COMMUNITY NEWS FOUNDATION (EIN 833525020) - 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

2019

Legal Domicile

Principal Officer

RAKESH DONTHINENI

Phone

2024224999

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY NEWS FOUNDATION, founded in 2019, is a community nonprofit in the Public & Societal Benefit sector that reported $6.0M in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum.

Mission

TO RESTORE COMMUNITY-BASED JOURNALISM, INCLUDING THROUGH GRANTS, AS WELL AS DEVELOPMENT OF DIGITAL PLATFORMS.

🔒

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 $6,036,100

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,036,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,000

Fundraising Expenses $0

Program Expenses $6,005,165

Other Expenses $6,008,123

TOTAL EXPENSES $6,038,123

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,036,100	$3,572,768	+0.7%
Expenses	$6,038,123	$3,597,758	+0.7%
Net Income	$-2,023	$-24,990	-0.9%

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

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

$30,000

Total Directors

$30,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE APPEL	EXECUTIVE DIRECTOR/SECRETARY	3.00	Officer Director	$30,000	$0	$30,000
VICTOR CHEN	DIRECTOR	3.00	Director	$0	$0	$0
RAKESH DONTHINENI	PRESIDENT	3.00	Officer Director	$0	$0	$0
BRENT SOUTHWELL	DIRECTOR	3.00	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	$6,036,100	$6,038,123	$306,892	$-2,023
2022	$3,572,768	$3,597,758	$308,915	$-24,990
2021	$1,765,390	$1,455,300	$333,905	$310,090
2020	$2,690,221	$2,790,564	$23,815	$-100,343
2019	$407,500	$283,342	$124,158	$124,158

COMMUNITY NEWS FOUNDATION