SOMERSET EDUC BROADCASTING FDTN INC (EIN 611065004) - 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

1996

Legal Domicile

Principal Officer

DAVID CARR

Tax Period

2025-01-01 to 2025-12-31

SOMERSET EDUC BROADCASTING FDTN INC, founded in 1996, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

PROVIDE RELIGIOUS BROADCASTING TO A 27-COUNTY SERVICE AREA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,073,257

Program Service Revenue $0

Investment Income $3,119

Other Revenue $0

TOTAL REVENUE $1,076,376

Expense Breakdown

Grants Paid $0

Salaries & Benefits $145,821

Fundraising Expenses $0

Program Expenses $515,107

Other Expenses $967,268

TOTAL EXPENSES $1,113,089

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,076,376	$981,829	+0.1%
Expenses	$1,113,089	$959,813	+0.2%
Net Income	$-36,713	$22,016	-2.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID CARR	DIRECTOR	40.00	Officer Director	$0	$0	$0
MYRA G CARR	TRUSTEE	40.00	Director	$0	$0	$0
CAROLYN JONES	ASSISTANT	40.00	Key Emp	$0	$0	$0
MARY REYNOLDS	ASSISTANT	30.00	Key Emp	$0	$0	$0
CINDY REYNOLDS	ASSISTANT	10.00	Key Emp	$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	$1,076,376	$1,113,089	$479,253	$-36,713
2024	No data	No data	No data	No data
2023	$957,236	$1,020,054	$493,950	$-62,818
2022	$918,538	$929,149	$562,912	$-10,611
2021	$930,877	$766,991	$575,210	$163,886
2021	$930,877	$799,100	$575,210	$131,777
2020	$766,941	$699,876	$511,016	$67,065
2019	$611,293	$576,610	$451,881	$34,683
2018	$652,043	$637,131	$450,385	$14,912
2017	$641,855	$648,530	$491,444	$-6,675

SOMERSET EDUC BROADCASTING FDTN INC