GROWING COMMUNITY MEDIA NFP

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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

2019

Legal Domicile

Principal Officer

DANIEL HALEY

Phone

7085248300

Tax Period

2022-07-01 to 2023-06-30

GROWING COMMUNITY MEDIA NFP, founded in 2019, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2022. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 22% operating deficit.

Mission

GROWING COMMUNITY MEDIA, NFP EXISTS TO MAKE A POSITIVE IMPACT ON THE COMMUNITIES AND NEIGHBORHOODS IT SERVES BY REPORTING, WRITING, PUBLISHING, AND CONNECTING THOSE COMMUNITIES THROUGH PRINT AND ONLINE MEDIA.

Program Service Accomplishments

Program 1

Expenses: $1,704,674 Revenue: $96,430

COMMUNITY JOURNALISM:GROWING COMMUNITY MEDIA CONNECTS CITIZENS THROUGH COMMUNITY JOURNALISM ROOTED DEEP IN OUR NEIGHBORHOODS, BASED IN FACTS, AND REFLECTIVE OF VOICES NOT ALWAYS HEARD. EACH...

COMMUNITY JOURNALISM:GROWING COMMUNITY MEDIA CONNECTS CITIZENS THROUGH COMMUNITY JOURNALISM ROOTED DEEP IN OUR NEIGHBORHOODS, BASED IN FACTS, AND REFLECTIVE OF VOICES NOT ALWAYS HEARD. EACH PUBLICATION REPORTS DEEPLY FROM WITHIN ITS OWN COMMUNITY, AT A GRANULAR LEVEL UNAVAILABLE ELSEWHERE IN THE LOCAL MEDIA LANDSCAPE. DEDICATED NEWSROOM STAFF PRODUCES INSIGHTFUL HYPERLOCAL COVERAGE OF EACH OF OUR SEVEN COMMUNITIES 52 WEEKS PER YEAR.

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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 (2022)

Revenue Breakdown

Contributions & Grants $387,107

Program Service Revenue $96,430

Investment Income $200

Other Revenue $1,123,330

TOTAL REVENUE $1,607,067

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,044,781

Fundraising Expenses $61,041

Program Expenses $1,704,674

Other Expenses $908,161

TOTAL EXPENSES $1,952,942

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,607,067	$2,017,488	-0.2%
Expenses	$1,952,942	$1,768,064	+0.1%
Net Income	$-345,875	$249,424	-2.4%

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

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

$123,529

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL HALEY	CEO	40.00	Officer	$123,529	$0	$123,529
JUDY GREFFIN	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
NILE WENDORF	TREASURER	0.50	Officer Director	$0	$0	$0
DEB ABRAHAMSON	DIRECTOR	0.50	Director	$0	$0	$0
GARY COLLINS	DIRECTOR	0.50	Director	$0	$0	$0
STEVE EDWARDS	DIRECTOR	0.50	Director	$0	$0	$0
DARNELL SHIELDS	DIRECTOR	0.50	Director	$0	$0	$0
SHEILA SOLOMON	DIRECTOR	0.50	Director	$0	$0	$0
ERIC WEINHEIMER	DIRECTOR	0.50	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,607,067	$1,952,942	$1,750,105	$-345,875
2022	$2,017,488	$1,768,064	$1,377,262	$249,424
2021	$1,810,239	$1,552,590	$1,136,740	$257,649
2020	$832,625	$106,103	$1,004,934	$726,522