NATIONAL ASSOCIATION OF STATE RADIO NETWORKS INC (EIN 721032895) - 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

1986

Legal Domicile

Principal Officer

STEVE CLENDENIN

Phone

2143630844

Tax Period

2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF STATE RADIO NETWORKS INC, founded in 1986, is a small nonprofit that reported $467K in total revenue in fiscal year 2024. Revenue surged 104% from the prior year, signaling strong growth momentum.

Mission

PROMOTE STATE RADIO NETWORKS 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $467,013

Investment Income $20

Other Revenue $0

TOTAL REVENUE $467,033

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $450,285

Other Expenses $480,090

TOTAL EXPENSES $480,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$467,033	$228,529	+1.0%
Expenses	$480,090	$569,185	-0.2%
Net Income	$-13,057	$-340,656	-1.0%

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

N/A

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
JOHN BAKER	PAST PRESIDE	N/A	Officer Director	$0	$0	$0
STEVE CLENDENIN	PRESIDENT	N/A	Officer Director	$0	$0	$0
BETH DYESS-BALLARD	BOARD MEMBER	N/A	Director	$0	$0	$0
JIM ENGSTER	BOARD MEMBER	N/A	Director	$0	$0	$0
BRUCE FENIGER	PRESIDENT-EL	N/A	Officer Director	$0	$0	$0
ANDREA KAHRER	BOARD MEMBER	N/A	Director	$0	$0	$0
COURTNEY KIBBLEWHITE	TREASURER	N/A	Officer Director	$0	$0	$0
LANCE KNUDSON	SECRATERY	N/A	Officer Director	$0	$0	$0
SCOTT SILER	BOARD MEMBER	N/A	Director	$0	$0	$0
JEFF WORTHINGTON	BOARD MEMBER	N/A	Director	$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
2024	$467,033	$480,090	$121,489	$-13,057
2023	$228,529	$569,185	$134,546	$-340,656
2022	$674,956	$554,668	$475,202	$120,288
2021	$763,135	$528,228	$354,914	$234,907
2020	$532,114	$438,398	$120,007	$93,716
2019	$469,310	$515,647	$26,291	$-46,337
2018	$387,438	$465,313	$72,628	$-77,875

NATIONAL ASSOCIATION OF STATE RADIO NETWORKS INC