PENNSYLVANIA NEWSMEDIA ASSOCIATION (EIN 230959460) - 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

1925

Legal Domicile

Principal Officer

DIANE BRINSER

Phone

7177033000

Tax Period

2024-01-01 to 2024-12-31

PENNSYLVANIA NEWSMEDIA ASSOCIATION, founded in 1925, is a small nonprofit that reported $516K in total revenue in fiscal year 2024. Expenses of $937K exceeded revenue, resulting in a 81% operating deficit.

Mission

TRADE ASSOCIATION TO ADVANCE THE BUSINESS INTERESTS OF PENNSYLVANIA NEWS MEDIA ORGANIZATIONS.

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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 $17,950

Program Service Revenue $324,477

Investment Income $153,866

Other Revenue $20,199

TOTAL REVENUE $516,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $937,105

TOTAL EXPENSES $937,105

Year-over-Year Comparison

	2024	2023	Change
Revenue	$516,492	$497,963	+0.0%
Expenses	$937,105	$650,739	+0.4%
Net Income	$-420,613	$-152,776	+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

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

$199,900

Total Directors

$199,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERNIE ORAVEC	DIRECTOR	1.00	Director	$0	$0	$0
BOB GEIGER	CHAIRMAN ELECT	2.00	Officer Director	$0	$0	$0
BRAD BAILEY	SECRETARY/TREASURER	2.00	Director	$0	$0	$0
CARRIE PAULDIN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIE GARDNER	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS SCHAEFER	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
HARRY HARTMAN	IMMEDIATE PAST CHAIRMAN	2.00	Officer Director	$0	$0	$0
JAMES LEWANDOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER L BERTETTO	CHAIRWOMAN	2.00	Officer Director	$0	$0	$0
JUSTIN BUCKS	DIRECTOR	1.00	Director	$0	$0	$0
LAWRANCE BINDA	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JOYCE	DIRECTOR	1.00	Director	$0	$0	$0
PAUL BENNETT	DIRECTOR	1.00	Director	$0	$0	$0
BILL SOUTHERN	DIRECTOR	1.00	Director	$0	$0	$0
RUTH EDDY	DIRECTOR	1.00	Director	$0	$0	$0
SHARON SORG	VICE CHAIRWOMAN	2.00	Director	$0	$0	$0
WILLIAM COTTER	PRESIDENT	25.00	Officer Director	$199,900	$0	$199,900
CHRIS BAXTER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MIORELLI	DIRECTOR	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
2024	$516,492	$937,105	$5,635,135	$-420,613
2023	$497,963	$650,739	$5,849,424	$-152,776
2022	$1,171,586	$646,713	$6,666,423	$524,873
2021	$573,386	$650,913	$5,861,503	$-77,527
2020	$532,468	$677,205	$5,943,630	$-144,737
2019	$727,254	$877,186	$6,215,403	$-149,932
2018	$982,519	$1,021,150	$5,488,845	$-38,631

PENNSYLVANIA NEWSMEDIA ASSOCIATION