NEWS REVENUE HUB INC (EIN 821553008) - 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

2017

Legal Domicile

Principal Officer

MARY WALTER-BROWN

Phone

6195357597

Tax Period

2024-01-01 to 2024-12-31

NEWS REVENUE HUB INC, founded in 2017, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.4M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $5.0M exceeded revenue, resulting in a 46% operating deficit.

Mission

THE NEWS REVENUE HUB AIMS TO FORTIFY THE PUBLIC'S ACCESS TO QUALITY JOURNALISM BY HELPING NEWS ORGANIZATIONS BUILD SUSTAINABILITY.

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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 $577,485

Program Service Revenue $2,799,734

Investment Income $63,544

Other Revenue $0

TOTAL REVENUE $3,440,763

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,330,550

Fundraising Expenses $342,538

Program Expenses $3,956,604

Other Expenses $1,680,925

TOTAL EXPENSES $5,011,475

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,440,763	$3,901,118	-0.1%
Expenses	$5,011,475	$4,187,265	+0.2%
Net Income	$-1,570,712	$-286,147	+4.5%

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

$630,421

Total Directors

$318,893

Key Employees

$794,085

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC POERSCHKE	PRESIDENT	5.00	Officer Director	$0	$0	$0
MARY WALTER-BROWN	DIRECTOR/CEO	40.00	Officer Director	$273,198	$45,695	$318,893
COREY FAYMAN	DIRECTOR	5.00	Director	$0	$0	$0
SISI WEI	DIRECTOR	5.00	Director	$0	$0	$0
NICCO MELE	DIRECTOR	5.00	Director	$0	$0	$0
STEPH YIU	DIRECTOR	5.00	Director	$0	$0	$0
JOHN JAKOVICH	DIRECTOR	5.00	Director	$0	$0	$0
SARAH BISHOP WOODS	TREASURER/CHIEF STRATEGY OFFICER	40.00	Officer	$153,966	$34,727	$188,693
ANNE MARIE GRISANTI	SECRETARY & DIRECTOR OF OP	40.00	Officer	$92,587	$30,248	$122,835
DANIEL CRAIGMILE	CHIEF TECHNOLOGY OFFICER	40.00	Key Emp	$220,748	$22,579	$243,327
EVAN MACKINDER	VP OF BUSINESS DEVELOPMENT	40.00	Key Emp	$179,850	$20,774	$200,624
GRAHAM WATSON-RINGO	VP OF SUCCESS AND GROWTH	40.00	Key Emp	$162,825	$20,050	$182,875
CHRISTOPHER KLIMAS	LEAD ENGINEER	40.00	Key Emp	$156,660	$10,599	$167,259
ABBEY GINGRAS	SENIOR DIRECTOR OF CONSULT	40.00	Highest	$145,575	$18,679	$164,254

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	No data	No data	No data	No data
2024	$3,440,763	$5,011,475	$2,900,779	$-1,570,712
2023	$3,901,118	$4,187,265	$4,369,445	$-286,147
2022	$5,677,087	$4,063,952	$4,508,417	$1,613,135
2021	$3,194,670	$3,032,227	$2,998,798	$162,443
2020	$2,624,111	$1,766,051	$2,566,027	$858,060
2019	$1,875,562	$1,273,239	$1,690,079	$602,323
2018	$1,910,646	$889,068	$1,089,101	$1,021,578

NEWS REVENUE HUB INC