Civic Intelligence

Radio Eye Inc.

990 • Fiscal year 2024 • EIN 61-1148801

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 17, 2025

162 Old Todds Road Suite 280Lexington, KY 40509

(859) 422-6390

Siviq Scores

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

Liabilities / Assets

69th percentile

0.10x

Higher debt load relative to assets than 69% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.23x

Higher debt load relative to revenue than 80% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

40th percentile

0.4%

Higher net margin than 40% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

84th percentile

$90,531

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 32.4% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

38th percentile

-0.3%

Faster asset growth than 38% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

54%

Faster revenue growth than 83% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$652,210

Down $1,762 (-0.3%) from 2023

Net Assets

Up

$587,310

Up $2,683 (+0.5%) from 2023

Liabilities

Down

$64,900

Down $4,445 (-6.4%) from 2023

Revenue

Up

$279,403

Up $98,107 (+54%) from 2023

Expenses

Up

$278,379

Up $37,463 (+16%) from 2023

Net Income

Up

$1,024

Up $60,644 (+102%) from 2023

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

2024

Assets$652,210
Liabilities$64,900
Net Assets$587,310

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

2024

Revenue$279,403
Expenses$278,379
Net Income$1,024
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$309,013
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
Investments Other Securities$568,692$588,007▲ $19,315
Rtn Earn Endowment Incm Other Fnds$584,627$587,310▲ $2,683
Cash and Non-Interest-Bearing Accounts$85,280$64,203▼ $21,077
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$653,972$652,210▼ $1,762
Liabilities
Unsecured Notes Loans Payable$64,900$64,900→ $0
Accounts Payable and Accrued Expenses$4,445--
Total Liabilities$69,345$64,900▼ $4,445
Net Assets / Fund Balance
Total Net Assets Fund Balance$584,627$587,310▲ $2,683
Total Liabilities and Net Assets / Fund Balance$653,972$652,210▼ $1,762

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$5,601--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$13,392---$13,392
2023$13,392---$13,392
2022$13,834-▼ $442-$13,392
2021$11,335-▲ $2,499-$13,834
2020$10,873-▲ $462-$11,335
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lucy StoneExec. DirectorFT$88,302$2,229$90,531

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$221,746
Program Service Revenue
$0
Investment Income
$57,657
Other Revenue
$0
All Other Contributions
$175,201
Change in Net Assets
$1,024
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$186,170
Other Expenses$92,209
Total Fundraising Expense$11,171
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$81,238$1,766$5,298$88,302
Other Salaries and Wages$73,664$1,601$4,805$80,070
Office Expenses$35,824$3,980-$39,804
Payroll Taxes$11,777$256$768$12,801
Fees for Services Other$11,129$1,237-$12,366
Travel$2,774$308-$3,082
Insurance-$2,995-$2,995
Occupancy$2,678$297-$2,975
Other Employee Benefits$2,546$55$166$2,767
Other Expenses$2,181$242-$2,423
Pension Plan Contributions$2,051$45$134$2,230
Fees for Services Accounting$842$93-$935
Total Functional Expenses$251,570$15,638$11,171$278,379
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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 35% controlled entity
No
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 B, Line 11B

Prior to filing, a digital copy of the return is provided to the board members for their review. Time 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
162 OLD TODDS ROAD SUITE 280, LEXINGTON, KY 40509

Signing Officer

Name
John Copeland
Title
Treasurer
Phone
8594226390
Signed
2025-11-17

Organization Details

Principal Officer
John Copeland
Formed
1988
Legal Domicile
Ky
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
0
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IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0584627
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0587310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0221746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0134302
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0255299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0256233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0208797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01076377
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt047267
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt046994
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt040511
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt052347
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt038854
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0225973
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82650
IRS990ScheduleA/PublicSupportPY170Pct00.82410
IRS990ScheduleA/PublicSupportTotal170Amt01076377
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0221746
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0134302
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0255299
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0256233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0208797
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01076377
IRS990ScheduleA/TotalSupportAmt01302350
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/CYEndwmtFundGrp/BeginningYearBalanceAmt013392
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt013392
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt013392
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt013392
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt013834
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013392
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-442
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt011335
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt013834
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02499
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010873
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt011335
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0462
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt092693
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1203454
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2272866
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt313393
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt45601
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/Desc4VANGUARD DIVIDEND GROWTH FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0588007
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING, A DIGITAL COPY OF THE RETURN IS PROVIDED TO THE BOARD MEMBERS FOR THEIR REVIEW. TIME 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/ExplanationTxt1ANNUAL REVIEW OF CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RADIO EYE'S GOVERNING DOCUMENTS, FORM 990 AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0653972
IRS990/TotalAssetsEOYAmt0652210
IRS990/TotalAssetsGrp/BOYAmt0653972
IRS990/TotalAssetsGrp/EOYAmt0652210
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0221746
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011171
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015638
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0251570
IRS990/TotalFunctionalExpensesGrp/TotalAmt0278379
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt069345
IRS990/TotalLiabilitiesEOYAmt064900
IRS990/TotalLiabilitiesGrp/BOYAmt069345
IRS990/TotalLiabilitiesGrp/EOYAmt064900
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0584627
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0587310
IRS990/TotalOtherCompensationAmt02229
IRS990/TotalProgramServiceExpensesAmt0251570
IRS990/TotalReportableCompFromOrgAmt088302
IRS990/TotalRevenueGrp/ExclusionAmt057657
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0279403
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0653972
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0652210
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0308
IRS990/TravelGrp/ProgramServicesAmt02774
IRS990/TravelGrp/TotalAmt03082
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt064900
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt064900
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0162 OLD TODDS ROAD SUITE 280
IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040509
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.RADIOEYE.ORG
IRS990/WhistleblowerPolicyInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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