Good Food Media Network

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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

2016

Legal Domicile

Phone

3036858123

Tax Period

2021-01-01 to 2021-12-31

Good Food Media Network, founded in 2016, is a small nonprofit that reported $159K in total revenue in fiscal year 2021. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $41K, a strong 26% operating margin.

Mission

To educate and inspire eaters by cultivating a conversation and community around the people and businesses changing the food system for good.

Program Service Accomplishments

Program 1

Expenses: $84,363

GOOD FOOD 100 RESTAURANTS - ANNUAL LIST, RATINGS, AND ECONOMIC ASSESSMENT IS THE KEY PROGRAM OF THE GOOD FOOD MEDIA NETWORK, AND IS DESIGNED TO EDUCATE EATERS BY CELEBRATING CHEFS AND RESTAURANTS WHO ARE USING THEIR PURCHASING POWER TO BUILD A BETTER FOOD SYSTEM. THE ANNUAL LIST AND RATINGS WILL BE ACCOMPANIED BY AN ECONOMIC ASSESSMENT CONDUCTED IN PARTNERSHIP WITH THE BUSINESS RESEARCH DIVISION OF THE LEEDS SCHOOL OF BUSINESS UNIVERSITY OF COLORADO BOULDER. THIS ANNUAL, NATIONAL ECONOMIC ASSESSMENT AIMS TO MEASURE QUANTITATIVELY HOW PARTICIPATING RESTAURANTS ARE HELPING TO BUILD A BETTER FOOD SYSTEM THROUGH SUPPORTING STATE, REGIONAL, AND NATIONAL 'GOOD FOOD' ECONOMIES.

Program 2

Expenses: $5,000

H.U.G.S. (Hospitality United in Good Service) - is a pop-up restaurant launched on January 1, 2021, in response to the devastating impact the COVID-19 global pandemic has had on every link in the...

H.U.G.S. (Hospitality United in Good Service) - is a pop-up restaurant launched on January 1, 2021, in response to the devastating impact the COVID-19 global pandemic has had on every link in the food chain and is dedicated to helping to feed the people who feed us: farmworkers, food service, and restaurant workers. H.U.G.S. pop-up events are free, open to all farmworkers, food service, restaurant workers, or anyone in need of food and a little love. Good Food Media Network organized two events in 2021 in Colorado with the participation from over 10 restaurants.

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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 (2021)

Revenue Breakdown

Contributions & Grants $158,578

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $158,578

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $16,873

Program Expenses $89,363

Other Expenses $117,485

TOTAL EXPENSES $117,485

Year-over-Year Comparison

	2021	2020	Change
Revenue	$158,578	$220,286	-0.3%
Expenses	$117,485	$265,550	-0.6%
Net Income	$41,093	$-45,264	-1.9%

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

$81,900

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Secretary	2.0	Officer Director	$0	$0	$0
N/A	Chair	2.0	Officer Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	President	40.0	Officer	$81,900	$0	$81,900

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
2021	$158,578	$117,485	No data	$41,093
2020	$220,286	$265,550	$907	$-45,264
2019	$339,225	$308,397	$11,171	$30,828
2018	$271,621	$272,807	$1,777	$-1,186