Christian Chronicle Inc

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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

1943

Legal Domicile

Phone

4054255000

Tax Period

2024-06-01 to 2025-05-31

Christian Chronicle Inc, founded in 1943, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.7M left a modest 4% surplus.

Mission

THE CHRISTIAN CHRONICLE IS PUBLISHED AND GOVERNED BY CHRISTIAN CHRONICLE, INC., AN OKLAHOMA NONPROFIT SINCE 1981 OPERATING ON THE CAMPUS OF OKLAHOMA CHRISTIAN UNIVERSITY AND GOVERNED BY OKLAHOMA CHRISTIAN UNIVERSITY. (SEE SCHEDULE O FOR CONTINUED MISSION)

Program Service Accomplishments

Program 1

Expenses: $1,233,557 Revenue: $447,702

EXPENSES INCURRED FOR THE PUBLISHING OF A MONTHLY RELIGIOUS NEWSPAPER, THE CHRISTIAN CHRONICLE.

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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 $1,169,488

Program Service Revenue $447,702

Investment Income $203,221

Other Revenue $55

TOTAL REVENUE $1,820,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $607,803

Fundraising Expenses $199,980

Program Expenses $1,233,557

Other Expenses $937,879

TOTAL EXPENSES $1,745,662

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,820,466	$1,622,958	+0.1%
Expenses	$1,745,662	$1,594,041	+0.1%
Net Income	$74,804	$28,917	+1.6%

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

$99,804

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Duncan	Vice Chairman	1.0	Officer Director	$0	$0	$0
David Seat	Secretary	1.0	Officer Director	$0	$0	$0
Don Millican	Treasurer	1.0	Officer Director	$0	$0	$0
Mark Brewer	Chairman	1.0	Officer Director	$0	$0	$0
Alfred Branch	Board Member	1.0	Director	$0	$0	$0
Lana Reynolds	Board Member	1.0	Director	$0	$0	$0
Lynn Mitchell	Board Member	1.0	Director	$0	$0	$0
Marc Compton	Board Member	1.0	Director	$0	$0	$0
Michelle Tucker	Board Member	1.0	Director	$0	$0	$0
Erik T Tryggestad	CEO and President	40.0	Officer	$94,128	$5,676	$99,804

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	$1,235,487	$983,002	$3,855,442	$252,485
2025	$1,820,466	$1,745,662	$3,574,189	$74,804
2024	$1,622,958	$1,594,041	$3,346,155	$28,917
2023	$1,678,739	$1,423,940	$2,881,379	$254,799
2022	$1,601,870	$1,343,007	$2,658,499	$258,863
2021	$1,588,632	$1,271,680	$2,738,834	$316,952
2020	$1,297,343	$1,220,718	$2,045,077	$76,625
2019	$1,249,159	$1,199,365	$1,854,517	$49,794