ALLIANCE FOR WOMEN IN MEDIA FOUNDA… - 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

1980

Legal Domicile

Principal Officer

BECKY BROOKS

Phone

2027503664

Tax Period

2023-01-01 to 2023-12-31

ALLIANCE FOR WOMEN IN MEDIA FOUNDATION INC, founded in 1980, is a small nonprofit in the Arts, Culture & Humanities sector that reported $929K in total revenue in fiscal year 2023.

Mission

TO SUPPORT EDUCATIONAL PROGRAMS, CHARITABLE ACTIVITIES, PUBLIC SERVICE CAMPAIGNS, AND SCHOLARSHIPS TO BENEFIT THE PUBLIC, THE MEDIA, AND ALLIED FIELDS.

Program Service Accomplishments

Program 1

Expenses: $586,784 Revenue: $842,458

THE GRACIES- AWMF HONORS PROGRAMMING THAT IS CREATED FOR WOMEN, BY WOMEN AND ABOUT WOMEN ,AS WELL AS INDIVIDUALS WHO HAVE MADE EXEMPLARY CONTRIBUTIONS TO THE INDUSTRY. THE GRACIES ENCOURAGE AND HONOR THE REALISTIC AND FACETED PORTRAYAL OF WOMEN IN ENTERTAINMENT, NEWS, FEATURES AND OTHER PROGRAMS. THE GRACIES GALA BRINGS TOGETHER INDUSTRY LUMINARIES, BROADCASTING AND CABLE PROFESSIONALS, AND JOURNALISM STUDENTS WHO GATHER TO CELEBRATE THE OUTSTANDING ACHIEVEMENTS OF THEIR COLLEAGUES AND PEERS. WINNERS IN NATIONAL CATEGORIES ARE HONORED AT AN EVENING EVENT, WHILE LOCAL, STUDENT AND DIGITAL AND PUBLIC BROADCASTING WINNERS ARE HONORED AT A LUNCHEON THAT IS HELD AT A LATER DATE AFTER THE EVENING EVENT.

Program 2

Expenses: $17,500

AWMF PROVIDES SCHOLARSHIPS TO COLLEGE AND GRADUATE STUDENTS PURSUING CAREERS IN JOURNALISM, COMMUNICATIONS, FILM AND/OR THE MEDIA INDUSTRY. DURING 2022, THE FOLLOWING SCHOLARSHIP PROGRAMS WERE...

AWMF PROVIDES SCHOLARSHIPS TO COLLEGE AND GRADUATE STUDENTS PURSUING CAREERS IN JOURNALISM, COMMUNICATIONS, FILM AND/OR THE MEDIA INDUSTRY. DURING 2022, THE FOLLOWING SCHOLARSHIP PROGRAMS WERE OFFERED BY AWMF: (I) IN PARTNERSHIP WITH THE NATIONAL CABLE TELECOMMUNICATIONS ASSOCIATION (NCTA), AWMF PROVIDES A $5,000 SCHOLARSHIP TO A DESERVING FEMALE COMMUNICATIONS/MEDIA UNDERGRADUATE OR GRADUATE STUDENT. (II) AWMF ALSO PARTNERS WITH ESPN TO HELP PAVE THE WAY FOR BLACK & HISPANIC WOMEN IN THE SPORTS MEDIA INDUSTRY. TWO $5,000 EDUCATIONAL SCHOLARSHIPS ARE AWARDED TO ONE PROMISING BLACK FEMALE UNDERGRADUATE STUDENT AND ONE HISPANIC FEMALE UNDERGRADUATE STUDENT, PURSUING CAREERS IN SPORTS MEDIA.

Program 3

Expenses: $184,033

SCHOLARSHIP AND EDUCATIONAL PROGRAMS TO BENEFIT THE PUBLIC, ELECTRONIC MEDIA, ENTERTAINMENT AND ALLIED FIELDS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $51,104

Program Service Revenue $867,658

Investment Income $10,292

Other Revenue $0

TOTAL REVENUE $929,054

Expense Breakdown

Grants Paid $17,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $788,317

Other Expenses $903,338

TOTAL EXPENSES $920,838

Year-over-Year Comparison

	2023	2022	Change
Revenue	$929,054	$935,492	0.0%
Expenses	$920,838	N/A	N/A
Net Income	$8,216	$935,492	-1.0%

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

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
ANNIE HOWELL	CHAIR	4.00	Officer Director	$0	$0	$0
KATINA ARNOLD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BRENDA HETRICK	TREASURER	1.00	Officer Director	$0	$0	$0
MONICA BLOOM	TREASURER ELECT	1.00	Officer Director	$0	$0	$0
HEATHER COHEN	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
TIM CLARKE	DIRECTOR	1.00	Director	$0	$0	$0
VICKI LINS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MCVAY	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH PARENTI	DIRECTOR	1.00	Director	$0	$0	$0
JOSIE THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE TRAVAGLINI	DIRECTOR	1.00	Director	$0	$0	$0
BECKY BROOKS	PRESIDENT/EX-OFFICIO	30.00	Officer	$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	No data	No data	No data	No data
2023	$929,054	$920,838	$1,019,960	$8,216
2022	$935,492	$878,797	$1,065,181	$56,695
2021	$727,778	$571,712	$967,553	$156,066
2020	$602,446	$505,649	$798,961	$96,797
2019	$872,580	$695,314	$630,749	$177,266
2018	$847,510	$699,380	$561,224	$148,130

ALLIANCE FOR WOMEN IN MEDIA FOUNDATION INC