Americas Newspapers FY2020 filing

Not tax-deductible

Tallahassee, FL501(c)(6)Employment EIN 84-3088949Revenue $1.3M in FY2020

On file with the IRSnewspapers.org2615 Centennial Blvd Ste 200, 32308-0592 · Tallahassee, FLTax-exempt since Nov 2020

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To represent, promote and advance the interest of those in the newspaper industry

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$508K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
5 of 5
filings with a surplus
Average surplus $137K a year · 9% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$508K
to officers and key staff · 44% of spending
Concern: pay to officers and key staff is 44% of spending; over 30%.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 4.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
Spent
$1.1M
Net assets
$486K
By yearFY2020–FY2024
Revenue
$1.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.1M
FY2022$1.8M
FY2023$1.7M
FY2024$1.6M
Expenses
$1.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$1.5M
FY2023$1.6M
FY2024$1.5M
Net assets
$486K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$486K
FY2021$520K
FY2022$780K
FY2023$912K
FY2024$1.0M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2020.

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

Who runs it and what they're paid

28 people listed on the 990; $508K paid to officers and key staff.

Part VII, Section A · reportable compensation
$260,858Pt VII · Sec A
Director of Programming
$140,056Pt VII · Sec A
Chief Marketing Officer
$107,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Dean Ridings’s $287K as CEO is at the 96th percentile of top reported officer pay among 1245 $1–10M employment 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 · 4 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
Dean Ridings$287,032$312,602$264,036$260,858
Gregory Watson$146,206$130,527$117,500$107,500
Patty Slusher—$124,970$124,720$140,056
Patricia Slusher$133,792———

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 15aYes

Programs and updates

Advocates for and promotes the newspaper industry and its workers.

Questions for Americas Newspapers

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Provided by the organization

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1 program · in their own filed words · FY2020
01

America's newspapers provides research, education and practical information aimed at optimizing newspapers' business operations, deepening their community engagement and enhancing the quality of their journalism.

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$250K
Grants paid · 1 grant · $50K · 2023–2023

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$728K
Gifts and grantsLn 1h$540K
Other incomeLn 4–11$9K
Money outPt IX
$1.1M
Ln 25
Owns and owesPt X
$486K
net assets · Ln 32
Cash and savingsLn 1–2$436K
Total assetsLn 16$488K
LiabilitiesLn 26$2K
PeoplePt VI, VII
28
listed · VII A
PaidVII A3
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$540K
Fees for servicesLn 2g$728K
Other incomeLn 4–11$9K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$436K
Cash and savings togetherLn 1–2$436K
Land, buildings, equipmentLn 10c$6K
Total assetsLn 16$488K
LiabilitiesLn 26$2K
Net assetsLn 32$486K
OperationsPt I, VI
EmployeesI 57
VolunteersI 625
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$601K$436K
Land, buildings, equipmentLn 10c$10K$6K
Total assetsLn 16$724K$488K
LiabilitiesLn 26$371K$2K
Net assetsLn 32$352K$486K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$290K
Other salaries and wagesLn 7$435K
Pension plan contributionsLn 8$18K
Other employee benefitsLn 9$52K
Payroll taxesLn 10$46K
Legal feesLn 11b$30K
Accounting feesLn 11c$4K
Other fees for servicesLn 11g$13K
Advertising and promotionLn 12$15K
Office expensesLn 13$9K
Information technologyLn 14$13K
TravelLn 17$1K
Conferences, conventions and meetingsLn 19$185K
Depreciation, depletion and amortizationLn 22$5K
InsuranceLn 23$7K
Other expenses (24a–d)Ln 24$20K
Total functional expensesLn 25$1.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.6M$1.5M$125K$1.0M 990 PDF
FY2023 $1.7M$1.6M$132K$912K 990 PDF
FY2022 $1.8M$1.5M$260K$780K 990 PDF
FY2021 $1.1M$1.1M$34K$520K 990 PDF
FY2020 Viewing $1.3M$1.1M$134K$486K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,277,078 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$539,672
I-9 Program service revenuePrior year $330,426$728,141
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$9,265
I-12 Total revenuePrior year $330,426$1,277,078
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 $182,693$841,217
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $206,873$302,302
I-18 Total expensesPrior year $389,566$1,143,519
I-19 Revenue less expensesPrior year −$59,140$133,559
Part VI · Governance 25 of 25 board members independent, no flags
VI-1a Voting members of the governing body25
VI-1b Independent voting members25
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 $1,277,078 across 5 lines filed
VIII-1f All other contributions, gifts and grants$539,672
VIII-1h Total contributions, gifts and grants$539,672
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $728,141$728,141
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,265$9,265
VIII-12 Total revenueRelated to mission $737,406 · Unrelated business $0 · Excluded from tax $0$1,277,078
Part IX · Statement of functional expenses $1,143,519 across 16 lines filed
IX-5 Pay of current officers, directors and key staff$289,716
IX-7 Other salaries and wages$435,115
IX-8 Pension plan contributions$18,396
IX-9 Other employee benefits$51,789
IX-10 Payroll taxes$46,201
IX-11b Legal fees$29,825
IX-11c Accounting fees$3,534
IX-11g Other fees for services$13,042
IX-12 Advertising and promotion$15,125
IX-13 Office expenses$9,257
IX-14 Information technology$13,150
IX-17 Travel$1,355
IX-19 Conferences, conventions and meetings$185,270
IX-22 Depreciation, depletion and amortization$4,837
IX-23 Insurance$6,776
IX-24 Other expenses (24a–d)$20,131
IX-25 Total functional expenses$1,143,519
Part X · Balance sheet $488,273 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $601,079$436,099
X-9 Prepaid expenses and deferred chargesStart of year $35,429$40,830
X-10c Land, buildings and equipment, netStart of year $10,281$5,844
X-14 Intangible assetsStart of year $5,900$5,500
X-16 Total assetsStart of year $723,828$488,273
X-17 Accounts payable and accrued expensesStart of year $122,996$1,968
X-19 Deferred revenueStart of year $248,384$298
X-26 Total liabilitiesStart of year $371,380$2,266
X-27 Net assets without donor restrictionsStart of year $352,448$486,007
X-32 Total net assets or fund balancesStart of year $352,448$486,007
X-33 Total liabilities and net assetsStart of year $723,828$488,273
Part XI · Reconciliation of net assets $486,007 net assets at year end
XI-1 Total revenue$1,277,078
XI-2 Total expenses$1,143,519
XI-3 Revenue less expenses$133,559
XI-4 Net assets at start of year$352,448
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$486,007

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

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