Economic Hardship Reporting Project
- Assets
- $1.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2023
- EIN
- 85-4054380
Organization Overview
Economic Hardship Reporting Project is located in Brooklyn, NY. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Economic Hardship Reporting Project employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Hardship Reporting Project 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, Economic Hardship Reporting Project generated $1.2m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. 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
EHRP SUPPORTS INDEPENDENT JOURNALISTS TO CREATE HIGH QUALITY STORIES ABOUT ECONOMIC INEQUITY. WE THEN PLACE THOSE STORIES IN MAINSTREAM MEDIA, MOBILIZING READERS TO FIGHT SYSTEMS PERPETUATING ECONOMIC INJUSTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ECONOMIC HARDSHIP REPORTING PROJECT (EHRP) IS A BEACON, AN OUTLET, AND A SUPPORT SYSTEM FOR INDEPENDENT JOURNALISTS WHO HAVE BEEN LAID OFF OR PAINFULLY UNDERPAID. OUR COMPELLING STORIES ILLUSTRATE THE SYSTEMS OF POWER THAT LEAD TO ECONOMIC INEQUALITY, CHANGING THE NARRATIVE THAT THOSE AT THE BOTTOM ARE TO BLAME FOR THEIR OWN STRUGGLES. WHILE LAYOFFS AND DOWNSIZING ARE HITTING LOWER-INCOME JOURNALISTS AND JOURNALISTS OF COLOR, EHRPS GRASSROOTS APPROACH ENSURES THAT MARGINALIZED VOICES ARE INCLUDED IN MAINSTREAM MEDIA OUTLETS.IN 2023, EHRP CO-PUBLISHED MORE THAN 150 PIECES APPEARING IN OUTLETS FROM THE NEW YORK TIMES TO TEEN VOGUE TO FAST COMPANY. THESE STORIES WERE RE-PRINTED OR SYNDICATED MORE THAN 200 TIMES, REACHING MILLIONS OF READERS, AND COVERED A WIDE RANGE OF MEDIA, INCLUDING PRINT, TELEVISION, RADIO, PHOTOGRAPHY, AND DOCUMENTARY FILMS.OCTOBER 2023 SAW THE PUBLICATION OF OUR ANTHOLOGY: GOING FOR BROKE, A COLLECTION OF ESSAYS ABOUT LIVING IN ECONOMIC PRECARITY IN AMERICA THAT ARE AT TURNS COMPELLING, UNEXPECTED, FUNNY, HUMAN, AND SURPRISING. WE ALSO PRODUCED THE SECOND SEASON OF ITS ACCOMPANYING PODCAST, HOSTED BY LONG-TIME EHRP CONTRIBUTOR RAY SUAREZ. REPRESENTATIVE EXAMPLES OF OUR WORK INCLUDE WILL THE U.A.W. TURN THE RUST BELT GREEN (THE NEW YORKER), PRISON PHONE FEES DRIVE POOR FAMILIES INTO DEBT. ARE THEY FINALLY COMING TO AN END? (MOTHER JONES), HOW AIR POLLUTION AND THE HOUSING CRISIS ARE CONNECTED (GRIST MAGAZINE), AND THE COLLAPSE OF THIS TEXAS HEALTH CARE PROGRAM IS PUTTING WOMENS LIVES IN DANGER (THE NATION).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alissa Quart Executive Dir. | Officer | 40 | $125,861 |
David Wallis Managing Dirc | Officer | 40 | $106,182 |
Sarah Safer President | OfficerTrustee | 1 | $0 |
Bruce Morrow Vice President | OfficerTrustee | 1 | $0 |
Nikhil Swaminathan Secretary | OfficerTrustee | 1 | $0 |
Matthew Annenberg Treasurer | OfficerTrustee | 1 | $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 | $1,214,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,214,406 |
| Total Program Service Revenue | $2,500 |
| Investment income | $7,285 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,224,191 |
| 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. | $266,432 |
| Compensation of current officers, directors, key employees. | $43,534 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,481 |
| Pension plan accruals and contributions | $8,134 |
| Other employee benefits | $62,770 |
| Payroll taxes | $27,369 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38 |
| Fees for services: Accounting | $60,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $560,089 |
| Advertising and promotion | $119,471 |
| Office expenses | $33,808 |
| Information technology | $10,672 |
| Royalties | $0 |
| Occupancy | $10,726 |
| Travel | $47,498 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,575 |
| Insurance | $10,590 |
| All other expenses | $0 |
| Total functional expenses | $1,334,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,819 |
| Savings and temporary cash investments | $695,080 |
| Pledges and grants receivable | $155,000 |
| 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 | $11,323 |
| Net Land, buildings, and equipment | $3,513 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,602 |
| Total assets | $1,016,337 |
| Accounts payable and accrued expenses | $101,266 |
| Grants payable | $0 |
| Deferred revenue | $73,333 |
| 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 | $10,933 |
| Total liabilities | $185,532 |
| Net assets without donor restrictions | $395,839 |
| Net assets with donor restrictions | $434,966 |
| 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 | $1,016,337 |