Civic Intelligence

Local Media Foundation

990 • Fiscal year 2020 • EIN 36-4427750

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 18, 2021

Organization ProfileWWW.LOCALMEDIA.ORG/FOUNDATION.ASPX
PO Box 450Lake City, MI 49651

(231) 839-8651

Siviq Scores

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

Liabilities / Assets

81st percentile

0.62x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.24x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

63rd percentile

10%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$381,964

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

96th percentile

135%

Faster asset growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

246%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$2,151,695

Up $1,234,522 (+135%) from 2019

Net Assets

Up

$828,218

Up $578,506 (+232%) from 2019

Liabilities

Up

$1,323,477

Up $656,016 (+98%) from 2019

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin63rd percentile

Revenue

Up

$5,522,543

Up $3,928,677 (+246%) from 2019

Expenses

Up

$4,944,037

Up $3,545,629 (+254%) from 2019

Net Income

Up

$578,506

Up $383,048 (+196%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $60,193Liabilities 2010: $49,598Net Assets 2010: $10,5952010Assets 2012: $165,126Liabilities 2012: $24,787Net Assets 2012: $140,3392012Assets 2013: $162,149Liabilities 2013: $8,092Net Assets 2013: $154,0572013Assets 2014: $88,193Liabilities 2014: $30,872Net Assets 2014: $57,3212014Assets 2015: $87,643Liabilities 2015: $55,722Net Assets 2015: $31,9212015Assets 2016: $80,057Liabilities 2016: $64,460Net Assets 2016: $15,5972016Assets 2017: $91,910Liabilities 2017: $46,618Net Assets 2017: $45,2922017Assets 2018: $1,081,567Liabilities 2018: $1,027,313Net Assets 2018: $54,2542018Assets 2019: $917,173Liabilities 2019: $667,461Net Assets 2019: $249,7122019Assets 2020: $2,151,695Liabilities 2020: $1,323,477Net Assets 2020: $828,2182020Assets 2021: $3,508,085Liabilities 2021: $3,051,026Net Assets 2021: $457,0592021Assets 2022: $4,498,915Liabilities 2022: $2,861,051Net Assets 2022: $1,637,8642022Assets 2023: $4,341,510Liabilities 2023: $2,093,760Net Assets 2023: $2,247,7502023Assets 2024: $6,345,849Liabilities 2024: $1,311,045Net Assets 2024: $5,034,8042024

Highlighted filing

2020

Assets$2,151,695
Liabilities$1,323,477
Net Assets$828,218
Open 2020 Filing

Operations Trend

Revenue Growth97th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $201,0812010Expenses 2012: $259,6672012Revenue 2013: $301,609Expenses 2013: $287,891Net Income 2013: $13,7182013Revenue 2014: $367,192Expenses 2014: $463,928Net Income 2014: -$96,7362014Revenue 2015: $398,016Expenses 2015: $423,416Net Income 2015: -$25,4002015Revenue 2016: $336,080Expenses 2016: $352,404Net Income 2016: -$16,3242016Revenue 2017: $488,163Expenses 2017: $458,468Net Income 2017: $29,6952017Revenue 2018: $469,833Expenses 2018: $460,871Net Income 2018: $8,9622018Revenue 2019: $1,593,866Expenses 2019: $1,398,408Net Income 2019: $195,4582019Revenue 2020: $5,522,543Expenses 2020: $4,944,037Net Income 2020: $578,5062020Revenue 2021: $2,006,681Expenses 2021: $2,375,692Net Income 2021: -$369,0112021Revenue 2022: $5,768,285Expenses 2022: $4,554,696Net Income 2022: $1,213,5892022Revenue 2023: $6,588,923Expenses 2023: $5,991,755Net Income 2023: $597,1682023Revenue 2024: $9,394,019Expenses 2024: $6,606,965Net Income 2024: $2,787,0542024

Highlighted filing

2020

Revenue$5,522,543
Expenses$4,944,037
Net Income$578,506
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 18, 2021
Return Version
2020v4.1
Gross Receipts
$5,522,543
Mission and Program Overview

Mission

The local media foundation's mission is to ensure a healthy future for local journalism, which is essential to a strong democracy, by reinventing business models for news.

The purpose of the foundation is to ensure a healthy future for local journalism, which is essential to a strong democracy, by reinventing business models for news.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$831,691$1,920,442▲ $1,088,751
Cash and Non-Interest-Bearing Accounts$51,217$200,682▲ $149,465
Accounts Receivable$34,265$27,814▼ $6,451
Land, Buildings, and Equipment, Net$0$2,302▲ $2,302
Prepaid Expenses and Deferred Charges-$455-
Total Assets$917,173$2,151,695▲ $1,234,522
Liabilities
Deferred Revenue$647,004$1,085,850▲ $438,846
Accounts Payable and Accrued Expenses$20,457$237,627▲ $217,170
Total Liabilities$667,461$1,323,477▲ $656,016
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$249,712$578,218▲ $328,506
Net Assets With Donor Restrictions-$250,000-
Total Net Assets Fund Balance$249,712$828,218▲ $578,506
Total Liabilities and Net Assets / Fund Balance$917,173$2,151,695▲ $1,234,522

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,302$1,605-
Compensation and Service Providers
Top Officer Pay92nd percentile

Board Members and Trustees

NameTitle
Liz WhiteChairwoman
Chris HendricksImmediate Pastchairman
Gordon BorrellFirst Vice Chair
Brock BerryDirector
Guy TasakaDirector
Jason MurrayDirector
Lisa BishopDirector
Mariah CraddickDirector
Samantha JohnstonDirector
Stephanie SlagleDirector
Nancy Cawley LaneCEO
John SmallChief Operating Officer
Chris WeatherlySecretary
Bob BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,464,399
Program Service Revenue
$1,050,470
Investment Income
$7,674
Other Revenue
$0
All Other Contributions
$4,464,399
Change in Net Assets
$578,506

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,522,543
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,522,543
Total Revenue per Form 990
$5,522,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,122,666
Salaries, Compensation, and Employee Benefits$821,371
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$329,517$376,796-$706,313
Other Employee Benefits$36,698$41,167-$77,865
Fees for Services Management$60,000--$60,000
Conferences and Meetings$48,775$794-$49,569
Payroll Taxes$13,761$23,432-$37,193
Travel$14,030--$14,030
Fees for Services Other$8,130$4,642-$12,772
Information Technology$7,275--$7,275
Fees for Services Legal$4,190$2,553-$6,743
Other Expenses$6,640$2,525-$2,525
Fees for Services Accounting-$750-$750
Depreciation Depletion-$606-$606
Advertising$165--$165
Total Functional Expenses$4,485,204$458,833$0$4,944,037

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,944,037
Total Expenses per Audited Statements$4,944,037
Total Expenses per Form 990$4,944,037
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

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
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Peter Newton Is a Former Board MemberConsulting ServicesNo$37,839
-Jim Brady Is a Board Member for Related Party LmaConsulting ServicesNo$37,705
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Members of the board of directors own companies that transact business with each other.”

Form 990, Part VI, Section A, Line 7A

“The foundation board members are appointed by the board of directors of local media association.”

Form 990, Part VI, Section A, Line 7B

“The local media association (lma) board of directors provides financial oversight to the lmf board and the lma board chair serves as the treasurer of the lmf board. Additionally, the lma board must approve certain things such as bylaws changes, dissolution and appointment of officers and directors.”

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

“The board or its representative receive a draft copy of the 990 for review before it is finalized and filed.”

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

“The board or its representative receive a draft copy of the 990 for review before it is finalized and filed.”

Form 990, Part VI, Section B, Line 15

“The compensation committee reviews the annual compensation of the ceo by reference to comparability data. The decisions of the compensation committee are documented in the ceo's personnel file.”

Form 990, Part VI, Section C, Line 18

“Any interested parties may obtain the noted documents upon request.”

Form 990, Part VI, Section C, Line 19

“Any interested parties may obtain the noted documents upon request.”

Filing and Contact Details

Filer

Filer Name
Local Media Foundation
EIN
36-4427750
Phone
2318398651
Address
PO BOX 450, LAKE CITY, MI 49651

Signing Officer

Name
Ms Nancy Cawley Lane
Title
CEO
Phone
2319322971
Signed
2021-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ms Nancy Cawley Lane
Formed
2001
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Weinlander Fitzhugh Pc
Address
601 BEECH ST, CLARE, MI 48617
Preparer
Corinna Scharf CPA
Phone
9893863481
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“Our increase was due to a number of factors: the launch of the covid-19 local news fund that raised over $1.74 million for local media companies, executing a covid-19 relief fund for local media organizations funded by facebook and the launch of three industry collaboratives that received heavy foundation funding.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InformationTechnologyGrp/TotalAmt07275
IRS990/InvestmentIncomeGrp/ExclusionAmt07674
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07674
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0148
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01605
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02302
IRS990/LandBldgEquipCostOrOtherBssAmt03907
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE LOCAL MEDIA FOUNDATION'S MISSION IS TO ENSURE A HEALTHY FUTURE FOR LOCAL JOURNALISM, WHICH IS ESSENTIAL TO A STRONG DEMOCRACY, BY REINVENTING BUSINESS MODELS FOR NEWS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt0249712
IRS990/NetAssetsOrFundBalancesEOYAmt0828218
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0249712
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0578218
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt041167
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036698
IRS990/OtherEmployeeBenefitsGrp/TotalAmt077865
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc2CREDIT CARD/BANK FEES
IRS990/OtherExpensesGrp/Desc3RENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03573
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21795
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32525
IRS990/OtherExpensesGrp/ProgramServicesAmt03786718
IRS990/OtherExpensesGrp/ProgramServicesAmt1169305
IRS990/OtherExpensesGrp/ProgramServicesAmt26640
IRS990/OtherExpensesGrp/TotalAmt03790291
IRS990/OtherExpensesGrp/TotalAmt1169505
IRS990/OtherExpensesGrp/TotalAmt28435
IRS990/OtherExpensesGrp/TotalAmt32525
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0376796
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0329517
IRS990/OtherSalariesAndWagesGrp/TotalAmt0706313
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023432
IRS990/PayrollTaxesGrp/ProgramServicesAmt013761
IRS990/PayrollTaxesGrp/TotalAmt037193
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0455
IRS990/PrincipalOfficerNm0MS NANCY CAWLEY LANE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0511110
IRS990/ProgramServiceRevenueGrp/BusinessCd1511110
IRS990/ProgramServiceRevenueGrp/BusinessCd2511110
IRS990/ProgramServiceRevenueGrp/BusinessCd3511110
IRS990/ProgramServiceRevenueGrp/BusinessCd4511110
IRS990/ProgramServiceRevenueGrp/Desc0BRANDED CONTENT
IRS990/ProgramServiceRevenueGrp/Desc1NEWSFUEL
IRS990/ProgramServiceRevenueGrp/Desc2SOLVING FOR CHICAGO
IRS990/ProgramServiceRevenueGrp/Desc3OKLAHOMA MEDIA CENTER
IRS990/ProgramServiceRevenueGrp/Desc4CHIEF DIGITAL CLUB
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0446711
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1261677
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2100034
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt378347
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt467693
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0446711
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1261677
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2100034
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt378347
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt467693
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FACEBOOK COVID-19 LOCAL NEWS RELIEF FUND PROVIDED GRANTS TO NEWS ORGANIZATIONS, MAINLY INDEPENDENT AND FAMILY-OWNED ENTITIES, INCLUDING MANY BLACK AND BROWN PUBLISHERS, IN ORDER TO HELP THEM STAY IN BUSINESS DURING THE HEIGHT OF THE GLOBAL PANDEMIC. THESE FUNDS OFTEN PAID FOR REPORTERS TO KEEP COMMUNITIES INFORMED ON ALL THINGS COVID-RELATED. THE FACEBOOK JOURNALISM PROJECT FUNDED THIS GRANT PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01492545
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0THE BRANDED CONTENT PROJECT, A PARTNERSHIP BETWEEN LOCAL MEDIA ASSOCIATION AND THE LOCAL MEDIA CONSORTIUM, WAS FUNDED BY MULTIPLE INVESTMENTS FROM THE FACEBOOK JOURNALISM PROJECT AND COMMENCED IN MARCH 2019. IT HAS SINCE LED MULTIPLE COHORTS OF ADVERTISING LEADERS FROM LARGE AND SMALL LOCAL MEDIA OUTLETS TO LEARN TOOLS AND METHODS FOR BRANDED/SPONSORED CONTENT DEVELOPMENT AND REVENUE SUCCESS. THE PROJECT NOW OFFERS PRE-BUILT, TOPIC-BASED BRANDED CONTENT MODULES THAT MEDIA OUTLETS CAN USE AS STARTER KITS FOR LOCAL CLIENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0379411
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0446711
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0951233
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0603759
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt017684
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt017723
IRS990/PYOtherExpensesAmt0722882
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01558459
IRS990/PYRevenuesLessExpensesAmt0195458
IRS990/PYSalariesCompEmpBnftPaidAmt0675526
IRS990/PYTotalExpensesAmt01398408
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01593866
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0578506
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0831691
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01920442
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0WE PROVIDE STIPENDS TO SUPPORT JOURNALISM PROJECTS THAT WOULD SERVE THE PUBLIC GOOD SUCH AS COVID INFORMATION IN LOCAL COMMUNITIES, EDUCATION, HEALTH ISSUES AND MORE. THESE WERE CAREFULLY MONITORED AND CAME WITH EXTENSIVE REPORTING REQUIREMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1WE RECEIVED CONTRIBUTIONS FROM BOARD MEMBERS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, #6
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, #11A
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0520914204
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LOCAL MEDIA ASSOCIATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt02302
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01605
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt03907
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04944037
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05522543
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02302
IRS990ScheduleD/TotalExpensesPerForm990Amt04944037
IRS990ScheduleD/TotalRevenuePerForm990Amt05522543
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05522543
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04944037
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt05000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt15000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt25000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt35000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt45000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt55000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt65000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt75000

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,151,695
Liabilities
$1,323,477
Net assets
$828,218
Revenue
$5,522,543
Expenses
$4,944,037
Net income
$578,506
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$1.31$5.03$9.39$6.61$2.79
2023Detailed filing. Detailed filing data is available for this year.$4.34$2.09$2.25$6.59$5.99$0.60
2022Detailed filing. Detailed filing data is available for this year.$4.50$2.86$1.64$5.77$4.55$1.21
2021Detailed filing. Detailed filing data is available for this year.$3.51$3.05$0.46$2.01$2.38$0.37
2020Detailed filing. Detailed filing data is available for this year.$2.15$1.32$0.83$5.52$4.94$0.58
2019Detailed filing. Detailed filing data is available for this year.$0.92$0.67$0.25$1.59$1.40$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.08$1.03$0.05$0.47$0.46$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.09$0.05$0.05$0.49$0.46$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.06$0.02$0.34$0.35$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.06$0.03$0.40$0.42$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.03$0.06$0.37$0.46$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$0.30$0.29$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.02$0.14$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.05$0.01$0.20