Eurasianet Inc
- Assets
- $682.2k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 05/2016
- Data as of
- 06/2022
- EIN
- 81-0691279
Organization Overview
Eurasianet Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Eurasianet Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eurasianet Inc 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 06/2022, Eurasianet Inc generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $943.7k during the year ending 06/2022. 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
EURASIANET IS AN INDEPENDENT NEWS ORGANIZATION THAT COVERS NEWS FROM AND ABOUT THE SOUTH CAUCASUS AND CENTRAL ASIA, PROVIDING ON-THE-GROUND REPORTING AND CRITICAL PERSPECTIVES ON THE MOST IMPORTANT DEVELOPMENTS IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EURASIANET IS AN INDEPENDENT NEWS ORGANIZATION WITH OVER TWO DECADES OF EXPERIENCE IN PUBLISHING ORIGINAL INFORMATION AND ANALYSIS ABOUT RUSSIA AND THE REST OF EURASIA, REACHING A GLOBAL AUDIENCE IN BOTH ENGLISH AND RUSSIAN. IN 2016, IT ESTABLISHED ITSELF AS AN INDEPENDENT, TAX-EXEMPT 501(C)3 NEWS ORGANIZATION. THE SAME YEAR EURASIANET ENTERED INTO A PARTNERSHIP AGREEMENT WITH COLUMBIA UNIVERSITY'S HARRIMAN INSTITUTE. EURASIANET CURRENTLY HAS A COMBINED READERSHIP TOTALING OVER 500,000 UNIQUE VISITORS PER MONTH, TAKING INTO ACCOUNT DIRECT TRAFFIC TO OUR WEBSITE AND OUR BRANDED SOCIAL MEDIA CHANNELS. EURASIANET HAS GARNERED NUMEROUS AWARDS, INCLUDING AN HONOR IN 2018 FROM THE WEBBY AWARDS FOR A SPECIAL FEATURE ABOUT 100THANNIVERSARY OF THE BOLSHEVIK REVOLUTION. THE WEBBIES ARE DESCRIBED AS THE OSCARS OF THE INTERNET. EARLIER, THE NEWS ORGANIZATION GARNERED A 2011 EPPY AWARD IN THE CATEGORY OF BEST NEWS WEBSITE WITH UNDER 250,000 UNIQUE VISITS PER MONTH, PRESENTED BY EDITOR & PUBLISHER MAGAZINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Burke Sec/ed | OfficerTrustee | 45 | $127,458 |
Jeffrey Trimble Board Chair | OfficerTrustee | 2 | $0 |
Paule Robitaille Treasurer | OfficerTrustee | 1 | $0 |
Alexander Cooley Left 12022 Director | Trustee | 1 | $0 |
Deirdre Tynan Left 42022 Director | Trustee | 1 | $0 |
Jo Weir Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,408 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,429,506 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,501,914 |
| Total Program Service Revenue | $0 |
| Investment income | $40 |
| 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 | $1,507,429 |
| 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. | $195,992 |
| Compensation of current officers, directors, key employees. | $53,831 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $178,129 |
| Pension plan accruals and contributions | $2,717 |
| Other employee benefits | $63,603 |
| Payroll taxes | $25,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,600 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $441,379 |
| Advertising and promotion | $0 |
| Office expenses | $18,254 |
| Information technology | $5,239 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,075 |
| 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 | $1,933 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $943,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,436 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $531,580 |
| 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 | $3,201 |
| Net Land, buildings, and equipment | $5,009 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $682,226 |
| Accounts payable and accrued expenses | $51,105 |
| 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 | $51,105 |
| Net assets without donor restrictions | $56,982 |
| Net assets with donor restrictions | $574,139 |
| 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 | $682,226 |