MEDIA AND DEMOCRACY PROJECT 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

2023

Legal Domicile

Principal Officer

JONATHAN REISS

Phone

9172700552

Tax Period

2023-07-14 to 2023-12-31

MEDIA AND DEMOCRACY PROJECT INC, founded in 2023, is a micro nonprofit in the Civil Rights & Advocacy sector that reported $35K in total revenue in fiscal year 2023. The organization ran a surplus of $7K, a strong 19% operating margin.

Mission

THE MEDIA AND DEMOCRACY PROJECT (MAD) IS A NON-PARTISAN, VOLUNTEER LED, GRASSROOTS CIVIC MEMBERSHIP ORGANIZATION FIGHTING FOR A MORE INFORMATIVE AND PRO-DEMOCRACY MEDIA THAT OPERATES IN THE PUBLIC INTEREST.

Program Service Accomplishments

Program 1

Expenses: $28,250

THE MEDIA AND DEMOCRACY PROJECT (MAD) IS A NON-PARTISAN, GRASSROOTS CIVIC ORGANIZATION FIGHTING FOR A MORE INFORMATIVE AND PRO-DEMOCRACY OPERATING IN THE PUBLIC INTEREST. MAD BELIEVES THAT A...

THE MEDIA AND DEMOCRACY PROJECT (MAD) IS A NON-PARTISAN, GRASSROOTS CIVIC ORGANIZATION FIGHTING FOR A MORE INFORMATIVE AND PRO-DEMOCRACY OPERATING IN THE PUBLIC INTEREST. MAD BELIEVES THAT A WELL-INFORMED CITIZENRY IS THE FOUNDATION OF A DEMOCRATIC SOCIETY. NEWS AND MEDIA AFFECT THE OPINIONS, VOTING DECISIONS, DEGREE OF CIVIC ENGAGEMENT, AND ULTIMATELY SHAPE THE HEALTH OF OUR GOVERNMENT AND SOCIETY. ACCORDINGLY, MAD WORKS ACTIVELY TO IMPROVE THE QUALITY OF INFORMATION AMERICANS RECEIVE FROM THEIR NEWS SOURCES. MAD BELIEVES THAT EVERYONE SHOULD SEEK OUT EXCELLENT NEWS SOURCES, READ THEM CRITICALLY, AND ENGAGE PUBLICLY TO IMPROVE THE MEDIA BY SPEAKING OUT, CONTACTING THE PRESS AND GOVERNMENT. SEE SCHEDULE O

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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 $34,964

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $34,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,250

Other Expenses $28,425

TOTAL EXPENSES $28,425

Year-over-Year Comparison

	2023	2022	Change
Revenue	$34,964	N/A	N/A
Expenses	$28,425	N/A	N/A
Net Income	$6,539	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

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
JONATHAN REISS	CHAIR & TREASURER	3.00	Officer Director	$0	$0	$0
CAROLYN BARCLIFT	SECRETARY	3.00	Officer Director	$0	$0	$0
MILO VASSALLO	EXECUTIVE DIRECTOR	10.00	Officer Director	$0	$0	$0
ELEANOR H ATKINSON	BOARD MEMBER	3.00	Director	$0	$0	$0
BRIAN HANSBURY	BOARD MEMBER	3.00	Director	$0	$0	$0
NOELLE PELLOWSKI	BOARD MEMBER	3.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$34,964	$28,425	$6,539	$6,539