilities and Net Assets / Fund Balance$705,001$617,225▼ $87,776

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$10,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy HatterExecutive DirectorFT$53,769$53,769

Board Members and Trustees

NameTitle
David HafleyChairman
Alice DehnerDirector
David HafleyDirector
Larry HurtDirector
Leah MensahDirector
Melanie KilpatrickDirector
Philip RoseDirector
Rob DealDirector
Greg CaseySecretary
John CopelandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$177,993
Program Service Revenue
$0
Investment Income
$43,405
Other Revenue
$3,811
All Other Contributions
$177,993
Change in Net Assets
$-26,695
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$170,268
Other Expenses$81,636
Total Fundraising Expense$11,643
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$85,202$1,853$5,556$92,611
Current Officers, Directors, Trustees, and Key Employees$49,467$1,075$3,227$53,769
Office Expenses$17,286$376$1,127$18,789
Travel$14,889$1,654-$16,543
Payroll Taxes$12,067$262$787$13,116
Other Employee Benefits$9,911$215$646$10,772
Fees for Services Other$7,252$806-$8,058
Insurance$5,966$663-$6,629
Other Expenses$3,174$353$300$3,827
Advertising-$3,144-$3,144
Total Functional Expenses$228,607$11,654$11,643$251,904
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,900
Fundraising Direct Expenses$11,089
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
Backup withholding compliance
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 11B

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
2019-08-05

Organization Details

Principal Officer
John Copeland
Formed
1988
Legal Domicile
Ky
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
0
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0701289
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0611882
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0177992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0178296
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0138137
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0127738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0130005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0752168
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029928
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027198
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020712
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0143267
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82930
IRS990ScheduleA/PublicSupportPY170Pct00.84600
IRS990ScheduleA/PublicSupportTotal170Amt0742577
IRS990ScheduleA/SubstantialContributorsTotAmt09591
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0177992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0178296
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0138137
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0127738
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0130005
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0752168
IRS990ScheduleA/TotalSupportAmt0895435
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt095339
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1207018
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2249932
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt310000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0VANGUARD STAR MUTUAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1VANGUARD WELLSLEY INCOME MUTUAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc2VANGUARD WELLINGTON MUTUAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc3FUNDS HELD WITH BLUEGRASS COMMUNITY FOUNDATION
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0562289
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 11B
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0705001
IRS990/TotalAssetsEOYAmt0617225
IRS990/TotalAssetsGrp/BOYAmt0705001
IRS990/TotalAssetsGrp/EOYAmt0617225
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0177993
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011643
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011654
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0228607
IRS990/TotalFunctionalExpensesGrp/TotalAmt0251904
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03712
IRS990/TotalLiabilitiesEOYAmt05343
IRS990/TotalLiabilitiesGrp/BOYAmt03712
IRS990/TotalLiabilitiesGrp/EOYAmt05343
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0701289
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0611882
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0228607
IRS990/TotalReportableCompFromOrgAmt053769
IRS990/TotalRevenueGrp/ExclusionAmt047216
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0225209
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0705001
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0617225
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01654
IRS990/TravelGrp/ProgramServicesAmt014889
IRS990/TravelGrp/TotalAmt016543
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN COPELAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08594226390
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RADIO EYE INC
ReturnHeader/Filer/BusinessNameControlTxt0RADI
ReturnHeader/Filer/EIN0611148801
ReturnHeader/Filer/PhoneNum08594226390
ReturnHeader/Filer/USAddress/AddressLine1Txt01733 RUSSELL CAVE ROAD
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040505
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F5AF990BDBCA4A7511DFE338D77A28AE88F13789
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.109.186.2
ReturnHeader/FilingSecurityInformation/IPDt02019-08-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:24:11
ReturnHeader/ReturnTs02019-08-05T15:24:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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
2018Detailed filing. Detailed filing data is available for this year.$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