GOLDEN VALLEY COMMUNITY BROADCASTE… - 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

1985

Legal Domicile

Principal Officer

GRANT PARKS

Phone

5308950706

Tax Period

2023-07-01 to 2024-06-30

GOLDEN VALLEY COMMUNITY BROADCASTERS, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $494K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

IT IS THE MISSION OF KZFR TO ENLIGHTEN, ENTERTAIN, INFORM AND EDUCATE OUR LISTENERS IN SUPPORT OF COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $256,440 Revenue: $125,736

TRAINED MEMBERS OF THE COMMUNITY IN BEST BROADCASTING PRACTICES AND THE USE OF THE RADIO MEDIUM. PROVIDED ALTERNATIVE NEWS AND INFORMATION. PROMOTED THE EXPRESSION OF IDEAS WITHOUT CLOSE CREATIVE...

TRAINED MEMBERS OF THE COMMUNITY IN BEST BROADCASTING PRACTICES AND THE USE OF THE RADIO MEDIUM. PROVIDED ALTERNATIVE NEWS AND INFORMATION. PROMOTED THE EXPRESSION OF IDEAS WITHOUT CLOSE CREATIVE CONTROL OR COMMERCIAL CONSIDERATION. MAINTAINED AN ORGANIZATION THAT REFLECTS THE DIVERSITY OF INTERESTS IN THE STATION'S BROADCAST AREA. DEVELOPED WORKING RELATIONSHIPS WITH OTHER COMMUNITY ORGANIZATIONS. CULTIVATED A RESPECTFUL AND COLLABORATIVE WORKING ENVIRONMENT. DEVELOPED ADEQUATE FINANCIAL SUPPORT FROM THE LISTENERS WE SERVE.

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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 $345,093

Program Service Revenue $125,736

Investment Income $23,087

Other Revenue $40

TOTAL REVENUE $493,956

Expense Breakdown

Grants Paid $3,750

Salaries & Benefits $206,898

Fundraising Expenses $73,257

Program Expenses $256,440

Other Expenses $297,259

TOTAL EXPENSES $507,907

Year-over-Year Comparison

	2023	2022	Change
Revenue	$493,956	$545,504	-0.1%
Expenses	$507,907	$461,624	+0.1%
Net Income	$-13,951	$83,880	-1.2%

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

102

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

$69,123

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRANT PARKS	GENERAL MANA	40.00	Officer	$62,003	$7,120	$69,123
KARL ORY	CHAIR	1.00	Officer Director	$0	$0	$0
LAURA LUKES	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL MCGINNIS	TREASURER	0.75	Officer Director	$0	$0	$0
JEANNIE TRIZZINO	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL BLACKWOOD	DIRECTOR	0.75	Director	$0	$0	$0
MARY TRIBBEY	DIRECTOR	1.25	Director	$0	$0	$0
KIM WEIR	DIRECTOR	0.75	Director	$0	$0	$0
JULIE KENNEDY	DIRECTOR	0.75	Director	$0	$0	$0
MARK GREY	DIRECTOR	0.50	Director	$0	$0	$0
ERIC JOHNSON	DIRECTOR	0.75	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	$493,956	$507,907	$942,908	$-13,951
2023	$545,504	$461,624	$911,673	$83,880
2022	$391,199	$292,538	$764,869	$98,661
2021	$638,682	$380,842	$660,362	$257,840
2020	$455,154	$320,869	$402,119	$134,285
2019	$373,269	$315,966	$230,406	$57,303
2018	$331,117	$308,648	$185,677	$22,469

GOLDEN VALLEY COMMUNITY BROADCASTERS