Form 990 for tax year 2024
Filed by NEWS PRODUCT ALLIANCE CORPORATION.
Totals
- Total revenue
- $859,813
- Total expenses
- $452,552
- Contributions and grants received
- $346,813
- Grants paid
- $0
- Program service revenue
- $511,283
- Investment income
- $0
- Other revenue
- $1,717
- Total assets, end of year
- $947,226
- Total liabilities, end of year
- $22,000
- Net assets or fund balances, end of year
- $925,226
- Program services expenses (Part IX)
- $286,823
- Management and general expenses
- $79,949
- Fundraising expenses
- $85,780
- Program service expenses (Part III)
- $286,823
Program services were 63.4% 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
$346,813
-
2a · Program service revenue: Capacity Building
total $94,088 · related or exempt $94,088
-
2b · Program service revenue: NPMC
total $289,500 · related or exempt $289,500
-
2c · Program service revenue: Summit Conference
total $127,695 · related or exempt $127,695
-
3 · Investment income
total $0
-
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
-
11a · Other revenue: Travel Expenses Covered
total $1,717 · related or exempt $1,717
-
11e · Other revenue, total
$1,717
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 $77,520 · program services $25,819 · management and general $25,883 · fundraising $25,818
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $55,260 · program services $22,620 · management and general $13,320 · fundraising $19,320
-
11b · Fees: legal
total $1,325 · management and general $1,325
-
11c · Fees: accounting
total $22,000 · management and general $22,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $233,297 · program services $211,620 · management and general $432 · fundraising $21,245
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $18,442 · program services $3,493 · management and general $14,673 · fundraising $276
-
15 · Royalties
total $0
-
16 · Occupancy
total $821 · management and general $821
-
17 · Travel
total $30,079 · program services $10,958 · fundraising $19,121
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $8,861 · program services $8,698 · management and general $163
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $638 · management and general $638
-
24a · Other expenses: Processing Fees
total $4,309 · program services $3,615 · management and general $694
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $575,359 · end of year $895,395
-
2 · Savings and temporary cash investments
beginning of year $100 · end of year $100
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $50,300
-
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
end of year $1,431
-
10c · Land, buildings and equipment, net
end of year $0
-
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
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $17,544
-
19 · Deferred revenue
beginning of year $39,950 · end of year $22,000
-
27 · Net assets without donor restrictions
beginning of year $517,965 · end of year $925,226
Mission and programs · 2024
Mission
To elevate the discipline of news product management and expand the diversity of news product thinkers in decision-making roles.
-
Programs & Training - Growing Product Leaders: We trained +150 professionals through our programs and partnerships. We launched two training initiatives, including a groundbreaking News Product Management specialized program that has already reached 91 alumni from 29 countries across the globe. Eighty-eight percent of those alumni have applied their learning within 6 months of completing the program 90+ NPS (Net Promoter Score).
Expenses $243,640 · Revenue $383,588
-
Events & Community - Expanding our reach: Our NPA community grew to 3,000 in 2024, and we expanded our operational capacity by running our first in-person event - the NPA Forum for Local News - which brought together 100 local news executives, product leaders and experts from tech companies to address the pressing challenges facing local journalism. And in October, more than 500 news product leaders attended our fourth annual virtual NPA Summit, to tackle journalisms toughest challenges in this years theme Tech & Trust. In 2024 we were able to offer +100 free tickets and +20 travel stipends to support local news practitioners and members who could not otherwise afford to attend our events - a record number.
Expenses $43,183 · Revenue $127,695
As filed on the 2024 return.
Listed in Part VII
-
Felicitas Carrique
Executive Dir.
- Total calculated
- $77,520
- From this org
- $77,520
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
-
Upasna Gautam
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Elite Truong
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
An Xiao Mina
Director
- Total calculated
- $0
- Hours/week
- 1
-
Aaron Colby Williams
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tawanda Kanhema
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sharon Moshavi
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Nicholas Petrie
Director
- Total calculated
- $0
- Hours/week
- 1
-
Anita Zielina
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Jeremy Gilbert
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chi-Chi Zhang
Director
- Total calculated
- $0
- Hours/week
- 1
-
Patrick Boehler
Director
- Total calculated
- $0
- Hours/week
- 1
-
Luciana Cardoso
Vice President
- Total calculated
- $0
- Hours/week
- 2
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.
Schedule J
Answered yes
None.
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
- 30 April 2025
- IRS schema version
- 2024v5.1
- Source object
- 202521219349302162
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