Radius Books Inc
Nonprofit profile at a glance
- EIN
- 141997383
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Santa Fe, NM, USA
- Phone
- 5059834068
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Printing, Publishing
Reported finances
- Revenue
- $1,563,107
- Expenses
- $1,575,860
- Assets
- $4,547,202
- Liabilities
- $638,283
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DAVID CHICKEY (PRESIDENT)
Highest reported compensation
- DAVID CHICKEY (PRESIDENT): $121,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Radius books is a nonprofit publisher that creates high-quality art books and promotes dialogue among artists, writers, and thinkers. Through our donation program, we distribute books to underfunded libraries, schools, and arts organizations nationwide, making art accessible to diverse audiences and advancing arts education.
What it reported doing in 2024
Radius books is a santa fe based nonprofit organization whose goal is to make a lasting impact through our publishing and donation programs. Since its founding in 2007, the organization has produced over 226 titles and donated over 96,014 titles to libraries, schools and art programs in all 50 states. The donation program aims to bring diverse artistic visions and voices into the hands of as many people as possible, particularly students and young adults. Twice a year, in the spring and fall, local students and members of the wider santa fe community join the organization in its efforts to pack and ship over 300 boxes of recent titles. On average, radius donates 5,000 to 6,000 books each year, with an average unit cost (production cost) of 30 per book, and an average list price (retail value) of 60 per book, with an overall estimated retail value of 360,000. In addition to donating free of charge about 20% of every print run, radius makes the list price below market standard, so all customers can also benefit from its non-profit status. With that in mind, the organization's list prices usually range from 40 to 65, whereas books of this production quality usually retail anywhere from 65 to 150.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 83
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 79%; rating input score 79
- Fundraising efficiency: $5.42 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.8%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 2.89; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 7.7%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 18.2% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 17.2% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 20% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 79% of spending went to programs
- Governance: 8 of 9 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $121K · 9 people listed
- Highest-paid contractors: 1 contractor listed · $812K reported
- Consistency: 33 of 33 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Fundraising efficiency scored 20/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 33/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.