NEW MICHIGAN MEDIA

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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

HAYG OSHAGAN

Phone

7347178777

Tax Period

2024-01-01 to 2024-12-31

NEW MICHIGAN MEDIA, founded in 2010, is a small nonprofit in the Education sector that reported $273K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

PROVIDE SERVICES FOR HELPING ETHNIC MINORITY MEDIA TO INCREASE VISIBILITY TO THE MAINSTREAM POPULATION

Program Service Accomplishments

Program 1

Expenses: $273,125 Revenue: $282,353

PROVIDE SERVICES FOR HELPING ETHNIC MINORITY MEDIA TO

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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 $273,125

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $273,125

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,500

Fundraising Expenses $0

Program Expenses $273,125

Other Expenses $251,853

TOTAL EXPENSES $282,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,125	$209,838	+0.3%
Expenses	$282,353	$265,345	+0.1%
Net Income	$-9,228	$-55,507	-0.8%

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

N/A

Employees

N/A

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

$30,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAYG OSHAGAN	PRESIDENT	20	Officer	$30,000	$0	$30,000
JESSICA MCCABE	VICE PRES	5	Officer	$500	$0	$500

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	$273,125	$282,353	$258,526	$-9,228
2023	$209,838	$265,345	$267,754	$-55,507
2022	$211,358	$260,718	$323,261	$-49,360
2021	$252,881	$250,338	$368,370	$2,543
2020	$1,237,287	$1,031,135	$370,076	$206,152
2019	$285,849	$189,366	$165,592	$96,483