MEDIA EMPATHY FOUNDATION

EIN: 833207447 501(c)(3) Mental Health

NEW YORK, NY

Total Revenue
$385,000
Total Expenses
$372,685
Total Assets
$109,654
Net Assets
$109,654
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DE
Principal Officer
HELENE ELLISON
Phone
9179161499
Tax Period
2023-01-01 to 2023-12-31

MEDIA EMPATHY FOUNDATION, founded in 2019, is a small nonprofit in the Mental Health sector that reported $385K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $373K left a modest 3% surplus.

Mission

MEDIA EMPATHY FOUNDATION HELPS PEOPLE WHO STRUGGLE WITH THE STIGMA OF HAVING A HEALTH CONDITION AND THEIR FAMILIES BY EDUCATING MEDIA ABOUT HARMFUL PORTRAYALS AND NARRATIVES BY CONDUCTING AND SOURCING RESEARCH TO INFORM OUR CONTENT AND ENGAGING INFLUENTIAL EXPERTS TO PROVIDE COMMENTARY AND PERSPECTIVE. MEDIA EMPATHY FOUNDATION'S MISSION IS TO REDUCE HEALTH STIGMA BY PROMOTING EMPATHY, COMPASSION AND INCLUSIVITY IN ALL FORMS OF MEDIA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $385,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $385,000

Expense Breakdown

Grants Paid $4,263
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $317,047
Other Expenses $368,422
TOTAL EXPENSES $372,685

Year-over-Year Comparison

2023 2022 Change
Revenue $385,000 $331,112 +0.2%
Expenses $372,685 $241,226 +0.5%
Net Income $12,315 $89,886 -0.9%
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

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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
10
Independent Members
10
Employees
N/A
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
6
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELENE ELLISON PRESIDENT & DIRECTOR 40.00
Officer Director
$0 $0 $0
SUSAN MAGSAMEN CHIEF KNOWLEDGE OFFICER & DIRECTOR 0.10
Officer Director
$0 $0 $0
RUSSELL H ELLISON CHIEF SCIENTIFIC OFFICER 3.00
Officer Director
$0 $0 $0
DAVID BARRETT TREASURER 0.10
Officer Director
$0 $0 $0
MAX MONAHAN- ELLISON SECRETARY 0.30
Officer Director
$0 $0 $0
BARBARA RICCI DIRECTOR 1.00
Director
$0 $0 $0
DAVID SLOAN DIRECTOR 1.00
Director
$0 $0 $0
MIKE PASEORNEK CHAIR OF THE BOARD & DIRECTOR 3.00
Officer Director
$0 $0 $0
JEFF MAHSHIE DIRECTOR 0.50
Director
$0 $0 $0
ORLANDO REECE DIRECTOR 0.25
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
2023 $385,000 $372,685 $109,654 $12,315
2022 $331,112 $241,226 $97,339 $89,886
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