VirtueMedia Inc (EIN 860966587) - 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

1999

Legal Domicile

Principal Officer

Thomas Peterson

Phone

7705595533

Tax Period

2023-01-01 to 2023-12-31

VirtueMedia Inc, founded in 1999, is a small nonprofit in the Human Services sector that reported $108K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $143K exceeded revenue, resulting in a 33% operating deficit.

Mission

Produce and air educational TV ads that promote the sanctity of all human life.

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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 (2023)

Revenue Breakdown

Contributions & Grants $95,707

Program Service Revenue $0

Investment Income $12,038

Other Revenue $0

TOTAL REVENUE $107,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,109

Fundraising Expenses $9,132

Program Expenses $112,679

Other Expenses $95,264

TOTAL EXPENSES $143,373

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,745	$127,469	-0.2%
Expenses	$143,373	$356,329	-0.6%
Net Income	$-35,628	$-228,860	-0.8%

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

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

$182,713

Total Directors

$182,713

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Peterson	President & Founder	17.00	Officer Director	$24,879	$58,318	$182,713
Tricia Peterson	Vice President	1.00	Officer Director	$0	$0	$0
Karl Kimmich	Secretary & Treasurer	1.00	Officer Director	$0	$0	$0
Robert Trussell Jr	Chairman	2.00	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	$107,745	$143,373	$840,188	$-35,628
2022	$127,469	$356,329	$863,746	$-228,860
2021	$142,687	$77,206	$1,131,871	$65,481
2020	$149,663	$263,683	$1,092,269	$-114,020
2019	$184,845	$277,368	$1,201,881	$-92,523
2018	$178,080	$303,306	$1,269,553	$-125,226

VirtueMedia Inc