THE PROGRAMMING SERVICE FOR PUBLIC TELEVISION INC (EIN 562395538) - 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

2003

Legal Domicile

Principal Officer

BABETTE DAVIDSON

Phone

8137392950

Tax Period

2023-10-01 to 2024-09-30

THE PROGRAMMING SERVICE FOR PUBLIC TELEVISION INC, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2023.

Mission

PROGRAMMING SERVICES FOR PUBLIC TELEVISION STATIONS.

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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 $0

Program Service Revenue $2,375,918

Investment Income $45,216

Other Revenue $0

TOTAL REVENUE $2,421,134

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,238,943

Fundraising Expenses $0

Program Expenses $2,136,444

Other Expenses $229,839

TOTAL EXPENSES $2,468,782

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,421,134	$2,357,666	+0.0%
Expenses	$2,468,782	$2,384,296	+0.0%
Net Income	$-47,648	$-26,630	+0.8%

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

N/A

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

$437,031

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BABETTE DAVIDSON	CEO, CO-PRES	40.00	Officer	$224,213	$7,400	$231,613
JUSTIN HARVEY	COO, CO-PRES	40.00	Officer	$182,910	$6,000	$188,910
JONATHON A ADLER	CFO, VICE- P	4.00	Officer	$16,508	$0	$16,508

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	$2,421,134	$2,468,782	$1,237,262	$-47,648
2023	$2,357,666	$2,384,296	$1,275,492	$-26,630
2022	$2,117,688	$1,994,066	$1,286,604	$123,622
2021	$1,988,903	$1,813,508	$1,212,503	$175,395
2020	$1,739,289	$1,715,878	$1,013,697	$23,411
2019	$1,516,557	$1,479,229	$960,186	$37,328
2018	$1,491,851	$1,428,999	$963,470	$62,852

THE PROGRAMMING SERVICE FOR PUBLIC TELEVISION INC