Religion News Foundation
- Assets
- $6.4m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Columbia, MO
- Founding
- 04/2017
- Data as of
- 06/2023
- EIN
- 31-1650883
Organization Overview
Religion News Foundation is located in Columbia, MO. The organization was established in 2017. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 06/2023, Religion News Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Religion News Foundation 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 06/2023, Religion News Foundation generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $3.0m during the year ending 06/2023. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE PUBLIC UNDERSTANDING OF RELIGION AND THE DEVELOPMENT OF RELIGION JOURNALISM
Describe the Organization's Program Activity:
EDITORIAL: ENHANCED RNS'S EDITORIAL EFFORTS BY FOCUSING ON BREAKING STORIES AND COVERAGE OF IMPORTANT ISSUES INCLUDING CHRISTIAN NATIONALISM, COVID-19, IMMIGRANT RELIGIOUS COMMUNITIES VOLUNTEERING AND IMPACTING THEIR COMMUNITIES, RACIAL JUSTICE, AND VOTER PARTICIPATION; ENHANCED COVERAGE ON THE BLACK CHURCH, CATHOLICISM, HINDUISM, NONBELIEVERS, AND PAGANISM/WICCA; CONTINUED RELIGION HUB ON THE RNS WEBSITE; CONTINUED AN AWARD-WINNING PODCAST, SAVED BY THE CITY AND BEGAN BUILDING A PLATFORM THAT INCLUDES ADDITIONAL PODCASTS; BEGAN A PARTNERSHIP WITH REPORT FOR AMERICA; AND CONTINUED PARTNERSHIPS WITH THE ASSOCIATED PRESS AND THE CONVERSATION USA, COLUMBIA UNIVERSITY/SCRIPPS HOWARD FOUNDATION/INN, INTERFAITH AMERICA, AND PUBLIC RELIGION RESEARCH INSTITUTE (PPRI); AND WON AWARDS, INCLUDING FROM RELIGION NEWS ASSOCIATION, THE RELIGION COMMUNICATORS COUNCIL, THE ASSOCIATED CHURCH PRESS, AND WILBUR AWARDS. AUDIENCE DEVELOPMENT: GREW WEBSITE TRAFFIC BY BETTER UNDERSTANDING THE RNS AUDIENCE TO DEVELOP A MORE LOYAL READERSHIP; ENLARGED RNS'S EMAIL LIST AND SOCIAL FOLLOWING; AND EXPANDED RNS'S DIGITAL FOOTPRINT, ACHIEVING MILESTONES IN WEB AND SOCIAL MEDIA. REVENUE GROWTH, DEVELOPMENT AND DIVERSIFICATION: GREW AND DIVERSIFIED RNS'S REVENUE THROUGH INITIATIVES INCLUDING DEVELOPING A PLATFORM FOR SMALL INDIVIDUAL AND MAJOR DONORS; EXPANDED FUNDRAISING OUTREACH TO FOUNDATIONS AND HIGH NET WORTH INDIVIDUALS. ORGANIZATIONAL DEVELOPMENT AND OPERATIONS: ALIGNED RNS/S PROCEDURES WITH NONPROFIT JOURNALISM BEST PRACTICES AND IMPROVED RNS'S TECHNOLOGICAL/WEB CAPACITY. IMPACT: ENHANCED RNS'S REACH BY TAKING INTO ACCOUNT OUR READERS' COMMENTS AND INCREASING CITATIONS AND REPUBLICATION IN OTHER PUBLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Caldwell CEO And Publisher | OfficerTrustee | 40 | $175,644 |
Besty Shirley Board Member | Trustee | 1 | $0 |
Steven Waldman Board Member | Trustee | 1 | $0 |
Thomas Levinson Board Member | Trustee | 1 | $0 |
Kim Won Board Member | Trustee | 1 | $0 |
Dave Roberson Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,260,479 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,260,479 |
| Total Program Service Revenue | $325,860 |
| Investment income | $57,294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $877 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,713 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,642,797 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $184,914 |
| Compensation of current officers, directors, key employees. | $22,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $990,573 |
| Pension plan accruals and contributions | $54,040 |
| Other employee benefits | $277,603 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,349 |
| Fees for services: Accounting | $69,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $353 |
| Fees for services: Other | $1,059,904 |
| Advertising and promotion | $22,527 |
| Office expenses | $6,835 |
| Information technology | $54,150 |
| Royalties | $0 |
| Occupancy | $9,466 |
| Travel | $47,460 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,345 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,380 |
| Insurance | $22,675 |
| All other expenses | $0 |
| Total functional expenses | $3,022,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,919,911 |
| Savings and temporary cash investments | $1,195,084 |
| Pledges and grants receivable | $2,193,608 |
| Accounts receivable, net | $29,381 |
| 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 | $60,608 |
| Net Land, buildings, and equipment | $14,650 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $28,379 |
| Other assets | $0 |
| Total assets | $6,441,621 |
| Accounts payable and accrued expenses | $175,740 |
| Grants payable | $0 |
| Deferred revenue | $16,348 |
| 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 | $192,088 |
| Net assets without donor restrictions | $358,207 |
| Net assets with donor restrictions | $5,891,326 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,441,621 |