SOCIETY OF PROFESSIONAL JOURNALISTS (EIN 362037874) - Form 990 Financial Analysis & Trantor Score

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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

1958

Legal Domicile

Principal Officer

CAROLINE HENDRIE

Phone

3179278000

Tax Period

2023-01-01 to 2023-12-31

SOCIETY OF PROFESSIONAL JOURNALISTS, founded in 1958, is a small nonprofit that reported $811K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 35% operating deficit.

Mission

THE SOCIETY IS A NATIONAL PROFESSIONAL ORGANIZATION FOR JOURNALISTS, THE PURPOSE OF WHICH IS TO AID, ENCOURAGE, AND PROMOTE A FREE PRESS, HIGH PROFESSIONAL STANDARDS, AND ETHICAL BEHAVIOR IN THE PRACTICE OF JOURNALISM.

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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 $311,533

Program Service Revenue $428,223

Investment Income $40,173

Other Revenue $30,815

TOTAL REVENUE $810,744

Expense Breakdown

Grants Paid $0

Salaries & Benefits $332,667

Fundraising Expenses $0

Other Expenses $764,085

TOTAL EXPENSES $1,096,752

Year-over-Year Comparison

	2023	2022	Change
Revenue	$810,744	$1,091,852	-0.3%
Expenses	$1,096,752	$1,396,695	-0.2%
Net Income	$-286,008	$-304,843	-0.1%

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

$118,737

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHANTI BLAIZE-HOPKINS	PRESIDENT	10.00	Officer Director	$0	$0	$0
EMILY BLOCH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DANIELA IBARRA	SECRETARY-TREASURER	1.00	Officer Director	$0	$0	$0
ADAM SENNOTT	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
KEVIN SMITH	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
WESLEY WRIGHT	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
CHRIS VACCARO	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
CAROLYN BURT	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
REGINALD HARDWICK	DIRECTOR AT-LARGE	1.00	Director	$0	$0	$0
JENNIFER ROYER	INTERIM EXECUTIVE DIRECTOR	40.00	Officer	$95,623	$23,114	$118,737
ROD HICKS	DIRECTOR OF ETHICS AND DIV	40.00	Highest	$108,497	$14,054	$122,551

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
2023	$810,744	$1,096,752	$1,097,273	$-286,008
2022	$1,091,852	$1,396,695	$1,449,359	$-304,843
2021	$1,294,890	$1,383,555	$1,602,738	$-88,665
2020	$1,325,798	$1,162,682	$1,539,800	$163,116
2019	$1,077,571	$1,316,021	$1,868,402	$-238,450
2018	$1,342,231	$1,344,704	$1,837,799	$-2,473

SOCIETY OF PROFESSIONAL JOURNALISTS