National Lesbian & Gay Journalists… - 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

1990

Legal Domicile

Phone

2025889888

Tax Period

2023-01-01 to 2023-12-31

National Lesbian & Gay Journalists Association, founded in 1990, is a community nonprofit in the Unknown sector that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $959K left a modest 6% surplus.

Mission

WE ARE A JOURNALIST-LED ASSOCIATION WORKING WITHIN THE NEWS MEDIA TO ADVANCE FAIR AND ACCURATE COVERAGE OF LGBTQ COMMUNITIES AND ISSUES. WE PROMOTE DIVERSE AND INCLUSIVE WORKPLACES BY HOLDING THE INDUSTRY ACCOUNTABLE AND PROVIDING EDUCATION, PROFESSIONAL DEVELOPMENT AND MENTORING.

Program Service Accomplishments

Program 1

Expenses: $521,277

THE NATIONAL CONVENTION PROGRAM: THE PROGRAM ATTRACTS ATTENDEES FROM ACROSS THE UNITED STATES AND CANADA FOR THREE DAYS OF SKILLS TRAINING, PROFESSIONAL DEVELOPMENT, AND NETWORKING. THE CONVENTION...

THE NATIONAL CONVENTION PROGRAM: THE PROGRAM ATTRACTS ATTENDEES FROM ACROSS THE UNITED STATES AND CANADA FOR THREE DAYS OF SKILLS TRAINING, PROFESSIONAL DEVELOPMENT, AND NETWORKING. THE CONVENTION PROGRAM ALSO INCLUDES A CAREER AND COMMUNITY EXPO, A TRAINING PROGRAM FOR JOURNALISM STUDENTS, AND THE OFFICIAL ANNOUNCEMENT OF NEW INDUCTEES TO NLGJA'S LGBTQ JOURNALISM HALL OF FAME AND EXCELLENCE IN JOURNALISM AWARDS.

Program 2

Expenses: $190,677

CONNECT: STUDENT JOURNALISM TRAINING PROGRAM: NLGJA SUPPORTS SEVERAL KEY BENEFITS UNDER IT'S STUDENT PROGRAM. STUDENT CONNECT, WHICH BRINGS TOGETHER UP TO 12 COLLEGE-AGE STUDENTS FOR A WEEK-LONG...

CONNECT: STUDENT JOURNALISM TRAINING PROGRAM: NLGJA SUPPORTS SEVERAL KEY BENEFITS UNDER IT'S STUDENT PROGRAM. STUDENT CONNECT, WHICH BRINGS TOGETHER UP TO 12 COLLEGE-AGE STUDENTS FOR A WEEK-LONG PROFESSIONAL TRAINING.

Program 3

Expenses: $83,587

STUDENT SCHOLARSHIPS: NLGJA SUPPORTS SEVERAL SCHOLARSHIPS UNDER IT'S STUDENT PROGRAMS.

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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 $410,668

Program Service Revenue $583,337

Investment Income $28,641

Other Revenue $0

TOTAL REVENUE $1,022,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $501,378

Fundraising Expenses $110,207

Program Expenses $795,541

Other Expenses $457,546

TOTAL EXPENSES $958,924

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,022,646	$1,090,215	-0.1%
Expenses	$958,924	$965,069	0.0%
Net Income	$63,722	$125,146	-0.5%

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

100

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

$150,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adam Pawlus	Executive Dir.	50.00	Officer	$150,000	$0	$150,000
Sharif Durhams	Board Member	2.00	Director	$0	$0	$0
Jen Christensen	Vice President	20.00	Officer Director	$0	$0	$0
Rick Stuckey	Secretary	20.00	Officer Director	$0	$0	$0
Ken Miguel	President	20.00	Officer Director	$0	$0	$0
Troy Diggs	Board Member	10.00	Director	$0	$0	$0
Erik Hall	Vice President	10.00	Officer Director	$0	$0	$0
Paige McIntyre	Board Member	2.00	Director	$0	$0	$0
Bethany Howe	Board Member	10.00	Director	$0	$0	$0
Ernesto Mourelo	Board Member	2.00	Director	$0	$0	$0
Femi Redwood	Board Member	2.00	Director	$0	$0	$0
Kristina Torres	Treasurer	10.00	Officer Director	$0	$0	$0
John Sotomayor	Board Member	2.00	Director	$0	$0	$0
Jeff McMillan	Board Member	2.00	Director	$0	$0	$0
Santiago Melli-Huber	Board Member	2.00	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
2024	No data	No data	No data	No data
2023	$1,022,646	$958,924	$1,797,905	$63,722
2022	$1,090,215	$965,069	$1,490,123	$125,146
2021	$1,170,165	$650,767	$1,371,802	$519,398
2020	$761,657	$520,199	$911,576	$241,458
2019	$774,184	$735,716	$642,890	$38,468
2018	$874,655	$733,776	$602,649	$140,879

National Lesbian & Gay Journalists Association