SOUTHERN NEWSPAPER PUBLISHERS ASSOCIATION FOUNDATION INC

EIN: 586066932 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$903,672
Total Expenses
$382,246
Total Assets
$10,789,529
Net Assets
$10,775,540
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
GA
Principal Officer
EDWARD VANHORN
Phone
4042560444
Tax Period
2019-01-01 to 2019-12-31

SOUTHERN NEWSPAPER PUBLISHERS ASSOCIATION FOUNDATION INC, founded in 1967, is a small nonprofit in the Arts, Culture & Humanities sector that reported $904K in total revenue in fiscal year 2019. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $521K, a strong 58% operating margin.

Mission

TO EDUCATE NEWSPAPER EMPLOYEES, PROMOTE LITERACY AND DIVERSITY, ENDORSE JOURNALISTIC ETHICS, CHAMPION FIRST AMENDMENT VALUES AND ENCOURAGE NEW IDEAS TO MEET THE CHANGING NEEDS OF THE INDUSTRY.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $255,858
Program Service Revenue $1,743
Investment Income $646,071
Other Revenue $0
TOTAL REVENUE $903,672

Expense Breakdown

Grants Paid $0
Salaries & Benefits $234,461
Fundraising Expenses $0
Program Expenses $177,911
Other Expenses $147,785
TOTAL EXPENSES $382,246

Year-over-Year Comparison

2019 2018 Change
Revenue $903,672 $406,545 +1.2%
Expenses $382,246 $399,171 0.0%
Net Income $521,426 $7,374 +69.7%
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

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Governance

Voting Members
8
Independent Members
8
Employees
4
Volunteers
8

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
3
$217,638
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS A SILVESTRI CHAIR 2.00
Officer Director
$0 $0 $0
CHARLES HILL MORRIS JR TREASURER 2.00
Officer Director
$0 $0 $0
DAVID DUNN-RANKIN TRUSTEE 1.00
Director
$0 $0 $0
LES HIGH TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM O NUTTING TRUSTEE 1.00
Director
$0 $0 $0
CHRIS REEN TRUSTEE 1.00
Director
$0 $0 $0
PAUL TASH TRUSTEE 1.00
Director
$0 $0 $0
DAVID WORONOFF TRUSTEE 1.00
Director
$0 $0 $0
EDWARD VANHORN EXECUTIVE DIRECTOR 20.00
Officer
$0 $8,638 $217,638
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
2019 $903,672 $382,246 $10,789,529 $521,426
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