NACKEY S LOEB SCHOOL OF COMMUNICATIONS INC (EIN 020507891) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

PAMELA DIAMANTIS

Phone

6036270005

Tax Period

2024-01-01 to 2024-12-31

NACKEY S LOEB SCHOOL OF COMMUNICATIONS INC, founded in 1999, is a small nonprofit in the Education sector that reported $103K in total revenue in fiscal year 2024. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $188K exceeded revenue, resulting in a 83% operating deficit.

Mission

TO OPERATE A SCHOOL FOR EDUCATIONAL PURPOSES IN ALL ASPECTS OF THE FIRST AMENDMENT, COMMUNICATIONS, JOURNALISM, MEDIA STUDIES, AND RELATED FIELDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $176,022

Program Service Revenue $6,146

Investment Income $-69,599

Other Revenue $-9,673

TOTAL REVENUE $102,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,841

Fundraising Expenses $0

Program Expenses $124,713

Other Expenses $86,238

TOTAL EXPENSES $188,079

Year-over-Year Comparison

	2024	2023	Change
Revenue	$102,896	$1,245,600	-0.9%
Expenses	$188,079	$258,950	-0.3%
Net Income	$-85,183	$986,650	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$197,532

Total Directors

$115,118

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH W MCQUAID	PRESIDENT, CHAIRMAN, TRUSTEE	1.00	Officer Director	$0	$0	$86,470
PAMELA DIAMANTIS	TREASURER, TRUSTEE	2.00	Officer Director	$0	$0	$0
DIRK F RUEMENAPP	SECRETARY, TRUSTEE	1.00	Officer Director	$0	$0	$28,648
CHARLES G DOUGLAS III	VICE PRESIDENT, TRUSTEE	1.00	Officer Director	$0	$0	$0
JAMES MERRILL	TRUSTEE	2.00	Director	$0	$0	$0
BETTY TAMPOSI	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN DUPREY	TRUSTEE	1.00	Director	$0	$0	$0
LAURA SIMOES	EXECUTIVE DIRECTOR	32.00	Officer	$82,414	$0	$82,414

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$102,896	$188,079	$4,404,747	$-85,183
2023	$1,245,600	$258,950	$4,301,834	$986,650
2022	$356,844	$299,322	$3,068,180	$57,522
2021	$334,167	$247,352	$3,382,671	$86,815
2020	$334,584	$308,830	$3,079,779	$25,754
2019	$366,602	$374,724	$3,041,444	$-8,122

NACKEY S LOEB SCHOOL OF COMMUNICATIONS INC