Journalism Funding Partners (EIN 842968843) - 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

Rusty Coats

Phone

8132778959

Tax Period

2024-01-01 to 2024-12-31

Journalism Funding Partners, founded in 2019, is a community nonprofit in the Employment sector that reported $5.7M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $922K, a strong 16% operating margin.

Mission

Increase the depth and diversity of local journalism by building and stewarding connections between funds and reporting, serving as a bridge and a leader in the growing realm of philanthropy - supported journalism.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,186,368

Program Service Revenue $465,695

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,652,063

Expense Breakdown

Grants Paid $4,012,757

Salaries & Benefits $280,840

Fundraising Expenses $117,789

Program Expenses $4,458,356

Other Expenses $436,338

TOTAL EXPENSES $4,729,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,652,063	$3,240,808	+0.7%
Expenses	$4,729,935	$3,318,441	+0.4%
Net Income	$922,128	$-77,633	-12.9%

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

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

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

$151,538

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rusty Coats	Executive Dir.	40.00	Officer	$151,538	$0	$151,538
Orage Quarles	Board Chair	1.00	Officer Director	$0	$0	$0
Sheila Solomon	Vice Chair	2.00	Officer Director	$0	$0	$0
James Boren	Secretary	2.00	Officer Director	$0	$0	$0
George McCanless	Treasurer	2.00	Officer Director	$0	$0	$0
Ashley Kissinger	Director	0.00	Director	$0	$0	$0
James Goodmon	Director	0.00	Director	$0	$0	$0
Teri Arvesu	Director	0.00	Director	$0	$0	$0
Sharif Durhams	Director	0.00	Director	$0	$0	$0
Anders Gyllenhaal	Director	0.00	Director	$0	$0	$0
Christopher Turpin	Director	0.00	Director	$0	$0	$0
Mizell Stewart	Director	0.00	Director	$0	$0	$0
Misty Avila	Director	0.00	Director	$0	$0	$0
Jennifer Conklin	Director	0.00	Director	$0	$0	$0
Andy Pergam	Director	0.00	Director	$0	$0	$0
Dalton Walker	Director	0.00	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	$5,652,063	$4,729,935	$1,861,865	$922,128
2023	$3,240,808	$3,318,441	$1,603,847	$-77,633
2022	$2,799,980	$2,248,977	$1,216,328	$551,003
2021	$1,450,620	$1,001,550	$640,025	$449,070
2020	$352,503	$211,323	$145,955	$141,180

Journalism Funding Partners