THE NATIONAL CATHOLIC REPORTER PUB… - Form 990 Financial Data

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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

1964

Legal Domicile

Phone

8165310538

Tax Period

2024-07-01 to 2025-06-30

THE NATIONAL CATHOLIC REPORTER PUBLISHING CO, founded in 1964, is a community nonprofit in the Religion sector that reported $5.3M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $5.9M exceeded revenue, resulting in a 11% operating deficit.

Mission

NCR CONNECTS CATHOLICS TO CHURCH, FAITH AND THE COMMON GOOD WITH INDEPENDENT NEWS, ANALYSIS AND SPIRITUAL REFLECTION.

Program Service Accomplishments

Program 1

Expenses: $4,422,437 Revenue: $841,572

NEWSPAPER - THE NATIONAL CATHOLIC REPORTER PROVIDES EXTENSIVE INDEPENDENT REPORTING ON THE CATHOLIC CHURCH AND THE RELIGIOUS DIMENSIONS OF THE NEWS, AS WELL AS SOCIAL JUSTICE ISSUES, AND PROVIDES...

NEWSPAPER - THE NATIONAL CATHOLIC REPORTER PROVIDES EXTENSIVE INDEPENDENT REPORTING ON THE CATHOLIC CHURCH AND THE RELIGIOUS DIMENSIONS OF THE NEWS, AS WELL AS SOCIAL JUSTICE ISSUES, AND PROVIDES COMMENTARY FOR DISCUSSION OF RELIGIOUS TOPICS.

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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 $3,464,239

Program Service Revenue $841,572

Investment Income $538,279

Other Revenue $491,660

TOTAL REVENUE $5,335,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,143,283

Fundraising Expenses $782,328

Program Expenses $4,422,437

Other Expenses $2,674,007

TOTAL EXPENSES $5,943,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,335,750	$6,084,801	-0.1%
Expenses	$5,943,165	$5,431,054	+0.1%
Net Income	$-607,415	$653,747	-1.9%

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

$322,664

Total Directors

$189,665

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE FERULLO	PUBLISHER/CEO	38.0	Officer Director	$153,894	$29,665	$183,559
SR CHRISTINE SCHENK CSJ	VICE CHAIR/DIRECTOR	1.0	Officer Director	$0	$0	$0
STEVE MILLER	CHAIR/DIRECTOR	10.0	Officer Director	$0	$0	$0
ANNETTE LOMONT	DIRECTOR-EMERITUS	1.0	Director	$0	$0	$0
CYNTHIA MANNS	DIRECTOR	1.0	Director	$0	$0	$0
DAN SCHUTTE	DIRECTOR	1.0	Director	$0	$0	$0
DAVID BONIOR	DIRECTOR	1.0	Director	$0	$0	$0
DR TERRENCE RYNNE	DIRECTOR	1.0	Director	$0	$0	$0
ELISABETH ROMN	DIRECTOR	1.0	Director	$0	$0	$0
FRANK BUTLER	DIRECTOR	1.0	Director	$0	$0	$0
JACQUELINE DOUD	DIRECTOR	1.0	Director	$0	$0	$0
JEANNE RUESCH	DIRECTOR	1.0	Director	$0	$0	$0
JIM FREY	DIRECTOR	1.0	Director	$0	$0	$0
JIM PURCELL	DIRECTOR	1.0	Director	$0	$0	$0
JOAN MCGRATH	DIRECTOR-EMERITUS	1.0	Director	$0	$0	$0
JOHN WEISER	DIRECTOR-EMERITUS	1.0	Director	$0	$0	$0
JUDE BARRY	DIRECTOR	1.0	Director	$0	$0	$0
MARY BURKE	DIRECTOR	1.0	Director	$0	$0	$0
MARYJEANNE BURKE	DIRECTOR-EMERITUS	1.0	Director	$0	$0	$0
MEG NODZON	DIRECTOR	1.0	Director	$0	$0	$0
MICHAEL GILLIGAN	DIRECTOR	1.0	Director	$0	$0	$0
MICHELE MURRAY	DIRECTOR	1.0	Director	$0	$0	$0
PATRICK WAIDE	DIRECTOR-EMERITUS	1.0	Director	$0	$0	$0
REV GREGORY GOETHALS SJ	DIRECTOR	1.0	Director	$0	$0	$0
RUMI MORALES	DIRECTOR	1.0	Director	$0	$0	$0
SR SIMONE CAMPBELL SSS	DIRECTOR	1.0	Director	$0	$0	$0
STEVEN PRIVETT SJ	DIRECTOR	1.0	Director	$0	$0	$0
THOMAS FOX	DIRECTOR-EMERITUS	1.0	Director	$6,106	$0	$6,106
TOM BERTELSEN	DIRECTOR-EMERITUS	1.0	Director	$0	$0	$0
WALTER REITER	SECRETARY/TREASURER	38.0	Officer	$90,521	$48,584	$139,105
ANTONIO HERNANDEZ	AUDIENCE ENGAGEMENT DIRECTOR/GM	38.0	Highest	$106,266	$14,961	$121,227
KAMIN REA	ADVERTISING DIRECTOR	38.0	Highest	$103,351	$27,085	$130,436

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	$5,335,750	$5,943,165	$20,820,862	$-607,415
2024	$6,084,801	$5,431,054	$19,696,403	$653,747
2023	$3,698,830	$5,169,588	$16,900,495	$-1,470,758
2022	$7,195,861	$4,631,095	$17,004,062	$2,564,766
2021	$9,019,634	$4,428,617	$17,137,826	$4,591,017
2020	$5,907,971	$4,643,611	$12,767,816	$1,264,360
2019	$6,802,345	$4,802,969	$12,196,085	$1,999,376

THE NATIONAL CATHOLIC REPORTER PUBLISHING CO