2022-02-21T18:11:16-06:00 2021-06-30 952694444 CONSIDINE & CONSIDINE 8989 RIO SAN DIEGO DRIVE SUITE 250 SAN DIEGO CA 921081604 990 2020-07-01 270732786 INVESTIGATIVE NEWSOURCE INVE 6195945100 PO BOX 34546 SAN DIEGO CA 92163 LORIE HEARN CEO AND EDITOR 6195945100 2022-02-07 1 LORIE HEARN 999009999 RICHARD HOTZ P00452784 6192311977 2022-02-07 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X INEWSOURCE LORIE HEARN PO BOX 34546 SAN DIEGO CA 92163 1827345 0 X WWW.INEWSOURCE.ORG X 2009 CA TO 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. 17 16 18 0 0 0 1738915 1819724 9024 4066 2846 2388 0 0 1750785 1826178 0 0 0 0 977097 1255781 0 0 242203 256238 400604 1233335 1656385 517450 169793 1875934 1915649 216203 81056 1659731 1834593 THE MISSION OF INVESTIGATIVE NEWSOURCE IS TO PRODUCE INVESTIGATIVE JOURNALISM THAT INFORMS CITIZENS OF SAN DIEGO AND IMPERIAL COUNTIES. 0 0 1223051 4066 INVESTIGATIVE 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. 1223051 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 3 0 1 18 1 0 0 0 0 0 0 0 0 0 0 X 17 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X LORIE HEARN 6195945100 5500 CAMPANILE DRIVE PSFA 361C SAN DIEGO CA 92182 KARIN WINNER PRESIDENT 20.00 X X 0 0 0 MEL KATZ VICE PRESIDENT 2.00 X X 0 0 0 DAVID FUHRIMAN TREASURER 3.00 X X 0 0 0 STACY ROSENBERG SECRETARY 3.00 X X 0 0 0 STEPHANIE BERGSMA BOARD MEMBER 2.00 X 0 0 0 JOYCE GATTAS BOARD MEMBER 1.00 X 0 0 0 BRANT HOUSTON BOARD MEMBER 1.00 X 0 0 0 BERNARD KULCHIN BOARD MEMBER 2.00 X 0 0 0 CHARLES LEWIS BOARD MEMBER 1.00 X 0 0 0 NITA VAN DER WERFF BOARD MEMBER 1.00 X 0 0 0 HEATHER BERGMAN BOARD MEMBER 1.00 X 0 0 0 AMY GINNOW BOARD MEMBER 1.00 X 0 0 0 KITTY WOLCOTT BOARD MEMBER 4.00 X 0 0 0 MARTHA DENNIS BOARD MEMBER 3.00 X 0 0 0 MATTHEW HALGREN BOARD MEMBER 1.00 X 0 0 0 SANDRA TIMMONS BOARD MEMBER 5.00 X 0 0 0 LORIE HEARN CEO AND EDITOR 40.00 X 143800 0 0 143800 0 0 1 0 0 0 0 188100 1631624 1819724 MISCELLANEOUS REVENUE 519100 4066 4066 4066 1529 1529 1116 910 0 1167 1116 -257 859 859 1826178 4066 0 2388 144606 114239 10845 19522 965013 762360 72376 130277 58459 46183 4384 7892 87703 69285 6578 11840 29270 16647 5305 7318 13315 7573 2413 3329 121073 68860 21944 30269 18951 11674 5496 1781 47303 34153 10312 2838 4655 2616 2039 5404 4999 27 378 7133 5421 642 1070 42519 21543 16724 4252 JOB RECRUITMENT 52907 41797 3968 7142 BAD DEBT 20000 20000 MOVING EXPENSE 20000 15800 1500 2700 PROMOTIONAL 9500 9500 8574 2517 6001 56 1656385 1223051 191131 242203 93562 53222 1409960 1435348 321602 361981 53521 30566 22217 22955 26218 32658 2375 9485 1875934 1915649 53103 81056 163100 0 216203 81056 X 1031998 1389729 627733 444864 1659731 1834593 1875934 1915649 169793 5069 0 X X 0 1 X 1 0 X 655020 1520606 1177975 1738915 1819724 6912240 44972 44018 1000 9024 4066 103080 699992 1564624 1178975 1747939 1823790 7015320 232951 260185 315788 405503 243717 1458144 0 232951 260185 315788 405503 243717 1458144 5557176 804 1178 99 2308 2645 7034 804 1178 99 2308 2645 7034 5315 5315 700796 1571117 1179074 1750247 1826435 7027669 0.79080 0.75850 0.00100 0.00080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26218 6728 288 32658 25416 1056 254 26218 24432 1229 245 25416 23130 1542 240 24432 20507 500 2339 216 23130 0.65053 0.34947 0 0 24431 23521 910 29090 7045 22045 22955 X 1831247 5069 5069 1826178 0 1826178 1656385 0 1656385 0 1656385 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, 2021, THE ORGANIZATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES MATTHEW HALGREN BOARD MEMBER 12650 MATTHEW 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. 0 DAVID AND LETICIA FUHRIMAN BOARD MEMBER 21012 DAVID FUHRIMAN, BOARD MEMBER, IS THE SPOUSE OF LETICIA FUHRIMAN, INDEPENDENT CONTRACTOR OF INEWSOURCE. THE BOARD HAS DIRECTED THAT FUHRIMAN CANNOT VOTE ON OR PARTICIPATE IN DISCUSSIONS REGARDING HIS WIFE'S COMPENSATION OR EVALUATIONS, AND IF NEEDED, HE WILL BE ASKED TO LEAVE A BOARD MEETING IF SUCH CONVERSATIONS ARE INITIATED. IN ADDITION, FUHRIMAN HAS NO ROLE IN OR OVERSIGHT OF ANNUAL AUDITS. 0 FORM 990, PART VI, SECTION A, LINE 2 STEPHANIE BERGSMA AND AMY GINNOW ARE SISTERS. FORM 990, PART VI, SECTION B, LINE 11B THE 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 12C THE 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 15 THE 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 19 THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE DURING THE YEAR.