First Draft News INC

New York, NYUnknown exempt organization EIN 83-3554102Latest return filed Mar 29, 2024

On file with the IRSfirstdraftnews.orgNew York, NY

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

To protect communities from harmful misinformation and to empower society with the knowledge, understanding, and tools needed to identify false and misleading information.

Form 990-EZ Part III, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-3554102) · Dispute this line
Run by 13 volunteers and 15 employees.
Mission: Form 990-EZ Part III · People: IRS e-file

Before you give

FY2023 · Form 990-EZIndependent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990-EZ
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $89K a year · 4% of revenue · last 3 filings
A surplus in 1 of the last 3 filings.
990-EZ Pt I · Ln 18 · 3 filings
Pay to officers and key staff
$104K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
990-EZ Pt IV
Named funders
1
named funder · $200K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
990-EZ Pt II · Ln 26
Revenue
$0
-100% vs prior year
Net assets
$0
By yearFY2020–FY2023
Revenue
$0
FY2023▼ -100%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.8M
FY2021$1.9M
FY2022$501K
FY2023$0
Expenses
—
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$2.3M
FY2022$1.5M
FY2023Not on file
Net assets
$0
FY2023▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$1.7M
FY2022$725K
FY2023$0

From the FY2023 Form 990 (year ending October 2023) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Who runs it and what they're paid

7 people listed on the 990-EZ; $104K paid to officers and key staff (Part VII, Section A).

990-EZ Part IV · reportable compensation
Thru 01/23, Consult. as of 02/23
$96,725990-EZ Pt IV
President
$7,500990-EZ Pt IV
$0990-EZ Pt IV
$0990-EZ Pt IV
Director
$0990-EZ Pt IV
$0990-EZ Pt IV
Director
$0990-EZ Pt IV

Compensation history total reportable pay by year · 8 named individuals · 990-EZ Part IV

NameFY2023FY2022FY2021FY2020
Justin Ross—$159,248$124,530—
Claire Wardle$7,500$109,492$157,490$149,237
Aimee Rinehart———$121,200
Justin Ross Treas Secret Op D$96,725———
Angela Matusik—$7,500$2,500—
Anusha Alikhan—$2,500$7,500—
Daniel Bramatti—$2,500$7,500—
Arnold Brown—$2,500$7,500—

Total reportable compensation (Form 990-EZ Part IV column (c) / 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.

See First Draft News INC executive salaries →

Programs and updates

Fights harmful misinformation and empowers people to identify false information.

Questions for First Draft News INC

Tap to ask. First Draft News INC sees how many people are interested.

Your first name shows with your question. First Draft News INC answers here, for everyone.

2 programs · $1.1M · in their own filed words · FY2022
01

Research and insights- first draft produced research and insights on misinformation affecting the news cycle and provided updates to journalists through an online community. First draft also produced resource guides and longer-form research on misinformation narratives, posted on the organization's website and through social media.

Form 990-EZ Part III, lines 28–30, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-3554102) · Dispute this line
$863Kprogram expense
02

Trainings

First draft held virtual training events, garnering views from attendees around the world including journalists, academics, researchers, health organizations, and others to provide training on information verification techniques. Many of first draft's training videos are available to the general public on youtube.

Form 990-EZ Part III, lines 28–30, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-3554102) · Dispute this line
$253Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2022
Ford FoundationFY2022$200K
Total grants receivedfrom 1 funder$200K
Grants paid · 1 grant · $50K · 2022–2022

By the numbers

The FY2023 990-EZ, line by line.

1The main four
Money in
$0
Owns and owes
$0
net assets
Liabilities$0
People
7
listed
Paid2
2In more detail
Revenue in detail
Total revenue$0
Assets in detailEnd of year
Liabilities$0
Net assets$0
Operations
Employees15
Volunteers13
Fiscal year endsOctober

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Mar 29, 2024 $0$0 990 PDF
FY2022Filed with the IRS Aug 22, 2023 $501K$1.5M−$972K$725K 990 PDF
FY2021Filed with the IRS Oct 31, 2022 $1.9M$2.3M−$389K$1.7M 990 PDF
FY2020Filed with the IRS Dec 20, 2021 $3.8M$2.2M$1.6M$2.1M 990 PDF

Schedules filed Part IV

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.