Bay Journal Media Inc
- Assets
- $454.9k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Mayo, MD
- Founding
- 12/2008
- Data as of
- 12/2022
- EIN
- 26-2359058
Organization Overview
Bay Journal Media Inc, operating under the name Bay Journal Fund, is located in Mayo, MD. The organization was established in 2008. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2022, Bay Journal Fund employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Journal Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Bay Journal Fund generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BAY JOURNAL MEDIA IS A NONPROFIT NEWS ORGANIZATION COVERING ENVIRONMENTAL ISSUES IN THE CHESAPEAKE BAY REGION. OUR MISSION IS TO PRODUCE AND EXPAND HIGH QUALITY, IN-DEPTH REPORTING ON ENVIRONMENTAL ISSUES AFFECTING THE CHESAPEAKE BAY WATERSHEAD. THE PRODUCTS ARE AVAILABLE FREE TO OUR READERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHESAPEAKE BAY JOURNAL PROVIDES INDEPENDENT ENVIRONMENTAL NEWS FOR THE CHESAPEAKE REGION. IT PUBLISHES THE BAY JOURNAL IN PRINT, VIA EMAIL AND ON ITS WEBSITE; PRODUCES PODCASTS, FILMS AND VIDEOS; PARTNERS WITH PUBLIC MEDIA; AND DISTRIBUTES CONTENT FOR FREE USE BY OTHER MEDIA THROUGHOUT AND BEYOND THE BAY REGION. OUR PRODUCTS AND ACTIVITIES REACH APPROXIMATELY 250,000 PEOPLE EVERY MONTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lara Lutz Executive Director | Officer | 40 | $100,000 |
Mary Barber President And Director | OfficerTrustee | 3 | $0 |
Bill Eichbaum Vice President And Director | OfficerTrustee | 1 | $0 |
Kim Coble Treasurer And Director | OfficerTrustee | 2 | $0 |
Donald Luzzatto Director And Secretary | OfficerTrustee | 0.5 | $0 |
Don Boesch Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $361,521 |
| All other contributions, gifts, grants, and similar amounts not included above | $677,855 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,039,376 |
| Total Program Service Revenue | $20,313 |
| Investment income | -$2,306 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,057,383 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,000 |
| Compensation of current officers, directors, key employees. | $10,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $467,285 |
| Pension plan accruals and contributions | $7,847 |
| Other employee benefits | $29,693 |
| Payroll taxes | $54,771 |
| Fees for services: Management | $24,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,923 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,589 |
| Advertising and promotion | $3,684 |
| Office expenses | $2,890 |
| Information technology | $14,367 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $594 |
| Insurance | $17,914 |
| All other expenses | $0 |
| Total functional expenses | $1,112,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,599 |
| Savings and temporary cash investments | $348,007 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $65,340 |
| Net Land, buildings, and equipment | $1,336 |
| Investments—publicly traded securities | $28,573 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $454,855 |
| Accounts payable and accrued expenses | $22,767 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,767 |
| Net assets without donor restrictions | $370,088 |
| Net assets with donor restrictions | $62,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $454,855 |