NETWORK 7 MEDIA CENTER INC (EIN 261720665) - 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

2007

Legal Domicile

Principal Officer

CHRISTOPHER BEASON

Phone

4237743017

Tax Period

2024-01-01 to 2024-12-31

NETWORK 7 MEDIA CENTER INC, founded in 2007, is a small nonprofit in the Religion sector that reported $124K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $163K exceeded revenue, resulting in a 31% operating deficit.

Mission

PRODUCTION AND DISTRIBUTION OF CHRISTIAN LITERATURE AND MEDIA

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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 $19,915

Program Service Revenue $104,367

Investment Income $0

Other Revenue $0

TOTAL REVENUE $124,282

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,215

Fundraising Expenses $0

Program Expenses $156,116

Other Expenses $91,437

TOTAL EXPENSES $162,652

Year-over-Year Comparison

	2024	2023	Change
Revenue	$124,282	$84,905	+0.5%
Expenses	$162,652	$120,518	+0.3%
Net Income	$-38,370	$-35,613	+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

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

$36,617

Total Directors

$36,617

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER BEASON	PRESIDENT	40.00	Officer Director	$36,617	$0	$36,617
DON VAN ORNAM	DIRECTOR	2.00	Director	$0	$0	$0
DR RODDY SCARBROUGH	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
VERLYNE STARR	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	$124,282	$162,652	$55,803	$-38,370
2023	$84,905	$120,518	$24,759	$-35,613
2022	$69,661	$116,181	$12,512	$-46,520
2021	$144,989	$113,483	$56,267	$31,506
2020	$150,978	$180,184	$104,896	$-29,206
2019	$128,847	$178,696	$103,097	$-49,849
2018	$183,035	$186,640	$164,539	$-3,605

NETWORK 7 MEDIA CENTER INC