IMPROVE THE NEWS FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Phone

7813338813

Tax Period

2023-01-01 to 2023-12-31

IMPROVE THE NEWS FOUNDATION, founded in 2020, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.9M in total revenue in fiscal year 2023. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 38% operating margin.

Mission

EMPOWER PEOPLE TO RISE ABOVE CONTROVERSIES AND UNDERSTAND THE WORLD IN A NUANCED WAY.

Program Service Accomplishments

Program 1

Expenses: $3,291,018 Revenue: $0

OUR WEBSITE COMPARES ARTICLES FROM ACROSS THE POLITICAL SPECTRUM ON ANY GIVEN NEWS STORY SEPARATING FACTS THAT ALL ARTICLES AGREE ON FROM NARRATIVES WHERE ARTICLES DISAGREE TO ALLOW BUSY READERS TO...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,945,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,945,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,291,018

Other Expenses $3,684,885

TOTAL EXPENSES $3,684,885

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,945,500	$2,950,000	+1.0%
Expenses	$3,684,885	$3,547,484	+0.0%
Net Income	$2,260,615	$-597,484	-4.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAX TEGMARK	PRESIDENT AND TREASURER	2.00	Officer	$0	$0	$0
N/A	SECRETARY	1.00	Officer	$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	$5,945,500	$3,684,885	$3,351,952	$2,260,615
2022	$2,950,000	$3,547,484	$1,036,508	$-597,484
2021	$3,250,200	$1,795,273	$1,770,638	$1,454,927