Bascomb Memorial Broadcasting Foundation Inc (EIN 237412945) - 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

1971

Legal Domicile

Principal Officer

Cecil B Persaud

Phone

3056628889

Tax Period

2024-01-01 to 2024-12-31

Bascomb Memorial Broadcasting Foundation Inc, founded in 1971, is a small nonprofit that reported $933K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 15% operating deficit.

Mission

WDNA 88.9FM Public Radios mission is to provide quality music, arts, and cultural programs to South Florida and beyond, remaining committed to jazz and providing entertainment and enrichment through radio programs, workshops, concerts and other events to bring people together.

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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 $666,408

Program Service Revenue $246,245

Investment Income $0

Other Revenue $19,923

TOTAL REVENUE $932,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $504,990

Fundraising Expenses $138,882

Program Expenses $694,306

Other Expenses $563,632

TOTAL EXPENSES $1,068,622

Year-over-Year Comparison

	2024	2023	Change
Revenue	$932,576	$1,140,165	-0.2%
Expenses	$1,068,622	$1,073,874	0.0%
Net Income	$-136,046	$66,291	-3.1%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cecil B Persaud	President	2.00	Officer Director	$0	$0	$0
Viviam M Lopez	Vice President	2.00	Officer Director	$0	$0	$0
Ed Blanco	Secretary	2.00	Officer Director	$0	$0	$0
Luis W Fernandez	Director	2.00	Director	$0	$0	$0
Hector Gutierrez	Director	2.00	Director	$0	$0	$0
Jim Gasior	Director	2.00	Director	$0	$0	$0
Carole Ann Taylor	Director	2.00	Director	$0	$0	$0
Stan Rubin	Director	2.00	Director	$0	$0	$0
Leah Weston	Director	2.00	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	$932,576	$1,068,622	$2,237,489	$-136,046
2023	$1,140,165	$1,073,874	$2,621,935	$66,291
2022	$1,123,226	$948,729	$2,837,206	$174,497
2021	$1,142,641	$875,087	$2,367,250	$267,554
2020	$871,039	$824,577	$2,130,296	$46,462
2019	$758,921	$789,837	$1,997,269	$-30,916
2018	$842,179	$889,963	$2,064,378	$-47,784

Bascomb Memorial Broadcasting Foundation Inc