Form 990 for tax year 2023
Filed by ECONOMIC HARDSHIP REPORTING PROJECT.
Totals
- Total revenue
- $1,224,191
- Total expenses
- $1,334,394
- Contributions and grants received
- $1,214,406
- Grants paid
- $0
- Program service revenue
- $2,500
- Investment income
- $7,285
- Other revenue
- $0
- Total assets, end of year
- $1,016,337
- Total liabilities, end of year
- $185,532
- Net assets or fund balances, end of year
- $830,805
- Program services expenses (Part IX)
- $884,835
- Management and general expenses
- $260,839
- Fundraising expenses
- $188,720
- Program service expenses (Part III)
- $884,835
Program services were 66.3% 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
$1,214,406
-
2a · Program service revenue: PROGRAM INCOME
total $2,500 · related or exempt $2,500
-
3 · Investment income
total $7,285 · excluded $7,285
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $266,432 · program services $162,474 · management and general $43,534 · fundraising $60,424
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $94,481 · program services $24,186 · management and general $69,805 · fundraising $490
-
8 · Pension plan contributions
total $8,134 · program services $4,275 · management and general $3,003 · fundraising $856
-
9 · Other employee benefits
total $62,770 · program services $33,389 · management and general $25,850 · fundraising $3,531
-
10 · Payroll taxes
total $27,369 · program services $14,218 · management and general $9,012 · fundraising $4,139
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $38 · management and general $38
-
11c · Fees: accounting
total $60,390 · management and general $60,390
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $560,089 · program services $475,262 · management and general $14,931 · fundraising $69,896
-
12 · Advertising and promotion
total $119,471 · program services $83,630 · fundraising $35,841
-
13 · Office expenses
total $33,808 · program services $21,927 · management and general $8,142 · fundraising $3,739
-
14 · Information technology
total $10,672 · program services $5,544 · management and general $3,514 · fundraising $1,614
-
15 · Royalties
total $0
-
16 · Occupancy
total $10,726 · program services $5,572 · management and general $3,531 · fundraising $1,623
-
17 · Travel
total $47,498 · program services $36,935 · management and general $7,239 · fundraising $3,324
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $2,575 · program services $1,338 · management and general $848 · fundraising $389
-
23 · Insurance
total $10,590 · program services $5,501 · management and general $3,488 · fundraising $1,601
-
24a · Other expenses: Other expenses
total $19,351 · program services $10,584 · management and general $7,514 · fundraising $1,253
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,049,534 · end of year $140,819
-
2 · Savings and temporary cash investments
end of year $695,080
-
3 · Pledges and grants receivable
beginning of year $15,150 · end of year $155,000
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $28,717 · end of year $11,323
-
10a · Land, buildings and equipment: cost or other basis
$11,377
-
10b · Land, buildings and equipment: accumulated depreciation
$7,864
-
10c · Land, buildings and equipment, net
beginning of year $3,602 · end of year $3,513
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $21,522 · end of year $10,602
-
17 · Accounts payable and accrued expenses
beginning of year $82,469 · end of year $101,266
-
19 · Deferred revenue
beginning of year $73,333 · end of year $73,333
-
25 · Other liabilities
beginning of year $21,715 · end of year $10,933
-
27 · Net assets without donor restrictions
beginning of year $655,084 · end of year $395,839
-
28 · Net assets with donor restrictions
beginning of year $285,924 · end of year $434,966
Mission and programs · 2023
Mission
EHRP SUPPORTS INDEPENDENT JOURNALISTS TO CREATE HIGH QUALITY STORIES ABOUT ECONOMIC INEQUITY. WE THEN PLACE THOSE STORIES IN MAINSTREAM MEDIA, MOBILIZING READERS TO FIGHT SYSTEMS PERPETUATING ECONOMIC INJUSTICE.
-
The Economic Hardship Reporting Project (EHRP) is a beacon, an outlet, and a support system for independent journalists who have been laid off or painfully underpaid. Our compelling stories illustrate the systems of power that lead to economic inequality, changing the narrative that those at the bottom are to blame for their own struggles. While layoffs and downsizing are hitting lower-income journalists and journalists of color, EHRPs grassroots approach ensures that marginalized voices are included in mainstream media outlets.In 2023, EHRP co-published more than 150 pieces appearing in outlets from The New York Times to Teen Vogue to Fast Company. These stories were re-printed or syndicated more than 200 times, reaching millions of readers, and covered a wide range of media, including print, television, radio, photography, and documentary films.October 2023 saw the publication of our anthology: Going for Broke, a collection of essays about living in economic precarity in America that are at turns compelling, unexpected, funny, human, and surprising. We also produced the second season of its accompanying podcast, hosted by long-time EHRP contributor Ray Suarez. Representative examples of our work include Will the U.A.W. Turn the Rust Belt Green (The New Yorker), Prison phone fees drive poor families into debt. Are they finally coming to an end? (Mother Jones), How air pollution and the housing crisis are connected (Grist Magazine), and The Collapse of This Texas Health Care Program Is Putting Womens Lives in Danger (The Nation).
Expenses $884,835 · Revenue $2,500
As filed on the 2023 return.
Listed in Part VII
-
Alissa Quart
Executive Dir.
- Total calculated
- $168,442
- From this org
- $125,861
- From related orgs
- $0
- Other
- $42,581
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,861
- Bonus
- not reported
- Other
- not reported
- Deferred
- $2,515
- Nontaxable benefits
- $40,066
- Filer's total
- $168,442
-
David WallisDAVID WALLIS
Managing Dirc
- Total calculated
- $127,297
- From this org
- $106,182
- From related orgs
- $0
- Other
- $21,115
- Hours/week
- 40
-
Sarah Safer
President
- Total calculated
- $0
- Hours/week
- 1
-
Bruce Morrow
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Nikhil Swaminathan
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Matthew Annenberg
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Duy Linh Tu
Director
- Total calculated
- $0
- Hours/week
- 1
-
James Ledbetter
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rimjhim Dey
Borad Member
- Total calculated
- $0
- Hours/week
- 1
-
Ted Hope thru 423
Director
- Total calculated
- $0
- Hours/week
- 1
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443199349312739
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