FRIENDS OF MVYRADIO INC (EIN 463432541) - 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

2013

Legal Domicile

Principal Officer

JAMES ATTWOOD

Phone

5086935000

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF MVYRADIO INC, founded in 2013, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.4M in total revenue in fiscal year 2024. Expenses of $2.3M left a modest 7% surplus.

Mission

BUILDING COMMUNITY THROUGH THE POWER OF MUSIC.

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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 $1,853,423

Program Service Revenue $584,052

Investment Income $12,668

Other Revenue $-8,824

TOTAL REVENUE $2,441,319

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,368,619

Fundraising Expenses $647,241

Program Expenses $1,329,255

Other Expenses $905,349

TOTAL EXPENSES $2,273,968

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,441,319	$2,400,922	+0.0%
Expenses	$2,273,968	$2,158,757	+0.1%
Net Income	$167,351	$242,165	-0.3%

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

$123,815

Total Directors

$123,815

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL J FINN	EXECUTIVE DIRECTOR	40.00	Officer Director	$118,063	$5,752	$123,815
JAMES ATTWOOD	CHAIR	5.00	Officer Director	$0	$0	$0
ROGERS BRANDON	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KEITH CRAWFORD	TREASURER	2.00	Officer Director	$0	$0	$0
SUSAN COLE	CLERK	2.00	Officer Director	$0	$0	$0
KATHLEEN TEEHAN	DIRECTOR	2.00	Director	$0	$0	$0
BRENDA BRATHWAITE	DIRECTOR	2.00	Director	$0	$0	$0
JOHN BECK	DIRECTOR	2.00	Director	$0	$0	$0
KATIE DAWSON	DIRECTOR	2.00	Director	$0	$0	$0
DAVID EDMONDS	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT FEDONCHIK	DIRECTOR	2.00	Director	$0	$0	$0
SUE GUINEY	DIRECTOR	2.00	Director	$0	$0	$0
TRISTAN ISRAEL	DIRECTOR	2.00	Director	$0	$0	$0
URSULA KRESKEY	DIRECTOR	2.00	Director	$0	$0	$0
ZEB LANDSMAN	DIRECTOR	2.00	Director	$0	$0	$0
ERIN MORAN	DIRECTOR	2.00	Director	$0	$0	$0
LARRY PERKINS	DIRECTOR	2.00	Director	$0	$0	$0
DEBORAH RAPPAPORT	DIRECTOR	2.00	Director	$0	$0	$0
DIANN RAY	DIRECTOR	2.00	Director	$0	$0	$0
GARY ROSEN	DIRECTOR	2.00	Director	$0	$0	$0
RAHOUL ROY	DIRECTOR	2.00	Director	$0	$0	$0
OLIVIA STEELE	DIRECTOR	2.00	Director	$0	$0	$0
PETER TOLLMAN	DIRECTOR	2.00	Director	$0	$0	$0
PAT WASHINGTON	DIRECTOR	2.00	Director	$0	$0	$0
SAM FLEMING	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD ROBERTS	DIRECTOR	2.00	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
2024	$2,441,319	$2,273,968	$5,725,315	$167,351
2023	$2,400,922	$2,158,757	$5,952,705	$242,165
2022	$2,072,963	$2,015,227	$5,829,198	$57,736
2021	$2,883,787	$1,734,957	$5,681,922	$1,148,830
2020	$2,700,389	$1,353,478	$4,704,754	$1,346,911
2019	$2,341,985	$1,301,024	$2,894,479	$1,040,961
2018	$1,281,953	$1,304,103	$1,182,016	$-22,150

FRIENDS OF MVYRADIO INC