C895 KNHC PUBLIC RADIO ASSOCIATION

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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

2009

Legal Domicile

Phone

2062523800

Tax Period

2024-09-01 to 2025-08-31

C895 KNHC PUBLIC RADIO ASSOCIATION, founded in 2009, is a small nonprofit in the Education sector that reported $909K in total revenue in fiscal year 2024. The organization ran a surplus of $267K, a strong 29% operating margin.

Mission

TO ASSIST WITH FUNDING PUBLIC RADIO STATION KNHC, SEATTLE, WA

Program Service Accomplishments

Program 1

Expenses: $521,194 Revenue: $908,577

THE ASSOCIATION RAISES CAPITAL SUPPORT FOR THE SEATTLE SCHOOL DISTRICTS PUBLIC RADIO STATION, KNHC TRAINED AND EDUCATED 103 STUDENTS IN 2024 AND SERVED AN ADDITIONAL 300+ STUDENTS WITH STUDIO ACCESS, SKILLS TRAINING AND PODCAST CLUB. THE STATION SERVES A BROADCAST AUDIENCE OF OVER 163,500 LISTENERS EACH MONTH.

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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 $839,050

Program Service Revenue $0

Investment Income $42,140

Other Revenue $27,387

TOTAL REVENUE $908,577

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $0

Fundraising Expenses $114,560

Program Expenses $521,194

Other Expenses $524,992

TOTAL EXPENSES $642,052

Year-over-Year Comparison

	2024	2023	Change
Revenue	$908,577	$845,053	+0.1%
Expenses	$642,052	$766,893	-0.2%
Net Income	$266,525	$78,160	+2.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
RONALD BOY	President	Officer Director	$0	$0	$0
JUNE FOX	Treasurer	Officer Director	$0	$0	$0
ABIGAIL PRATT	Secretary	Officer Director	$0	$0	$0
JIM MCKENNA	Director	Director	$0	$0	$0
HANS VANVOLKENBURG	Director	Director	$0	$0	$0
MYRON PARTMAN	Director	Director	$0	$0	$0
LAUREN DIXON	Director	Director	$0	$0	$0
JOE LINGERFELT	Director	Director	$0	$0	$0
DAN MAGDEN	Director	Director	$0	$0	$0
REM ROBERTI	Vice President	Officer Director	$0	$0	$0
STEVE HICKEY	Director	Director	$0	$0	$0
AMBER BURRELL	Director	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
2025	$908,577	$642,052	$2,184,671	$266,525
2024	$845,053	$766,893	$1,918,977	$78,160
2023	$734,519	$580,790	$1,837,601	$153,729
2022	$589,632	$177,055	$1,689,327	$412,577
2021	$318,967	$161,860	$1,280,941	$157,107
2020	$351,886	$212,430	$1,119,762	$139,456
2019	$405,120	$115,715	$930,191	$289,405
2018	$445,312	$110,695	$640,786	$334,617