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Nonprofiteer
← TRUSTING NEWS INC

Form 990 for tax year 2025

Filed by TRUSTING NEWS INC.

Totals

Total revenue
$659,176
Total expenses
$630,779
Contributions and grants received
$550,516
Grants paid
$0
Program service revenue
$97,991
Investment income
$10,669
Other revenue
$0
Total assets, end of year
$312,943
Total liabilities, end of year
$8,263
Net assets or fund balances, end of year
$304,680
Program services expenses (Part IX)
$511,453
Management and general expenses
$67,578
Fundraising expenses
$51,748
Program service expenses (Part III)
$511,453

Program services were 81.1% 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

    $550,516

  • 2a · Program service revenue: Training/misc

    total $97,991 · related or exempt $97,991

  • 3 · Investment income

    total $10,669 · excluded $10,669

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $343,012 · program services $278,740 · management and general $16,225 · fundraising $48,047

  • 7 · Other salaries and wages

    total $96,000 · program services $94,080 · management and general $960 · fundraising $960

  • 8 · Pension plan contributions

    total $1,872 · program services $1,872

  • 9 · Other employee benefits

    total $11,112 · program services $11,112

  • 10 · Payroll taxes

    total $21,285 · program services $17,489 · management and general $1,055 · fundraising $2,741

  • 11b · Fees: legal

    total $29,254 · management and general $29,254

  • 11c · Fees: accounting

    total $3,719 · management and general $3,719

  • 11g · Fees: other

    total $48,520 · program services $46,395 · management and general $2,125

  • 12 · Advertising and promotion

    total $1,741 · program services $1,741

  • 13 · Office expenses

    total $8,543 · program services $604 · management and general $7,939

  • 17 · Travel

    total $29,420 · program services $29,420

  • 23 · Insurance

    total $2,995 · management and general $2,995

  • 24a · Other expenses: Stipends

    total $30,000 · program services $30,000

  • 24b · Other expenses: Furniture and Equipment

    total $1,500 · management and general $1,500

  • 24c · Other expenses: Payroll Processing Fees

    total $1,300 · management and general $1,300

  • 24d · Other expenses: Gifts

    total $289 · management and general $289

  • 24e · All other expenses

    total $217 · management and general $217

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $38,882 · end of year $13,596

  • 2 · Savings and temporary cash investments

    beginning of year $239,562 · end of year $290,231

  • 9 · Prepaid expenses and deferred charges

    end of year $9,116

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,161 · end of year $8,263

  • 27 · Net assets without donor restrictions

    beginning of year $276,283 · end of year $304,680

Mission and programs · 2025

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.

  • 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.

    Expenses $511,453 · Revenue $97,991

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Andrew DeVigal

    Chairman

    Total calculated
    $0
    Hours/week
    1
  • David Grant

    Director

    Total calculated
    $0
    Hours/week
    1
  • Ellen Russ

    Director

    Total calculated
    $0
    Hours/week
    1
  • Joy Mayer

    Secretary

    Total calculated
    $187,318
    From this org
    $182,400
    From related orgs
    $0
    Other
    $4,918
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,400
    Bonus
    $0
    Other
    $0
    Deferred
    $4,918
    Nontaxable benefits
    $0
    Filer's total
    $187,318
  • Kristen Muller

    Director

    Total calculated
    $0
    Hours/week
    1
  • Lynn Walsh

    Director

    Total calculated
    $155,694
    From this org
    $155,694
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,694
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $155,694
  • Nick Swyter

    Director

    Total calculated
    $0
    Hours/week
    1
  • Nina Sachdev

    Director

    Total calculated
    $0
    Hours/week
    1
  • Reuben Stern

    Treasurer

    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 · Form 990 of other organizations
  • 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
2025
IRS schema version
2025v4.2
Source object
202602279349300020

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