WASHINGTON BLADE FOUNDATION

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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

2016

Legal Domicile

Principal Officer

Lynne Brown

Phone

2027472077

Tax Period

2023-11-01 to 2024-10-31

WASHINGTON BLADE FOUNDATION, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $157K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $175K exceeded revenue, resulting in a 11% operating deficit.

Mission

Preserve legacy of nations first LGBT newspaper.

Program Service Accomplishments

Program 1

Expenses: $162,076 Revenue: $190,562

International Reporting - The Washington Blade has been traveling the world since 2013 covering LGBT issues in areas where LGBT advocacy work and visibility remain limited. With the support of the...

International Reporting - The Washington Blade has been traveling the world since 2013 covering LGBT issues in areas where LGBT advocacy work and visibility remain limited. With the support of the Blade Foundation the Blade has been able to extend its reach through the funding of reporters covering countries in Central America Mexico and the Caribbean. Over 125 articles highlighting LGBT issues in these countries where LGBT advocacy work and visibility remain limited.

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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 $194,188

Program Service Revenue $0

Investment Income $12

Other Revenue $-36,930

TOTAL REVENUE $157,270

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $162,076

Other Expenses $174,584

TOTAL EXPENSES $174,584

Year-over-Year Comparison

	2023	2022	Change
Revenue	$157,270	$116,850	+0.3%
Expenses	$174,584	$44,250	+2.9%
Net Income	$-17,314	$72,600	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Naff	President	1.00	Officer Director	$0	$0	$0
Peter Rosenstein	Vice President	1.00	Officer Director	$0	$0	$0
Khadijah Tribble	Secretary	1.00	Officer Director	$0	$0	$0
V Colleen Dermody	Treasurer	1.00	Officer 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	$157,270	$174,584	$120,056	$-17,314