ENVIRONMENT NEWS TRUST

EIN: 200816033 501(c)(3) Education

CHARLOTTE, NC

Total Revenue
$62,540
Total Expenses
$251,371
Total Assets
$5,409
Net Assets
$5,409
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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
2004
Legal Domicile
CA
Principal Officer
ROBERT HORNER
Phone
7045178281
Tax Period
2023-01-01 to 2023-12-31

ENVIRONMENT NEWS TRUST, founded in 2004, is a micro nonprofit in the Education sector that reported $63K in total revenue in fiscal year 2023. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $251K exceeded revenue, resulting in a 302% operating deficit.

Mission

TO DEVELOP, CREATE AND PRODUCE ENVIRONMENTAL BROADCASTS FOR VARIOUS TELECOMMUNICATION NETWORKS AND THE DISSEMINATION OF ENVIRONMENTAL NEWS TO THE GENERAL PUBLIC

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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 (2023)

Revenue Breakdown

Contributions & Grants $62,500
Program Service Revenue $0
Investment Income $40
Other Revenue $0
TOTAL REVENUE $62,540

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $245,178
Other Expenses $251,371
TOTAL EXPENSES $251,371

Year-over-Year Comparison

2023 2022 Change
Revenue $62,540 $426,278 -0.9%
Expenses $251,371 $313,126 -0.2%
Net Income $-188,831 $113,152 -2.7%
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
6
Independent Members
6
Employees
N/A
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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT HORNER EXECUTIVE DIRECTOR 35.00
Officer Director
$0 $0 $0
STEPHEN J CASSIDY BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY MORRISEY BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA HIGHBERGER BOARD MEMBER 1.00
Director
$0 $0 $0
HW JONES BOARD MEMBER 1.00
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
2023 $62,540 $251,371 $5,409 $-188,831
2022 $426,278 $313,126 $194,240 $113,152
2021 $227,833 $199,247 $99,338 $28,586
2020 $109,455 $240,515 $52,502 $-131,060
2019 $402,175 $223,989 $183,562 $178,186
2018 $243,332 $283,754 $5,680 $-40,422
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