University Communications Network … - Form 990 Financial Data

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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

2001

Legal Domicile

Principal Officer

UNIVERSAL COMMUNICATIONS NETWORK IN

Phone

2127368535

Tax Period

2024-01-01 to 2024-12-31

University Communications Network Inc, founded in 2001, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $26.6M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $24.8M left a modest 7% surplus.

Mission

PROVIDES INDEPENDENT VIDEO JOURNALISM AND CULTURAL PROGRAMMING TO INFORM, INSPIRE, AND ENRICH THE PUBLIC, AND HOSTS PROGRAMS THAT PRESERVE TRADITIONAL ARTS AND PROMOTE GLOBAL CULTURAL EXCHANGE.

Program Service Accomplishments

Program 1

Expenses: $22,333,650 Revenue: $23,461,704

TO DELIVER HIGH-QUALITY, INDEPENDENT VIDEO JOURNALISM THAT EDUCATES, INSPIRES, AND ENGAGES AUDIENCES ON IMPORTANT GLOBAL ISSUES, INCLUDING NEWS, CULTURE, AND HUMAN RIGHTS. NTD ALSO PROMOTES...

TO DELIVER HIGH-QUALITY, INDEPENDENT VIDEO JOURNALISM THAT EDUCATES, INSPIRES, AND ENGAGES AUDIENCES ON IMPORTANT GLOBAL ISSUES, INCLUDING NEWS, CULTURE, AND HUMAN RIGHTS. NTD ALSO PROMOTES TRADITIONAL CULTURE AND ARTISTIC EXCELLENCE THROUGH ITS INTERNATIONAL COMPETITIONS AND PROGRAMSTHAT CELEBRATE HUMANITYS SHARED VALUES AND HERITAGE.

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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 $2,200,650

Program Service Revenue $19,139,873

Investment Income $714,061

Other Revenue $4,578,625

TOTAL REVENUE $26,633,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,787,586

Fundraising Expenses $0

Program Expenses $22,333,650

Other Expenses $19,980,945

TOTAL EXPENSES $24,768,531

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,633,209	$35,324,025	-0.2%
Expenses	$24,768,531	$37,567,572	-0.3%
Net Income	$1,864,678	$-2,243,547	-1.8%

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

Employees

121

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jingli Qu	Administrator	040.00	Highest	$114,000	$0	$114,000
Janice Trey	Interim CEO	020.00	Officer Director	$0	$0	$0
Chin-Hua Chang	Director	001.00	Director	$0	$0	$0
Hong Jiang	Director	001.00	Director	$0	$0	$0
Jessica D Russo	Director	001.00	Director	$0	$0	$0
William Cheung	CFO	020.00	Officer	$0	$0	$0
Samuel Zhou	Executive VP	020.00	Officer	$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
2024	$26,633,209	$24,768,531	$53,225,472	$1,864,678
2023	$35,324,025	$37,567,572	$49,623,076	$-2,243,547
2022	$48,942,676	$28,278,574	$43,928,073	$20,664,102
2021	$36,204,062	$21,340,256	$23,705,014	$14,863,806
2020	$18,300,174	$13,808,178	$16,639,547	$4,491,996
2019	$13,517,220	$13,227,872	$14,931,000	$289,348
2018	$21,933,925	$18,819,855	$11,980,099	$3,114,070

University Communications Network Inc