Audio Journal Incorporated (EIN 043519488) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Phone

5087971117

Tax Period

2024-07-01 to 2025-06-30

Audio Journal Incorporated, founded in 2000, is a small nonprofit in the Human Services sector that reported $379K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Net assets of $1.1M represent 34 months of operating reserves.

Mission

Audio Journal, Incorporated's mission in Central Massachusetts is to connect individuals who are blind, visually impaired or have an inability to access printed material, to their communities through broadcasting of local news, information and entertainment with exclusive programs and content.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $312,749

Program Service Revenue $0

Investment Income $43,260

Other Revenue $23,005

TOTAL REVENUE $379,014

Expense Breakdown

Grants Paid $0

Salaries & Benefits $181,198

Fundraising Expenses $71,148

Program Expenses $263,071

Other Expenses $203,940

TOTAL EXPENSES $385,138

Year-over-Year Comparison

	2024	2023	Change
Revenue	$379,014	$424,618	-0.1%
Expenses	$385,138	$325,598	+0.2%
Net Income	$-6,124	$99,020	-1.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$89,287

Total Directors

$89,287

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARRY DUCHESNE	Executive Dir.	40.00	Officer Director	$81,387	$7,900	$89,287
CATHERINE THORNTON	Director	1.00	Director	$0	$0	$0
LAUREN THAMEL	Director	0.00	Director	$0	$0	$0
Kathlene Donahue	Secretary	1.00	Officer Director	$0	$0	$0
STACEY LANIER	Director	0.00	Director	$0	$0	$0
Grant Farrington	Director	1.00	Director	$0	$0	$0
THOMAS GITTINS	President	1.00	Officer Director	$0	$0	$0
Maribeth Fisher	Director	1.00	Director	$0	$0	$0
VERONIQUE DOLCE-PIERRE	Vice President	0.00	Officer Director	$0	$0	$0
RON SALOMAN	Director	0.00	Director	$0	$0	$0
CJ POSK	Director	0.00	Director	$0	$0	$0
SOPHIE SANTAELLA	Treasurer	0.00	Officer Director	$0	$0	$0

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
2025	$379,014	$385,138	$1,083,908	$-6,124
2024	$424,618	$325,598	$1,056,989	$99,020
2023	$317,202	$261,766	$940,885	$55,436
2022	$264,641	$189,527	$830,289	$75,114
2021	$330,699	$202,624	$822,674	$128,075
2020	$294,012	$221,064	$661,180	$72,948
2019	$313,027	$286,349	$517,581	$26,678

Audio Journal Incorporated