Sahan Journal

EIN: 832745995 501(c)(3) Education

St Paul, MN

Total Revenue
$1,753,535
Total Expenses
$2,870,128
Total Assets
$3,031,285
Net Assets
$2,890,488
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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
MN
Principal Officer
Gokulavanan Murugesan
Phone
6125484344
Tax Period
2024-01-01 to 2024-12-31

Sahan Journal, founded in 2018, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 64% operating deficit.

Mission

Sahan Journal provides immigrants and communities of color with free, fair, and responsive journalism that shows everyone the way to a more equitable Minnesota.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,324,602
Program Service Revenue $424,725
Investment Income $0
Other Revenue $4,208
TOTAL REVENUE $1,753,535

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,246,402
Fundraising Expenses $494,212
Program Expenses $2,087,964
Other Expenses $623,726
TOTAL EXPENSES $2,870,128

Year-over-Year Comparison

2024 2023 Change
Revenue $1,753,535 $4,635,135 -0.6%
Expenses $2,870,128 $2,454,540 +0.2%
Net Income $-1,116,593 $2,180,595 -1.5%
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

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Governance

Voting Members
5
Independent Members
5
Employees
26
Volunteers
5

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
8
$839,261
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Yuen Board Chair 1.00
Officer Director
$0 $0 $0
Fred de Sam Lazaro Board member 1.00
Director
$0 $0 $0
Nusheen Ameenuddi Board member 1.00
Director
$0 $0 $0
Nancy Cassutt Ison Board member 1.00
Director
$0 $0 $0
Eva McLarty Board member 1.00
Director
$0 $0 $0
Mukhtar Ibrahim Publisher and CEO 1/1-9/3/24 40.00
Officer
$175,586 $23,398 $198,984
Gokulavanan Murugesan Executive Director 9/3/24- present 40.00
Officer
$59,808 $0 $59,808
Michael Tortorello Chief Growth Officer 40.00
Officer
$113,173 $0 $113,173
Chao Xiong Director of Editorial 40.00
Officer
$97,740 $8,186 $105,926
Sally Waterman Director of Advertising and Sponsorship 40.00
Officer
$121,899 $19,011 $140,910
Dawn Flinsch Director of Development 40.00
Officer
$91,687 $26,549 $118,236
Mayuri Utturkar Director of Operations and Finance 40.00
Officer
$91,315 $10,909 $102,224
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 $1,753,535 $2,870,128 $3,031,285 $-1,116,593
2023 $4,635,135 $2,454,540 $4,136,204 $2,180,595
2022 $2,000,497 $1,924,332 $2,005,938 $76,165
2021 $2,370,593 $1,238,458 $1,847,505 $1,132,135
2021 $2,480,106 $1,174,773 $1,969,172 $1,305,333
2020 $772,351 $608,058 $657,592 $164,293
2019 $495,374 $40,161 $458,620 $455,213
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