Civic Intelligence

Kurt Schork Memorial Fund

EIN 31-1759459 • 501(c)3 • Washington, DC

Profile

The organization has been created in honor of kurt schork, an american jouornalist who was killed while on assignment in may 2000. The organization will annually award $10,000 of journalism scholarships.

4441 Macarthur Blvd NWWashington, DC 20007

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.05x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.50x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

78%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$704,600

Up $343,786 (+95%) from 2022

Liabilities

$38,131

No earlier filing loaded for comparison.

Net Assets

Up

$666,469

Up $305,655 (+85%) from 2022

Revenue

Up

$75,535

Up $49,535 (+191%) from 2022

Expenses

Up

$48,771

Up $28,052 (+135%) from 2022

Net Income

Up

$26,764

Up $21,483 (+407%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $372,295Net Assets 2010: $372,2952010Assets 2013: $306,044Net Assets 2013: $306,0442013Assets 2014: $395,080Net Assets 2014: $395,0802014Assets 2016: $423,338Net Assets 2016: $423,3382016Assets 2018: $446,693Net Assets 2018: $446,6932018Assets 2020: $381,167Net Assets 2020: $381,1672020Assets 2022: $360,814Net Assets 2022: $360,8142022Assets 2024: $704,600Liabilities 2024: $38,131Net Assets 2024: $666,4692024

Highlighted filing

2024

Assets$704,600
Liabilities$38,131
Net Assets$666,469

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $25,020Expenses 2010: $50,823Net Income 2010: -$25,8032010Revenue 2013: $10,000Expenses 2013: $31,882Net Income 2013: -$21,8822013Revenue 2014: $10,000Expenses 2014: $32,923Net Income 2014: -$22,9232014Revenue 2016: $84,990Expenses 2016: $30,811Net Income 2016: $54,1792016Revenue 2018: $87,900Expenses 2018: $35,612Net Income 2018: $52,2882018Revenue 2020: $0Expenses 2020: $29,175Net Income 2020: -$29,1752020Revenue 2022: $26,000Expenses 2022: $20,719Net Income 2022: $5,2812022Revenue 2024: $75,535Expenses 2024: $48,771Net Income 2024: $26,7642024

Highlighted filing

2024

Revenue$75,535
Expenses$48,771
Net Income$26,764

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 14, 2025
Return Version
2024v5.2
Gross Receipts
$79,299
Mission and Program Overview

Mission

The organization has been created in honor of kurt schork, an american jouornalist who was killed while on assignment in may 2000. The organization will annually award $10,000 of journalism scholarships.

Programs to recognize the work of journalists in developing countries, including scholarships awards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$631,421$698,603▲ $67,182
Cap Stk Tr Prin Current Funds$640,028$666,469▲ $26,441
Cash and Non-Interest-Bearing Accounts$8,607$5,997▼ $2,610
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$640,028$704,600▲ $64,572
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$38,131-
Total Liabilities$0$38,131▲ $38,131
Net Assets / Fund Balance
Total Net Assets Fund Balance$640,028$666,469▲ $26,441
Total Liabilities and Net Assets / Fund Balance$640,028$704,600▲ $64,572
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sabina CosicPresident
Stephen JukesVice President
Anthony LoydvDirector
Chris SchorkDirector
John SchorkDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000
Program Service Revenue
$0
Investment Income
$74,535
Other Revenue
$0
All Other Contributions
$1,000
Change in Net Assets
$26,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,971
Grants and Similar Amounts Paid$16,800
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$19,853$2,760-$22,613
Foreign Grants$16,800--$16,800
Fees for Services Accounting-$5,000-$5,000
Fees for Services Legal-$2,880-$2,880
Information Technology$1,117--$1,117
Other Expenses$361--$361
Total Functional Expenses$38,131$10,640$0$48,771
International Activity

International Summary

Spending
$39,247

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Great BritainCompetitionsCompetitions00$39,247
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Kurt Schork Memorial Fund
EIN
31-1759459
Phone
5712482860
Address
4441 MACARTHUR BLVD NW, WASHINGTON, DC 20007

Signing Officer

Name
Sabina Cosic
Title
President
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sabina Cosic
Formed
2001
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
0
Employees
0

Preparer

Firm
Poornima S Mathur CPA Pc
Address
15000 WESTON PARKWAY, CARY, NC 27513
Preparer
Poornima Mathur
Phone
9197271199
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Discrepancy in account statements and year-end 1099 = -$69

Form 990, Part XI, Line 9

Foreign Taxes Paid = -$393

Form 990, Part XI, Line 9

Return of Principal = $139

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IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: The Foundation remains publicly supported in 2024 as described in Treas. Reg. 1.170A-9(f)(3) for the following reasons: 1.The Foundation received more than 33 1/3 of support from contributions made directly from the general public normally in the preceding tax year on an aggregate basis. Reg. 1.170A-9(f)(3)(i); 9(f)(4)(i) 2.The organization serves the journalism community of international correspondents. Each year, the Fund reaches out to six renowned names in journalism and asks them to donate their time while judging the competition?s entries. There are no other awards that specifically reward freelance and local journalists, as well as fixers (a relatively recent addition).The Foundation organizes award ceremonies for audiences ranging from 200 to 600 people, streaming, and making available on YouTube. Each award ceremony featured a roundtable discussion, hosted by well-known journalists, such as Christiane Amanpour of CNN, Jeremy Bowen and Stephen Sackur of BBC and many others. It is a unique award that cannot be found anywhere else in the world. 3.The organization appeals to a particular community - journalism (in particular foreign correspondents). The organization was founded following the death of journalist Kurt Schork, and is supported by individuals and other organizations in the field. It does not receive most of its support from the members of a single family. 4.The organization has a governing body which is comprised of persons having special knowledge or expertise in the particular field in which the organization is operating. The Foundation includes notable board members are: Anthony Loyd, a distinguished foreign correspondent for the Times newspaper in the UK, as well as Stephen Jukes, a long-term Reuters correspondent and executive, who spearheaded the effort to create a fund in Kurt?s name. 5.Members of the public having special knowledge or expertise in the field participate in award grants which the organization makes.
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt029760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt078047
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt028415
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0241589
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt071299
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt034068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt029760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt078047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt028415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0241589
IRS990ScheduleA/InvestmentIncomeCYPct00.89280
IRS990ScheduleA/InvestmentIncomePYPct00.87700
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.10720
IRS990ScheduleA/PublicSupportCY509Pct00.10720
IRS990ScheduleA/PublicSupportPY170Pct00.12300
IRS990ScheduleA/PublicSupportPY509Pct00.12300
IRS990ScheduleA/PublicSupportTotal170Amt029000
IRS990ScheduleA/PublicSupportTotal509Amt029000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt026000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/Total509Grp/TotalAmt029000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt026000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt029000
IRS990ScheduleA/TotalSupportAmt0270589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt072299
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt035068
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt055760
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt079047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt028415
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0270589
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt039247
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Great Britain
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Competitions
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Competitions
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt017292
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0Prize Money
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt04
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0Great Britain
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0Winner Awards
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0Cost
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt039247
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Actuals
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1Actuals
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2Prizes and expenses related to administering the grants
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt34
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 3f - Method of Accounting
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, Line 3f - Investments and Expenditures
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III, Line 1 - Estimated Number of Recipients
IRS990ScheduleF/TotalSpentAmt039247
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Discrepancy in account statements and year-end 1099 = -$69
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Foreign Taxes Paid = -$393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Return of Principal = $139
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0640028
IRS990/TotalAssetsEOYAmt0704600
IRS990/TotalAssetsGrp/BOYAmt0640028
IRS990/TotalAssetsGrp/EOYAmt0704600
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010640
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt038131
IRS990/TotalFunctionalExpensesGrp/TotalAmt048771
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt038131
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt038131
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0640028
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0666469
IRS990/TotalProgramServiceExpensesAmt038131
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt074535
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt075535
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0640028
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0704600
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt04441 MACARTHUR BLVD NW
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020007
IRS990/VotingMembersGoverningBodyCnt05

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