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← TRADEOFFS

Form 990 for tax year 2024

Filed by TRADEOFFS.

Totals

Total revenue
$1,350,962
Total expenses
$1,436,229
Contributions and grants received
$1,271,242
Grants paid
$0
Program service revenue
$40,139
Investment income
$11,308
Other revenue
$28,273
Total assets, end of year
$994,084
Total liabilities, end of year
$81,375
Net assets or fund balances, end of year
$912,709
Program services expenses (Part IX)
$1,039,492
Management and general expenses
$311,958
Fundraising expenses
$84,779
Program service expenses (Part III)
$1,039,492

Program services were 72.4% 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

    $1,271,242

  • 2a · Program service revenue: CONTRACT REVENUE

    total $40,139 · related or exempt $40,139

  • 3 · Investment income

    total $11,308 · excluded $11,308

  • 5 · Royalties

    total $27,223 · excluded $27,223

  • 11d · All other revenue

    total $1,050 · excluded $1,050

  • 11e · Other revenue, total

    $1,050

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $330,310 · program services $163,217 · management and general $102,404 · fundraising $64,689

  • 7 · Other salaries and wages

    total $540,162 · program services $474,715 · management and general $61,952 · fundraising $3,495

  • 9 · Other employee benefits

    total $31,174 · program services $29,639 · fundraising $1,535

  • 10 · Payroll taxes

    total $76,868 · program services $57,619 · management and general $13,329 · fundraising $5,920

  • 11c · Fees: accounting

    total $49,147 · management and general $49,147

  • 11g · Fees: other

    total $213,373 · program services $187,018 · management and general $24,856 · fundraising $1,499

  • 12 · Advertising and promotion

    total $88,076 · program services $68,431 · management and general $18,928 · fundraising $717

  • 13 · Office expenses

    total $12,810 · program services $6,821 · management and general $5,969 · fundraising $20

  • 14 · Information technology

    total $12,926 · program services $2,868 · management and general $10,058

  • 17 · Travel

    total $65,976 · program services $46,425 · management and general $12,647 · fundraising $6,904

  • 22 · Depreciation, depletion and amortization

    total $2,739 · program services $2,739

  • 23 · Insurance

    total $12,668 · management and general $12,668

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $140,116 · end of year $248,677

  • 2 · Savings and temporary cash investments

    beginning of year $757,799 · end of year $579,107

  • 3 · Pledges and grants receivable

    beginning of year $106,560 · end of year $49,773

  • 4 · Accounts receivable

    end of year $103,554

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,876 · end of year $12,973

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

    $8,218

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

    $8,218

  • 10c · Land, buildings and equipment, net

    beginning of year $2,739 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,114 · end of year $31,375

  • 19 · Deferred revenue

    end of year $50,000

  • 27 · Net assets without donor restrictions

    beginning of year $411,037 · end of year $661,281

  • 28 · Net assets with donor restrictions

    beginning of year $586,939 · end of year $251,428

Mission and programs · 2024

Mission

TRADEOFFS' MISSION IS TO HELP AMERICA HAVE SMARTER, MORE HONEST HEALTH POLICY CONVERSATIONS. THROUGH OUR PODCAST, IN-DEPTH ARTICLES AND LIVE EVENTS, WE EXPLORE THE TOUGHEST CHOICES IN HEALTH CARE.(CONTINUED ON SCHEDULE O) WE DIVE INTO ISSUES LIKE THE COST OF CARE, HEALTH EQUITY, INSURANCE, MENTAL HEALTH AND ARTIFICIAL INTELLIGENCE. WE CONNECT POLICY TO PRACTICE, UNCOVERING THE DATA AND PERSONAL STORIES THAT HELP AUDIENCES UNDERSTAND THE STAKES - AND THE POTENTIAL SOLUTIONS.

Activities or mission (Part I)

A NONPROFIT NEWSROOM HELPING AMERICA HAVE SMARTER, MORE HONEST HEALTH POLICY CONVERSATIONS.

  • TRADEOFFS' PODCAST, ARTICLES, NEWSLETTER AND EVENTS REACH MORE THAN 170,000 PEOPLE EACH MONTH, INFLUENCING POLICYMAKERS, EDUCATORS, JOURNALISTS AND THE PUBLIC ALIKE. IN 2024, OUR WORK CONTINUED TO ELEVATE THE NATIONAL DISCOURSE AROUND HEALTH POLICY. OUR MODEL OF ACCESSIBLE REPORTING THAT PAIRS DATA AND EVIDENCE WITH THE STORIES OF REAL PEOPLE DEEPLY RESONATED WITH OUR AUDIENCE. IN OUR 2024 AUDIENCE SURVEY, 96% OF RESPONDENTS REPORTED THEY USE TRADEOFFS TO INFORM THEIR THINKING ABOUT HEALTH CARE. OUR WORK WAS WIDELY CONSUMED AND SHARED BY MANY OF THE NATION'S TOP HEALTH POLICY LEADERS. WE HAD A 51% INCREASE IN PODCASTING LISTENING AND OUR NEWSLETTER HAD HIGHER-THAN-INDUSTRY AVERAGES IN OPEN AND CLICK THROUGH RATES, SHOWCASING THE VALUE DERIVED FROM OUR WORK. (CONTINUED ON SCHEDULE O)OUR PODCAST AND WRITTEN STORIES WERE REPUBLISHED NEARLY 100 TIMES IN 2024, REACHING MILLIONS OF READERS AND LISTENERS VIA PARTNERSHIPS WITH OTHER MEDIA ORGANIZATIONS. OUR WORK EARNED NATIONAL ACCOLADES, INCLUDING A NATIONAL EDWARD R. MURROW AWARD, A FIRST-PLACE NATIONAL HEADLINER AWARD, AND THREE AWARDS FOR EXCELLENCE IN HEALTH CARE JOURNALISM FROM THE ASSOCIATION OF HEALTH CARE JOURNALISTS (AHCJ) FOR 2024 COVERAGE OF HEALTH POLICY ISSUES.

    Expenses $1,039,492 · Revenue $40,139

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Stuart Kantor

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • John Sawyer

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Graham Griffith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Melora Simon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Andrew Abramowitz

    SECRETARY (TERM END 3/24)

    Total calculated
    $0
    Hours/week
    1

  • Jessica Silverman

    EXECUTIVE DIRECTOR

    Total calculated
    $165,155
    From this org
    $158,654
    From related orgs
    $0
    Other
    $6,501
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,654
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $6,501
    Filer's total
    $165,155

  • Daniel Gorenstein

    FOUNDER, EXECUTIVE EDITOR

    Total calculated
    $165,155
    From this org
    $158,654
    From related orgs
    $0
    Other
    $6,501
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,654
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $6,501
    Filer's total
    $165,155

  • Leslie Walker

    SENIOR PRODUCER

    Total calculated
    $122,681
    From this org
    $113,166
    From related orgs
    $0
    Other
    $9,515
    Hours/week
    40

  • Ryan Levi

    REPORTER

    Total calculated
    $110,860
    From this org
    $106,322
    From related orgs
    $0
    Other
    $4,538
    Hours/week
    40

  • Kathryn Dugal

    AUDIENCE ENGAGEMENT HEAD

    Total calculated
    $116,155
    From this org
    $110,000
    From related orgs
    $0
    Other
    $6,155
    Hours/week
    40

  • Alexandra Olgin

    REPORTER/PRODUCER

    Total calculated
    $107,333
    From this org
    $102,209
    From related orgs
    $0
    Other
    $5,124
    Hours/week
    40

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 · 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
2024
Filed
10 November 2025
IRS schema version
2024v5.2
Source object
202543169349303679

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