INVESTIGATIVE NEWSOURCE: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
INVESTIGATIVE NEWSOURCE (EIN 27-0732786)
Tax period
2022-07-01 to 2023-06-30
Filed
2023-11-15
IRS object ID
202333199349323508
Schema version
2022v5.0
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

FieldValueIRS element (for citing)
Return2023-11-15T16:41:02-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN952694444PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CONSIDINE & CONSIDINEBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18989 RIO SAN DIEGO DRIVE SUITE 250AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP921081604ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN270732786EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INVESTIGATIVE NEWSOURCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINVEBusinessNameControlTxt
Phone6195003370PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 34546AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92163ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLORIE HEARNPersonNm
Person TitleCEO AND EDITORPersonTitleTxt
Phone6195003370PhoneNum
Signature2023-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLORIEPersonFirstNm
Person LastHEARNPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD HOTZPreparerPersonNm
PTINP00452784PTIN
Phone6192311977PhoneNum
Preparation2023-11-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1INEWSOURCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerLORIE HEARNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 34546AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92163ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,693,421GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.INEWSOURCE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO EDUCATE THE PUBLIC, CONDUCT PUBLIC INTEREST RESEARCH, IMPROVE SOCIAL CONDITIONS, BETTER SERVE THE PUBLIC INTEREST BY PROVIDING DATA-DRIVEN INVESTIGATIVE JOURNALISM IN SAN DIEGO AND IMPERIAL COUNTIES.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee33TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,098,155PYContributionsGrantsAmt
CY Contributions Grants$1,652,277CYContributionsGrantsAmt
PY Program Service Revenue$10,429PYProgramServiceRevenueAmt
CY Program Service Revenue$13,589CYProgramServiceRevenueAmt
PY Investment Income$3,711PYInvestmentIncomeAmt
CY Investment Income$1,287CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,112,295PYTotalRevenueAmt
CY Total Revenue$1,667,153CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,673,808PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,082,601CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$578,260CYTotalFundraisingExpenseAmt
PY Other Expenses$442,576PYOtherExpensesAmt
CY Other Expenses$548,964CYOtherExpensesAmt
PY Total Expenses$2,116,384PYTotalExpensesAmt
CY Total Expenses$2,631,565CYTotalExpensesAmt
PY Revenues Less Expenses-$4,089PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$964,412CYRevenuesLessExpensesAmt
Total Assets BOY$1,931,219TotalAssetsBOYAmt
Total Assets EOY$926,045TotalAssetsEOYAmt
Total Liabilities BOY$107,242TotalLiabilitiesBOYAmt
Total Liabilities EOY$65,012TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,823,977NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$861,033NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF INVESTIGATIVE NEWSOURCE IS TO PRODUCE INVESTIGATIVE JOURNALISM THAT INFORMS CITIZENS OF SAN DIEGO AND IMPERIAL COUNTIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,591,373ExpenseAmt
Revenue$13,589RevenueAmt
DescINVESTIGATIVE NEWSOURCE SATISFIES A NEED FOR DEEP, THOUGHTFUL, DATA-DRIVEN JOURNALISM THAT ILLUMINATES GOVERNMENT ACTIONS, ACCOUNTS FOR PUBLIC MONIES, PROVOKES A SEARCH FOR SOLUTIONS TO GOVERNMENTAL AND SOCIETAL PROBLEMS, STRENGTHENS DEMOCRACY IN THE REGION, AND TRAINS FUTURE INVESTIGATIVE JOURNALISTS.Desc
Total Program Service Expenses$1,591,373TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document26IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee33EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LORIE HEARNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6195003370PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 34546AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92163ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
SANDRA TIMMONS
BOARD CHAIR10.00Yes (X)Yes (X)$0$0$0
MICHELLE CHIN-PURCELLL
BOARD VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
DAVID FUHRIMAN
BOARD MEMBER2.00Yes (X)$0$0$0
HEATHER WHITLEY QUINN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
HEATHER BERGMAN
BOARD MEMBER1.00Yes (X)$0$0$0
ATUL PATEL
TREASURER2.00Yes (X)Yes (X)$0$0$0
NITA VAN DER WERFF
BOARD MEMBER1.00Yes (X)$0$0$0
ELAINE HARWELL
BOARD MEMBER2.00Yes (X)$0$0$0
KITTY WOLCOTT
BOARD MEMBER4.00Yes (X)$0$0$0
MATTHEW HALGREN
BOARD MEMBER1.00Yes (X)$0$0$0
KARIN WINNER
BOARD MEMBER12.00Yes (X)$0$0$0
MARK DILLON
BOARD MEMBER2.00Yes (X)$0$0$0
LORIE HEARN
CEO AND EDITOR40.00Yes (X)$153,960$0$0
MARK ROCHESTER
MANAGING EDITOR (FORMER)40.00$216,908$0$0Yes (X)
JUSTIN RUSHING
DIRECTOR OF GROWTH PARTNERS40.00$162,058$0$0Yes (X)
JAMIE SELF
MANAGING EDITOR40.00$107,273$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$640,199TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,652,277AllOtherContributionsAmt
Noncash Contributions$1,103NoncashContributionsAmt
Total Contributions$1,652,277TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICEDesc
Business900099BusinessCd
Total Revenue Column$13,589TotalRevenueColumnAmt
Related Or Exempt Func Income$13,589RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$13,589TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,185TotalRevenueColumnAmt
Exclusion$1,185ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$26,370SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$26,268SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$102SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$102TotalRevenueColumnAmt
Exclusion$102ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,667,153TotalRevenueColumnAmt
Related Or Exempt Func Income$13,589RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,287ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$148,500TotalAmt
Program Services$95,507ProgramServicesAmt
Management And General$18,625ManagementAndGeneralAmt
Fundraising$34,368FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,662,022TotalAmt
Program Services$1,068,915ProgramServicesAmt
Management And General$208,452ManagementAndGeneralAmt
Fundraising$384,655FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$36,845TotalAmt
Program Services$23,697ProgramServicesAmt
Management And General$4,621ManagementAndGeneralAmt
Fundraising$8,527FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$91,135TotalAmt
Program Services$58,613ProgramServicesAmt
Management And General$11,430ManagementAndGeneralAmt
Fundraising$21,092FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$144,099TotalAmt
Program Services$92,676ProgramServicesAmt
Management And General$18,073ManagementAndGeneralAmt
Fundraising$33,350FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$297TotalAmt
Management And General$297ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$220,642TotalAmt
Program Services$92,713ProgramServicesAmt
Management And General$104,520ManagementAndGeneralAmt
Fundraising$23,409FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$37,108TotalAmt
Program Services$15,367ProgramServicesAmt
Management And General$13,585ManagementAndGeneralAmt
Fundraising$8,156FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$91,119TotalAmt
Program Services$51,980ProgramServicesAmt
Management And General$26,258ManagementAndGeneralAmt
Fundraising$12,881FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$28,000TotalAmt
Program Services$20,915ProgramServicesAmt
Management And General$2,436ManagementAndGeneralAmt
Fundraising$4,649FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$39,172TotalAmt
Program Services$22,188ProgramServicesAmt
Management And General$3,019ManagementAndGeneralAmt
Fundraising$13,965FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,539TotalAmt
Program Services$8,009ProgramServicesAmt
Management And General$949ManagementAndGeneralAmt
Fundraising$1,581FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$55,243TotalAmt
Program Services$10,719ProgramServicesAmt
Management And General$39,667ManagementAndGeneralAmt
Fundraising$4,857FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROMOTIONAL$16,379$2,400$376$13,603
MILEAGE REIMBURSEMENT$13,121$10,310$390$2,421
PARKING$6,827$4,391$856$1,580
BANK FEES$6,258$397$5,861

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$24,259TotalAmt
Program Services$12,973ProgramServicesAmt
Management And General$7,981ManagementAndGeneralAmt
Fundraising$3,305FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,631,565TotalAmt
Program Services$1,591,373ProgramServicesAmt
Management And General$461,932ManagementAndGeneralAmt
Fundraising$578,260FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$28,002BOYAmt
EOY$63,095EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,545,215BOYAmt
EOY$423,619EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$266,164BOYAmt
EOY$340,503EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$28,249BOYAmt
EOY$36,349EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$80,568LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$48,953LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$34,719BOYAmt
EOY$31,615EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$28,870BOYAmt
EOY$30,864EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,931,219BOYAmt
EOY$926,045EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$82,242BOYAmt
EOY$65,012EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$25,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$107,242BOYAmt
EOY$65,012EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,247,933BOYAmt
EOY$398,258EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$576,044BOYAmt
EOY$462,775EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,823,977BOYAmt
EOY$861,033EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,931,219BOYAmt
EOY$926,045EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$964,412ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,468NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,177,975CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,738,915CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,819,724CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,098,155CurrentTaxYearMinus1YearAmt
Current Tax Year$1,652,277CurrentTaxYearAmt
Total$8,487,046TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,024CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,066CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,852CurrentTaxYearMinus1YearAmt
Current Tax Year$1,273CurrentTaxYearAmt
Total$22,215TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,178,975CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,747,939CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,823,790CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,105,007CurrentTaxYearMinus1YearAmt
Current Tax Year$1,653,550CurrentTaxYearAmt
Total$8,509,261TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$315,788CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$405,503CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$243,717CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$302,321CurrentTaxYearMinus1YearAmt
Current Tax Year$352,600CurrentTaxYearAmt
Total$1,619,929TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$315,788CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$405,503CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$243,717CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$302,321CurrentTaxYearMinus1YearAmt
Current Tax Year$352,600CurrentTaxYearAmt
Total$1,619,929TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$6,889,332PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$99CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,308CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,645CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,219CurrentTaxYearMinus1YearAmt
Current Tax Year$1,185CurrentTaxYearAmt
Total$7,456TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$99CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,308CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,645CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,219CurrentTaxYearMinus1YearAmt
Current Tax Year$1,185CurrentTaxYearAmt
Total$7,456TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,179,074CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,750,247CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,826,435CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,106,226CurrentTaxYearMinus1YearAmt
Current Tax Year$1,654,735CurrentTaxYearAmt
Total$8,516,717TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.80890PublicSupportCY509Pct
Public Support PY5090.81740PublicSupportPY509Pct
Investment Income CY0.00090InvestmentIncomeCYPct
Investment Income PY0.00090InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$28,870BeginningYearBalanceAmt
Investment Earnings Or Losses$2,291InvestmentEarningsOrLossesAmt
Other Expenditures$297OtherExpendituresAmt
End Year Balance$30,864EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$32,658BeginningYearBalanceAmt
Investment Earnings Or Losses-$3,464InvestmentEarningsOrLossesAmt
Other Expenditures$324OtherExpendituresAmt
End Year Balance$28,870EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$26,218BeginningYearBalanceAmt
Investment Earnings Or Losses$6,728InvestmentEarningsOrLossesAmt
Other Expenditures$288OtherExpendituresAmt
End Year Balance$32,658EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,416BeginningYearBalanceAmt
Investment Earnings Or Losses$1,056InvestmentEarningsOrLossesAmt
Administrative Expenses$254AdministrativeExpensesAmt
End Year Balance$26,218EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$24,432BeginningYearBalanceAmt
Investment Earnings Or Losses$1,229InvestmentEarningsOrLossesAmt
Administrative Expenses$245AdministrativeExpensesAmt
End Year Balance$25,416EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.68830PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.31170TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$77,663OtherCostOrOtherBasisAmt
Depreciation$46,601DepreciationAmt
Book Value$31,062BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,905OtherCostOrOtherBasisAmt
Depreciation$2,352DepreciationAmt
Book Value$553BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$31,615TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,668,324TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,468NetUnrealizedGainsInvstAmt
Revenue Not Reported$1,468RevenueNotReportedAmt
Revenue Subtotal$1,666,856RevenueSubtotalAmt
Investment Expenses Not Incld$297InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$297RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,667,153TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,631,268TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,631,268ExpensesSubtotalAmt
Investment Expenses Not Incld2$297InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$297ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,631,565TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:FUNDS ARE TO HELP SUPPORT THE GENERAL PURPOSE OF THE ORGANIZATION.
PART X, LINE 2:THE ORGANIZATION FOLLOWS ACCOUNTING STANDARDS WHICH CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS AND RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION OR TO BE TAKEN IN A TAX RETURN. AS OF JUNE 30, 2023, THE ORGANIZATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARK ROCHESTER
MANAGING EDITOR (FORMER)$177,639$0$0$0$39,269$0$0$0$0$0$216,908$0$0$0
JUSTIN RUSHING
DIRECTOR OF GROWTH PARTNERS$160,235$0$0$0$1,823$0$0$0$0$0$162,058$0$0$0
LORIE HEARN
CEO AND EDITOR$148,291$0$0$0$5,669$0$0$0$0$0$153,960$0$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonMATTHEW HALGRENPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionBOARD MEMBERRelationshipDescriptionTxt
Transaction$25,454TransactionAmt
TransactionMATTHEW HALGREN, BOARD MEMBER, IS EMPLOYED BY SHEPPARD MULLIN RICHTER & HAMPTON, LLP, WHICH IS INEWSOURCE'S LEGAL FIRM. THE LAW FIRM PROVIDES PREPUBLICATION SERVICES WHICH IS DESCRIBED IN SCHEDULE L.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS FORM 990 PRIOR TO ITS FILING AND THE TREASURER REVIEWS AND APPROVES FORM 990 BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICTS OF INTEREST POLICY IS DISTRIBUTED TO NEW EMPLOYEES AND BOARD MEMBERS OF THE ORGANIZATION AND THE POLICY IS REVIEWED ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION USES COMPARABILITY DATA FROM SIMILAR ORGANIZATIONS TO MEASURE REASONABLE COMPENSATION. IF APPLICABLE, THE BOARD OF DIRECTORS APPROVES ALL COMPENSATION FOR OFFICERS AND KEY EMPLOYEES THAT IS IN EXCESS OF $100,000.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2CTHERE HAS BEEN NO CHANGE DURING THE YEAR.

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