Stanford Daily Publishing Corporation
- Assets
- $264.3k
- Revenue
- $442.2k
- Investments
- $0.0
- Employees
- 67
- Location
- Stanford, CA
- Founding
- 07/1973
- Data as of
- 06/2020
- EIN
- 94-2190221
Organization Overview
Stanford Daily Publishing Corporation is located in Stanford, CA. The organization was established in 1973. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Stanford Daily Publishing Corporation employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stanford Daily Publishing Corporation 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 06/2020, Stanford Daily Publishing Corporation generated $442.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $486.0k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO ACT AS A MAJOR SOURCE OF NEWS RELATING TO OR OF INTEREST TO THE STANFORD UNIVERSITY COMMUNITY AND TO PROVIDE AN EDUCATIONAL OPPORTUNITY TO STANFORD UNIVERSITY STUDENTS IN JOURNALISTIC WRITING, PHOTOGRAPHY AND BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PUBLISHES "THE STANFORD DAILY", A NEWSPAPER FOR THE STANFORD UNIVERSITY COMMUNITY. THE PURPOSE OF THE NEWSPAPER IS TO PROVIDE THE STANFORD UNIVERSITY COMMUNITY WITH A QUALITY NEWSPAPER AND TO PROVIDE STANFORD UNIVERSITY STUDENTS WITH PRACTICAL EXPERIENCE IN JOURNALISM, TECH, AND BUSINESS MANAGEMENT. THE STANFORD DAILY STAFF IS COMPRISED OF MORE THAN 200 STUDENT WRITERS, EDITORS, GRAPHIC ARTISTS, ENGINEERS, PHOTOGRAPHERS AND ADVERTISING STAFFERS. THE ORGANIZATION IS LED BY A BOARD OF DIRECTORS WITH A STUDENT AND RECENT GRADUATE MAJORITY. DAY TO DAY OPERATIONS ARE MANAGED BY THE PRESIDENT/EDITOR IN CHIEF, CHIEF OPERATING OFFICER, AND CHIEF TECHNOLOGY OFFICER, ALL OF WHOM ARE STUDENTS OR RECENT GRADUATES. THE NEWSPAPER IS DISTRIBUTED ON THE STANFORD CAMPUS AND IN THE SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Wang Chief Operating Officer | OfficerTrustee | 40 | $22,917 |
Holden Foreman Chief Technology Officer | OfficerTrustee | 20 | $10,888 |
Charles Curnin Editor In Chief | OfficerTrustee | 20 | $6,544 |
Erin Woo Editor In Chief | OfficerTrustee | 20 | $3,185 |
Julia Ingram Editorial Staffer At Large | OfficerTrustee | 1 | $1,050 |
Elizabeth Hafner Student At Large | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,034 |
| Investment income | $0 |
| 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 | $442,152 |
| Statement of Expenses | |
|---|---|
| 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. | $69,958 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $178,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,018 |
| Payroll taxes | $19,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,389 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,299 |
| Advertising and promotion | $0 |
| Office expenses | $28,224 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,559 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,988 |
| Insurance | $21,334 |
| All other expenses | $0 |
| Total functional expenses | $485,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,177 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,210 |
| 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 | $63,452 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $264,310 |
| Accounts payable and accrued expenses | $43,639 |
| Grants payable | $0 |
| Deferred revenue | $212,039 |
| 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 | $255,678 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $8,632 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Stanford Daily Publishing Corporation has recieved totaling $15,149.
| Awarding Organization | Amount |
|---|---|
Chester Kitchings Family Foundation Orlando, FL PURPOSE: GENERAL OPERATING | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $149 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
The Planetary Society Pasadena, CA | $9,508,979 | $4,905,895 |
Prevention Institute Oakland, CA | $12,910,812 | $7,921,442 |
Society For The Study Of Native Arts & Sciences Berkeley, CA | $8,524,775 | $6,247,781 |
Undercurrent Inc San Rafael, CA | $5,890,053 | $8,348,585 |
Solve Me Cfs Initiative Inc Glendale, CA | $1,880,953 | $2,192,325 |
Unreported Story Society Marina Del Ray, CA | $399,103 | $3,017,560 |
Truthout Sacramento, CA | $881,852 | $2,314,333 |
Heyday Berkeley, CA | $2,111,683 | $2,251,217 |
Capital & Main Los Angeles, CA | $794,047 | $1,843,155 |
University Of California Press Foundation Oakland, CA | $23,332,542 | $983,531 |
Center For Accessible Technology Berkeley, CA | $1,757,069 | $1,896,017 |