AUDIOVERSE (EIN 271861510) - 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

2010

Legal Domicile

Principal Officer

ALISTAIR HUONG

Phone

9512236794

Tax Period

2024-01-01 to 2024-12-31

AUDIOVERSE, founded in 2010, is a small nonprofit in the Religion sector that reported $823K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 28% operating deficit.

Mission

ORGANIZATION'S MISSION IS TO BE A TRUSTWORTHY GLOBAL PROVIDER OF BIBLE- BASED AND CHRIST-CENTERED 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 $736,477

Program Service Revenue $0

Investment Income $80,364

Other Revenue $6,025

TOTAL REVENUE $822,866

Expense Breakdown

Grants Paid $0

Salaries & Benefits $663,097

Fundraising Expenses $0

Program Expenses $934,409

Other Expenses $393,024

TOTAL EXPENSES $1,056,121

Year-over-Year Comparison

	2024	2023	Change
Revenue	$822,866	$1,017,701	-0.2%
Expenses	$1,056,121	$790,867	+0.3%
Net Income	$-233,255	$226,834	-2.0%

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

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

$70,620

Total Directors

$70,620

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY ARAKAWA	CHAIRMAN & P	N/A	Officer Director	$0	$0	$0
ALISTAIR HUONG	SECRETARY	40.00	Officer Director	$70,620	$0	$70,620
KATHRYN IRIZARRY	BOARD MEMBER	N/A	Director	$0	$0	$0
ELI KIM	BOARD MEMBER	N/A	Director	$0	$0	$0
CHESTER CLARK III	BOARD MEMBER	N/A	Director	$0	$0	$0
VONN WILLIAMS	TREASURER	N/A	Officer Director	$0	$0	$0
JESSE ZWIKER	BOARD MEMBER	N/A	Director	$0	$0	$0
CORY REEVES	BOARD MEMBER	N/A	Director	$0	$0	$0
JACKIE DUFFY	BOARD MEMBER	N/A	Director	$0	$0	$0
JOSE LAVERDE	SENIOR SOFTW	40.00	Highest	$114,000	$0	$114,000
JOHN PEREGRINO	DIR OF PRODU	40.00	Highest	$130,000	$0	$130,000
HENRY A OROZCO ROBLES	SENIOR SOFTW	40.00	Highest	$105,000	$0	$105,000

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	$822,866	$1,056,121	$1,765,781	$-233,255
2023	$1,017,701	$790,867	$1,931,281	$226,834
2022	$993,529	$646,280	$1,699,164	$347,249
2021	$874,182	$549,393	$1,359,066	$324,789
2020	$780,514	$474,331	$1,040,495	$306,183
2019	$362,228	$304,387	$720,282	$57,841
2018	$408,384	$308,456	$659,538	$99,928

AUDIOVERSE