NEWS LEADERS ASSOCIATION

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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

1979

Legal Domicile

Principal Officer

MYRIAM MARQUEZ

Phone

2029640912

Tax Period

2023-01-01 to 2023-12-31

NEWS LEADERS ASSOCIATION, founded in 1979, is a micro nonprofit that reported $97K in total revenue in fiscal year 2023. Revenue surged 96% from the prior year, signaling strong growth momentum. Expenses of $252K exceeded revenue, resulting in a 159% operating deficit.

Mission

THE NLA FOUNDATION WORKS TO RAISE CHARITABLE DONATIONS IN SUPPORT OF NLA AND ITS VITAL COMMITMENT TO LEADING AMERICA'S NEWSROOMS. SINCE ITS ESTABLISHMENT IN 1979, THE FOUNDATION HAS RAISED AND EXPENDED MILLIONS OF DOLLARS IN SUPPORT OF NLA PROJECTS AND INITIATIVES AND TO STIMULATE NEW THINKING IN AREAS CRITICALLY IMPORTANT TO NEWSPAPER, DIGITAL AND BROADCAST EDITORS AND THE NEWS INDUSTRY.

Program Service Accomplishments

Program 1

MINORITY LEADERSHIP INSTITUTE: NOW CALLED THE EMERGING LEADERS INSTITUTE, THIS PROGRAM NLA PROMOTES NEWSROOM LEADERSHIP BY OFFERING VALUABLE TRAINING TO EDITORS, SUCH AS THE EMERGING LEADERS...

MINORITY LEADERSHIP INSTITUTE: NOW CALLED THE EMERGING LEADERS INSTITUTE, THIS PROGRAM NLA PROMOTES NEWSROOM LEADERSHIP BY OFFERING VALUABLE TRAINING TO EDITORS, SUCH AS THE EMERGING LEADERS INSTITUTE. THE INSTITUTE LAUNCHED IN 2012 WITH THE GOAL OF TRAINING MINORITY JOURNALISTS TO BECOME LEADERS IN THEIR ORGANIZATIONS AND IN THE INDUSTRY. THE PROGRAM IS TAILORED TO ADDRESS THE MOST PRESSING ISSUES FOR LEADERS AND THE SKILLS NEEDED TO LEAD AND DRIVE CHANGE. TOPICS COVERED IN EACH TWO-DAY INSTITUTE INCLUDE GOAL SETTING, FINANCE, STRATEGY, LEADERSHIP STYLE, DRIVING DIVERSITY, TECHNOLOGY AND INNOVATION. NLA HAS ORGANIZED 17 INSTITUTES SINCE 2012, TRAINING MORE THAN 300 NEWS LEADERS.

Program 2

THE ANNUAL DIVERSITY SURVEY OF NEWSROOMS WAS NOT CONDUCTED IN 2022 IN AN EFFORT TO REVAMP THE SURVEY METHODS AND GET A HIGHER PARTICIPATION RATE. A ROUNDTABLE WAS CONDUCTED IN FALL 2022 TO GET INPUT FROM AFFILIATE JOURNALISM GROUPS (NABJ, NAHJ, AAJA, MAYNARD, NLGJA, GOOGLE NEWSROOM INITIATIVE AND SPJ) BEFORE ISSUING A REQUEST FOR PROPOSAL TO GET BIDS FROM RESEARCHERS TO CONDUCT THE SURVEY THE FOLLOWING YEAR.

Program 3

Expenses: $12,178 Revenue: $16,782

THE NLA AWARDS HONOR THE BEST IN NEWSROOM LEADERSHIP, DIVERSITY LEADERSHIP AND PROTECTION OF A FREE PRESS IN 11 CATEGORIES. THE PRIZE MONEY FOR EACH AWARD COMES FROM SPONSORSHIPS BY DIFFERENT NEWS...

THE NLA AWARDS HONOR THE BEST IN NEWSROOM LEADERSHIP, DIVERSITY LEADERSHIP AND PROTECTION OF A FREE PRESS IN 11 CATEGORIES. THE PRIZE MONEY FOR EACH AWARD COMES FROM SPONSORSHIPS BY DIFFERENT NEWS ORGANIZATIONS AND FOUNDATIONS.

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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 $11,045

Program Service Revenue $103,996

Investment Income $-18,031

Other Revenue $0

TOTAL REVENUE $97,010

Expense Breakdown

Grants Paid $12,178

Salaries & Benefits $92,461

Fundraising Expenses $0

Program Expenses $31,524

Other Expenses $146,957

TOTAL EXPENSES $251,596

Year-over-Year Comparison

	2023	2022	Change
Revenue	$97,010	$49,410	+1.0%
Expenses	$251,596	$152,205	+0.7%
Net Income	$-154,586	$-102,795	+0.5%

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

$70,059

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BOARDMAN	PAST DIRECTOR	0.50	Director	$0	$0	$0
MIZELL STEWART III	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
NANCY BARNES	PAST DIRECTOR	0.50	Director	$0	$0	$0
GEORGE STANLEY	PAST DIRECTOR	0.50	Director	$0	$0	$0
ALISON GERBER	PRESIDENT	1.00	Officer Director	$0	$0	$0
MANUEL GARCIA	PAST PRESIDENT	0.50	Officer Director	$0	$0	$0
MIKE DAYS	PAST DIRECTOR	0.50	Director	$0	$0	$0
ROBYN TOMLIN	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
EMILIO GARCIA RUIZ	TREASURER	0.50	Officer Director	$0	$0	$0
AUDREY COOPER	SECRETARY	0.00	Officer Director	$0	$0	$0
MYRIAM MARQUEZ	EXECUTIVE DIRECTOR	25.00	Officer	$70,059	$0	$70,059

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	$97,010	$251,596	$1,021,064	$-154,586
2022	$49,410	$152,205	$2,075,666	$-102,795
2021	$462,518	$336,419	$2,475,228	$126,099
2020	$232,121	$207,942	$2,454,663	$24,179
2019	$492,803	$549,913	$2,431,781	$-57,110
2018	$784,935	$701,525	$2,576,831	$83,410