Epoch Media Midwest

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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

Phone

3128089410

Tax Period

2024-01-01 to 2024-12-31

Epoch Media Midwest, founded in 2004, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024.

Mission

SOUND OF HOPE NFP DBA: EPOCH MEDIA MIDWEST IS DEDICATED TO SPREADING THE TRUTH AND TRADITIONAL VALUES VIA INDEPENDENT MEDIA INCLUDING PRINTING AND BROADCASTING.

Program Service Accomplishments

Program 1

Expenses: $5,561,931 Revenue: $0

EPOCH MEDIA MIDWEST KNOWN AS SOUND OF HOPE NFP CIRCULATES AN INDEPENDENT NEWSPAPER ENGLISH EDITION IN MIDWEST.

Program 2

Expenses: $131,483 Revenue: $0

SINCE 2013 SOUND OF HOPE NFP EPOCH MEDIA MIDWEST HAS BEEN DISTRIBUTING THE ABOVE-MENTIONED NEWSPAPER CHINESE EDITION IN MIDWEST. THE CHINESE EDITION IS FREE OF CHARGE AND GOES TO GROCERY STORES...

SINCE 2013 SOUND OF HOPE NFP EPOCH MEDIA MIDWEST HAS BEEN DISTRIBUTING THE ABOVE-MENTIONED NEWSPAPER CHINESE EDITION IN MIDWEST. THE CHINESE EDITION IS FREE OF CHARGE AND GOES TO GROCERY STORES COMMUNITY CENTERS IN 9 STATES INCLUDING IA IL IN KS KY MI NE OH AND WI.

Program 3

Expenses: $55,374 Revenue: $0

In 2022 Sound of Hope NFP Epoch Media Midwest created video news content for television broadcast

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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 $6,436

Program Service Revenue $6,160,181

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,166,617

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,748,788

Other Expenses $6,119,097

TOTAL EXPENSES $6,119,097

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,166,617	$5,752,807	+0.1%
Expenses	$6,119,097	$5,436,735	+0.1%
Net Income	$47,520	$316,072	-0.8%

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

N/A

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

$139,607

Total Directors

$102,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHANG ZHANG	MAIL PROCESSING CLERK	20.00	Officer	$36,807	$0	$36,807
KAREN LI	SECRETARY	20.00	Officer Director	$35,600	$0	$35,600
STACEY TANG	EXECUTIVE DI	20.00	Officer Director	$36,000	$0	$36,000
NING YU	BOOKKEEPER	20.00	Officer Director	$31,200	$0	$31,200

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	$6,166,617	$6,119,097	$2,131,599	$47,520
2023	$5,752,807	$5,436,735	$2,151,367	$316,072
2022	$4,668,112	$6,203,237	$1,972,734	$-1,535,125
2021	$7,040,924	$6,257,759	$2,954,210	$783,165
2020	$4,888,470	$4,666,251	$1,055,775	$222,219