ALTERNATIVE NEWSWEEKLY 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

2002

Legal Domicile

Principal Officer

ELLEN J MEANY

Phone

6087720693

Tax Period

2024-10-01 to 2025-09-30

ALTERNATIVE NEWSWEEKLY FOUNDATION, founded in 2002, is a community nonprofit in the Civil Rights & Advocacy sector that reported $5.3M in total revenue in fiscal year 2024. The organization ran a surplus of $1.4M, a strong 27% operating margin.

Mission

THE ALTERNATIVE NEWSWEEKLY FOUNDATION IS DEDICATED TO THE PROMOTION AND SUPPORT OF INDEPENDENT JOURNALISM.ANF SERVES AS A FISCAL SPONSOR TO ORGANIZATIONS THAT ARE BUILDING AND SUSTAINING NEWS AND INFORMATION INFRASTRUCTURE ACROSS THE COUNTRY.AS PART OF ITS AFFILIATION WITH AAN PUBLISHERS (AAN.ORG), ANF SUPPORTS THE PROFESSIONAL DEVELOPMENT OF JOURNALISTS AND CONNECTS YOUNG JOURNALISTS WITH MENTORS.ANF WORKS SIDE BY SIDE WITH AAN TO SUPPORT THE CORE PRINCIPLES OF THE ALTERNATIVE PRESS: SPEAKING TRUTH TO POWER, TELLING STORIES THAT WOULD OTHERWISE GO UNTOLD, AND GIVING VOICE TO THOSE WHO WOULD OTHERWISE GO UNHEARD.

Program Service Accomplishments

Program 1

Expenses: $1,472,749 Revenue: $1,690,000

FELN: FUND FOR EQUITY IN LOCAL NEWS, A FISCALLY SPONSORED PROJECT OF ANF, RECEIVED GRANT FUNDING FROM GOOGLE NEWS INITIATIVE TO PRODUCE THE TRANSFORMATION TECH LAB SERIES, WHICH DELIVERED TRAINING...

FELN: FUND FOR EQUITY IN LOCAL NEWS, A FISCALLY SPONSORED PROJECT OF ANF, RECEIVED GRANT FUNDING FROM GOOGLE NEWS INITIATIVE TO PRODUCE THE TRANSFORMATION TECH LAB SERIES, WHICH DELIVERED TRAINING AND GRANT FUNDING TO 240 NEWS OUTLETS OVER A TWO-YEAR PERIOD (JUNE 2023-DEC2024).

Program 2

Expenses: $392,459 Revenue: $822,196

COAZ: CONECTA ARIZONA, A FISCALLY SPONSORED PROJECT OF ANF, IS AN INDEPENDENT NEWS ORGANIZATION THAT USES GRANT FUNDING AND SMALL DONATIONS TO PRODUCE A NEWS WEBSITE, NEWS PODCASTS, AND NEWS EVENTS IN ARIZONA. GRANT FUNDING PERIODS ARE SPREAD OVER MULTIPLE YEARS. COAZ HAS NOT YET SPENT ALL OF ITS GRANT FUNDING.

Program 3

Expenses: $156,428 Revenue: $616,745

ALTA: ALTAVOZ LAB, A FISCALLY SPONSORED PROJECT OF ANF, IS AN INDEPENDENT NEWS ORGANIZATION THAT MENTORS, TRAINS AND UPLIFTS LOCAL REPORTERS TO PRODUCE IMPACTFUL AND COLLABORATIVE ACCOUNTABILITY AND SERVICE-ORIENTED REPORTING PROJECTS AT OUTLETS SERVING HISTORICALLY DISINVESTED COMMUNITIES ACROSS THE U.S. ALTA HAS NOT YET SPENT ALL OF ITS GRANT FUNDING.

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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 $5,075,900

Program Service Revenue $209,920

Investment Income $412

Other Revenue $0

TOTAL REVENUE $5,286,232

Expense Breakdown

Grants Paid $2,261,335

Salaries & Benefits $232,034

Fundraising Expenses $48,711

Program Expenses $3,639,934

Other Expenses $1,376,701

TOTAL EXPENSES $3,870,070

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,286,232	$5,467,227	0.0%
Expenses	$3,870,070	$6,060,414	-0.4%
Net Income	$1,416,162	$-593,187	-3.4%

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

$73,545

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLAIR BARNA	DIRECTOR	1.00	Director	$0	$0	$0
JASON PRAMAS	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN RUSHING	DIRECTOR	1.00	Director	$0	$0	$0
RON BURKE	DIRECTOR	2.00	Director	$0	$0	$0
EVELYN CASTRO	DIRECTOR	2.00	Director	$0	$0	$0
JIMMY BOEGLE	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY SPENCER	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN GOLDBERG	PRESIDENT	1.00	Officer	$0	$0	$0
GRAHAM JARRETT	VICE PRESIDENT	1.00	Officer	$0	$0	$0
GEORGE THURLOW	TREASURER	1.00	Officer	$0	$0	$0
ELLEN MEANY	EXECUTIVE DIRECTOR & SECRETARY	40.00	Officer	$73,545	$0	$73,545

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
2025	$5,286,232	$3,870,070	$2,777,760	$1,416,162
2024	$5,467,227	$6,060,414	$1,428,426	$-593,187
2023	$2,818,603	$895,139	$2,046,058	$1,923,464