NEWS FOUNDATION OF GREATER FAYETTEVILLE (EIN 365005145) - 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

2022

Legal Domicile

Principal Officer

ANTHONY G CHAVONNE

Phone

9102866887

Tax Period

2025-01-01 to 2025-12-31

NEWS FOUNDATION OF GREATER FAYETTEVILLE, founded in 2022, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $83K in total revenue in fiscal year 2025. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $159K exceeded revenue, resulting in a 93% operating deficit.

Mission

DEDICATED TO BUILDING COMMUNITY SUPPORT AND FINANCIAL RESOURCES TO ENSURE THAT OBJECTIVE AND BALANCED NEWS COVERAGE OF LOCAL GOVERNMENT, SCHOOLS AND OTHER ISSUES IS PROVIDED FOR FREE TO ALL RESIDENTS IN FAYETTEVILLE AND CUMBERLAND COUNTY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $82,664

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $82,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $159,226

Other Expenses $159,226

TOTAL EXPENSES $159,226

Year-over-Year Comparison

	2025	2024	Change
Revenue	$82,664	$180,711	-0.5%
Expenses	$159,226	$224,859	-0.3%
Net Income	$-76,562	$-44,148	+0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERALD BEAVER	TRUSTEE	N/A	Director	$0	$0	$0
LANDON THOMAS BENTHAM	TRUSTEE	N/A	Director	$0	$0	$0
ANTHONY G CHAVONNE	CHAIR	N/A	Officer Director	$0	$0	$0
RENE CORDERS	TRUSTEE	N/A	Director	$0	$0	$0
ALISA E DEBNAM	TRUSTEE	N/A	Director	$0	$0	$0
MARGARET HIGHSMITH DICKSON	TRUSTEE	N/A	Director	$0	$0	$0
CATHERINE PRITCHARD	TRUSTEE	N/A	Director	$0	$0	$0
DARSWEIL LANCE ROGERS	TRUSTEE	N/A	Director	$0	$0	$0
TIMOTHY OLIVER WHITE	TRUSTEE	N/A	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
2025	$82,664	$159,226	$15,013	$-76,562
2023	$185,586	$105,995	$137,323	$79,591
2022	$56,809	$677	$56,132	$56,132

NEWS FOUNDATION OF GREATER FAYETTEVILLE