TCN Inc DBA The Charlotte News (EIN 854018256) - Form 990 Financial Analysis & Trantor Score

🔒

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

8024254949

Tax Period

2024-01-01 to 2024-12-31

TCN Inc DBA The Charlotte News, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $207K in total revenue in fiscal year 2024. Expenses of $190K left a modest 8% surplus.

Mission

The mission of the Charlotte News is to engage and inform Charlotte and nearby communities by publishing rigorous, in-depth reporting on town affairs, providing a home for stories from our neighbors and friends, and reporting on how other towns have addressed challenges similar to our own.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $144,572

Program Service Revenue $61,941

Investment Income $623

Other Revenue $0

TOTAL REVENUE $207,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $103,536

Fundraising Expenses $13,758

Program Expenses $176,606

Other Expenses $77,733

TOTAL EXPENSES $190,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$207,136	N/A	N/A
Expenses	$190,364	N/A	N/A
Net Income	$16,772	N/A	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Quinney	Director	1.00	Director	$0	$0	$0
Margery McCracken	Treasurer	1.00	Officer Director	$0	$0	$0
Meredith Moses	Secretary	1.00	Officer Director	$0	$0	$0
William Regan	President	1.00	Officer Director	$0	$0	$0
Peter Joslin	Director	1.00	Director	$0	$0	$0
David Speidel	Director	1.00	Director	$0	$0	$0
Julia Russell	Director	1.00	Director	$0	$0	$0
Andrew Zehner	Director	1.00	Director	$0	$0	$0
Claudia Marshall thru 32024	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	$207,136	$190,364	$116,086	$16,772

TCN Inc DBA The Charlotte News