CBS TELEVISION NETWORK AFFILIATES … - 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

1973

Legal Domicile

Principal Officer

KEVIN LATEK

Phone

3342061400

Tax Period

2024-01-01 to 2024-12-31

CBS TELEVISION NETWORK AFFILIATES ASSOCIATION, founded in 1973, is a small nonprofit in the Community Improvement sector that reported $477K in total revenue in fiscal year 2024. Expenses of $588K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO PROMOTE THE PROGRESS AND DEVELOPMENT OF TELEVISION BROADCASTING GENERALLY, INCLUDING BUT NOT LIMITED TO, NETWORK TELEVISION BROADCASTING BY AFFILIATED STATIONS. THE ASSOCIATION DEVELOPS, PROMOTES AND PRESERVES GOOD NETWORK TELECASTING PRACTICES AND PROMOTES INTERESTS OF TELEVISION NETWORK AFFILIATES WITH OTHER BROADCASTING INDUSTRY ASSOCIATES AND THE FEDERAL GOVERNMENT, SERVING PUBLIC INTEREST.

Program Service Accomplishments

Program 1

TO PROMOTE THE PROGRESS AND DEVELOPMENT OF TV BROADCASTING IN GENERAL. ALSO, TO ENSURE NETWORK TV BROADCASTING SERVES THE PUBLIC INTEREST AND DEVELOP, PROMOTE AND PRESERVE GOOD NETWORK TELEVISION...

TO PROMOTE THE PROGRESS AND DEVELOPMENT OF TV BROADCASTING IN GENERAL. ALSO, TO ENSURE NETWORK TV BROADCASTING SERVES THE PUBLIC INTEREST AND DEVELOP, PROMOTE AND PRESERVE GOOD NETWORK TELEVISION PRACTICES.

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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 $466,900

Program Service Revenue $0

Investment Income $9,917

Other Revenue $0

TOTAL REVENUE $476,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $587,878

TOTAL EXPENSES $587,878

Year-over-Year Comparison

	2024	2023	Change
Revenue	$476,817	$489,071	0.0%
Expenses	$587,878	$1,296,382	-0.5%
Net Income	$-111,061	$-807,311	-0.9%

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
DANA ZIMMER	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
KEVIN LATEK	TREASURER	1.00	Officer Director	$0	$0	$0
ERIC BRADLEY	DIRECTOR	1.00	Director	$0	$0	$0
ADAM CHASE	DIRECTOR	1.00	Director	$0	$0	$0
LYNN BEALL	PAST CHAIR	1.00	Director	$0	$0	$0
CHRIS CORNELIUS	DIRECTOR	1.00	Director	$0	$0	$0
WADE DEAVER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS RIPLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
BYRON ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL YORK	CHAIR	1.00	Officer Director	$0	$0	$0
ASHLEY GOLD	DIRECTOR	1.00	Director	$0	$0	$0
AMY LIZ PITTENGER	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
2025	No data	No data	No data	No data
2024	$476,817	$587,878	$995,553	$-111,061
2023	$489,071	$1,296,382	$1,121,649	$-807,311
2022	$542,138	$493,289	$1,961,223	$48,849
2021	$542,156	$266,542	$1,849,239	$275,614
2020	$515,268	$264,655	$1,564,565	$250,613
2019	$522,013	$452,123	$1,313,952	$69,890
2018	$527,769	$321,434	$1,230,847	$206,335

CBS TELEVISION NETWORK AFFILIATES ASSOCIATION