RELIGION MEDIA COMPANY

EIN: 844296131 501(c)(3) Arts, Culture & Humanities

RIVERSIDE, CT

Total Revenue
$2,352,195
Total Expenses
$1,384,174
Total Assets
$1,518,318
Net Assets
$1,517,409
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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
2020
Legal Domicile
CT
Principal Officer
THOMAS GALLAGHER
Phone
2035613585
Tax Period
2023-01-01 to 2023-12-31

RELIGION MEDIA COMPANY, founded in 2020, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $968K, a strong 41% operating margin.

Mission

RELIGION MEDIA COMPANY IS AN INDEPENDANT, EDUCATIONAL AND SECULAR CHARITABLE NONPROFIT

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,352,195
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,352,195

Expense Breakdown

Grants Paid $191,309
Salaries & Benefits $0
Fundraising Expenses $3,544
Program Expenses $1,373,074
Other Expenses $1,192,865
TOTAL EXPENSES $1,384,174

Year-over-Year Comparison

2023 2022 Change
Revenue $2,352,195 $1,054,850 +1.2%
Expenses $1,384,174 $703,502 +1.0%
Net Income $968,021 $351,348 +1.8%
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

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS GALLAGHER PRESIDENT 40.00
$172,000 $0 $172,000
STEPHEN BRESKIN DIRECTOR 1.00
Director
$0 $0 $0
MITCHELL GRABON DIRECTOR 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 No data No data No data No data
2023 $2,352,195 $1,384,174 $1,518,318 $968,021
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