BELMONT NEWS FOUNDATION INC D/B/A … - Form 990 Financial Data

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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

2023

Legal Domicile

Principal Officer

VICTORIA FICI

Phone

6179960040

Tax Period

2023-01-01 to 2023-12-31

BELMONT NEWS FOUNDATION INC D/B/A BELMONT VOICE, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $396K in total revenue in fiscal year 2023. The organization ran a surplus of $358K, a strong 90% operating margin.

Mission

THE BELMONT VOICE IS DEDICATED TO PRODUCING INDEPENDENT JOURNALISM THAT CONNECTS, INFORMS, AND ENGAGES THE BELMONT COMMUNITY THROUGH THOROUGH, ACCURATE, AND FAIR COVERAGE OF LOCAL TOPICS.

Program Service Accomplishments

Program 1

Expenses: $25,148

LOCAL NEWS REPORTING

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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 $395,144

Program Service Revenue $0

Investment Income $708

Other Revenue $0

TOTAL REVENUE $395,852

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,311

Fundraising Expenses $0

Program Expenses $25,148

Other Expenses $24,359

TOTAL EXPENSES $37,670

Year-over-Year Comparison

	2023	2022	Change
Revenue	$395,852	N/A	N/A
Expenses	$37,670	N/A	N/A
Net Income	$358,182	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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT RIFKIN	CO-PRESIDENT AND DIRECTOR	24.00	Officer Director	$0	$0	$0
VICTORIA FICI	TREASURER AND DIRECTOR	20.00	Officer Director	$0	$0	$0
LUCIA ARNO-BERNSEN	CLERK AND DIRECTOR	21.00	Officer Director	$0	$0	$0
MARIYA TREISMAN	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN SULLIVAN	DIRECTOR	10.00	Director	$0	$0	$0
JANE SHERWIN	DIRECTOR	25.00	Director	$0	$0	$0
ANNE DONOHUE	DIRECTOR	10.00	Director	$0	$0	$0
SARAH CAPUTO	CO-PRESIDENT AND DIRECTOR	15.00	Officer 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	$395,852	$37,670	$363,138	$358,182

BELMONT NEWS FOUNDATION INC D/B/A BELMONT VOICE