Certainly getting back on the air means monthly expenses. You really need to be thinking commercial radio here: It's all about the money. Your LPFM needs money. You need a plan for obtaining that money. I'm not talking violating rules, I'm talking plans to generate revenue versus finding people to do shows and things that do not bring money to the table. And you must spearhead this even if you think you'd hate it.
Commercial radio says I'll bring the listeners. You need to think programming that reaches the masses and is out there in the community (community events that are of interest to everyone such as things my station covers: Christmas Parade, Junior Livestock Show, Spring Festival and free movie for the kids, so on). Question: how does what you do on the air make someone want to donate? Playing punk rockabilly at 7am Monday is NOT the plan.
Your LPFM needs structure, a board that pays attention and a real roadmap for the station highlighting the goals along the way.
Your very first tasks are getting right with the FCC and educating yourself.
REC Networks | REC Networks is a great place to get an education.
There are many questions I have. For example, comparing your board members when you applied for the LPFM to the board members now, has more than 50% of the board changed? If so you have an illegal transfer of the license. You already are in a situation you could lose the license for rule violations or get hefty fines and FCC requirements that are rigid going forward.
The thing that is obvious is what was done in the past is NOT anything to be revisited. It not only didn't work but allowed you to be captain of a sinking ship that has been taking on water for way too long.
Does the station have a website? You might not want to make that public with connection to your prior posts but it is an important factor because it can help in bailing water out of the sinking ship.
If you want to message me, I can try to help on the station image, on air sound and some ideas on raising funds. I can give you tips to help remove the fear of calling on businesses. In full disclosure, I am working in a small market doing sales in radio. I've been in radio over 45 years in programming, on air, sales and management. I don't charge you to give you some advice and suggestions.