CAROLE KNEELAND PROJECT FOR RESPON… - 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

2000

Legal Domicile

Principal Officer

SHANNON HAMMEL

Phone

8173075259

Tax Period

2024-01-01 to 2024-12-31

CAROLE KNEELAND PROJECT FOR RESPONSIBLE TV JOURNALISM, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $156K in total revenue in fiscal year 2024. Expenses of $151K left a modest 4% surplus.

Mission

TO EDUCATE & TRAIN TELEVISION JOURNALISTS FOR LEADERSHIP POSITIONS IN NEWSROOM MANAGEMENT AND TO CONDUCT PROFESSIONAL-DEVELOPMENT PROGRAMS THAT INCLUDE THE HIGHEST ETHICAL VALUES & STANDARDS.

Program Service Accomplishments

Program 1

Expenses: $118,731

DEVELOP CONFERENCES AND TOOLS TO EDUCATE AND TRAIN TELEVISION JOURNALISTS TO FOSTER THE HIGHEST ETHICAL VALUES AND STANDARDS OF JOURNALISTIC EXCELLENCE. CREATE PROFESSIONAL EDUCATION RESOURCES FOR...

DEVELOP CONFERENCES AND TOOLS TO EDUCATE AND TRAIN TELEVISION JOURNALISTS TO FOSTER THE HIGHEST ETHICAL VALUES AND STANDARDS OF JOURNALISTIC EXCELLENCE. CREATE PROFESSIONAL EDUCATION RESOURCES FOR LOCAL TELEVISION JOURNALISTS IN MULTIPLE FORMS, INCLUDING TRAINING VIDEOS, INTERNSHIPS AND SCHOLARSHIPS.

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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 $125,900

Program Service Revenue $0

Investment Income $30,502

Other Revenue $0

TOTAL REVENUE $156,402

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,000

Fundraising Expenses $12,000

Program Expenses $118,731

Other Expenses $132,843

TOTAL EXPENSES $150,843

Year-over-Year Comparison

	2024	2023	Change
Revenue	$156,402	$149,007	+0.0%
Expenses	$150,843	$163,449	-0.1%
Net Income	$5,559	$-14,442	-1.4%

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

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

$72,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL FABAC	PRESIDENT	2.00	Officer Director	$0	$0	$0
RASHIDA JONES	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL SCHNEIDER	TREASURER	2.00	Officer Director	$0	$0	$0
DAVE MCNEELY	SECRETARY	2.00	Officer Director	$0	$0	$0
JOAN BARRETT	DIRECTOR	2.00	Director	$0	$0	$0
JILL GEISLER	DIRECTOR	2.00	Director	$0	$0	$0
ANITA HELT	DIRECTOR	2.00	Director	$0	$0	$0
ROSS RAMSEY	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT YANEZ	DIRECTOR	2.00	Director	$0	$0	$0
SANDY BRELAND	DIRECTOR	2.00	Director	$0	$0	$0
ANZIO WILLIAMS	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
SHANNON HAMMEL	EXECUTIVE DIRECTOR	2.00	Director	$72,100	$0	$72,100
AKILI FRANKLIN	DIRECTOR	2.00	Director	$0	$0	$0
ADRIENNE ROARK	DIRECTOR	2.00	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	$156,402	$150,843	$890,264	$5,559
2023	$149,007	$163,449	$826,910	$-14,442
2022	$154,644	$158,104	$769,915	$-3,460
2021	$101,219	$89,543	$889,479	$11,676
2020	$220,565	$160,068	$822,117	$60,497
2019	$307,523	$161,901	$711,592	$145,622
2018	$250,768	$154,145	$530,491	$96,623

CAROLE KNEELAND PROJECT FOR RESPONSIBLE TV JOURNALISM