INSTITUTE FOR NONPROFIT NEWS

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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

2009

Legal Domicile

Phone

2137097126

Tax Period

2024-01-01 to 2024-12-31

INSTITUTE FOR NONPROFIT NEWS, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $15.6M in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum.

Mission

FOSTERING AND PROMOTING THE HIGHEST QUALITY INVESTIGATIVE AND PUBLIC SERVICE JOURNALISM.

Program Service Accomplishments

Program 1

Expenses: $14,665,910 Revenue: $587,988

INSTITUTE FOR NONPROFIT NEWS PRIMARY PROGRAMS HAVE BEEN FOCUSED ON HELPING OUR NONPROFIT INVESTIGATIVE AND PUBLIC SERVICE NEWS ORGANIZATIONS PRODUCE AND DISTRIBUTE STORIES WITH IMPACT TO THE GENERAL PUBLIC. THE ULTIMATE GOAL OF INSTITUTE FOR NONPROFIT NEWS' PROGRAMS IS TO FURTHER A FREE DEMOCRACY BY EDUCATING CITIZENS AND COMMUNITIES. DURING THE YEAR, INSTITUTE FOR NONPROFIT NEWS DEVELOPED AND DISSEMINATED VALUABLE RESOURCES PROMOTING INVESTIGATIVE, PUBLIC INTEREST AND EDUCATIONAL REPORTING; CONDUCTED MULTIPLE TRAINING SEMINARS; AND MORE GENERALLY HELPED DISTRIBUTE INVESTIGATIVE NEWS CONTENT ON A GLOBAL SCALE.

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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 $14,824,322

Program Service Revenue $0

Investment Income $182,570

Other Revenue $587,988

TOTAL REVENUE $15,594,880

Expense Breakdown

Grants Paid $9,661,222

Salaries & Benefits $3,350,399

Fundraising Expenses $385,474

Program Expenses $14,665,910

Other Expenses $2,651,592

TOTAL EXPENSES $15,663,213

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,594,880	$8,569,299	+0.8%
Expenses	$15,663,213	$10,079,196	+0.6%
Net Income	$-68,333	$-1,509,897	-1.0%

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

$503,976

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN RUNDLET	CEO	40.00	Officer	$214,828	$0	$214,828
COURTNEY LEWIS	GROWTH OFFICER	40.00		$161,205	$0	$161,205
CHARLES POTTS JR	DIR. OF FINANCE	40.00	Officer	$157,058	$0	$157,058
JOHNATHAN KEALING	NETWORK OFFICER	40.00		$141,480	$0	$141,480
LISA M GARDNER-SPRINGER	CHIEF DEVELOPMENT OFFICER	40.00		$138,038	$0	$138,038
SORAYA MEMBRENO	COO	40.00	Officer	$132,090	$0	$132,090
STEPHANIE SCHENKEL	NETWORK PHILANTHROPY DIRECTOR	40.00		$131,018	$0	$131,018
SHARENE AZIMI	DIRECTOR OF COMMUNICATIONS	40.00		$123,958	$0	$123,958
EMILY ROSEMAN	INN INDEX DIRECTOR	40.00		$115,043	$0	$115,043
MARCIA PARKER	Chairman	10.00	Officer Director	$0	$0	$0
BRUCE THERIAULT	Treasurer	10.00	Officer Director	$0	$0	$0
RON SMITH	Secretary	5.00	Officer Director	$0	$0	$0
KINSEY WILSON	Director	5.00	Director	$0	$0	$0
JOHN ADAMS	Director	5.00	Director	$0	$0	$0
VALERIA FERNANDEZ	Director	5.00	Director	$0	$0	$0
LUCAS GRINDLEY	Director	5.00	Director	$0	$0	$0
MARK HORVIT	Director	5.00	Director	$0	$0	$0
KYRA KYLES	Director	5.00	Director	$0	$0	$0
HSIU MEI WONG	Director	5.00	Director	$0	$0	$0
CARLA MINET	Director	5.00	Director	$0	$0	$0
GRACIELA MOCHKOSFKY	Director	5.00	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	No data	No data	No data	No data
2024	$15,594,880	$15,663,213	$8,704,403	$-68,333
2023	$8,495,751	$9,894,827	$7,463,456	$-1,399,076
2023	No data	No data	No data	No data
2022	$8,202,036	$6,442,637	$8,590,184	$1,759,399
2021	$6,971,216	$6,014,963	$6,852,788	$956,253
2020	$7,744,775	$5,445,340	$6,047,762	$2,299,435
2019	$8,647,768	$9,575,629	$3,399,078	$-927,861
2018	$5,466,220	$3,478,096	$4,338,945	$1,988,124