MEDIA CODING INDUSTRY FORUM INC C/O VITAL TECHNICAL MARKETING INC (EIN 832009083) - 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

2018

Legal Domicile

Principal Officer

JUSTIN RIDGE

Phone

5036190505

Tax Period

2024-01-01 to 2024-12-31

MEDIA CODING INDUSTRY FORUM INC C/O VITAL TECHNICAL MARKETING INC, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $95K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $151K exceeded revenue, resulting in a 59% operating deficit.

Mission

TO FURTHER THE ADOPTION OF MPEG STANDARDS, INITIALLY FOCUSING ON VVC (VERSATILE VIDEO CODING), BY ESTABLISHING THEM AS WELL ACCEPTED AND WIDELY USED STANDARDS FOR THE BENEFIT OF CONSUMERS AND THE INDUSTRY.

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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 $0

Program Service Revenue $95,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $95,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $151,363

TOTAL EXPENSES $151,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,000	$118,417	-0.2%
Expenses	$151,363	$107,461	+0.4%
Net Income	$-56,363	$10,956	-6.1%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN RIDGE	PRESIDENT	1.50	Officer Director	$0	$0	$0
SEAN MCCARTHY	DIRECTOR	1.50	Director	$0	$0	$0
ALAN STEIN	DIRECTOR	1.50	Director	$0	$0	$0
YI JEN CHIU	DIRECTOR	1.50	Director	$0	$0	$0
FREDRIC BONNET	DIRECTOR	1.50	Director	$0	$0	$0
PER FROJDH	DIRECTOR	1.50	Director	$0	$0	$0
AYTAC BIBER	DIRECTOR	1.50	Director	$0	$0	$0
STEPHAN WENGER	DIRECTOR	1.50	Director	$0	$0	$0
TRACI DONNELL	EXECUTIVE DI	5.00	Officer	$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
2025	No data	No data	No data	No data
2024	$95,000	$151,363	$274,197	$-56,363
2023	$118,417	$107,461	$327,380	$10,956
2022	$144,646	$73,336	$335,988	$71,310
2021	$207,938	$89,344	$278,948	$118,594
2020	$222,391	$153,753	$184,654	$68,638
2019	$181,550	$118,791	$170,710	$62,759
2018	$29,400	$92,103	$117,519	$-62,703

MEDIA CODING INDUSTRY FORUM INC C/O VITAL TECHNICAL MARKETING INC