Jewish News Service Inc
- Assets
- $3.4m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 4
- Location
- Newton Centre, MA
- Founding
- 01/2012
- Data as of
- 12/2021
- 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 12/2021, Jewish News Service Inc employed 4 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 12/2021, Jewish News Service Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 25.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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 WIRE SERVICE COVERING JEWISH NEWS AND ISRAEL NEWS FOR JEWISH MEDIA THROUGHOUT THE ENGLISH-SPEAKING WORLD. JEWISH NEWS SERVICE, INC. PROVIDES OBJECTIVE, NON-PARTISAN REPORTING FROM JEWISH COMMUNITIES THROUGHOUT THE UNITED STATES, EUROPE, SOUTH AMERICA, SOUTH AFRICA, AUSTRALIA AND A WIDE ARRAY OF ISRAELI NEWS. JEWISH NEWS SERVICE, INC. ALSO PROVIDES A RICH ASSORTMENT OF PHOTOS AND ART, CULTURAL NEWS AND FEATURES, COMMENTARY, AND HOLIDAY-SPECIFIC EDITORIAL PACKAGES AROUND WHICH THEIR SUBSCRIBERS CAN SELL SEASONAL-THEMED ADVERTISING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JNS MAINTAINS A WEBSITE WITH NEWS THAT IS UPDATED DAILY, IF NECESSARY, AND ENGAGES DOZENS OF FREELANCE WRITERS, PHOTOGRAPHERS AND GRAPHIC DESIGNERS. JNS SUPPLIES APPROXIMATELY 100 SUBSCRIBER NEWSPAPERS AND WEBSITES, REPRESENTING A CIRCULATION OF NEARLY 1 MILLION, WITH ITS WEEKLY ELECTRONIC FEED OF NEWS BRIEFS, NEWS ARTICLES, ANALYSIS AND OPINION COLUMNS, AND FEATURE ARTICLES ABOUT SUBJECTS RELATING TO ISRAEL, THE MIDDLE EAST AND OTHER JEWISH TOPICS. JEWISH PRINT NEWSPAPERS IN 8 OF THE TOP 10 MAJOR METROPOLITAN AREAS IN THE U.S. ARE PUBLISHING JNS MATERIALS ON A REGULAR BASIS. ADDITIONALLY, JNS IS PROVIDING A DAILY FEED OF NEWS BRIEFS TO SUBSCRIBERS THAT HAVE ONLY AN ONLINE PRESENCE AND A NEED TO PROVIDE UP-TO-DATE NEWS, AND IT HAS A VIBRANT SOCIAL MEDIA PRESENCE ON FACEBOOK AND TWITTER, DESIGNED TO ATTRACT A YOUNGER DEMOGRAPHIC TO ITS UPDATED WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carin Smilk Managing Editor | Officer | 40 | $66,846 |
Sean Savage News Editor | Officer | 40 | $65,266 |
Dmitriy I Shapiro Correspondent | Officer | 40 | $45,000 |
Jackson Richman Correspondent | Officer | 40 | $8,077 |
Joshua W Katzen President | OfficerTrustee | 5 | $0 |
Amelia Katzen Treasurer & Clerk | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,577 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,745,128 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,783,705 |
| Total Program Service Revenue | $94,595 |
| Investment income | $56,969 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,228 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,947,644 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,200,483 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,806 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,213 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $357,283 |
| Advertising and promotion | $60,685 |
| Office expenses | $46,029 |
| Information technology | $50,583 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,519 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,621 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,910 |
| All other expenses | $0 |
| Total functional expenses | $1,886,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $294,264 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,028,124 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $89,000 |
| Total assets | $3,411,388 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,363 |
| Total liabilities | $5,363 |
| Net assets without donor restrictions | $3,406,025 |
| Net assets with donor restrictions | $0 |
| 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 | $3,411,388 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Jewish News Service Inc has recieved totaling $94,880.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $54,530 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $20,350 |
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $20,000 |
Peer Organizations
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|---|---|---|
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |
Ascend Learning Inc Brooklyn, NY | $10,949,837 | $20,246,927 |
Pike School Inc Andover, MA | $31,746,911 | $18,230,890 |
Workforce Development Corp New York, NY | $20,852,099 | $12,566,315 |
International School Of Brooklyn Brooklyn, NY | $6,521,944 | $15,095,239 |
Watershed Agricultural Council Of The New York City Watersheds Inc Walton, NY | $8,601,609 | $14,819,769 |
North Atlantic States Carpenters Labor Management Program Boston, MA | $29,841,142 | $12,688,057 |
Purpose Foundation Island Park, NY | $1,585,866 | $11,041,724 |
Together Education Inc New York, NY | $57,079,543 | $31,828,853 |
St Stephens School Corporation New York, NY | $22,745,119 | $12,506,958 |
Aids Community Resources Syracuse, NY | $5,910,589 | $11,647,992 |