Like any non-profit organization entirely operated by volunteers, WAIF (88.3 FM) has its weaknesses. Operating on a tight budget (WAIF reported net assets of $164,000 in 2004) the station competes with larger commercial stations for listeners. In recent months WAIF has been riven by discord among its board of trustees, programmers and members who believe the station has drifted from its mission. But most serious is a series of alleged violations of regulations promulgated by the Federal Communications Commission, which issues -- and can revoke -- WAIF's license. The station that describes itself as "What radio is meant to be" doesn't appear to be living up to its statutory obligations.