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Nonprofiteer
← FUND FOR INVESTIGATIVE JOURNALISM INC

Form 990 for tax year 2023

Filed by FUND FOR INVESTIGATIVE JOURNALISM INC.

Totals

Total revenue
$837,462
Total expenses
$841,619
Contributions and grants received
$790,752
Grants paid
$514,577
Program service revenue
$0
Investment income
$46,710
Other revenue
$0
Total assets, end of year
$1,731,023
Total liabilities, end of year
$22,820
Net assets or fund balances, end of year
$1,708,203
Program services expenses (Part IX)
$731,958
Management and general expenses
$60,753
Fundraising expenses
$48,908
Program service expenses (Part III)
$731,958

Program services were 87.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $790,752

  • 3 · Investment income

    total $46,710 · excluded $46,710

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $272,799 · program services $272,799

  • 2 · Grants to domestic individuals

    total $199,308 · program services $199,308

  • 3 · Grants to foreign organizations and individuals

    total $42,470 · program services $42,470

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $146,720 · program services $115,640 · management and general $6,188 · fundraising $24,892

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $35,586 · program services $28,459 · management and general $1,095 · fundraising $6,032

  • 8 · Pension plan contributions

    total $1,372 · program services $939 · management and general $198 · fundraising $235

  • 9 · Other employee benefits

    total $9,379 · program services $6,421 · management and general $1,353 · fundraising $1,605

  • 10 · Payroll taxes

    total $13,299 · program services $9,104 · management and general $1,920 · fundraising $2,275

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $29,545 · management and general $29,545

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $8,250 · fundraising $8,250

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $8,975 · program services $5,400 · management and general $3,350 · fundraising $225

  • 12 · Advertising and promotion

    total $60 · management and general $60

  • 13 · Office expenses

    total $8,718 · program services $4,224 · management and general $3,303 · fundraising $1,191

  • 14 · Information technology

    total $13,247 · program services $10,008 · management and general $1,491 · fundraising $1,748

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $13,204 · program services $9,025 · management and general $1,924 · fundraising $2,255

  • 17 · Travel

    total $23,254 · program services $16,231 · management and general $7,023

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $3,765 · program services $1,627 · management and general $2,138

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $45 · program services $31 · management and general $7 · fundraising $7

  • 23 · Insurance

    total $2,123 · program services $772 · management and general $1,158 · fundraising $193

  • 24a · Other expenses: MENTORS

    total $9,500 · program services $9,500

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $990,730 · end of year $176,834

  • 2 · Savings and temporary cash investments

    beginning of year $39,903 · end of year $49,027

  • 3 · Pledges and grants receivable

    beginning of year $299,445 · end of year $114,643

  • 4 · Accounts receivable

    beginning of year $5,787 · end of year $148

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,909 · end of year $2,148

  • 10a · Land, buildings and equipment: cost or other basis

    $2,405

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,405

  • 10c · Land, buildings and equipment, net

    beginning of year $45

  • 11 · Investments: publicly traded securities

    beginning of year $526,726 · end of year $1,387,473

  • 15 · Other assets

    beginning of year $750 · end of year $750

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,727 · end of year $22,820

  • 18 · Grants payable

    beginning of year $207,310

  • 27 · Net assets without donor restrictions

    beginning of year $1,081,904 · end of year $1,582,926

  • 28 · Net assets with donor restrictions

    beginning of year $566,354 · end of year $125,277

Mission and programs · 2023

Mission

THE ORGANIZATION PROVIDES CRITICAL SUPPORT TO INDEPENDENT JOURNALISTS TO INVESTIGATE NEWS STORIES REGARDING CORRUPTION, MALFEASANCE, EXPLOITATION, MISAPPROPRIATION OF FUNDS IN THE PUBLIC AND PRIVATE SECTORS.

  • FOUNDED IN 1969, THE FUND FOR INVESTIGATIVE JOURNALISM, INC. THE ORGANIZATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES GRANTS AND OTHER SUPPORT TO INDEPENDENT JOURNALISTS AND NEWS ORGANIZATIONS TO PRODUCE HIGH-QUALITY, UNBIASED, NONPARTISAN INVESTIGATIVE STORIES THAT HAVE AN IMPACT. THE ORGANIZATIONS MAIN SOURCE OF REVENUE ARE CONTRIBUTIONS AND GRANTS.

    Expenses $731,958 · Grants $514,577

As filed on the 2023 return.

Listed in Part VII

  • Eric Ferrero

    SECRETARY/EXECUTIVE DIRECTOR

    Total calculated
    $146,720
    From this org
    $132,000
    From related orgs
    $0
    Other
    $14,720
    Hours/week
    40

  • Bill Marimow

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Anu Narayanswamy

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Alan Berlow

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Daffodil Altan

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Valeria Fernandez

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dianna Hunt

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Lottie Joiner

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Jennifer Lafleur

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Amy Pyle

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Joe Stephens

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Jim Steele

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Ellen Weiss

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403199349303005

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