OPEN SOURCE MEDIA INC (EIN 202233057) - 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

2005

Legal Domicile

Principal Officer

MARY C MCGRATH

Phone

6177979411

Tax Period

2023-01-01 to 2023-12-31

OPEN SOURCE MEDIA INC, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $163K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $271K exceeded revenue, resulting in a 66% operating deficit.

Mission

THE ORGANIZATION'S PRIMARY MISSION IS TO PROMOTE AWARENESS AND DISCUSSION OF PUBLIC AFFAIRS AND ISSUES OF CIVIC, SCIENTIFIC AND CULTURAL INTEREST WITH EMPHASIS ON THE ROLE OF BOSTON IN GLOBAL AFFAIRS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $163,316

Program Service Revenue $0

Investment Income $19

Other Revenue $0

TOTAL REVENUE $163,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $249,966

Fundraising Expenses $13,068

Program Expenses $223,426

Other Expenses $20,986

TOTAL EXPENSES $270,952

Year-over-Year Comparison

	2023	2022	Change
Revenue	$163,335	$350,087	-0.5%
Expenses	$270,952	$281,270	0.0%
Net Income	$-107,617	$68,817	-2.6%

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

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

$205,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD D HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PALFREY	DIRECTOR	1.00	Director	$0	$0	$0
JAKE SHAPIRO	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER LYDON	PRESIDENT & DIRECTOR	40.00	Officer	$75,000	$0	$75,000
MARY C MCGRATH	TREASURER & DIRECTOR	40.00	Officer	$130,000	$0	$130,000

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	No data	No data	No data	No data
2023	$163,335	$270,952	$110,262	$-107,617
2022	$350,087	$281,270	$219,665	$68,817
2021	$420,760	$326,906	$148,120	$93,854
2020	$343,275	$330,634	$109,427	$12,641
2019	$326,200	$331,150	$71,713	$-4,950
2018	$330,075	$345,023	$34,699	$-14,948

OPEN SOURCE MEDIA INC