FOUNDATION FOR AMERICAN CONTENT AND ENTERTAINMENT (EIN 830911708) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

David Grasso

Phone

9727685972

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR AMERICAN CONTENT AND ENTERTAINMENT, founded in 2018, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $397K, a strong 27% operating margin.

Mission

Produce bipartisan content that elevates diverse voices that are often ignored by the conventional media.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,467,055

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,467,055

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $366,249

Fundraising Expenses $41,212

Program Expenses $987,659

Other Expenses $603,834

TOTAL EXPENSES $1,070,083

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,467,055	$836,247	+0.8%
Expenses	$1,070,083	$1,287,363	-0.2%
Net Income	$396,972	$-451,116	-1.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$292,568

Total Directors

$55,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Grasso	CEO	40.00	Officer	$201,568	$0	$201,568
Phil Willard	CFO	5.00	Officer	$36,000	$0	$36,000
Scott Hantler	COO and Director	5.00	Officer Director	$55,000	$0	$55,000
Steve Hantler	Director	0.00		$0	$0	$0
Stephen Kahn	Director	5.00	Director	$0	$0	$0
Audrey Bloomberg	Director	5.00	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	No data	No data	No data	No data
2023	$1,467,055	$1,070,083	$586,626	$396,972
2022	$836,247	$1,287,363	$155,456	$-451,116
2021	$1,400,000	$807,680	$616,104	$592,320

FOUNDATION FOR AMERICAN CONTENT AND ENTERTAINMENT