Totals
- Total revenue
- $5,677,087
- Total expenses
- $4,063,952
- Contributions and grants received
- $4,047,000
- Grants paid
- $0
- Program service revenue
- $1,606,631
- Investment income
- $4,863
- Other revenue
- $18,593
- Total assets, end of year
- $4,508,417
- Total liabilities, end of year
- $85,283
- Net assets or fund balances, end of year
- $4,423,134
- Program services expenses (Part IX)
- $3,451,145
- Management and general expenses
- $245,219
- Fundraising expenses
- $367,588
- Program service expenses (Part III)
- $3,451,145
Program services were 84.9% 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
$4,047,000
-
2a · Program service revenue: CLIENT SERVICE FEES
total $1,606,631 · related or exempt $1,606,631
-
3 · Investment income
total $22,290 · excluded $22,290
-
7a · Gross sales of assets other than inventory
securities $200,778
-
7b · Less cost or other basis and sales expenses
securities $218,205
-
7c · Gain or loss
securities -$17,427
-
7d · Net gain or loss
total -$17,427 · excluded -$17,427
-
11a · Other revenue: OTHER REVENUE
total $18,593 · related or exempt $18,593
-
11e · Other revenue, total
$18,593
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $921,325 · program services $768,455 · management and general $39,251 · fundraising $113,619
-
7 · Other salaries and wages
total $1,279,890 · program services $1,067,526 · management and general $54,527 · fundraising $157,837
-
8 · Pension plan contributions
total $129,153 · program services $107,724 · management and general $5,502 · fundraising $15,927
-
9 · Other employee benefits
total $157,191 · program services $131,109 · management and general $6,697 · fundraising $19,385
-
10 · Payroll taxes
total $171,311 · program services $142,887 · management and general $7,298 · fundraising $21,126
-
11b · Fees: legal
total $75,143 · program services $57,634 · management and general $17,509
-
11c · Fees: accounting
total $88,345 · management and general $88,345
-
11f · Fees: investment management
total $8,187 · management and general $8,187
-
11g · Fees: other
total $732,163 · program services $731,064 · management and general $1,099
-
12 · Advertising and promotion
total $11,246 · program services $10,571 · fundraising $675
-
13 · Office expenses
total $4,125 · program services $3,941 · management and general $86 · fundraising $98
-
16 · Occupancy
total $116,200 · program services $96,920 · management and general $4,950 · fundraising $14,330
-
17 · Travel
total $68,553 · program services $57,574 · fundraising $10,979
-
19 · Conferences, conventions and meetings
total $7,861 · program services $6,760 · fundraising $1,101
-
20 · Interest
total $1,917 · management and general $1,917
-
23 · Insurance
total $10,338 · program services $8,623 · management and general $440 · fundraising $1,275
-
24a · Other expenses: DATA MANAGEMENT
total $87,446 · program services $87,446
-
24b · Other expenses: SOFTWARE SUBSCRIPTIONS
total $76,667 · program services $68,092 · management and general $7,459 · fundraising $1,116
-
24c · Other expenses: PAYROLL FEES
total $41,132 · program services $34,307 · management and general $1,752 · fundraising $5,073
-
24d · Other expenses: COPYWRITING
total $30,336 · program services $30,336
-
24e · All other expenses
total $45,423 · program services $40,176 · management and general $200 · fundraising $5,047
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $785,809 · end of year $336,794
-
2 · Savings and temporary cash investments
beginning of year $924,059 · end of year $514,046
-
3 · Pledges and grants receivable
beginning of year $150,000 · end of year $2,502,953
-
4 · Accounts receivable
beginning of year $326,143 · end of year $18,142
-
9 · Prepaid expenses and deferred charges
beginning of year $11,384 · end of year $16,439
-
11 · Investments: publicly traded securities
beginning of year $801,403 · end of year $865,950
-
14 · Intangible assets
end of year $254,093
-
17 · Accounts payable and accrued expenses
beginning of year $38,506 · end of year $81,008
-
19 · Deferred revenue
beginning of year $11,400 · end of year $4,275
-
27 · Net assets without donor restrictions
beginning of year $2,892,471 · end of year $1,479,168
-
28 · Net assets with donor restrictions
beginning of year $56,421 · end of year $2,943,966
Mission and programs · 2022
Mission
THE NEWS REVENUE HUB AIMS TO FORTIFY THE PUBLIC'S ACCESS TO QUALITY JOURNALISM BY HELPING NEWS ORGANIZATIONS BUILD SUSTAINABILITY.
-
THE NEWS REVENUE HUB INC HELPS NEWS ORGANIZATIONS LEARN HOW TO DESIGN AND IMPLEMENT SUBSCRIBER RECRUITMENT PROGRAMS, ANALYZE DATA AND DEVELOP COMPANY MESSAGING AND STORY. NEWS ORGANIZATIONS ALSO LEARN HOW TO UTILIZE VARIOUS TECHNOLOGY APPLICATIONS, HOW TO DESIGN CAMPAIGN TEMPLATES, GRAPHICS, AND OTHER CORPORATE MEMBERSHIP PAGES.
Expenses $3,451,145 · Revenue $1,606,631
As filed on the 2022 return.
Listed in Part VII
-
Mary Walter-BrownMARY WALTER-BROWN
PRESIDENT & CEO
- Total calculated
- $283,595
- From this org
- $241,720
- From related orgs
- $0
- Other
- $41,875
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $241,720
- Bonus
- $0
- Other
- $0
- Deferred
- $14,079
- Nontaxable benefits
- $27,796
- Filer's total
- $283,595
-
Irving WashingtonIRVING WASHINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Corey FaymanCOREY FAYMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Eric PoerschkeERIC POERSCHKE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Sisi WeiSISI WEI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Nicco MeleNICCO MELE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Tristan LoperTRISTAN LOPER
TREASURER & COO
- Total calculated
- $228,561
- From this org
- $191,602
- From related orgs
- $0
- Other
- $36,959
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $191,602
- Bonus
- $0
- Other
- $0
- Deferred
- $11,109
- Nontaxable benefits
- $25,850
- Filer's total
- $228,561
-
Christina ShihCHRISTINA SHIH
SECRETARY
- Total calculated
- $175,833
- From this org
- $156,954
- From related orgs
- $0
- Other
- $18,879
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,954
- Bonus
- $0
- Other
- $0
- Deferred
- $8,943
- Nontaxable benefits
- $9,936
- Filer's total
- $175,833
-
Ann AlpertANN ALPERT
ASSISTANT SECRETARY & CFO
- Total calculated
- $64,865
- From this org
- $64,865
- From related orgs
- $0
- Other
- $0
- Hours/week
- 16
-
Daniel CraigmileDANIEL CRAIGMILE
VP OF TECHNOLOGY
- Total calculated
- $196,084
- From this org
- $176,874
- From related orgs
- $0
- Other
- $19,210
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $176,874
- Bonus
- $0
- Other
- $0
- Deferred
- $10,253
- Nontaxable benefits
- $8,957
- Filer's total
- $196,084
-
Evan MackinderEVAN MACKINDER
VP OF MEMBERSHIP DEVELOPME
- Total calculated
- $172,811
- From this org
- $154,174
- From related orgs
- $0
- Other
- $18,637
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,174
- Bonus
- $0
- Other
- $0
- Deferred
- $8,578
- Nontaxable benefits
- $10,059
- Filer's total
- $172,811
-
Mariclare HallMARICLARE HALL
DIRECTOR OF PRODUCT
- Total calculated
- $158,091
- From this org
- $140,935
- From related orgs
- $0
- Other
- $17,156
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,935
- Bonus
- $0
- Other
- $0
- Deferred
- $8,122
- Nontaxable benefits
- $9,034
- Filer's total
- $158,091
-
Graham Watson-RingoGRAHAM WATSON-RINGO
DIRECTOR OF SUCCESS
- Total calculated
- $151,392
- From this org
- $133,804
- From related orgs
- $0
- Other
- $17,588
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,804
- Bonus
- $0
- Other
- $0
- Deferred
- $7,589
- Nontaxable benefits
- $9,999
- Filer's total
- $151,392
-
Abbey GingrasABBEY GINGRAS
KEY EMPLOYEE
- Total calculated
- $116,347
- From this org
- $100,573
- From related orgs
- $0
- Other
- $15,774
- 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 · 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
The filer's explanations (Part III)
- PART I, LINE 3
- COMPENSATION FOR THE EXECUTIVE TEAM AND STAFF IS APPROVED DURING THE BUDGET PROCESS. THE ORGANIZATION CONSIDERS COMPETITIVE SALARY TRENDS BY UTILIZING SURVEYS AND MARKETPLACE DATA. RECRUITING EXPERIENCE ALSO HELPS PROVIDE INSIGHT INTO SALARY REQUIREMENTS. THE BOARD OF DIRECTORS APPROVES THE ANNUAL BUDGET WHICH INCLUDES APPROVAL OF COMPENSATION FOR THE CEO AND KEY EXECUTIVES.
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
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323189349311027
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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