Khoi Fm

Nonprofit profile at a glance

EIN
271365272
IRS 990-EZ coverage
2011–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2010
Location
Ames, IA, USA
Phone
5152922878
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Radio

Official website

Reported finances

Revenue
$137,343
Expenses
$139,713
Assets
$453,312

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • LYNNE CAREY (President)
  • ANNE KINZEL (Vice President)

People named in this filing

  • LYNNE CAREY (President)
  • ANNE KINZEL (Vice President)
  • MARY RICHARDS (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

KHOI FM exists to create a locally programmed, noncommercial, community-based radio station in Central Iowa. Our mission is to welcome all voices of our community, regardless of their perspectives, to freely discuss issues, nourish the spirit, and entertain. We will encourage community members to draw their own conclusions.

What it reported doing in 2024

Public radio broadcasting & programming for story county.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.1%; rating input score 78
  • Program expense ratio: 76.8%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -1.7%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 3.24; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 8.2% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 15.7% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 78.1% of revenue deployed · 76.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $107K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 29/100.