OHIO NEWS MEDIA ASSOCIATION

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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

1933

Legal Domicile

Phone

6144866677

Tax Period

2024-01-01 to 2024-12-31

OHIO NEWS MEDIA ASSOCIATION, founded in 1933, is a small nonprofit that reported $305K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $271K left a modest 11% surplus.

Mission

TO PROMOTE THE BEST INTERESTS OF ALL MEMBERS IN ALL MATTERS PERTAINING TO THE PUBLISHING AND PRINTING BUSINESS AND TO DO ALL ACTS AND THINGS RELATING THERETO WHICH MAY BE NECESSARY OR DESIRABLE TO THE BUSINESS OR WELFARE OF THE ASSOCIATION AND ITS MEMBERS.

Program Service Accomplishments

Program 1

PROVIDE PROBLEM SOLVING SERVICES AND UPDATE THE MEMBERSHIP ON NEW INFORMATION

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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 $0

Program Service Revenue $293,138

Investment Income $5,768

Other Revenue $6,140

TOTAL REVENUE $305,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $250,673

Fundraising Expenses $0

Program Expenses $0

Other Expenses $19,900

TOTAL EXPENSES $270,573

Year-over-Year Comparison

	2024	2023	Change
Revenue	$305,046	$249,116	+0.2%
Expenses	$270,573	$258,689	+0.0%
Net Income	$34,473	$-9,573	-4.6%

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

$193,323

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANA COLLIER	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
JOHN KARLOVEC	PRESIDENT	1.0	Officer Director	$0	$0	$0
BERYL LOVE	TREASURER	1.0	Director	$0	$0	$0
BILL HUDNUTT	TRUSTEE	1.0	Director	$0	$0	$0
CHRIS QUINN	TRUSTEE	1.0	Director	$0	$0	$0
JEREMY SPEER	TRUSTEE	1.0	Director	$0	$0	$0
LANE MOON	TRUSTEE	1.0	Director	$0	$0	$0
MARY HUBER	TRUSTEE	1.0	Director	$0	$0	$0
MIKE SHEARER	TRUSTEE	1.0	Director	$0	$0	$0
MILO MILLER	TRUSTEE	1.0	Director	$0	$0	$0
PAUL REYNOLDS	TRUSTEE	1.0	Director	$0	$0	$0
SUZANNE KLOPFENSTEIN	TRUSTEE	1.0	Director	$0	$0	$0
TOM ZELLER	TRUSTEE	1.0	Director	$0	$0	$0
MONICA NIEPORTE KOREN	SECRETARY/EXECUTIVE DIRECTOR	40.0	Officer	$146,936	$11,560	$193,323

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	$305,046	$270,573	$355,027	$34,473
2023	$249,116	$258,689	$311,433	$-9,573
2022	$333,431	$275,536	$304,283	$57,895
2021	$375,380	$274,482	$272,137	$100,898
2020	$354,758	$316,565	$209,187	$38,193
2019	$321,901	$359,969	$162,621	$-38,068
2018	$298,824	$331,016	$164,161	$-32,192