VIRGINIA CENTER FOR PUBLIC PRESS

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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

2005

Legal Domicile

Principal Officer

BRIDE BAKER

Phone

8046229747

Tax Period

2024-07-01 to 2025-06-30

VIRGINIA CENTER FOR PUBLIC PRESS, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $191K in total revenue in fiscal year 2024. Revenue surged 96% from the prior year, signaling strong growth momentum. Expenses of $165K left a modest 14% surplus.

Mission

VCPP OPERATES WRIR 97.3 LPFM, A COMMUNITY LOW POWER FM RADIO STATION SERVING CITIZENS OF THE CITY OF RICHMOND, VIRGINIA, AND SURROUNDING COUNTIES. THE STATION COVERS A LISTENING AREA OF APPROXIMATELY 5-7 MILES. WRIR BROADCASTS NEWS, VIEWS AND MUSIC THAT WOULD OTHERWISE BE UNREPRESENTED ON PUBLIC AIRWAVES. THE PROGRAMMING SCHEDULE COVERS SEVEN DAYS A WEEK, 24 HOURS A DAY, WITH VERY FEW EXCEPTIONS. NEWS AND TALK PROGRAMMING IS BROADCAST MONDAY THROUGH FRIDAY 8AM TO 1PM. MUSIC PROGRAMMING IS BROADCAST DURING THE REST OF THE BROADCAST WEEK.

Program Service Accomplishments

Program 1

Expenses: $118,203

WRIR-LP 97.3 FM IS A TRUE COMMUNITY RADIO STATION. WRIR IS A NONPROFIT, LOCALLY OWNED, POWERED BY VOLUNTEERS AND DRIVEN BY THE CONVICTION THAT ALL VOICES DESERVE TO BE HEARD. WRIR AIRS...

WRIR-LP 97.3 FM IS A TRUE COMMUNITY RADIO STATION. WRIR IS A NONPROFIT, LOCALLY OWNED, POWERED BY VOLUNTEERS AND DRIVEN BY THE CONVICTION THAT ALL VOICES DESERVE TO BE HEARD. WRIR AIRS UNDERREPRESENTED MUSIC, NEWS AND VIEWS IN ORDER TO PROVIDE A PLATFORM FOR CULTURAL DIVERSITY IN RICHMOND, VIRGINIA. WRIR-LP 97.3 FM IS MANAGED ENTIRELY BY VOLUNTEERS. TWENTY-FOUR HOURS A DAY, EVERY DAY OF THE YEAR, A WRIR VOLUNTEER IS AT THE STATION PRODUCING THE LIVE RADIO PROGRAM YOU HEAR ON AIR. WRIR-LP 97.3 FM WELCOMES THE AREA'S NON-PROFITS, ARTISTS, NEWSMAKERS AND COMMUNITY SERVICES AS GUESTS ON OUR SHOWS. EVERY DAY A WRIR-PRODUCED PROGRAM FEATURES A LOCAL VOICE OR ARTIST. WHEN PEOPLE LISTEN TO WRIR-LP FROM AROUND THE WORLD, THEY ARE LEARNING ABOUT RICHMOND'S PEOPLE, ARTS AND CULTURE. NEARLY ALL OF WRIR'S PROGRAMS ARE PRODUCED IN OUR STUDIO.

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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 $182,763

Program Service Revenue $0

Investment Income $52

Other Revenue $8,191

TOTAL REVENUE $191,006

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $19,739

Program Expenses $118,203

Other Expenses $164,612

TOTAL EXPENSES $164,612

Year-over-Year Comparison

	2024	2023	Change
Revenue	$191,006	$97,487	+1.0%
Expenses	$164,612	$149,915	+0.1%
Net Income	$26,394	$-52,428	-1.5%

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

150

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
MELISSA VAUGHN	PRESIDENT (LEFT 06/30/25)	40.00	Officer Director	$0	$0	$0
BRIDE BAKER	PRESIDENT (BEGAN 06/30/25)	40.00	Officer Director	$0	$0	$0
BRADLEY STABLER	VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
CHRIS WERNER	TREASURER (LEFT 08/31/24)	3.00	Officer Director	$0	$0	$0
BO BROWN	TREASURER (BEGAN 01/31/25)	3.00	Officer Director	$0	$0	$0
MAURA GARMAN	SECRETARY	5.00	Officer Director	$0	$0	$0
RIAN MOSES-HEDRICK	DIRECTOR	3.00	Director	$0	$0	$0
DOUG NUNNALLY	DIRECTOR	3.00	Director	$0	$0	$0
ERIC STEIGLEDER	DIRECTOR	3.00	Director	$0	$0	$0
CHANELLE VIGUE	DIRECTOR	3.00	Director	$0	$0	$0
THOMAS BROWNELL	DIRECTOR	3.00	Director	$0	$0	$0
INGA SCHUNN	DIRECTOR	3.00	Director	$0	$0	$0
MIRANDA JARONESKI	DIRECTOR	3.00	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
2025	$191,006	$164,612	$786,281	$26,394
2024	$97,487	$149,915	$768,992	$-52,428
2023	$107,908	$141,695	$836,044	$-33,787
2022	$130,884	$107,230	$559,900	$23,654
2021	$140,016	$96,840	$536,885	$43,176
2020	$118,830	$116,301	$494,050	$2,529
2019	$146,251	$138,029	$492,806	$8,222