2019-11-15T17:17:37-06:00 2019-06-30 952694444 CONSIDINE & CONSIDINE 8989 RIO SAN DIEGO DRIVE SUITE 250 SAN DIEGO CA 92108 990 2018-07-01 270732786 INVESTIGATIVE NEWSOURCE INVE 6195945100 5500 CAMPANILE DRIVE PSFA 361C SAN DIEGO CA 92182 LORIE HEARN EXECUTIVE DIRECTOR 6195945100 2019-11-14 1 RICHARD HOTZ P00452784 6192311977 2019-11-14 70.167.7.14 2019-11-14 11:58:01 PS P 7CCA46C944152B4FF622907F519770452311716F 7CCA46C944152B4FF622907F519770452311716F 2018 2020-04-17 16:48:07Z INEWSOURCE KARIN WINNER 5500 CAMPANILE DRIVE PSFA 361C SAN DIEGO CA 92182 1122567 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. 16 16 16 17 0 0 1520606 1119925 44018 1000 1735 1642 5315 0 1571674 1122567 0 0 0 0 751142 855013 0 0 162543 236006 228421 987148 1083434 584526 39133 1129630 1176687 26704 34122 1102926 1142565 THE MISSION OF INVESTIGATIVE NEWSOURCE IS TO PRODUCE INVESTIGATIVE JOURNALISM THAT INFORMS CITIZENS OF SAN DIEGO AND IMPERIAL COUNTIES. 0 0 813807 1000 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. 813807 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 8 0 16 1 0 0 0 0 0 0 0 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X X LORIE HEARN 6195945100 5500 CAMPANILE DRIVE PSFA 361C SAN DIEGO CA 92182 KARIN WINNER PRESIDENT 18.00 X X 0 0 0 MEL KATZ VICE PRESIDENT 2.00 X X 0 0 0 MARTHA DENNIS TREASURER 3.00 X X 0 0 0 STACY ROSENBERG SECRETARY 4.00 X X 0 0 0 STEPHANIE BERGSMA BOARD MEMBER 3.00 X 0 0 0 JOYCE GATTAS BOARD MEMBER 2.00 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 2.00 X 0 0 0 HEATHER BERGMAN BOARD MEMBER 3.00 X 0 0 0 AMY GINNOW BOARD MEMBER 2.00 X 0 0 0 KITTY WOLCOTT BOARD MEMBER 4.00 X 0 0 0 DAVID FUHRIMAN BOARD MEMBER 4.00 X 0 0 0 MATTHEW HALGREN BOARD MEMBER 1.00 X 0 0 0 SANDRA TIMMONS BOARD MEMBER 2.00 X 0 0 0 GUYLYN CUMMINS BOARD MEMBER 2.00 X 0 0 0 BARBARA LEE BOARD MEMBER 2.00 X 0 0 0 JOSEPH SCHUMAN BOARD MEMBER 2.00 X 0 0 0 LORIE HEARN EXECUTIVE DIRECTOR 40.00 X 95626 0 0 95626 0 0 0 0 0 0 0 1119925 9900 1119925 MISCELLANEOUS REVENUE 519100 1000 1000 1000 1543 1543 99 0 99 99 99 1122567 1099 0 1543 110947 87648 8321 14978 621924 491320 46644 83960 58580 46278 4394 7908 63562 50214 4767 8581 245 245 93721 71853 11455 10413 29578 29578 9594 6025 3166 403 41826 27814 11398 2614 13807 13255 552 4347 3304 391 652 29043 14715 11424 2904 BANK FEES 4777 48 4729 STORY ENTRY FEES 1333 1333 TAX & LICENSE 150 150 1083434 813807 107084 162543 44892 48222 409172 634830 640200 455000 656 0 29836 18992 9576 10844 24432 25416 702 2375 1129630 1176687 26704 34122 26704 34122 X 1015994 970009 65687 151311 21245 21245 1102926 1142565 1129630 1176687 39133 506 0 X 0 1 X 1 0 X 1015273 966646 655020 1520606 1177975 5335520 150 22194 44972 44018 1000 112334 1015423 988840 699992 1564624 1178975 5447854 138400 270200 232951 260185 315788 1217524 0 138400 270200 232951 260185 315788 1217524 4230330 236 755 804 1178 99 3072 236 755 804 1178 99 3072 5315 5315 1015659 989595 700796 1571117 1179074 5456241 0.77530 0.79890 0.00060 0.00070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24432 1229 245 25416 23130 1542 240 24432 20507 500 2339 216 23130 20000 745 -64 174 20507 1.00000 0 0 26931 18442 8489 2905 550 2355 10844 X 1178828 506 56000 56506 1122322 245 245 1122567 1139189 56000 56000 1083189 245 245 1083434 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, 2019, 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 GUYLYN CUMMINS AND MATTHEW HALGREN BOTH ARE BOARD MEMBERS 24087 GUYLYN CUMMINS AND MATTHEW HALGREN, BOARD MEMBERS, ARE BOTH 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 22768 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 IT'S DOCUMENTS AVAILABLE UPON REQUEST. ADDITIONAL INFORMATION: GUYLYN CUMMINS AND MATTHEW HALGREN, BOARD MEMBERS, ARE BOTH 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. CUMMINS RETIRED AT THE END OF 2018, BUT REPRESENTED THE ORGANIZATION IN A LAWSUIT UNTIL HER RETIREMENT AND PAYMENT WAS COVERED BY THEIR INSURANCE. THIS IS NOT REQUIRED TO BE DISCLOSED IN THE 990 BECAUSE THE PAYMENTS WERE PAID BY THE INSURANCE COMPANY BUT ARE DOING SO IN THE SPIRIT OF TRANSPARENCY.