SCHOOL NEWS NATIONWIDE INC

EIN: 113293868 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$75,683
Total Expenses
$82,692
Total Assets
$7,510
Net Assets
$-22,411
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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
1995
Legal Domicile
NY
Principal Officer
MORRIS TINGLIN
Phone
7187539920
Tax Period
2021-01-01 to 2021-12-31

SCHOOL NEWS NATIONWIDE INC, founded in 1995, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $76K in total revenue in fiscal year 2021. Revenue surged 492% from the prior year, signaling strong growth momentum.

Mission

MEDIA, BOADCAST, SUMMER SCHOOL

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $75,683
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $75,683

Expense Breakdown

Grants Paid $595
Salaries & Benefits $30,426
Fundraising Expenses $18,816
Program Expenses $49,019
Other Expenses $51,671
TOTAL EXPENSES $82,692

Year-over-Year Comparison

2021 2020 Change
Revenue $75,683 $12,795 +4.9%
Expenses $82,692 $15,869 +4.2%
Net Income $-7,009 $-3,074 +1.3%
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
1
Volunteers
N/A

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MORRIS TINGLIN Chairman 40.00
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
2021 $75,683 $82,692 $7,510 $-7,009
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