Borderless Magazine Nfp FY2021 filing

Tax-deductible

Chicago, IL501(c)(3)Since 2018Arts & CultureEIN 83-1266434Revenue $276K in FY2021

On file with the IRSborderlessmag.org4753 N Broadway, 60640-5266 · Chicago, ILTax-exempt since Jul 2019Publicly supported charity — 170(b)(1)(A)(vi)

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Borderless Magazine Nfp is a chicago-based nonprofit news outlet that is reimagining local immigration journalism for a more just and equitable future. We provide free, local and state news coverage to english and spanish speakers.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
$72K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $159K a year · 21% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$276K
+41% vs prior year
Spent
$275K
To programs
53%
Net assets
$132K
By yearFY2020–FY2025
Revenue
$276K
FY2021▲ +41%
Tap a bar for its year
Revenue by fiscal year
FY2020$196K
FY2021$276K
FY2022$481K
FY2023$499K
FY2024$1.2M
FY2025$1.3M
Expenses
$275K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$275K
FY2022$413K
FY2023$474K
FY2024$659K
FY2025$1.1M
Net assets
$132K
FY2021▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$131K
FY2021$132K
FY2022$200K
FY2023$224K
FY2024$723K
FY2025$923K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2019.

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

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $145K Management & general 23% · $64K Fundraising 24% · $66K

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

7 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$71,519Pt VII · Sec A
$0Pt VII · Sec A
Vice-President / Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Nissa Rhee’s $109K as Executive Dir. is at the 39th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Nissa Rhee$108,800$84,000$66,617$69,166$71,519$51,280
Michelle Kanaar———$67,214—$43,685

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aNo

Programs and updates

Reimagining immigration journalism for a more just and equitable future.

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Provided by the organization

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3 programs · $145K · in their own filed words · FY2021
01

Reporting

Published 183 deeply-reported stories about immigration in english, spanish. Benefited 107,500 people.

$144Kprogram expense
02

Immigration Reporting Lab

Provided training workshops and translation support to universities, news outlets, and professional journalism associations.

$740program expense
03

Pathways

Spent 1,000 hours mentoring about 450 students and young journalists of color.

Pt IX · col B

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 · FY2025
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$276K
Ln 12
Gifts and grantsLn 1h$264K
Fees for servicesLn 2g$12K
Money outPt IX
$275K
Ln 25
Programscol B$145K
Managementcol C$64K
Fundraisingcol D$66K
Owns and owesPt X
$132K
net assets · Ln 32
Cash and savingsLn 1–2$131K
Total assetsLn 16$132K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$264K
Noncash giftsLn 1g$1K
Fees for servicesLn 2g$12K
Total revenueLn 12$276K
Assets in detailPt X, end of year
CashLn 1$131K
Cash and savings togetherLn 1–2$131K
Total assetsLn 16$132K
LiabilitiesLn 26$0
Net assetsLn 32$132K
OperationsPt I, VI
EmployeesI 513
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$131K$131K
Total assetsLn 16$131K$132K
LiabilitiesLn 26$0$0
Net assetsLn 32$131K$132K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$72K$24K$24K$24K
Other salaries and wagesLn 7$122K$84K$6K$31K
Payroll taxesLn 10$17K$8K$1K$8K
Management feesLn 11a$45$45
Legal feesLn 11b$550$550
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$29K$23K$3K$3K
Advertising and promotionLn 12$5K$168$5K
Information technologyLn 14$2K$1K$779
Conferences, conventions and meetingsLn 19$758$315$278$165
InsuranceLn 23$6K−$5$6K
Other expenses (24a–d)Ln 24$13K$3K$10K$352
All other expensesLn 24e$1K$967$207$125
Total functional expensesLn 25$275K$145K$64K$66K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.3M$1.1M$200K$923K 990 PDF
FY2024 $1.2M$659K$498K$723K 990 PDF
FY2023 $499K$474K$25K$224K 990 PDF
FY2022 $481K$413K$68K$200K 990 PDF
FY2021 Viewing $276K$275K$1K$132K 990 PDF
FY2020 $196K$131K 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 FY2021 990 (6 parts)
Part I · Summary $276,450 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $195,344$264,000
I-9 Program service revenuePrior year $1,050$12,450
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $196,394$276,450
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $101,866$210,277
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $39,845$64,785
I-18 Total expensesPrior year $141,711$275,062
I-19 Revenue less expensesPrior year $54,683$1,388
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $276,450 across 5 lines filed
VIII-1f All other contributions, gifts and grants$264,000
VIII-1g Noncash contributions (included above)$1,120
VIII-1h Total contributions, gifts and grants$264,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,450$12,450
VIII-12 Total revenueRelated to mission $12,450 · Unrelated business $0 · Excluded from tax $0$276,450
Part IX · Statement of functional expenses $275,062 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $24,317 · Management $23,601 · Fundraising $23,601$71,519
IX-7 Other salaries and wagesPrograms $83,772 · Management $6,388 · Fundraising $31,388$121,548
IX-10 Payroll taxesPrograms $8,394 · Management $1,009 · Fundraising $7,807$17,210
IX-11a Management feesManagement $45$45
IX-11b Legal feesManagement $550$550
IX-11c Accounting feesManagement $7,143$7,143
IX-11g Other fees for servicesPrograms $22,943 · Management $3,000 · Fundraising $3,000$28,943
IX-12 Advertising and promotionPrograms $168 · Management $4,994$5,162
IX-14 Information technologyPrograms $1,226 · Management $779$2,005
IX-19 Conferences, conventions and meetingsPrograms $315 · Management $278 · Fundraising $165$758
IX-23 InsurancePrograms −$5 · Management $5,861$5,856
IX-24 Other expenses (24a–d)Programs $2,986 · Management $9,686 · Fundraising $352$13,024
IX-24e All other expensesPrograms $967 · Management $207 · Fundraising $125$1,299
IX-25 Total functional expensesPrograms $145,083 · Management $63,541 · Fundraising $66,438$275,062
Part X · Balance sheet $131,890 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $130,502$130,770
X-4 Accounts receivable$1,120
X-16 Total assetsStart of year $130,502$131,890
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $130,502$131,890
X-32 Total net assets or fund balancesStart of year $130,502$131,890
X-33 Total liabilities and net assetsStart of year $130,502$131,890
Part XI · Reconciliation of net assets $131,890 net assets at year end
XI-1 Total revenue$276,450
XI-2 Total expenses$275,062
XI-3 Revenue less expenses$1,388
XI-4 Net assets at start of year$130,502
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$131,890

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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