Poor People's Radio INC EIN 23-7081243

Poor People's Radio INC

EIN  23-7081243 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Poor People's Radio INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Broadcasts independent, non-commercial community radio programming.
Leadership
Jerome Parson · Treasurer · $60K
Money in and out
$207K revenue, $195K expenses
Bottom line
78% program efficiency

Broadcasts independent, non-commercial community radio programming. For fiscal year 2024 it reported $207K in revenue, $195K in expenses, and $344K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$195K
Pt IX · Ln 25
Net assets
$344K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $13K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.18 Fundraising $0.04
Program efficiency
78%
of spending reaches programs▼ -10% vs prior filing year
Operating runway
20.8mo
months of highly liquid reserves at operating expense rate▲ +1% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +137% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$207K
FY2024▲ +28%
Expenses
$195K
FY2024▲ +3%
Total assets
$344K
FY2024▲ +4%
Total liabilities
$439
FY2024▼ -29%
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$195K
Pt IX · Ln 25
Net assets
$344K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$13K
Total assetsPt X · Ln 16$344K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $151K of program spending, described in the organization's own filed words · FY2024.
01

KPOO is an independent, listener-sponsored, noncommercial radio station. KPOO has Board members from various communities of San Francisco who are responsible for its operation. KPOO broadcasts 24 hours a day on 160 watts, with a radiated power of 270 watts, covering San Francisco, Oakland, and the Bay Area.

$151Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPoor People's Radio INC
EINHdr · item D23-7081243
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jkpoo.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A34Z)
Ruling yearIRS BMFDec 1970

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$60,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jerome Parson’s $60K as Treasurer is at the 55th percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jerome Parson$60,000$60,000$59,167$50,625$48,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Poor People's Radio INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$207K
Investment income$51
Total revenueLn 12$207K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.18 Fundraising $0.04
Program services78%$151K
Management & general18%$35K
Fundraising4%$8K
Total functional expensesLn 25$195K

Balance Sheet

Part X · end of year
CashLn 1$338K
Total assetsLn 16$344K
Total liabilitiesLn 26$439
Total net assetsLn 32$344K
Months of cash on handcomputed20.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $338K · Operating expenses/yr $195K
20.8 months
Where the money goes
Program services
Program services $151K · Total expenses $195K
78%
Management & General
Management & general $35K · Total expenses $195K
18%
Fundraising
Fundraising $8K · Total expenses $195K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $188K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $207K · Total revenue $207K
100%
Government reliance
Government grants — · Total revenue $207K
Earned-income share
Program service revenue $0 · Total revenue $207K
0%
Investment reliance
Investment income $51 · Total revenue $207K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $195K
0%
Growth & trend
Revenue growth (YoY)
This year $207K · Prior year $162K
+28%
Revenue CAGR
FY2020 $247K · FY2024 $207K
-4%
Net-asset trend (YoY)
End of year $344K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $207K · Expenses $195K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $344K
Net-asset ratio
Net assets $344K · Total assets $344K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $344K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jerome Parson · Reported title TREASURER · Highest reported compensation $60K · Total expenses $195K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $75K · Total expenses $195K
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 18%
Fundraising cost ratio 4%
Revenue growth 28%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$6K

Similar Organizations

Closest in mission — by what they do
See all organizations like Poor People's Radio INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$207K revenue · viewing · ⤓ 990 PDF
FY2023$162K revenue · ⤓ 990 PDF
FY2022$195K revenue · ⤓ 990 PDF
FY2021$166K revenue · ⤓ 990 PDF
FY2020$247K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.