LOUDOUN COMMUNITY MEDIA

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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

2021

Legal Domicile

Principal Officer

TONY NERANTZIS

Phone

7037709723

Tax Period

2024-01-01 to 2024-12-31

LOUDOUN COMMUNITY MEDIA, founded in 2021, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $968K left a modest 15% surplus.

Mission

TO CREATE AND DISTRIBUTE A PUBLICATION COMMITTED TO KEEPING READERS INFORMED, ENGAGED AND CONNECTED TO THE ISSUES THAT MATTER MOST TO THEM.

Program Service Accomplishments

Program 1

Expenses: $844,871 Revenue: $759,556

PUBLISHING THE LOUDOUN NOW NEWSPAPER MAILED EACH WEEK TO HOMES IN LEESBURG, ASHBURN, AND WESTERN LOUDOUN COUNTY AND DISTRIBUTED FOR PICKUP THROUGHOUT LOUDOUN COUNTY AS WELL AS PROVIDING DAILY NEWS...

PUBLISHING THE LOUDOUN NOW NEWSPAPER MAILED EACH WEEK TO HOMES IN LEESBURG, ASHBURN, AND WESTERN LOUDOUN COUNTY AND DISTRIBUTED FOR PICKUP THROUGHOUT LOUDOUN COUNTY AS WELL AS PROVIDING DAILY NEWS COVERAGE ONLINE AT LOUDOUNNOW.COM AND THROUGH THE LOUDOUN NOW MOBILE APP.

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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 $375,558

Program Service Revenue $759,556

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,135,114

Expense Breakdown

Grants Paid $0

Salaries & Benefits $359,044

Fundraising Expenses $31,602

Program Expenses $844,871

Other Expenses $609,404

TOTAL EXPENSES $968,448

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,135,114	N/A	N/A
Expenses	$968,448	N/A	N/A
Net Income	$166,666	N/A	N/A

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

$119,981

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY NERANTZIS	CHAIRMAN	5.00	Officer Director	$0	$0	$0
BRYAN TURNER	VICE CHAIRMA	5.00	Officer Director	$0	$0	$0
JAMES FARVER	TREASURER	5.00	Officer Director	$0	$0	$0
JOHN KIMBALL	SECRETARY	3.00	Officer Director	$0	$0	$0
JOE T MAY	CHAIRMAN EME	1.00	Director	$0	$0	$0
DONALD ASHBAUGH	DIRECTOR	1.00	Director	$0	$0	$0
ELAINE ATTRIDGE	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
DANIELLE NADLER	DIRECTOR	1.00	Director	$0	$0	$0
AMY OWEN	DIRECTOR	1.00	Director	$0	$0	$0
KURT ASCHERMANN	EXECUTIVE DI	40.00	Officer	$36,538	$0	$36,538
NORMAN K STYER	EDITOR AND P	40.00	Officer	$83,443	$0	$83,443

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	$1,135,114	$968,448	$196,321	$166,666