Civic Intelligence

Free Press Action Fund

990 • Fiscal year 2016 • EIN 04-3771598

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

40 Main Street No 301Florence, MA 01062

(413) 585-1533

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.22x

Higher debt load relative to assets than 72% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.17x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Net Margin

79th percentile

26%

Higher net margin than 79% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

95th percentile

$147,864

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Asset Growth

94th percentile

64%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

110%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$677,446

Up $264,884 (+64%) from 2015

Net Assets

Up

$530,869

Up $231,507 (+77%) from 2015

Liabilities

Up

$146,577

Up $33,377 (+29%) from 2015

Revenue

Up

$884,719

Up $462,908 (+110%) from 2015

Expenses

Up

$653,212

Up $129,252 (+25%) from 2015

Net Income

Up

$231,507

Up $333,656 (+327%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $336,018Liabilities 2011: $121,308Net Assets 2011: $214,7102011Assets 2012: $213,014Liabilities 2012: $51,987Net Assets 2012: $161,0272012Assets 2013: $226,368Liabilities 2013: $15,911Net Assets 2013: $210,4572013Assets 2014: $488,967Liabilities 2014: $87,456Net Assets 2014: $401,5112014Assets 2015: $412,562Liabilities 2015: $113,200Net Assets 2015: $299,3622015Assets 2016: $677,446Liabilities 2016: $146,577Net Assets 2016: $530,8692016Assets 2017: $632,686Liabilities 2017: $345,095Net Assets 2017: $287,5912017Assets 2018: $408,513Liabilities 2018: $208,485Net Assets 2018: $200,0282018Assets 2019: $345,533Liabilities 2019: $128,089Net Assets 2019: $217,4442019Assets 2020: $756,821Liabilities 2020: $139,322Net Assets 2020: $617,4992020Assets 2021: $823,216Liabilities 2021: $182,615Net Assets 2021: $640,6012021Assets 2022: $1,020,741Liabilities 2022: $184,846Net Assets 2022: $835,8952022Assets 2023: $1,558,486Liabilities 2023: $320,759Net Assets 2023: $1,237,7272023Assets 2024: $1,154,697Liabilities 2024: $212,920Net Assets 2024: $941,7772024

Highlighted filing

2016

Assets$677,446
Liabilities$146,577
Net Assets$530,869

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $537,166Expenses 2011: $522,550Net Income 2011: $14,6162011Revenue 2012: $273,460Expenses 2012: $327,143Net Income 2012: -$53,6832012Revenue 2013: $360,684Expenses 2013: $311,254Net Income 2013: $49,4302013Revenue 2014: $536,724Expenses 2014: $345,670Net Income 2014: $191,0542014Revenue 2015: $421,811Expenses 2015: $523,960Net Income 2015: -$102,1492015Revenue 2016: $884,719Expenses 2016: $653,212Net Income 2016: $231,5072016Revenue 2017: $952,816Expenses 2017: $1,196,094Net Income 2017: -$243,2782017Revenue 2018: $947,806Expenses 2018: $1,035,369Net Income 2018: -$87,5632018Revenue 2019: $589,529Expenses 2019: $572,113Net Income 2019: $17,4162019Revenue 2020: $947,161Expenses 2020: $547,106Net Income 2020: $400,0552020Revenue 2021: $847,721Expenses 2021: $824,619Net Income 2021: $23,1022021Revenue 2022: $788,443Expenses 2022: $593,149Net Income 2022: $195,2942022Revenue 2023: $1,368,578Expenses 2023: $966,746Net Income 2023: $401,8322023Revenue 2024: $470,620Expenses 2024: $766,570Net Income 2024: -$295,9502024

Highlighted filing

2016

Revenue$884,719
Expenses$653,212
Net Income$231,507
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$884,719
Mission and Program Overview

Mission

Free press action fund fights for your rights to connect and communicate. We fight to save the free and open internet, curb runaway media consolidation, protect press freedom, and ensure diverse voices are represented in our media. We believe that change happens when people have a real voice in the political process. To that end, we mobilize our growing base of activists to sign petitions, meet with their elected officials, and attend rallies and town-hall meetings, to lobby in support of policies that serve their interests and against those that don't. We also craft policy proposals, conduct research, testify before congress and argue in court for policies that serve the public interest.

Free press action fund is a national, nonpartisan organization working to reform the media. Free press action fund educates its members and the general public on how a diverse and public service-oriented media system can strengthen american democracy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$7,031$340,000▲ $332,969
Cash and Non-Interest-Bearing Accounts$43,425$168,991▲ $125,566
Savings and Temporary Cash Investments$265,686$72,035▼ $193,651
Prepaid Expenses and Deferred Charges$1,420$1,420→ $0
Total Assets$412,562$677,446▲ $264,884
Other Assets Total$95,000$95,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$113,200$146,577▲ $33,377
Total Liabilities$113,200$146,577▲ $33,377
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,000$279,020▲ $274,020
Unrestricted Net Assets$294,362$251,849▼ $42,513
Total Net Assets Fund Balance$299,362$530,869▲ $231,507
Total Liabilities and Net Assets / Fund Balance$412,562$677,446▲ $264,884

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$95,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew WoodPolicy DirectorPT$20,643$127,221$147,864
Kimberly LongeyCOO, Asst Treas, Asst Secy-$10,567$129,855$140,422
Craig AaronPresident/CEOPT$26,916$111,459$138,375
S Derek TurnerResearch DirectorPT$21,575$88,305$109,880

Board Members and Trustees

NameTitle
D Benjamin ScottChair/director
Liza PikeDirector
Michael CoppsDirector
Alvaro BedoyaDirector (from 11/21/16)
Victor PickardDirector (from 11/21/16)
John NicholsDirector (through 12/15/16)
Kim GandyDirector (through 12/15/16)
Robert McchesneyDirector (through 12/15/16)
Olga DavidsonSecretary/director
Josh SilverTreasurer/director (through 12/15/16)
Revenue and Support

Revenue Composition

Contributions and Grants
$882,799
Program Service Revenue
$0
Investment Income
$1,920
Other Revenue
$0
All Other Contributions
$512,700
Change in Net Assets
$231,507

Audited Revenue Reconciliation

Revenue per Audited Statements
$884,719
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$884,719
Total Revenue per Form 990
$884,719
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$459,876
Other Expenses$193,336
Total Fundraising Expense$86,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$293,699$11,480$35,313$340,492
Occupancy$51,591$5,369$22,637$79,597
Fees for Services Other$43,853$580$4,043$48,476
Current Officers, Directors, Trustees, and Key Employees$28,792$6,477$10,420$45,689
Other Employee Benefits$35,901$1,244$4,174$41,319
Payroll Taxes$24,444$1,294$3,382$29,120
Information Technology$22,003$1,128$2,990$26,121
Office Expenses$17,019$397$1,620$19,036
Fees for Services Accounting$913$10,189$129$11,231
Travel$7,724$143$340$8,207
Pension Plan Contributions$434$1,411$1,411$3,256
Other Expenses$405$17$52$474
Fees for Services Legal$194--$194
Total Functional Expenses$526,972$39,729$86,511$653,212

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$653,212
Total Expenses per Audited Statements$653,212
Total Expenses per Form 990$653,212
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization has no committees that are authorized to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

Generally, an electronic copy of the form 990 is distributed to all members of the audit oversight committee (chair, treasurer, and assistant treasurer) which reviews it and the organization's financial statements during a meeting with the certified public accountant retained to prepare these documents. Once the audit oversight committee is satisfied with the accuracy of the information presented, a copy of the form 990 is sent to all board members prior to filing. Each year the entire governing body is offered the opportunity to meet with the organization's certified public accountant to review the audited financial statements and to discuss the financial management practices of the organization. This is an optional meeting designed to allow the governing body direct access to the cpa.

Form 990, Part VI, Section B, Line 12C

All officers, directors, trustees, and key employees are required to disclose annually interests that could give rise to conflicts. Signed documents are collected at the annual meeting of the governing body. If a real or perceived conflict is reported the procedures in the policy are followed.

Form 990, Part VI, Section B, Line 15

Each position at free press action fund has a pay range. Ranges are determined after review of comparability data, including compensation information received directly from peer organizations, compensation data from the federal government pay scale, and research on non-profit compensation conducted by guidestar, regional employer associations, and job postings. Management includes compensation data for all staff, including the executive director and key employees, in the annual budget that is reviewed and approved by the board of directors in advance of each fiscal year. A detailed memo outlining the organization's values around compensation, the highest and lowest paid employee and how compensation changes within any fiscal year is provided along with the budget. The board approves the budget in advance of each fiscal year. Compensation changes during any fiscal year are at the discretion of management, and must remain within the board approved budget. Mid-year changes to the ceo's compensation, if any must be reviewed and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

Free press action fund will provide copies of governing documents, conflict of interest policy and financial statements upon request and within 10 business days of any request.

Filing and Contact Details

Filer

Filer Name
Free Press Action Fund
EIN
04-3771598
Phone
4135851533
Address
40 MAIN STREET NO 301, FLORENCE, MA 01062

Signing Officer

Name
Kimberly Longey
Title
Chief Operating Officer
Phone
4135851533
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Longey
Formed
2003
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
6
Employees
22
Volunteers
64,011

Preparer

Firm
Calibre CPA Group Pllc
Address
7501 WISCONSIN AVENUE SUITE 1200, WEST, BETHESDA, MD 20814
Preparer
Subrina L Wood CPA
Phone
2023319880
Supplemental Narrative

Additional Explanations

Part III, Line 4A

Program work includes: education, organizing and mobilizing our members to advocate for better media, open technology and a healthier democracy. Areas of focus include network neutrality, online privacy, corporate and government surveillance, journalism, public media, media consolidation and media diversity, and government transparency and accountability. Accomplishments include: 1) continued to build a strong citizen movement for better media in the u.s by providing education, resources and networking opportunities for our members. Provided regular and timely information to members via email, website, social media and direct mail. Worked with more than 200 organizations and 64,000 individuals to oppose congressional efforts to overturn important fcc rulings that safeguard an accessible, affordable, and open internet. Our members took action more than 300,000 times to sign petitions and make phone calls to their elected leaders in washington. Secured financial support from 3,956 unique donors. 2) internet freedom: promoted policies that protect consumers, ensure universal access and encourage competition and innovation in the broadband marketplace. Educated consumers about pricing, competition, and service practices in the cable and wireless services industry. Exposed unfair trade practices and violations of net neutrality. Worked to defend the fcc's network neutrality rulings in the courts, in congress, and in the media. Advocated for a more comprehensive approach to restoring americans' online privacy. Monitored and analyzed presidential election candidate statements and proposals related to the internet and technology. 3) press freedom: worked to prevent further consolidation of media ownership and to promote policies that support pluralism and diversity. Exposed the negative impact of marginalization and suppression of independent voices. Promoted competitive, diverse and independent local media. Advocated for policies that sustain journalism. Exposed threats to journalists and freedom of expression. Launched an effort in new jersey to secure proceeds from the fcc's spectrum incentive auction to be invested in local journalism, community media and other projects that serve the public's information needs. Monitored and analyzed presidential election statements and actions related to media's coverage of campaign events, including treatment of journalists on the campaign trail.

Financial Statement Notes

PART X, LINE 2:

The organization accounts for income taxes in accordance with the accounting standards codification (asc) topic income taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The organization performed an evaluation of uncertain tax positions for the years ended december 31, 2016 and 2015, and determined that there were no matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status. As of december 31, 2016, the statute of limitations for tax years 2013 through 2015 remains open with the u.s. Federal jurisdiction and the state of massachusetts. It is the organization's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in unrelated business income tax expense.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR (THROUGH 12/15/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR (THROUGH 12/15/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (THROUGH 12/15/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER/DIRECTOR (THROUGH 12/15/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR (FROM 11/21/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR (FROM 11/21/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt11COO, ASST TREAS, ASST SECY
IRS990/Form990PartVIISectionAGrp/TitleTxt12RESEARCH DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13POLICY DIRECTOR
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IRS990/MissionDesc0FREE PRESS ACTION FUND FIGHTS FOR YOUR RIGHTS TO CONNECT AND COMMUNICATE. WE FIGHT TO SAVE THE FREE AND OPEN INTERNET, CURB RUNAWAY MEDIA CONSOLIDATION, PROTECT PRESS FREEDOM, AND ENSURE DIVERSE VOICES ARE REPRESENTED IN OUR MEDIA. WE BELIEVE THAT CHANGE HAPPENS WHEN PEOPLE HAVE A REAL VOICE IN THE POLITICAL PROCESS. TO THAT END, WE MOBILIZE OUR GROWING BASE OF ACTIVISTS TO SIGN PETITIONS, MEET WITH THEIR ELECTED OFFICIALS, AND ATTEND RALLIES AND TOWN-HALL MEETINGS, TO LOBBY IN SUPPORT OF POLICIES THAT SERVE THEIR INTERESTS AND AGAINST THOSE THAT DON'T. WE ALSO CRAFT POLICY PROPOSALS, CONDUCT RESEARCH, TESTIFY BEFORE CONGRESS AND ARGUE IN COURT FOR POLICIES THAT SERVE THE PUBLIC INTEREST.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ADVANCE TO RELATED ORGANIZATION
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2016, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2013 THROUGH 2015 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE STATE OF MASSACHUSETTS. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN UNRELATED BUSINESS INCOME TAX EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt095000
IRS990ScheduleD/TotalExpensesPerForm990Amt0653212
IRS990ScheduleD/TotalRevenuePerForm990Amt0884719
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0884719
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0653212
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM WORK INCLUDES: EDUCATION, ORGANIZING AND MOBILIZING OUR MEMBERS TO ADVOCATE FOR BETTER MEDIA, OPEN TECHNOLOGY AND A HEALTHIER DEMOCRACY. AREAS OF FOCUS INCLUDE NETWORK NEUTRALITY, ONLINE PRIVACY, CORPORATE AND GOVERNMENT SURVEILLANCE, JOURNALISM, PUBLIC MEDIA, MEDIA CONSOLIDATION AND MEDIA DIVERSITY, AND GOVERNMENT TRANSPARENCY AND ACCOUNTABILITY. ACCOMPLISHMENTS INCLUDE: 1) CONTINUED TO BUILD A STRONG CITIZEN MOVEMENT FOR BETTER MEDIA IN THE U.S BY PROVIDING EDUCATION, RESOURCES AND NETWORKING OPPORTUNITIES FOR OUR MEMBERS. PROVIDED REGULAR AND TIMELY INFORMATION TO MEMBERS VIA EMAIL, WEBSITE, SOCIAL MEDIA AND DIRECT MAIL. WORKED WITH MORE THAN 200 ORGANIZATIONS AND 64,000 INDIVIDUALS TO OPPOSE CONGRESSIONAL EFFORTS TO OVERTURN IMPORTANT FCC RULINGS THAT SAFEGUARD AN ACCESSIBLE, AFFORDABLE, AND OPEN INTERNET. OUR MEMBERS TOOK ACTION MORE THAN 300,000 TIMES TO SIGN PETITIONS AND MAKE PHONE CALLS TO THEIR ELECTED LEADERS IN WASHINGTON. SECURED FINANCIAL SUPPORT FROM 3,956 UNIQUE DONORS. 2) INTERNET FREEDOM: PROMOTED POLICIES THAT PROTECT CONSUMERS, ENSURE UNIVERSAL ACCESS AND ENCOURAGE COMPETITION AND INNOVATION IN THE BROADBAND MARKETPLACE. EDUCATED CONSUMERS ABOUT PRICING, COMPETITION, AND SERVICE PRACTICES IN THE CABLE AND WIRELESS SERVICES INDUSTRY. EXPOSED UNFAIR TRADE PRACTICES AND VIOLATIONS OF NET NEUTRALITY. WORKED TO DEFEND THE FCC'S NETWORK NEUTRALITY RULINGS IN THE COURTS, IN CONGRESS, AND IN THE MEDIA. ADVOCATED FOR A MORE COMPREHENSIVE APPROACH TO RESTORING AMERICANS' ONLINE PRIVACY. MONITORED AND ANALYZED PRESIDENTIAL ELECTION CANDIDATE STATEMENTS AND PROPOSALS RELATED TO THE INTERNET AND TECHNOLOGY. 3) PRESS FREEDOM: WORKED TO PREVENT FURTHER CONSOLIDATION OF MEDIA OWNERSHIP AND TO PROMOTE POLICIES THAT SUPPORT PLURALISM AND DIVERSITY. EXPOSED THE NEGATIVE IMPACT OF MARGINALIZATION AND SUPPRESSION OF INDEPENDENT VOICES. PROMOTED COMPETITIVE, DIVERSE AND INDEPENDENT LOCAL MEDIA. ADVOCATED FOR POLICIES THAT SUSTAIN JOURNALISM. EXPOSED THREATS TO JOURNALISTS AND FREEDOM OF EXPRESSION. LAUNCHED AN EFFORT IN NEW JERSEY TO SECURE PROCEEDS FROM THE FCC'S SPECTRUM INCENTIVE AUCTION TO BE INVESTED IN LOCAL JOURNALISM, COMMUNITY MEDIA AND OTHER PROJECTS THAT SERVE THE PUBLIC'S INFORMATION NEEDS. MONITORED AND ANALYZED PRESIDENTIAL ELECTION STATEMENTS AND ACTIONS RELATED TO MEDIA'S COVERAGE OF CAMPAIGN EVENTS, INCLUDING TREATMENT OF JOURNALISTS ON THE CAMPAIGN TRAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS NO COMMITTEES THAT ARE AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GENERALLY, AN ELECTRONIC COPY OF THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE AUDIT OVERSIGHT COMMITTEE (CHAIR, TREASURER, AND ASSISTANT TREASURER) WHICH REVIEWS IT AND THE ORGANIZATION'S FINANCIAL STATEMENTS DURING A MEETING WITH THE CERTIFIED PUBLIC ACCOUNTANT RETAINED TO PREPARE THESE DOCUMENTS. ONCE THE AUDIT OVERSIGHT COMMITTEE IS SATISFIED WITH THE ACCURACY OF THE INFORMATION PRESENTED, A COPY OF THE FORM 990 IS SENT TO ALL BOARD MEMBERS PRIOR TO FILING. EACH YEAR THE ENTIRE GOVERNING BODY IS OFFERED THE OPPORTUNITY TO MEET WITH THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANT TO REVIEW THE AUDITED FINANCIAL STATEMENTS AND TO DISCUSS THE FINANCIAL MANAGEMENT PRACTICES OF THE ORGANIZATION. THIS IS AN OPTIONAL MEETING DESIGNED TO ALLOW THE GOVERNING BODY DIRECT ACCESS TO THE CPA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. SIGNED DOCUMENTS ARE COLLECTED AT THE ANNUAL MEETING OF THE GOVERNING BODY. IF A REAL OR PERCEIVED CONFLICT IS REPORTED THE PROCEDURES IN THE POLICY ARE FOLLOWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH POSITION AT FREE PRESS ACTION FUND HAS A PAY RANGE. RANGES ARE DETERMINED AFTER REVIEW OF COMPARABILITY DATA, INCLUDING COMPENSATION INFORMATION RECEIVED DIRECTLY FROM PEER ORGANIZATIONS, COMPENSATION DATA FROM THE FEDERAL GOVERNMENT PAY SCALE, AND RESEARCH ON NON-PROFIT COMPENSATION CONDUCTED BY GUIDESTAR, REGIONAL EMPLOYER ASSOCIATIONS, AND JOB POSTINGS. MANAGEMENT INCLUDES COMPENSATION DATA FOR ALL STAFF, INCLUDING THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES, IN THE ANNUAL BUDGET THAT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS IN ADVANCE OF EACH FISCAL YEAR. A DETAILED MEMO OUTLINING THE ORGANIZATION'S VALUES AROUND COMPENSATION, THE HIGHEST AND LOWEST PAID EMPLOYEE AND HOW COMPENSATION CHANGES WITHIN ANY FISCAL YEAR IS PROVIDED ALONG WITH THE BUDGET. THE BOARD APPROVES THE BUDGET IN ADVANCE OF EACH FISCAL YEAR. COMPENSATION CHANGES DURING ANY FISCAL YEAR ARE AT THE DISCRETION OF MANAGEMENT, AND MUST REMAIN WITHIN THE BOARD APPROVED BUDGET. MID-YEAR CHANGES TO THE CEO'S COMPENSATION, IF ANY MUST BE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FREE PRESS ACTION FUND WILL PROVIDE COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST AND WITHIN 10 BUSINESS DAYS OF ANY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FREE PRESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0412106721
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RESEARCH AND EDUCATION ON MEDIA REFORM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(A)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt040 MAIN STREET SUITE 301
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FLORENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1507793
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2621356
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3200000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL COSTS, TIME STUDIES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL COSTS, TIME STUDIES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2ACTUAL COSTS, TIME STUDIES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3GRANT AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FREE PRESS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FREE PRESS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2FREE PRESS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3FREE PRESS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3B
IRS990ScheduleR/TransferFromOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.15$0.21$0.94$0.47$0.77$0.30
2023Detailed filing. Detailed filing data is available for this year.$1.56$0.32$1.24$1.37$0.97$0.40
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.18$0.84$0.79$0.59$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.82$0.18$0.64$0.85$0.82$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.76$0.14$0.62$0.95$0.55$0.40
2019Detailed filing. Detailed filing data is available for this year.$0.35$0.13$0.22$0.59$0.57$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.21$0.20$0.95$1.04$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.35$0.29$0.95$1.20$0.24
2016Detailed filing. Detailed filing data is available for this year.$0.68$0.15$0.53$0.88$0.65$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.11$0.30$0.42$0.52$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.09$0.40$0.54$0.35$0.19
2013Summary only. Only limited summary data is available for this year.$0.23$0.02$0.21$0.36$0.31$0.05
2012Summary only. Only limited summary data is available for this year.$0.21$0.05$0.16$0.27$0.33$0.05
2011Summary only. Only limited summary data is available for this year.$0.34$0.12$0.21$0.54$0.52$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)4 • $500k-$1M nonprofits