PENNSYLVANIA NEWSMEDIA ASSOCIATION FOUNDATION (EIN 236441417) - 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

1968

Legal Domicile

Principal Officer

BRAD SIMPSON

Phone

7177033000

Tax Period

2023-01-01 to 2023-12-31

PENNSYLVANIA NEWSMEDIA ASSOCIATION FOUNDATION, founded in 1968, is a small nonprofit that reported $207K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $381K exceeded revenue, resulting in a 84% operating deficit.

Mission

OUR MISSION IS TO PROVIDE TRAINING AND RESOURCES TO OUR MEMBERS AND PUBLIC, TO DEVELOP THE NEXT GENERATION OF READERS AND JOURNALISTS AND TO EDUCATE THE PUBLIC ON THE IMPORTANCE IF THE FIRST AMENDMENT AND THE ROLE OF THE FREE PRESS.

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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 $22,567

Program Service Revenue $92,963

Investment Income $91,746

Other Revenue $0

TOTAL REVENUE $207,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $10,514

Program Expenses $315,415

Other Expenses $380,800

TOTAL EXPENSES $380,800

Year-over-Year Comparison

	2023	2022	Change
Revenue	$207,276	$141,751	+0.5%
Expenses	$380,800	$337,615	+0.1%
Net Income	$-173,524	$-195,864	-0.1%

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

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
MS DIANE BRINSER	ASSISTANT TREASURER	8.00	Officer Director	$0	$0	$0
MR SCOTT BLANCHARD	TRUSTEE	1.00	Director	$0	$0	$0
MR RICHARD GANAHL	TRUSTEE	1.00	Director	$0	$0	$0
MR DAVID ERDMAN	TRUSTEE	1.00	Director	$0	$0	$0
MR CHUCK RUSSELL	TRUSTEE	1.00	Director	$0	$0	$0
MR MARIE HARDIN	TRUSTEE	1.00	Director	$0	$0	$0
MR BRAD SIMPSON	PRESIDENT (THRU 5/2023)	15.00	Officer Director	$0	$0	$0
MR JOHN DERR	TRUSTEE	1.00	Director	$0	$0	$0
MR GARY OWEN	TRUSTEE	1.00	Director	$0	$0	$0
MR HARRY DIETZ	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
MR CRAIG STAUDENMAIER	IMMEDIATE PAST CHAIR	1.00	Director	$0	$0	$0
MR DAVE MARTENS	CHAIRMAN	1.00	Director	$0	$0	$0
MR WILLIAM R LYNETT	VICE CHAIRMAN	1.00	Director	$0	$0	$0
MS HELEN FALLON	TRUSTEE	1.00	Director	$0	$0	$0
MR FREDERICK FRANK	TRUSTEE	1.00	Director	$0	$0	$0
MR HENRY NYCE	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM COTTER	PRESIDENT (THRU 5/2023)	15.00	Officer Director	$0	$0	$0
MS CATE BARRON	TREASURER	1.00	Officer	$0	$0	$0
MS MELINDA CONDON	EXECUTIVE DIRECTOR	35.00	Officer	$0	$0	$0
MS MELISSA MELEWSKY ESQ	ASSISTANT SECRETARY	1.00	Officer	$0	$0	$0
MR JOE SUKLE	SECRETARY	1.00	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	No data	No data	No data	No data
2023	$207,276	$380,800	$2,794,095	$-173,524
2022	$141,751	$337,615	$2,641,099	$-195,864
2021	$328,937	$328,890	$3,197,264	$47
2020	$195,565	$481,893	$3,073,141	$-286,328
2019	$208,802	$356,849	$3,040,116	$-148,047
2018	$306,275	$382,331	$2,667,123	$-76,056

PENNSYLVANIA NEWSMEDIA ASSOCIATION FOUNDATION