Coachella Valley Journalism Foundation is located in Palm Springs, CA. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coachella Valley Journalism Foundation 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 06/2024, Coachella Valley Journalism Foundation generated $86.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $82.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION IS RAISING MONEY TO SAVE THE OPINION PAGES AT THE DESERT SUN. THE FOUNDATION BELIEVES THE LOSS OF THIS FORUM WOULD BE A SIGNIFICANT BLOW TO CIVIC DIALOGUE IN OUR COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricardo Loretta Vice Preside | 2 | $0 | |
Randy Lovely President | 10 | $0 | |
Julie Makinen Secretary/tr | 10 | $0 | |
Cary Brazeman Board Member | 2 | $0 | |
Ken Chavez Board Member | 2 | $0 | |
Christine Hughes Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,025 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,028 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,391 |
| Other expenses | $39,014 |
| Total expenses | $82,905 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,702 |
| Other assets | $0 |
| Total assets | $25,702 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,702 |