JOURNALISM FOR CHANGE INC (EIN 472148160) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

MARK WHITEHOUSE

Phone

2026576383

Tax Period

2023-01-01 to 2023-12-31

JOURNALISM FOR CHANGE INC, founded in 2014, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2018. Revenue surged 115% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE TRANSPARENCY, ACCOUNTABILITY, INTEGRITY, AND OPEN AND HONEST DEBATE AND DISCUSSION, ALL WITH THE GOAL OF IMPROVING CIVIL SOCIETY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,833,384

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,833,384

Expense Breakdown

Grants Paid $1,269,490

Salaries & Benefits $458,111

Fundraising Expenses $19,649

Program Expenses $2,868,263

Other Expenses $1,254,658

TOTAL EXPENSES $2,982,259

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,833,384	$2,773,261	+0.0%
Expenses	$2,982,259	$2,651,342	+0.1%
Net Income	$-148,875	$121,919	-2.2%

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

$170,318

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAZIAR BAHARI	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL DE VILLIERS	TREASURER	2.00	Officer Director	$0	$0	$0
MEHRANGIZ KAR	BOARD MEMBER	1.00	Director	$0	$0	$0
ALI ARAB	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC NOVOTNY	BOARD MEMBER	1.00	Director	$0	$0	$0
ADRIENNE VAN HETEREN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK WHITEHOUSE	EXECUTIVE DIRECTOR	40.00	Officer	$167,318	$3,000	$170,318

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	$2,833,384	$2,982,259	$732,690	$-148,875
2022	$2,773,261	$2,651,342	$674,274	$121,919
2021	$3,913,277	$3,857,085	$491,394	$56,192
2020	$3,190,176	$3,172,133	$332,952	$18,043
2019	$2,286,472	$2,248,992	$389,195	$37,480
2019	$2,286,472	$2,248,992	$389,195	$37,480
2018	$1,716,618	$1,850,974	$296,792	$-134,356

JOURNALISM FOR CHANGE INC