THE TRAVELING PRESS FUND INC (EIN 842726336) - 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

2019

Legal Domicile

Principal Officer

ALEXANDER R BERGER

Phone

7276230934

Tax Period

2023-01-01 to 2023-12-31

THE TRAVELING PRESS FUND INC, founded in 2019, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.7M in total revenue in fiscal year 2023. Expenses of $8.1M exceeded revenue, resulting in a 119% operating deficit.

Mission

THE TRAVELING PRESS FUND INC. (THE ORGANIZATION") IS AN INDEPENDENT, NON-PROFIT CORPORATION THAT PROVIDES GRANTS TO NEWSROOMS AND FREELANCE JOURNALISTS TO PRODUCE INVESTIGATIVE AND ON-LOCATION JOURNALISM, WHICH SEEKS TO EDUCATE THE PUBLIC AND ADVANCE THE PUBLIC INTEREST. THE ORGANIZATION IS NON-PARTISAN AND, IN THE BEST TRADITIONS OF AMERICAN JOURNALISM, SEEKS TO ENCOURAGE AND ENABLE JOURNALISTS TO BE THE EYES AND EARS FOR THEIR READERS AND HOLD THE POWERFUL ACCOUNTABLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,695,574

Program Service Revenue $0

Investment Income $11,521

Other Revenue $6,420

TOTAL REVENUE $3,713,515

Expense Breakdown

Grants Paid $4,187,625

Salaries & Benefits $0

Fundraising Expenses $3,290

Program Expenses $4,204,799

Other Expenses $3,946,849

TOTAL EXPENSES $8,134,474

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,713,515	$3,901,635	0.0%
Expenses	$8,134,474	$3,046,571	+1.7%
Net Income	$-4,420,959	$855,064	-6.2%

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
ALEXANDER R BERGER	DIRECTOR/PRESIDENT	3.00	Officer Director	$0	$0	$0
GARY L GINSBERG	DIRECTOR/TREASURER	1.00	Officer Director	$0	$0	$0
JESSE M FRIED	DIRECTOR/SECRETARY	1.00	Officer 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	$3,713,515	$8,134,474	$1,316,959	$-4,420,959
2022	$3,901,635	$3,046,571	$5,736,155	$855,064
2021	$2,719,949	$1,889,348	$4,958,687	$830,601
2020	$5,399,112	$1,355,141	$4,060,456	$4,043,971
2019	$417,500	$427,235	$4,314	$-9,735

THE TRAVELING PRESS FUND INC