Religion News Foundation
- Assets
- $2.8m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Columbia, MO
- Founding
- 04/2017
- Data as of
- 06/2022
- 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 06/2022, 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 06/2022, Religion News Foundation generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $2.9m during the year ending 06/2022. 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
2022
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:
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Caldwell CEO And Publisher/secretary | OfficerTrustee | 40 | $175,419 |
Paul O'donnell Editor-In-Chief | 40 | $108,879 | |
Roxanne Stone Managing Editor | 40 | $104,705 | |
John Terrill Board Chair | OfficerTrustee | 2 | $0 |
Ken Chitwood Vice Chair | OfficerTrustee | 2 | $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 | $395,671 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,941,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,337,019 |
| Total Program Service Revenue | $302,341 |
| Investment income | $860 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $691 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$302 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,640,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $25,691 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $194,397 |
| Compensation of current officers, directors, key employees. | $44,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,041,860 |
| Pension plan accruals and contributions | $54,167 |
| Other employee benefits | $265,789 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,672 |
| Fees for services: Accounting | $71,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $939,470 |
| Advertising and promotion | $0 |
| Office expenses | $20,297 |
| Information technology | $79,056 |
| Royalties | $0 |
| Occupancy | $10,050 |
| Travel | $26,283 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,401 |
| Interest | $2,137 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,269 |
| Insurance | $20,129 |
| All other expenses | $3,929 |
| Total functional expenses | $2,888,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $285,439 |
| Savings and temporary cash investments | $348,506 |
| Pledges and grants receivable | $2,012,000 |
| Accounts receivable, net | $17,442 |
| 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 | $48,563 |
| Net Land, buildings, and equipment | $16,626 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $55,563 |
| Other assets | $0 |
| Total assets | $2,784,139 |
| Accounts payable and accrued expenses | $126,842 |
| Grants payable | $0 |
| Deferred revenue | $22,715 |
| 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 | $149,557 |
| Net assets without donor restrictions | $482,114 |
| Net assets with donor restrictions | $2,152,468 |
| 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 | $2,784,139 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Religion News Foundation has recieved totaling $1,303,486.
| Awarding Organization | Amount |
|---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: RELIGION NEWS SERVICE PROJECT | $1,245,000 |
Institute For Nonprofit News Beverly Hills, CA PURPOSE: INN DIRECT SUPPORT - 2021 COLUMBIA INTERN GRANT | $28,486 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: DEVELOP BUSINESS PLAN | $15,000 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Foundation Of Memphis Memphis, TN | $73,386,968 | $19,619,043 |
Baptist Missions Inc Germantown, TN | $8,771,577 | $761,820 |
The First Spoke Foundation Chicago, IL | $10,124,413 | $552,668 |
Catholic Foundation For The Archdiocese Of Dubuque Cedar Rapids, IA | $127,453,113 | $10,700,862 |
Bible League Foundation Crete, IL | $15,182,240 | $1,097,305 |
Chicago Southwest Development Corporation Chicago, IL | $14,735,476 | $67,891 |
Religion News Foundation Columbia, MO | $2,784,139 | $2,640,609 |
Calvin B Beach Trust 01-13620 Po Box Chicago, IL | $5,695,051 | $2,192,787 |
Church Of God Foundation Inc Cleveland, TN | $42,707,821 | $2,900,531 |
Catholic Foundation Of Oklahoma Inc Oklahoma City, OK | $82,819,268 | $6,647,191 |
Bellevue Foundation Inc Cordova, TN | $4,434,633 | $1,873,411 |
Apostolic Christian Counseling And Family Services Inc Morton, IL | $2,415,352 | $1,859,665 |