The Des Moines Community Radio Foundation

Nonprofit profile at a glance

EIN
271804728
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025, Form 990-N 2010
Location
Des Moines, IA, USA
Phone
5152444145
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Official website

Reported finances

Revenue
$72,103
Expenses
$78,397
Assets
$4,607
Liabilities
$1,853

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

Leadership & pay

11 people listed

Executive titles in this filing

  • RON SORENSON (PRESIDENT)

People named in this filing

  • RON SORENSON (PRESIDENT)
  • ROBERT HUNTER (VICE PRESIDE)
  • JIM DIETZ-KILEN (BOARD MEMBER)

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

Kfmg operates as "your community voice- and actively assists a broad spectrum of central Iowa non-profit groups and organizations to inform residents about services, programs, projects and opportunities. This includes the local fine arts and cultural community, with specific emphasis on the local music community, both performers and promoters; the human services community, and the downtown community.

What it reported doing in 2025

Kfmg seeks to enlighten with both music and spoken word. From public service announcements which actually see the light of day, to short-form and long-form discussion programs, kfmg will seek to inform, to illuminate, to educate, and to inspire.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.5%; rating input score 77
  • Program expense ratio: 71.3%; rating input score 71

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -8.7%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3.8% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: -1.3% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 77.5% of revenue deployed · 71.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $56K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2011 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.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.