FREE PRESS ACTION FUND (EIN 043771598) - 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

2003

Legal Domicile

Principal Officer

KIMBERLY LONGEY

Phone

2022651490

Tax Period

2025-01-01 to 2025-12-31

FREE PRESS ACTION FUND, founded in 2003, is a small nonprofit in the Civil Rights & Advocacy sector that reported $890K in total revenue in fiscal year 2025. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $229K, a strong 26% operating margin.

Mission

FREE PRESS ACTION FUND IS A NATIONAL, NONPARTISAN ORGANIZATION WORKING TO REFORM THE MEDIA. FREE PRESS ACTION FUND EDUCATES ITS MEMBERS AND THE GENERAL PUBLIC ON HOW A DIVERSE AND PUBLIC SERVICE-ORIENTED MEDIA SYSTEM CAN STRENGTHEN AMERICAN DEMOCRACY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $866,300

Program Service Revenue $0

Investment Income $23,709

Other Revenue $0

TOTAL REVENUE $890,009

Expense Breakdown

Grants Paid $0

Salaries & Benefits $491,859

Fundraising Expenses $78,509

Program Expenses $524,448

Other Expenses $169,550

TOTAL EXPENSES $661,409

Year-over-Year Comparison

	2025	2024	Change
Revenue	$890,009	$470,620	+0.9%
Expenses	$661,409	$766,570	-0.1%
Net Income	$228,600	$-295,950	-1.8%

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

147006

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

$627,168

Total Directors

$215,525

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG AARON	CO-CEO	6.00	Officer Director	$27,410	$32,791	$215,525
VANESSA CARDENAS	DIRECTOR	1.00	Director	$0	$0	$0
HENRY FERNANDEZ	DIRECTOR	1.00	Officer Director	$0	$0	$0
VICTOR PICKARD	DIRECTOR, CHAIR	1.00	Officer Director	$0	$0	$0
HEIDI BEIRICH	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA FUENTES-BAUTISTA	DIRECTOR	1.00	Officer Director	$0	$0	$0
KIMBERLY LONGEY	ASSISTANT TREASURER/ASSISTANT SECRETARY/COO/CFO	3.00	Officer	$12,439	$22,122	$199,825
JESSICA GONZALES	CO-CEO	6.00	Officer	$28,423	$22,331	$211,818
MATTHEW WOOD	VP OF POLICY AND GENERAL COUNSEL	7.00	Highest	$31,823	$31,653	$208,445
MISTY PEREZ TRUEDSON	CHIEF OF STAFF	1.00	Highest	$3,476	$31,372	$205,160
NORA BENAVIDEZ	SENIOR COUNSEL AND DIRECTOR/DIGITAL JUSTICE AND CI	1.00	Highest	$4,229	$18,970	$159,939
DUTCH COSMIAN	SENIOR PRODUCT DIRECTOR	0.00	Highest	$0	$16,635	$156,922
CANDACE CLEMENT	MANAGING DIRECTOR	4.00	Highest	$15,071	$30,227	$180,933

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	$890,009	$661,409	$1,366,602	$228,600
2024	No data	No data	No data	No data
2023	$1,368,578	$966,746	$1,558,486	$401,832
2022	$788,443	$593,149	$1,020,741	$195,294
2021	$847,721	$824,619	$823,216	$23,102
2020	$947,161	$547,106	$756,821	$400,055
2019	$589,529	$572,113	$345,533	$17,416
2018	$947,806	$1,035,369	$408,513	$-87,563

FREE PRESS ACTION FUND