Jewish News Service Inc
- Assets
- $9.1m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 10
- Location
- Newton Centre, MA
- Founding
- 01/2012
- Data as of
- 12/2023
- EIN
- 45-0949784
Organization Overview
Jewish News Service Inc is located in Newton Centre, MA. The organization was established in 2012. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Jewish News Service Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish News Service Inc 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 12/2023, Jewish News Service Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $3.6m during the year ending 12/2023. While expenses have increased by 28.4% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OJEWISH NEWS SERVICE, INC. ("JNS") WAS ORGANIZED AS A NON-PROFIT CORPORATION UNDER THE GENERAL LAWS OF MASSACHUSETTS AND IS AN INDEPENDENT BUSINESS RESOURCE AND SYNDICATION SERVICE COVERING JEWISH NEWS AND ISRAEL NEWS FOR JEWISH AND OTHER MEDIA THROUGHOUT THE ENGLISH-SPEAKING WORLD. JNS PROVIDES OBJECTIVE, NON-PARTISAN REPORTING FROM JEWISH COMMUNITIES THROUGHOUT THE UNITED STATES, EUROPE, SOUTH AMERICA, SOUTH AFRICA, AND AUSTRALIA, AS WELL AS A WIDE ARRAY OF ISRAELI NEWS. JNS ALSO PROVIDES A RICH ASSORTMENT OF PHOTOS AND ART, CULTURAL NEWS, FEATURES, AND COMMENTARY WHICH CAN BE PUBLISHED BY SUBSCRIBERS TO INFORM AND EDUCATE THEIR READERS ABOUT JUDAISM AND ISRAEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JNS MAINTAINS A WEBSITE THAT IS UPDATED AT LEAST DAILY, AS NECESSARY, AND ENGAGES DOZENS OF REPORTERS, FREELANCE WRITERS, EDITORS, VIDEOGRAPHERS, PODCASTERS AND GRAPHIC DESIGNERS. JNS PRODUCES 35 STORIES DAILY AND ATTRACTS 500,000 VISITS MONTHLY TO ITS WEBSITE. CONTENT IS SYNDICATED TO 90+ PUBLICATIONS AND WEBSITES. THE MONTHLY REACH IS APPROXIMATELY 5 MILLION READERS, LISTENERS AND VIEWERS. JNS PRODUCES NUMEROUS VIDEO SHOWS THAT REGULARLY APPEAR ON ITS YOUTUBE CHANNEL, RESULTING IN 15+MILLION VIDEO VIEWS IN THE SIX MONTHS FOLLOWING OCT. 7, 2023. JNS HAS A VIBRANT SOCIAL MEDIA PRESENCE ON FACEBOOK, X (FORMERLY TWITTER), INSTAGRAM AND WHATSAPP. ITS DAILY NEWSLETTER, THE DAILY SYNDICATE, REACHES 100,000 READERS EVERY DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua W Katzen President And Chairman | OfficerTrustee | 10 | $0 |
Amelia Katzen Vice President & Clerk | OfficerTrustee | 15 | $0 |
Russel Pergament Vice President | OfficerTrustee | 10 | $0 |
Daniel Farb Treasurer | OfficerTrustee | 10 | $0 |
Ruth Wisse Director | Trustee | 10 | $0 |
Raphael Shore Director | Trustee | 10 | $218,591 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Raphael Shore Management Consulting Services | 12/30/23 | $218,591 |
Jonathan Tobin Editorial | 12/30/23 | $138,750 |
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 | $3,292,955 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,292,955 |
| Total Program Service Revenue | $186,780 |
| Investment income | $139,674 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $132,966 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,760,139 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,799,374 |
| Compensation of current officers, directors, key employees. | $826,144 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,835 |
| Fees for services: Accounting | $57,852 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,112 |
| Advertising and promotion | $171,934 |
| Office expenses | $0 |
| Information technology | $216,270 |
| Royalties | $0 |
| Occupancy | $95,790 |
| Travel | $117,692 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,515 |
| Interest | $22,126 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,120 |
| All other expenses | $0 |
| Total functional expenses | $3,613,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $499,840 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $485,891 |
| Accounts receivable, net | $0 |
| 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 | $31,867 |
| Net Land, buildings, and equipment | $14,485 |
| Investments—publicly traded securities | $7,892,862 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,930 |
| Other assets | $125,351 |
| Total assets | $9,064,226 |
| Accounts payable and accrued expenses | $143,212 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $974 |
| Total liabilities | $144,186 |
| Net assets without donor restrictions | $8,404,385 |
| Net assets with donor restrictions | $515,655 |
| 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 | $9,064,226 |