Radio Free Palmer

Nonprofit profile at a glance

EIN
421668214
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025, Form 990-N 2012
Location
Palmer, AK, USA
Phone
9079827158
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$115,836
Expenses
$93,774
Assets
$151,809
Liabilities
$453

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Lee Henrikson (President)
  • Michael O'Brien (Vice President)

People named in this filing

  • Lee Henrikson (President)
  • Michael O'Brien (Vice President)
  • Gina Davis (Treasurer)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We build, inform, and celebrate community through local radio. OUr 247 broadcast is heard up the Matanuska Valley to Linons Head, from Butte to parts of Wasilla. We cover local events and government activities. We broadcast during emergencies.

What it reported doing in 2025

Provided video and audio streaming and recording of Palmer City Council meetings which were particularly important to the community during the hiring and firing of the city manager.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 100
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.5%; rating input score 59
  • Program expense ratio: 72.2%; rating input score 72

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: 19%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.62; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 25.7% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 17.9% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 15.2% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 59.5% of revenue deployed · 72.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $68K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.