Trusting News Inc (EIN 992546373) - 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

2024

Legal Domicile

Principal Officer

Joy Mayer

Phone

5736736867

Tax Period

2024-01-01 to 2024-12-31

Trusting News Inc, founded in 2024, is a small nonprofit in the Arts, Culture & Humanities sector that reported $591K in total revenue in fiscal year 2024. The organization ran a surplus of $276K, a strong 47% operating margin.

Mission

Trusting News improves the quality of news reporting by studying trust in news and training and coaching journalists to demonstrate credibility and actively earn trust. Their work equips thousands of journalists every year to better fulfill their public service mission and leads to communities having better access to quality information.

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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 $578,194

Program Service Revenue $7,773

Investment Income $4,562

Other Revenue $0

TOTAL REVENUE $590,529

Expense Breakdown

Grants Paid $0

Salaries & Benefits $209,571

Fundraising Expenses $26,111

Program Expenses $251,134

Other Expenses $104,675

TOTAL EXPENSES $314,246

Year-over-Year Comparison

	2024	2023	Change
Revenue	$590,529	N/A	N/A
Expenses	$314,246	N/A	N/A
Net Income	$276,283	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

$105,000

Total Directors

$196,493

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joy Mayer	Secretary	40.00	Officer Director	$105,000	$0	$105,000
Reuben Stern	Chairman	1.00	Officer Director	$0	$0	$0
Richard Griffiths	Treasurer	1.00	Officer Director	$0	$0	$0
Lynn Walsh	Director	40.00	Director	$91,493	$0	$91,493
Andrew DeVigal	Director	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
2024	$590,529	$314,246	$278,444	$276,283

Trusting News Inc