INVESTIGATIVE NEWSOURCE: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
INVESTIGATIVE NEWSOURCE (EIN 27-0732786)
Tax period
2021-07-01 to 2022-06-30
Filed
2022-11-10
IRS object ID
202233149349307753
Schema version
2021v4.2
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)
Return2022-11-10T18:28:40-06:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

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 Begin2021-07-01TaxPeriodBeginDt

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
Phone6195945100PhoneNum

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
Phone6195945100PhoneNum
Signature2022-11-09SignatureDt
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

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD HOTZPreparerPersonNm
PTINP00452784PTIN
Phone6192311977PhoneNum
Preparation2022-11-09PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

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$2,116,655GrossReceiptsAmt
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 Employee26TotalEmployeeCnt
Total Volunteers1TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,819,724PYContributionsGrantsAmt
CY Contributions Grants$2,098,155CYContributionsGrantsAmt
PY Program Service Revenue$4,066PYProgramServiceRevenueAmt
CY Program Service Revenue$10,429CYProgramServiceRevenueAmt
PY Investment Income$2,388PYInvestmentIncomeAmt
CY Investment Income$3,711CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,826,178PYTotalRevenueAmt
CY Total Revenue$2,112,295CYTotalRevenueAmt
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$1,255,781PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,673,808CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$393,106CYTotalFundraisingExpenseAmt
PY Other Expenses$400,604PYOtherExpensesAmt
CY Other Expenses$442,576CYOtherExpensesAmt
PY Total Expenses$1,656,385PYTotalExpensesAmt
CY Total Expenses$2,116,384CYTotalExpensesAmt
PY Revenues Less Expenses$169,793PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$4,089CYRevenuesLessExpensesAmt
Total Assets BOY$1,915,649TotalAssetsBOYAmt
Total Assets EOY$1,931,219TotalAssetsEOYAmt
Total Liabilities BOY$81,056TotalLiabilitiesBOYAmt
Total Liabilities EOY$107,242TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,834,593NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,823,977NetAssetsOrFundBalancesEOYAmt
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$1,511,556ExpenseAmt
Revenue$10,429RevenueAmt
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$1,511,556TotalProgramServiceExpensesAmt
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 Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
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 Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee26EmployeeCnt
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 RlnYes (1)FamilyOrBusinessRlnInd
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)
Phone6195945100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15500 CAMPANILE DRIVE PSFA 361CAddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92182ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MARK ROCHESTER
MANAGING EDITOR40.00Yes (X)$148,810$0$0
LORIE HEARN
CEO AND EDITOR40.00$148,299$0$0Yes (X)
SANDRA TIMMONS
BOARD CHAIR10.00$0$0$0Yes (X)Yes (X)
MEL KATZ
BOARD VICE CHAIR2.00$0$0$0Yes (X)Yes (X)
DAVID FUHRIMAN
TREASURER2.00$0$0$0Yes (X)Yes (X)
STACY ROSENBERG
SECRETARY3.00$0$0$0Yes (X)Yes (X)
STEPHANIE BERGSMA
BOARD MEMBER2.00$0$0$0Yes (X)
BERNARD KULCHIN
BOARD MEMBER2.00$0$0$0Yes (X)
NITA VAN DER WERFF
BOARD MEMBER1.00$0$0$0Yes (X)
HEATHER BERGMAN
BOARD MEMBER1.00$0$0$0Yes (X)
KITTY WOLCOTT
BOARD MEMBER3.00$0$0$0Yes (X)
MATTHEW HALGREN
BOARD MEMBER1.00$0$0$0Yes (X)
MICHELLE CHIN-PURCELLL
BOARD MEMBER2.00$0$0$0Yes (X)
KARIN WINNER
BOARD MEMBER20.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$297,109TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,098,155AllOtherContributionsAmt
Total Contributions$2,098,155TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICEDesc
Business519100BusinessCd
Total Revenue Column$10,429TotalRevenueColumnAmt
Related Or Exempt Func Income$10,429RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$10,429TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,219TotalRevenueColumnAmt
Exclusion$1,219ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$6,852SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,360SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,492SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,492TotalRevenueColumnAmt
Exclusion$2,492ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,112,295TotalRevenueColumnAmt
Related Or Exempt Func Income$10,429RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,711ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$148,500TotalAmt
Program Services$106,920ProgramServicesAmt
Management And General$13,365ManagementAndGeneralAmt
Fundraising$28,215FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,298,816TotalAmt
Program Services$935,148ProgramServicesAmt
Management And General$116,893ManagementAndGeneralAmt
Fundraising$246,775FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$29,226TotalAmt
Program Services$21,043ProgramServicesAmt
Management And General$2,630ManagementAndGeneralAmt
Fundraising$5,553FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$66,212TotalAmt
Program Services$47,673ProgramServicesAmt
Management And General$5,959ManagementAndGeneralAmt
Fundraising$12,580FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$131,054TotalAmt
Program Services$94,359ProgramServicesAmt
Management And General$11,795ManagementAndGeneralAmt
Fundraising$24,900FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$33,165TotalAmt
Program Services$21,557ProgramServicesAmt
Management And General$1,990ManagementAndGeneralAmt
Fundraising$9,618FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$15,131TotalAmt
Program Services$9,835ProgramServicesAmt
Management And General$908ManagementAndGeneralAmt
Fundraising$4,388FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$145,284TotalAmt
Program Services$115,235ProgramServicesAmt
Management And General$10,637ManagementAndGeneralAmt
Fundraising$19,412FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$25,201TotalAmt
Program Services$15,371ProgramServicesAmt
Management And General$5,041ManagementAndGeneralAmt
Fundraising$4,789FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$81,756TotalAmt
Program Services$57,229ProgramServicesAmt
Management And General$9,811ManagementAndGeneralAmt
Fundraising$14,716FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,188TotalAmt
Management And General$2,188ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$17,994TotalAmt
Program Services$14,395ProgramServicesAmt
Management And General$3,599ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$7,848TotalAmt
Program Services$5,965ProgramServicesAmt
Management And General$706ManagementAndGeneralAmt
Fundraising$1,177FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$41,818TotalAmt
Program Services$16,658ProgramServicesAmt
Management And General$20,885ManagementAndGeneralAmt
Fundraising$4,275FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MOVING EXPENSE$18,930$13,629$1,704$3,597
PROMOTIONAL$16,742$13,896$2,846
JOB RECRUITMENT$16,232$11,687$1,461$3,084
MILEAGE REIMBURSEMENT$7,546$5,433$679$1,434

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$12,741TotalAmt
Program Services$5,523ProgramServicesAmt
Management And General$1,471ManagementAndGeneralAmt
Fundraising$5,747FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,116,384TotalAmt
Program Services$1,511,556ProgramServicesAmt
Management And General$211,722ManagementAndGeneralAmt
Fundraising$393,106FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$53,222BOYAmt
EOY$28,002EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,435,348BOYAmt
EOY$1,545,215EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$361,981BOYAmt
EOY$266,164EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$28,249EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$73,133LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$38,414LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$22,955BOYAmt
EOY$34,719EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$32,658BOYAmt
EOY$28,870EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$9,485BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,915,649BOYAmt
EOY$1,931,219EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$81,056BOYAmt
EOY$82,242EOYAmt

Deferred Revenue DeferredRevenueGrp

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

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$81,056BOYAmt
EOY$107,242EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,389,729BOYAmt
EOY$1,247,933EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$444,864BOYAmt
EOY$576,044EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,834,593BOYAmt
EOY$1,823,977EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,915,649BOYAmt
EOY$1,931,219EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$4,089ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$6,527NetUnrlzdGainsLossesInvstAmt
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$1,520,606CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,177,975CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,738,915CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,819,724CurrentTaxYearMinus1YearAmt
Current Tax Year$2,098,155CurrentTaxYearAmt
Total$8,355,375TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,018CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,024CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,066CurrentTaxYearMinus1YearAmt
Current Tax Year$6,852CurrentTaxYearAmt
Total$64,960TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,564,624CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,178,975CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,747,939CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,823,790CurrentTaxYearMinus1YearAmt
Current Tax Year$2,105,007CurrentTaxYearAmt
Total$8,420,335TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$260,185CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$315,788CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$405,503CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$243,717CurrentTaxYearMinus1YearAmt
Current Tax Year$302,321CurrentTaxYearAmt
Total$1,527,514TotalAmt

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$260,185CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$315,788CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$405,503CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$243,717CurrentTaxYearMinus1YearAmt
Current Tax Year$302,321CurrentTaxYearAmt
Total$1,527,514TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$6,892,821PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,178CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,308CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,645CurrentTaxYearMinus1YearAmt
Current Tax Year$1,219CurrentTaxYearAmt
Total$7,449TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,178CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,308CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,645CurrentTaxYearMinus1YearAmt
Current Tax Year$1,219CurrentTaxYearAmt
Total$7,449TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,315CurrentTaxYearMinus4YearsAmt
Total$5,315TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,571,117CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,179,074CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,750,247CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,826,435CurrentTaxYearMinus1YearAmt
Current Tax Year$2,106,226CurrentTaxYearAmt
Total$8,433,099TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.81740PublicSupportCY509Pct
Public Support PY5090.79080PublicSupportPY509Pct
Investment Income CY0.00090InvestmentIncomeCYPct
Investment Income PY0.00100InvestmentIncomePYPct
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$32,658BeginningYearBalanceAmt
Investment Earnings Or Losses-$3,464InvestmentEarningsOrLossesAmt
Other Expenditures$324OtherExpendituresAmt
End Year Balance$28,870EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$24,432BeginningYearBalanceAmt
Investment Earnings Or Losses$1,229InvestmentEarningsOrLossesAmt
Administrative Expenses$245AdministrativeExpensesAmt
End Year Balance$25,416EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$23,130BeginningYearBalanceAmt
Investment Earnings Or Losses$1,542InvestmentEarningsOrLossesAmt
Administrative Expenses$240AdministrativeExpensesAmt
End Year Balance$24,432EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.73589PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.26411TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$70,228OtherCostOrOtherBasisAmt
Depreciation$36,400DepreciationAmt
Book Value$33,828BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,905OtherCostOrOtherBasisAmt
Depreciation$2,014DepreciationAmt
Book Value$891BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$34,719TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,137,768TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$6,527NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$32,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$25,473RevenueNotReportedAmt
Revenue Subtotal$2,112,295RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,112,295TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,148,384TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$32,000DonatedServicesUseFcltsAmt
Expenses Not Reported$32,000ExpensesNotReportedAmt
Expenses Subtotal$2,116,384ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,116,384TotalExpensesPerForm990Amt

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, 2021, THE ORGANIZATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
MATTHEW HALGREN
BOARD MEMBER$27,250MATTHEW 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$16,973DAVID 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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2STEPHANIE BERGSMA AND AMY GINNOW ARE SISTERS.
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.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.