Fresnoland Media FY2020 filing

Tax-deductible

Fresno, CA501(c)(3)Arts & CultureEIN 83-0696156Revenue $286K in FY2020

On file with the IRSthefresnoland.com710 Van Ness Ave Suite 120 Pmb 113, 93721-2912 · Fresno, CATax-exempt since Aug 2018Publicly supported charity — 170(b)(1)(A)(vi)

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The specific and primary purposes for which this corporation is organized is to create and publish high-quality policy-focused journalism to educate the public on issues affecting Central California, and to do all things appropriate to further such purpose.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $52K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $296K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10K
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$286K
Spent
$249K
To programs
100%
Net assets
$54K
By yearFY2020–FY2024
Revenue
$286K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$286K
FY2021$568K
FY2022$399K
FY2023$796K
FY2024$691K
Expenses
$249K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$249K
FY2021$242K
FY2022$460K
FY2023$759K
FY2024$773K
Net assets
$54K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$54K
FY2021$381K
FY2022$320K
FY2023$357K
FY2024$275K

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $248K Management & general 0% · $163 Fundraising 0% · $590

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Fresnoland Media executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Creates and publishes journalism to educate the public on Central California issues.

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Provided by the organization

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3 programs · $248K · in their own filed words · FY2020
01

General Purpose

The specific and primary purposes for which this corporation is organized is to create and publish high-quality policy-focused journalism to educate the public on issues affecting Central California, and to do all things appropriate to further such purpose.

$99Kprogram expense
02

James Irvine Foundation

To research and write stories for the Fresnoland Lab at the Fresno Bee, for the period of June 2020 through May 2021.

$91Kprogram expense
03

Chan Zuckerberg Initiative

To support housing and land use coverage via the Impact Media & Measurement Fund, housed within the Central Valley Community Foundation.

$59Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$286K
Ln 12
Fees for servicesLn 2g$275K
Gifts and grantsLn 1h$11K
Money outPt IX
$249K
Ln 25
Programscol B$248K
Managementcol C$163
Fundraisingcol D$590
Owns and owesPt X
$54K
net assets · Ln 32
Cash and savingsLn 1–2$64K
Total assetsLn 16$64K
LiabilitiesLn 26$10K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11K
Fees for servicesLn 2g$275K
Gains on assetsLn 7$0
Total revenueLn 12$286K
Assets in detailPt X, end of year
CashLn 1$64K
SavingsLn 2$0
Cash and savings togetherLn 1–2$64K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$64K
LiabilitiesLn 26$10K
Net assetsLn 32$54K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$18K$64K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$18K$64K
LiabilitiesLn 26$1K$10K
Net assetsLn 32$17K$54K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$112K$112K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$2K$2K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$6K$6K
Management feesLn 11a$0
Legal feesLn 11b$138$138
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$25$25
Advertising and promotionLn 12$590$590
Office expensesLn 13$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$170$170
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$127K$127K
All other expensesLn 24e$0
Total functional expensesLn 25$249K$248K$163$590

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $691K$773K−$81K$275K 990 PDF
FY2023 $796K$759K$37K$357K 990 PDF
FY2022 $399K$460K−$60K$320K 990 PDF
FY2021 $568K$242K$327K$381K 990 PDF
FY2020 Viewing $286K$249K$37K$54K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $286,385 revenue, 12 lines filed
I-8 Contributions and grants$11,385
I-9 Program service revenue$275,000
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$286,385
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$119,042
I-16a Professional fundraising fees$0
I-17 Other expenses$130,160
I-18 Total expenses$249,202
I-19 Revenue less expenses$37,183
Part VI · Governance 0 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $286,385 across 9 lines filed
VIII-1f All other contributions, gifts and grants$11,385
VIII-1h Total contributions, gifts and grants$11,385
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $275,000$275,000
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $275,000$286,385
Part IX · Statement of functional expenses $249,202 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $111,519$111,519
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,723$1,723
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $5,800$5,800
IX-11a Management fees$0
IX-11b Legal feesManagement $138$138
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $25$25
IX-12 Advertising and promotionFundraising $590$590
IX-13 Office expensesPrograms $2,106$2,106
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $170$170
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $127,131$127,131
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $248,449 · Management $163 · Fundraising $590$249,202
Part X · Balance sheet $63,886 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $18,017$63,886
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $18,017$63,886
X-25 Other liabilitiesStart of year $1,336$10,022
X-26 Total liabilitiesStart of year $1,336$10,022
X-27 Net assets without donor restrictionsStart of year $16,681−$71,333
X-28 Net assets with donor restrictions$125,197
X-32 Total net assets or fund balancesStart of year $16,681$53,864
X-33 Total liabilities and net assetsStart of year $18,017$63,886
Part XI · Reconciliation of net assets $53,864 net assets at year end
XI-1 Total revenue$286,385
XI-2 Total expenses$249,202
XI-3 Revenue less expenses$37,183
XI-4 Net assets at start of year$16,681
XI-10 Net assets at end of year$53,864

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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