THE NATHAN B STUBBLEFIELD FOUNDATI… - 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

1978

Legal Domicile

Principal Officer

RANDI ZIMMERMAN

Phone

8138658252

Tax Period

2024-10-01 to 2025-09-30

THE NATHAN B STUBBLEFIELD FOUNDATION INC, founded in 1978, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

WMNF IS A NON-COMMERICAL, LISTENER SUPPORTED COMMUNITY RADIO STATION THAT PROVIDES A PLATFORM FOR DIVERSE VOICES COMMITTED TO A MORE JUST, PEACEFUL, AND SUSTAINABLE WORLD.

Program Service Accomplishments

Program 1

Expenses: $711,461 Revenue: $0

PRODUCTION AND ACQUISITION OF RADIO PROGRAMS FOR COMMUNITY RADIO - APPROXIMATELY 1000 HOURS PER YEAR.

Program 2

Expenses: $284,703 Revenue: $0

BROADCASTING RADIO PROGRAMS AND COMMUNITY NON-COMMERCIAL PROGRAMMING 24 HOURS A DAY.

Program 3

Expenses: $212,893 Revenue: $194,996

PRODUCTION OF CULTURAL EVENTS THAT BRING ARTISTS AND SPEAKERS THAT HAVE BEEN BROADCAST IN THE STATION'S PROGRAMS.

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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 $1,722,598

Program Service Revenue $181,917

Investment Income $37,172

Other Revenue $13,079

TOTAL REVENUE $1,954,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $991,976

Fundraising Expenses $142,730

Program Expenses $1,239,382

Other Expenses $1,070,080

TOTAL EXPENSES $2,062,056

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,954,766	$1,744,821	+0.1%
Expenses	$2,062,056	$2,103,592	0.0%
Net Income	$-107,290	$-358,771	-0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

270

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

$103,197

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISHA DEL VALLE	PRESIDENT	5.00	Officer Director	$0	$0	$0
AUSTIN CRAVEN	FIRST VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
EMMY LOU FUCHS	SECOND VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
WILLIAM DOBBINS	TREASURER	5.00	Officer Director	$0	$0	$0
GRANT HART	SECRETARY	5.00	Officer Director	$0	$0	$0
STEVE MACISSAC	DIRECTOR	5.00	Director	$0	$0	$0
LETTY VALDES	DIRECTOR	5.00	Director	$0	$0	$0
JENNIFER MEKSRAITIS	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT LANDIS	DIRECTOR	5.00	Director	$0	$0	$0
SCOTT ELLIOTT	DIRECTOR	5.00	Director	$0	$0	$0
GEOFF GUTGOLD	DIRECTOR	5.00	Director	$0	$0	$0
JENNIFER CAMPBELL	DIRECTOR	5.00	Director	$0	$0	$0
LIAM WRIGHT	DIRECTOR	5.00	Director	$0	$0	$0
JAY QUIGLEY	DIRECTOR	5.00	Director	$0	$0	$0
JEMINY PIERCE	DIRECTOR	5.00	Director	$0	$0	$0
RANDI M ZIMMERMAN	GENERAL MANAGER	40.00	Officer	$92,914	$10,283	$103,197

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	$1,954,766	$2,062,056	$3,100,432	$-107,290
2024	$1,744,821	$2,103,592	$3,246,153	$-358,771
2023	$2,127,377	$1,906,532	$3,738,420	$220,845
2022	$1,603,558	$1,587,177	$3,129,590	$16,381
2021	$1,814,730	$1,605,015	$3,174,142	$209,715
2020	$1,642,337	$1,692,707	$3,070,321	$-50,370
2019	$2,065,573	$1,807,031	$2,960,971	$258,542
2018	$1,828,690	$1,753,082	$2,965,002	$75,608

THE NATHAN B STUBBLEFIELD FOUNDATION INC