MARKUP NEWS INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MARKUP NEWS INC (EIN 84-3438375)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-04
- IRS object ID
- 202443099349301494
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-04T13:52:58-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390974031 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEGNER CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 419 N LEE ST | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 223142301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 843438375 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARKUP NEWS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARK | BusinessNameControlTxt |
| Phone | 3477174094 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1103 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10159 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NEIL CHASE | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 3477174094 | PhoneNum |
| Signature | 2024-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GLENN MILLER CPA | PreparerPersonNm |
| PTIN | P00086726 | PTIN |
| Phone | 7035190990 | PhoneNum |
| Preparation | 2024-10-31 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARKUP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NEIL CHASE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1103 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10159 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,306,050 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | THEMARKUP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2020 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE MARKUP IS A NONPROFIT NEWSROOM THAT CHALLENGES TECHNOLOGY TO SERVE THE PUBLIC GOOD. TO DO THIS, WE UTILIZE AN UNPARALLELED ROSTER OF ENGINEERS AND JOURNALISTS WHO PURSUE MEANINGFUL, DATA-DRIVEN INVESTIGATIONS AND DEVELOP DIGITAL TOOLS AND BLUEPRINTS SO OTHERS CAN DO IT TOO. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 7 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,274,548 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,273,676 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $10,933 | PYInvestmentIncomeAmt |
| CY Investment Income | $32,374 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $4,285,481 | PYTotalRevenueAmt |
| CY Total Revenue | $4,306,050 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,364,342 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,488,267 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $36,667 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $311,325 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,520,207 | PYOtherExpensesAmt |
| CY Other Expenses | $1,134,335 | CYOtherExpensesAmt |
| PY Total Expenses | $5,921,216 | PYTotalExpensesAmt |
| CY Total Expenses | $5,622,602 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,635,735 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,316,552 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,503,972 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,104,173 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $292,322 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $209,075 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,211,650 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,895,098 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MARKUP IS A NONPROFIT NEWSROOM THAT CHALLENGES TECHNOLOGY TO SERVE THE PUBLIC GOOD. TO DO THIS, WE UTILIZE AN UNPARALLELED ROSTER OF ENGINEERS AND JOURNALISTS WHO PURSUE MEANINGFUL, DATA-DRIVEN INVESTIGATIONS AND DEVELOP DIGITAL TOOLS AND BLUEPRINTS SO OTHERS CAN DO IT TOO. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,106,634 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | EDITORIAL & GRAPHICS - IN 2023, THE MARKUP PUBLISHED 140 INVESTIGATIONS, REPORTS, AND GUIDES THAT REVEALED HARMS CAUSED BY TECHNOLOGY AND HOW PEOPLE USE IT. OUR JOURNALISM WAS ACTIONABLE AND DROVE REAL-WORLD IMPACT.OUR IMPACT HAS BEEN MONUMENTAL. IN 2023, WE EXPOSED AND OUTLAWED DIGITAL DISCRIMINATION WITH THE HELP OF OUR READERS. OUR NOVEMBER 2022 DATA-DRIVEN INVESTIGATION EXPOSED THAT FOUR MAJOR COMPANIES WERE SYSTEMATICALLY GIVING THE WORST INTERNET DEALS TO NEIGHBORHOODS WITH POORER RESIDENTS AND RESIDENTS OF COLOR, ALL ACROSS THE COUNTRY. BUT WE DIDN'T STOP THERE. IN 2023, WE CREATED AN INTERACTIVE MAP SO PEOPLE COULD SEE WHICH NEIGHBORHOODS WERE SHUT OUT OF FAST INTERNET IN MAJOR CITIES, A DIY GUIDE TEACHING ANYONE HOW TO INVESTIGATE INTERNET SPEEDS AND PRICES WHEREVER THEY ARE, AND A CALLOUT FOR THE PUBLIC TO HELP US FACT CHECK WHAT COMPANIES WERE TELLING THE FCC, ALL WHILE HELPING PEOPLE FIND A BETTER DEAL ON INTERNET. OVER 5,000 PEOPLE PARTICIPATED. AS A RESULT, IN NOVEMBER 2023, EXACTLY A YEAR AFTER WE PUBLISHED OUR ORIGINAL INVESTIGATION, THE FCC PASSED HISTORIC NEW RULES TO HOLD COMPANIES ACCOUNTABLE FOR DIGITAL DISCRIMINATION AND LOS ANGELES BECAME THE FIRST CITY TO BAN DIGITAL REDLINING.OUR 2023 COVERAGE ALSO DEEPLY PRIORITIZED COMMUNITIES. WE LAUNCHED OUR LANGUAGES OF MISINFORMATION SERIES, ABOUT THE INFORMATION NEEDS AND STRUGGLES OF VIETNAMESE IMMIGRANT ENCLAVES, WHICH HAS JUST WON AN AAJA JOURNALISM OF EXCELLENCE AWARD FOR HOW WE WORKED DIRECTLY WITH COMMUNITY MEMBERS, BRIDGED GENERATIONAL GAPS, AND TAUGHT PRACTICAL WORKSHOPS.IN PARALLEL WITH OUR REPORTING WORK, WE CREATED DIGITAL TOOLS THAT ALLOWED READERS TO REPORT WITH US. IN SEPTEMBER 2023 WE LAUNCHED A TOOL THAT ALLOWED ANYONE TO TEST WHETHER X (FORMERLY KNOWN AS TWITTER) WAS THROTTLING LINKS OUT TO OTHER WEBSITES AND FOUND THAT THE SITE WAS PURPOSEFULLY DELAYING ACCESS TO FACEBOOK, INSTAGRAM, SUBSTACK, AND BLUESKY. A MONTH LATER, WE BROKE THE STORY THAT PATRON WAS ALSO BEING THROTTLED, HURTING CREATORS, AND WE FOUND OUT BECAUSE A READER TESTED THE WEBSITE, AND WE VERIFIED IT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $698,714 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | PRODUCT & TECHNOLOGY - IN 2023, THE PRODUCT & TECH TEAM FACED NUMEROUS CHALLENGES BUT STILL HAD MULTIPLE MAJOR SUCCESSES. WE STARTED THE YEAR WITH A COMPREHENSIVE REDESIGN OF OUR HOMEPAGE, ACCOMPANIED BY THE CREATION OF NEW CMS FEATURES TO SUPPORT THE STRUCTURE OF THE NEW HOMEPAGE AND MAKE IT EASY FOR EDITORS TO CHANGE IT EXTENSIVELY IF NEEDED. ADDITIONALLY, FOR THE FIRST TIME SINCE 2020, WE MADE EXTENSIVE FEATURE UPDATES TO OUR PREMIERE TOOL BLACKLIGHT. WE UTILIZED OUR SUMMER 2023 COHORT OF INTERNS TO HELP US MANAGE THE WORKLOAD AND THE END RESULT IS A PLETHORA OF NEW FEATURES INCLUDING THE ABILITY TO "SPOOF" SITE SCANS FROM GERMANY, SCAN AS A DESKTOP BROWSER IN ADDITION TO A MOBILE BROWSER, BYPASS OUR CACHE OF ALREADY SCANNED SITES, AND A HOST OF PERFORMANCE UPGRADES. LATER IN THE YEAR ONE OF THE ORIGINAL MEMBERS OF OUR TEAM DEPARTED FOR A ROLE AT THE FTC, AND THE OTHER ENGINEER WENT ON PARENTAL LEAVE. DESPITE THE HIT IN PRODUCTIVITY, WE WERE ABLE TO QUICKLY HIRE AN EXPERIENCED REPLACEMENT ENGINEER AND SPEND THE LATTER PART OF THE YEAR IMPLEMENTING IMPORTANT INFRASTRUCTURE UPDATES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $125,584 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | AUDIENCE - IN 2023, IN CONJUNCTION WITH THE LAUNCH OF OUR WEBSITE REDESIGN, WE CONTINUED TO GROW THE MARKUP'S OVERALL BRAND IMPACT. OUR WORK WAS REPUBLISHED ACROSS OTHER NEWS NETWORKS 1,223 TIMES AND LOCALIZED BY OTHER NEWSROOMS 8 TIMES. OUR TOOLS CONTINUE TO HAVE IMPACT WITH OUR AUDIENCE AS WELL: OVER 13 MILLION PEOPLE HAVE USED OUR BLACKLIGHT TOOL. WE WERE ALSO RECOGNIZED BY LEADERS IN OUR INDUSTRY. WE WON 18 INDUSTRY AWARDS, INCLUDING SEVERAL FROM SOCIETY FOR NEWS DESIGN, SIGMA, SCRIPPS HOWARD, NATIONAL PRESS CLUB, AND THE ONLINE JOURNALISM ASSOCIATION.CHANGE, ONLINE JOURNALISM, AND DEADLINE CLUB. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,930,932 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 23 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NABIHA SYED | PersonNm |
| Phone | 3477174094 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1103 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10159 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DAVID BOARDMAN | ||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MELISSA HARRIS-PERRY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STUART KARLE | ||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PAUL OHM | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DELE OLOJEDE | ||||||||
| DIRECTOR (THRU DEC 2023) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NICOLE WONG | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ANIL DASH | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NABIHA SYED | ||||||||
| CEO | 40.00 | Yes (X) | $318,874 | $0 | $50,846 | |||
| JULIA ANGWIN | ||||||||
| EDITOR-AT-LARGE (THRU FEB 2023) | 40.00 | $215,309 | $0 | $8,875 | Yes (X) | |||
| SISI WEI | ||||||||
| EDITOR-IN-CHIEF | 40.00 | $300,054 | $0 | $38,105 | Yes (X) | |||
| LAUREN SPIRIG | ||||||||
| DEVELOPMENT DIRECTOR (THRU DEC 2023) | 40.00 | $174,243 | $0 | $78,489 | Yes (X) | |||
| RAMSEY ISLER | ||||||||
| DIRECTOR OF PRODUCT | 40.00 | $173,460 | $0 | $32,668 | Yes (X) | |||
| JON KEEGAN | ||||||||
| INVESTIGATIVE DATA JOURNAL | 40.00 | $153,138 | $0 | $84,298 | Yes (X) | |||
| RYAN TATE | ||||||||
| EDITOR | 40.00 | $143,569 | $0 | $83,827 | Yes (X) | |||
| KO BRAGG | ||||||||
| EDITOR | 40.00 | $143,527 | $0 | $30,715 | Yes (X) | |||
| MICHAEL REILLY | ||||||||
| MANAGING EDITOR | 40.00 | $135,415 | $0 | $64,669 | Yes (X) | |||
| JOEL EASTWOOD | ||||||||
| VISUALIZATIONS ENGINEER | 40.00 | $132,648 | $0 | $84,723 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,890,237 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $557,215 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JUSTWORKS | |||||
| 55 WATER ST | NEW YORK | NY | 10041 | PROFESSIONAL EMPLOYER ORGANIZATION | $4,941,715 |
| G-SQUARED PARTNERS | |||||
| 501 W OFFICE CENTER DR 100 | FORT WASHINGTON | PA | 19034 | ACCOUNTING SERVICES | $104,463 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $4,273,676 | AllOtherContributionsAmt |
| Total Contributions | $4,273,676 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,374 | TotalRevenueColumnAmt |
| Exclusion | $32,374 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,306,050 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $32,374 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,390,922 | TotalAmt |
| Program Services | $1,085,147 | ProgramServicesAmt |
| Management And General | $234,635 | ManagementAndGeneralAmt |
| Fundraising | $71,140 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,423,086 | TotalAmt |
| Program Services | $1,890,403 | ProgramServicesAmt |
| Management And General | $408,751 | ManagementAndGeneralAmt |
| Fundraising | $123,932 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,246 | TotalAmt |
| Program Services | $54,023 | ProgramServicesAmt |
| Management And General | $11,681 | ManagementAndGeneralAmt |
| Fundraising | $3,542 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $330,452 | TotalAmt |
| Program Services | $257,807 | ProgramServicesAmt |
| Management And General | $55,744 | ManagementAndGeneralAmt |
| Fundraising | $16,901 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,561 | TotalAmt |
| Program Services | $214,202 | ProgramServicesAmt |
| Management And General | $46,316 | ManagementAndGeneralAmt |
| Fundraising | $14,043 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,902 | TotalAmt |
| Program Services | $30,186 | ProgramServicesAmt |
| Management And General | $152,716 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,297 | TotalAmt |
| Management And General | $113,297 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $454,303 | TotalAmt |
| Program Services | $236,839 | ProgramServicesAmt |
| Management And General | $180,286 | ManagementAndGeneralAmt |
| Fundraising | $37,178 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,300 | TotalAmt |
| Management And General | $1,300 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,559 | TotalAmt |
| Program Services | $40,144 | ProgramServicesAmt |
| Management And General | $15,415 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,576 | TotalAmt |
| Management And General | $10,576 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,459 | TotalAmt |
| Management And General | $5,459 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,025 | TotalAmt |
| Program Services | $18,158 | ProgramServicesAmt |
| Management And General | $11,812 | ManagementAndGeneralAmt |
| Fundraising | $1,055 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,486 | TotalAmt |
| Program Services | $39,789 | ProgramServicesAmt |
| Management And General | $27,797 | ManagementAndGeneralAmt |
| Fundraising | $32,900 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,933 | TotalAmt |
| Management And General | $5,933 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,898 | TotalAmt |
| Management And General | $58,898 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUES & SUBSCRIPTIONS | Desc |
| Total | $114,597 | TotalAmt |
| Program Services | $64,234 | ProgramServicesAmt |
| Management And General | $39,729 | ManagementAndGeneralAmt |
| Fundraising | $10,634 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,622,602 | TotalAmt |
| Program Services | $3,930,932 | ProgramServicesAmt |
| Management And General | $1,380,345 | ManagementAndGeneralAmt |
| Fundraising | $311,325 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $813,244 | BOYAmt |
| EOY | $616,078 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,904,942 | BOYAmt |
| EOY | $3,137,270 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $715,000 | BOYAmt |
| EOY | $267,308 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,350 | BOYAmt |
| EOY | $63,731 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $29,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $9,214 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,436 | BOYAmt |
| EOY | $19,786 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,503,972 | BOYAmt |
| EOY | $4,104,173 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,322 | BOYAmt |
| EOY | $209,075 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,322 | BOYAmt |
| EOY | $209,075 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,300,273 | BOYAmt |
| EOY | $3,352,602 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $911,377 | BOYAmt |
| EOY | $542,496 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,211,650 | BOYAmt |
| EOY | $3,895,098 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,503,972 | BOYAmt |
| EOY | $4,104,173 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,316,552 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $10,419,995 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,857,120 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,274,548 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,273,676 | CurrentTaxYearAmt |
| Total | $25,825,339 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $10,419,995 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,857,120 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,274,548 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,273,676 | CurrentTaxYearAmt |
| Total | $25,825,339 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $14,248,040 | SubstantialContributorsTotAmt |
| Public Support Total170 | $11,577,299 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $959 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,908 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,933 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $32,374 | CurrentTaxYearAmt |
| Total | $49,174 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $25,874,513 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $29,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,214 | DepreciationAmt |
| Book Value | $19,786 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $19,786 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $4,306,050 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,306,050 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,306,050 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,622,602 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,622,602 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,622,602 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NABIHA SYED | ||||||||||||||
| CEO | $318,874 | $0 | $0 | $0 | $0 | $0 | $1,785 | $0 | $49,061 | $0 | $369,720 | $0 | $0 | $0 |
| SISI WEI | ||||||||||||||
| EDITOR-IN-CHIEF | $300,054 | $0 | $0 | $0 | $0 | $0 | $10,501 | $0 | $27,604 | $0 | $338,159 | $0 | $0 | $0 |
| LAUREN SPIRIG | ||||||||||||||
| DEVELOPMENT DIRECTOR (THRU DEC 2023) | $174,243 | $0 | $0 | $0 | $0 | $0 | $4,909 | $0 | $73,580 | $0 | $252,732 | $0 | $0 | $0 |
| JON KEEGAN | ||||||||||||||
| INVESTIGATIVE DATA JOURNAL | $153,138 | $0 | $0 | $0 | $0 | $0 | $4,241 | $0 | $80,057 | $0 | $237,436 | $0 | $0 | $0 |
| RYAN TATE | ||||||||||||||
| EDITOR | $143,569 | $0 | $0 | $0 | $0 | $0 | $3,710 | $0 | $80,117 | $0 | $227,396 | $0 | $0 | $0 |
| JULIA ANGWIN | ||||||||||||||
| EDITOR-AT-LARGE (THRU FEB 2023) | $215,309 | $0 | $0 | $0 | $0 | $0 | $1,306 | $0 | $7,569 | $0 | $224,184 | $0 | $0 | $0 |
| JOEL EASTWOOD | ||||||||||||||
| VISUALIZATIONS ENGINEER | $132,648 | $0 | $0 | $0 | $0 | $0 | $4,642 | $0 | $80,081 | $0 | $217,371 | $0 | $0 | $0 |
| RAMSEY ISLER | ||||||||||||||
| DIRECTOR OF PRODUCT | $173,460 | $0 | $0 | $0 | $0 | $0 | $5,203 | $0 | $27,465 | $0 | $206,128 | $0 | $0 | $0 |
| MICHAEL REILLY | ||||||||||||||
| MANAGING EDITOR | $135,415 | $0 | $0 | $0 | $0 | $0 | $4,433 | $0 | $60,236 | $0 | $200,084 | $0 | $0 | $0 |
| KO BRAGG | ||||||||||||||
| EDITOR | $143,527 | $0 | $0 | $0 | $0 | $0 | $3,797 | $0 | $26,918 | $0 | $174,242 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART V, LINE 2A | THE MARKUP NEWS, INC. LEASES EMPLOYEES FROM A PROFESSIONAL EMPLOYMENT ORGANIZATION, JUSTWORKS. THE EMPLOYEES ARE CONSIDERED COMMON LAW EMPLOYEES OF THE MARKUP NEWS, INC., HOWEVER, JUSTWORKS IS THE EMPLOYER OF RECORD AND EMPLOYEES RECEIVE THEIR W2S FROM JUSTWORKS. |
| FORM 990, PART VI, SECTION B, LINE 11B | INFORMATION PREPARED BY MANAGEMENT AND ACCOUNTANTS, AND FINAL VERSION REVIEWED BY MANAGEMENT AND TREASURER PRIOR TO SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | PER THE ORGANIZATION'S POLICY: YOU ARE REQUIRED TO DISCLOSE IN GOOD FAITH AND IN WRITING TO THE COMMITTEE AT THE ORGANIZATION'S HEADQUARTERS ALL MATERIAL FACTS RELATED TO CONFLICTS OF INTEREST (INCLUDING THOSE THAT IMPLICATE AN OTHER RELATED PARTY BUT NOT A COVERED PERSON) (INCLUDING THE NATURE OF YOUR OR THE OTHER RELATED PARTY'S INTEREST AND INFORMATION ABOUT ANY PROPOSED TRANSACTION OR OTHER ARRANGEMENT). DISCLOSURES SHOULD BE MADE IN ADVANCE, BEFORE ANY ACTION IS TAKEN ON THE MATTER. CONFLICT IDENTIFICATION AND ANALYSIS CAN BE DIFFICULT AND, THEREFORE, YOU ARE AT ALL TIMES EXPECTED TO ERR ON THE SIDE OF CAUTION AND DISCLOSE ALL INSTANCES WHERE A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT EXISTS. EACH CURRENT DIRECTOR, OFFICER AND KEY PERSON OF THE ORGANIZATION, AS WELL AS NOMINEES FOR ELECTION AS DIRECTOR (PRIOR TO HIS OR HER INITIAL ELECTION), MUST SUBMIT TO THE SECRETMY OF THE ORGANIZATION OR A DESIGNATED COMPLIANCE OFFICER AT LEAST ONCE PER YEAR (AND UPDATED AS APPROPRIATE) A QUESTIONNAIRE SUBSTANTIALLY IN THE FORM OF THE APPENDIX TO THIS POLICY. THE SECRETARY OF THE ORGANIZATION OR THE DESIGNATED COMPLIANCE OFFICER SHALL PROVIDE COPIES OF ALL COMPLETED STATEMENTS TO THE CHAIR OF THE COMMITTEE. THE COMMITTEE WILL REVIEW ALL CONFLICTS OF INTEREST AND RELATED PARTY TRANSACTIONS AND DETERMINE WHETHER TO APPROVE OR RATIFY ANY SUCH MATTERS; HOWEVER, A TRANSACTION WITH A RELATED PARTY MAY PROCEED WITHOUT COMMITTEE REVIEW IF THE TRANSACTION: (I) IS OF LIMITED MONETARY VALUE; (II) WOULD NOT USUALLY BE REVIEWED BY THE BOARD IN THE ORDINARY COURSE OF BUSINESS AND IS AVAILABLE TO OTHERS ON THE SAME OR SIMILAR TERMS; OR (III) PROVIDES A CHARITABLE BENEFIT TO A MEMBER OF A CHARITABLE CLASS WHERE THE BENEFIT IS AVAILABLE TO OTHERS ON SIMILAR TERMS. THE COMMITTEE MAY ONLY APPROVE THE UNDERLYING MATTER IF IT DETERMINES THAT SUCH MATTER, UNDER THE TERMS AND WITHIN THE CIRCUMSTANCES AND CONDITIONS PRESENTED, IS FAIR, REASONABLE, AND IN THE BEST INTERESTS OF THE ORGANIZATION AT THE TIME OF SUCH DETERMINATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | EXECUTIVE COMPENSATION WAS EVALUATED BY FUNDERS WHILE IN FISCAL SPONSORSHIP IN 2019 AND INTO 2020 USING COMPARABLE ORGANIZATIONS, AND THEN APPROVED BY FULL BOARD |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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