WABC RADIO FOUNDATION INC

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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

JOHN CATSIMATIDIS

Phone

2129565770

Tax Period

2023-09-01 to 2024-08-31

WABC RADIO FOUNDATION INC, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $220K in total revenue in fiscal year 2023. Revenue surged 156% from the prior year, signaling strong growth momentum. The organization ran a surplus of $160K, a strong 73% operating margin.

Mission

TO SUPPORT LOCAL EFFORTS THAT FOCUS ON PROVIDING NECESSITIES TO NEW YORK CITY RESIDENTS IN NEED.

Program Service Accomplishments

Program 1

Expenses: $53,745 Revenue: $0

to support local efforts that focus on providing necessities to New York City residents in need.

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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 $219,531

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $219,531

Expense Breakdown

Grants Paid $53,745

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,745

Other Expenses $6,188

TOTAL EXPENSES $59,933

Year-over-Year Comparison

	2023	2022	Change
Revenue	$219,531	$85,716	+1.6%
Expenses	$59,933	$87,326	-0.3%
Net Income	$159,598	$-1,610	-100.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Catsimatidis	PRESIDENT	0.5	Director	$0	$0	$0
Margo Catsimatidis	VICE PRESIDENT	0.5	Director	$0	$0	$0
Chad Lopez	DIRECTOR	0.5	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
2025	No data	No data	No data	No data
2024	$219,531	$59,933	$368,861	$159,598