JOURNALISM EDUCATION 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

1967

Legal Domicile

Principal Officer

VERONICA HOLMES PURVIS

Phone

7855325532

Tax Period

2024-07-01 to 2025-06-30

JOURNALISM EDUCATION ASSOCIATION, founded in 1967, is a small nonprofit in the Arts, Culture & Humanities sector that reported $939K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 19% operating deficit.

Mission

THE JOURNALISM EDUCATION ASSOCIATION SUPPORTS FREE AND RESPONSIBLE SCHOLASTIC JOURNALISM BY PROVIDING RESOURCES AND EDUCATIONAL OPPORTUNITIES, BY PROMOTING PROFESSIONALISM, BY ENCOURAGING AND REWARDING STUDENT EXCELLENCE AND TEACHER ACHIEVEMENT, AND BY FOSTERING AN ATMOSPHERE WHICH ENCOMPASSES DIVERSITY YET BUILDS UNITY.

Program Service Accomplishments

Program 1

Expenses: $423,843 Revenue: $458,278

TO ACCOMPLISH OUR MISSION OF PROVIDING RESOURCES AND EDUCATIONAL OPPORTUNITIES, WE SERVE BOTH MEMBERS AND THEIR STUDENTS BY PROGRAMMING AND HOSTING TWO NATIONAL HIGH SCHOOL JOURNALISM CONVENTIONS...

TO ACCOMPLISH OUR MISSION OF PROVIDING RESOURCES AND EDUCATIONAL OPPORTUNITIES, WE SERVE BOTH MEMBERS AND THEIR STUDENTS BY PROGRAMMING AND HOSTING TWO NATIONAL HIGH SCHOOL JOURNALISM CONVENTIONS EACH YEAR. THE TWO CONVENTIONS COMBINED TO BRING TOGETHER 6,842 ATTENDEES FOR A WEEKEND OF COLLABORATION AND LEARNING THROUGH SESSIONS, WORKSHOPS AND CRITIQUES.

Program 2

Expenses: $90,598 Revenue: $8,122

TO ACCOMPLISH OUR MISSION PROMOTING PROFESSIONALISM AND BY FOSTERING AN ATMOSPHERE WHICH ENCOMPASSES DIVERSITY YET BUILDS UNITY, WE DEVELOP PROGRAMS FOR TEACHER SUPPORT, SUCH AS MENTORING, OUTREACH...

Program 3

Expenses: $39,592 Revenue: $56,343

THE JEA AWARDS COMMITTEE MEETS AT EACH JEA/NSPA NATIONAL HIGH SCHOOL JOURNALISM CONVENTION TO PLAN AND COORDINATE ALL OF JEA'S AWARD PROGRAMS.THE JEA CONTESTS COMMITTEE OVERSEES THE NATIONAL STUDENT MEDIA CONTESTS AND NATIONAL JOURNALISM QUIZ BOWL AT EACH NATIONAL CONVENTION. THEY ALSO OVERSEE THE JUNIOR HIGH/MIDDLE SCHOOL MEDIA CONTEST.

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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 $217,838

Program Service Revenue $569,794

Investment Income $135,761

Other Revenue $15,820

TOTAL REVENUE $939,213

Expense Breakdown

Grants Paid $13,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $684,878

Other Expenses $1,104,558

TOTAL EXPENSES $1,118,058

Year-over-Year Comparison

	2024	2023	Change
Revenue	$939,213	$1,313,732	-0.3%
Expenses	$1,118,058	$1,126,451	0.0%
Net Income	$-178,845	$187,281	-2.0%

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

180

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

$147,299

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALERIE KIBLER	PRESIDENT	20.00	Officer Director	$0	$0	$0
JUSTIN DAIGLE	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
RACHEL STEIL	DIRECTOR	2.00	Director	$0	$0	$0
SHARI CHUMLEY	DIRECTOR	2.00	Director	$0	$0	$0
DEBRA KLEVENS	DIRECTOR	2.50	Director	$0	$0	$0
ANDREA NEGRI	DIRECTOR	1.50	Director	$0	$0	$0
SANDRA COYER	DIRECTOR	10.00	Director	$0	$0	$0
VERONICA PURVIS	EXECUTIVE DIRECTOR	40.00	Officer	$124,626	$22,673	$147,299

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	$939,213	$1,118,058	$1,453,962	$-178,845
2024	$1,313,732	$1,126,451	$1,618,394	$187,281
2023	$839,089	$1,104,643	$1,342,267	$-265,554
2022	$532,909	$471,053	$1,589,327	$61,856
2021	$474,287	$459,386	$1,755,137	$14,901
2020	$769,401	$811,359	$1,539,884	$-41,958
2019	$1,035,590	$959,327	$1,662,279	$76,263
2018	$847,120	$867,972	$1,673,057	$-20,852