Journalism Funding Partners
- Assets
- $640.0k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- Data as of
- 12/2021
- EIN
- 84-2968843
Organization Overview
Journalism Funding Partners is located in Sacramento, CA. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Journalism Funding Partners 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 12/2021, Journalism Funding Partners generated $1.5m in total revenue. All expenses for the organization totaled $1.0m during the year ending 12/2021.
Since 2020, Journalism Funding Partners has awarded 13 individual grants totaling $1,402,231. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE THE DEPTH AND DIVERSITY OF LOCAL JOURNALISM BY BUILDING AND STEWARDING CONNECTIONS BETWEEN FUNDERS AND REPORTING, SERVING AS A BIRDGE AND A LEADER IN THE GROWING REALM OF PHILANTHROPY-SUPPORTED JOURNALISM
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCREASE THE DEPTH AND DIVERSITY OF LOCAL JOURNALISM BY BUILDING AND STEWARDING CONNECTIONS BETWEEN FUNDERS AND REPORTING, SERVING AS A BRIDGE AND A LEADER IN THE GROWING REALM OF PHILANTHROPY-SUPPORTED JOURNALISM
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry R Coats Executive Dir. | Trustee | 40 | $50,000 |
Gary Strong CFO | OfficerTrustee | 2 | $0 |
Orage Quarles Board Chair | OfficerTrustee | 2 | $0 |
Sheila Solomon Vice Chair | OfficerTrustee | 2 | $0 |
James Boren Secretary | OfficerTrustee | 2 | $0 |
Priscilla Enriquez Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,403,572 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,403,572 |
| Total Program Service Revenue | $46,481 |
| Investment income | $567 |
| 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 | $1,450,620 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $828,523 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,801 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $735 |
| Office expenses | $1,226 |
| Information technology | $450 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $589 |
| All other expenses | $1,046 |
| Total functional expenses | $1,001,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $640,025 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $640,025 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $45,000 |
| 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 | $45,000 |
| Net assets without donor restrictions | $595,025 |
| Net assets with donor restrictions | $0 |
| 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 | $640,025 |
Grants Awarded
Over the last fiscal year, Journalism Funding Partners has awarded $828,523 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SIJ HOLDINGS LLC PURPOSE: Targeted community journalism | $658,719 |
LEE ENTERPRISES INC PURPOSE: Targeted community journalism | $66,500 |
WILMINGTON STAR NEWS PURPOSE: Targeted community Journalism | $66,500 |
TIMES PUBLISHING CO PURPOSE: Targeted community journalism | $36,804 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Journalism Funding Partners has recieved totaling $352,795.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $145,000 |
Stanislaus Community Foundation Modesto, CA | | $120,000 |
United States Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE. | $60,000 |
Community Foundation Of Mahoning Valley Youngstown, OH PURPOSE: PROGRAM SUPPORT | $16,795 |
Rochester Area Community Foundation Rochester, NY PURPOSE: FOR JOURNALISM FUNDING PARTNERS | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leadingage California Sacramento, CA | $6,037,011 | $3,205,170 |
Southern California Employee Association Inc Fullerton, CA | $544,360 | $881,870 |
Journalism Funding Partners Sacramento, CA | $640,025 | $1,450,620 |
United States Federation Of Worker Cooperative Oakland, CA | $921,053 | $1,264,116 |
Downtown El Cajon Business Partners Inc El Cajon, CA | $870,124 | $624,329 |
Arizona Shrm State Council Cave Creek, AZ | $242,262 | $439,889 |
Northern Alliance Of Engineering Contractors Sacramento, CA | $182,581 | $225,871 |
Women In Hvacr Inc Phoenix, AZ | $295,512 | $273,299 |
San Luis Obispo Police Association San Luis Obispo, CA | $150,989 | $0 |
West Valley-Mission Classified Employee Association Saratoga, CA | $787,345 | $231,896 |
Academywomen San Jose, CA | $139,982 | $233,736 |
Techqueria Walnut, CA | $106,516 | $221,109 |