MAGNOLIA TRIBUNE INSTITUTE (EIN 920605404) - 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

2022

Legal Domicile

Principal Officer

RUSSELL LATINO

Phone

6018992694

Tax Period

2024-07-01 to 2025-06-30

MAGNOLIA TRIBUNE INSTITUTE, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $699K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $643K left a modest 8% surplus.

Mission

THE INSTITUTE IS A NON-PROFIT NEWSROOM DEDICATED TO THE MISSION OF EDUCATING THE PUBLIC ON ISSUES THAT MATTER THE MOST TO THEIR LIVES, CONDUCTING IN-DEPTH INVESTIGATIVE REPORTING, AND TRAINING THE NEXT GENERATION OF JOURNALISTS. AS PART OF THIS MISSION, MAGNOLIA TRIBUNE INSTITUE WILL MAKE ANY CONTENT PRODUCED BY IT FREE TO THE GENERAL PUBLIC AND WILL ALLOW ANY OTHER NEWS OUTLET TO REPRODUCE THE CONTENT WITH ATTRIBUTION AT NO COST.

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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 $696,702

Program Service Revenue $0

Investment Income $2,663

Other Revenue $0

TOTAL REVENUE $699,365

Expense Breakdown

Grants Paid $0

Salaries & Benefits $359,245

Fundraising Expenses $105,533

Program Expenses $471,668

Other Expenses $283,714

TOTAL EXPENSES $642,959

Year-over-Year Comparison

	2024	2023	Change
Revenue	$699,365	$951,699	-0.3%
Expenses	$642,959	$747,179	-0.1%
Net Income	$56,406	$204,520	-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

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

$166,957

Total Directors

$166,957

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSSELL LATINO	CEO/SECRETARY	40.00	Officer Director	$166,957	$0	$166,957
SPENCER RITCHIE	CHAIRMAN	1.00	Officer Director	$0	$0	$0
LUCIEN SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
SPENCE FLATGARD	BOARD MEMBER	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
2025	$699,365	$642,959	$594,046	$56,406
2024	$951,699	$747,179	$537,640	$204,520
2023	$686,601	$353,482	$333,119	$333,119

MAGNOLIA TRIBUNE INSTITUTE