MERIDIAN HERALD INC (EIN 582345108) - 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

1997

Legal Domicile

Principal Officer

JANE THORPE

Phone

4045254722

Tax Period

2022-01-01 to 2022-12-31

MERIDIAN HERALD INC, founded in 1997, is a small nonprofit that reported $225K in total revenue in fiscal year 2022. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $200K left a modest 11% surplus.

Mission

MERIDIAN HERALD ENGAGES MUSICAL, LITERARY AND SPIRITUAL TRADITIONS TO AFFIRM SHARED HUMANITY, ADVANCE ENDURING TRUTH, ENRICH THE PRESENT AND TRANSFORM THE FUTURE FOR INDIVIDUALS AND COMMUNITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $223,673

Program Service Revenue $924

Investment Income $0

Other Revenue $0

TOTAL REVENUE $224,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $25,086

Fundraising Expenses $2,954

Program Expenses $188,094

Other Expenses $174,950

TOTAL EXPENSES $200,036

Year-over-Year Comparison

	2022	2021	Change
Revenue	$224,597	$182,423	+0.2%
Expenses	$200,036	$131,887	+0.5%
Net Income	$24,561	$50,536	-0.5%

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

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
BARBARA ANTLEY	DIRECTOR	1.00	Director	$0	$0	$0
AARON BLOCK	DIRECTOR	1.00	Director	$0	$0	$0
CAITLIN DEAN	TREASURER	2.00	Officer Director	$0	$0	$0
SUSAN FORTE	DIRECTOR	0.00	Director	$0	$0	$0
GLENN KELLUM	DIRECTOR	1.00	Director	$0	$0	$0
TED MCMULLAN	DIRECTOR	0.00	Director	$0	$0	$0
TIMOTHY MILLER	DIRECTOR	1.00	Director	$0	$0	$0
POUL OLSON	SECRETARY	2.00	Officer Director	$0	$0	$0
F STUART GULLEY PHD	CHAIR	2.00	Officer Director	$0	$0	$0
IRIS TIEN	DIRECTOR	1.00	Director	$0	$0	$0
JANE THORPE	EXECUTIVE DI	40.00	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
2022	$224,597	$200,036	$91,938	$24,561
2019	$246,619	$257,868	$49,243	$-11,249

MERIDIAN HERALD INC