NEVADA BROADCASTERS ASSOCIATION (EIN 880231252) - 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

1994

Legal Domicile

Principal Officer

MITCH FOX

Phone

7027944994

Tax Period

2024-01-01 to 2024-12-31

NEVADA BROADCASTERS ASSOCIATION, founded in 1994, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PRESERVE AND PROMOTE THE TELEVISION AND RADIO INDUSTRY THROUGHOUT THE STATE OF NEVADA.

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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 $159,944

Program Service Revenue $1,167,745

Investment Income $26,209

Other Revenue $2,625

TOTAL REVENUE $1,356,523

Expense Breakdown

Grants Paid $227,000

Salaries & Benefits $662,470

Fundraising Expenses $0

Other Expenses $801,027

TOTAL EXPENSES $1,690,497

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,356,523	$2,234,236	-0.4%
Expenses	$1,690,497	$2,425,890	-0.3%
Net Income	$-333,974	$-191,654	+0.7%

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

$501,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MITCH FOX	PRESIDENT &	38.00	Officer	$260,528	$24,832	$285,360
ERIC BONNICI	VP & ED FOUN	30.00	Officer	$193,625	$22,815	$216,440
LARRY STRUMWASSER	CHAIR EXEC C	0.25	Officer Director	$0	$0	$0
AMIE CHAPMAN	EXECUTIVE CO	0.50	Officer Director	$0	$0	$0
TRICIA GALLENBECK	EXECUTIVE CO	0.25	Officer Director	$0	$0	$0
MICHAEL KORR	EXECUTIVE CO	0.25	Officer Director	$0	$0	$0
NATALIE MARSH	EXECUTIVE CO	0.25	Officer Director	$0	$0	$0
TONY BONNICI	EXECUTIVE CO	0.25	Officer Director	$0	$0	$0
JEFF KIERNAN	EXECUTIVE CO	0.25	Officer Director	$0	$0	$0
KARA BROWN	DIRECTOR	0.08	Director	$0	$0	$0
JOHN FIORELLI	DIRECTOR	0.08	Director	$0	$0	$0
JAY HOWELL	DIRECTOR	0.08	Director	$0	$0	$0
CRAIG KNIGHT	DIRECTOR	0.08	Director	$0	$0	$0
GINA MASSENZI	DIRECTOR	0.08	Director	$0	$0	$0
MARE MAZUR	DIRECTOR	0.08	Director	$0	$0	$0
KURT MISCHE	DIRECTOR	0.08	Director	$0	$0	$0
ANDREW PERINI	DIRECTOR	0.08	Director	$0	$0	$0
ASTHON RIDLEY	DIRECTOR	0.08	Director	$0	$0	$0
VERNON VAN WINKLE	DIRECTOR	0.08	Director	$0	$0	$0
MICHAEL CUTCHALL	DIRECTOR	0.08	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	$1,356,523	$1,690,497	$4,283,148	$-333,974
2023	$2,234,236	$2,425,890	$4,513,767	$-191,654
2022	$3,318,003	$2,541,367	$5,444,204	$776,636
2021	$2,013,994	$1,590,026	$3,926,007	$423,968
2020	$1,928,039	$1,325,037	$3,638,271	$603,002
2019	$1,901,514	$1,365,880	$2,532,380	$535,634
2018	$1,451,452	$931,573	$1,833,693	$519,879

NEVADA BROADCASTERS ASSOCIATION