PRESS ON SOUTH INC (EIN 843775642) - 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

TINA VASQUEZ

Phone

6155438825

Tax Period

2024-01-01 to 2024-12-31

PRESS ON SOUTH INC, founded in 2019, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 516% from the prior year, signaling strong growth momentum. The organization ran a surplus of $518K, a strong 43% operating margin.

Mission

PRESS ON IS A SOUTHERN MEDIA COLLECTIVE THAT CATALYZES CHANGE THROUGH MOVEMENT 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 $1,180,400

Program Service Revenue $0

Investment Income $9,084

Other Revenue $550

TOTAL REVENUE $1,190,034

Expense Breakdown

Grants Paid $113,500

Salaries & Benefits $394,439

Fundraising Expenses $44,632

Program Expenses $475,564

Other Expenses $164,481

TOTAL EXPENSES $672,420

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,190,034	$193,033	+5.2%
Expenses	$672,420	$765,597	-0.1%
Net Income	$517,614	$-572,564	-1.9%

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

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
RUMBA YAMBU	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA ARMSTRONG	BOARD MEMBER	1.00	Director	$0	$0	$0
TINA VASQUEZ	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
HANNAH HASAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ANITA VARMA	BOARD MEMBER	1.00	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	$1,190,034	$672,420	$1,141,014	$517,614
2023	$193,033	$765,597	$618,270	$-572,564
2022	$621,947	$622,019	$1,190,056	$-72
2021	$1,409,947	$221,026	$1,209,124	$1,188,921
2021	$1,409,947	$221,026	$1,209,124	$1,188,921

PRESS ON SOUTH INC