Civic Intelligence

Freedom of the Press Foundation

EIN 46-0967274 • 501(c)3 • Brooklyn, NY

Profile

Freedom of the press foundation's mission is to support and defend journalism dedicated to transparency and accountability. It does this through a variety of means, including: 1)public advocacy on issues affecting press freedom, including government transparency, the right to publish, reporter's privilege, freedom of information act reform, the prosecution of whistleblowers, and digital security. 2)maintaining and developing open-source digital security tools, like securedrop, our open-source whistleblower submission system3)crowd-funding for independent news organizations, journalists, and digital security tools that journalists use to communicate with sources. 4)education on digital security tools journalists can use to communicate with sources, and legal rights for reporters 5)legal advocacy for transparency through foia requests, amicus briefs, and other avenues in court.

49 Flatbush Avenue 1017Brooklyn, NY 11217

www.freedom.press

Siviq Scores

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

Liabilities / Assets

18th percentile

0.04x

Higher debt load relative to assets than 18% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.15x

Higher debt load relative to revenue than 36% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2024

Net Margin

5th percentile

-38%

Higher net margin than 5% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$316,648

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

NTEE P • $10M-$25M nonprofits • Source year 2024

Asset Growth

14th percentile

-7.6%

Faster asset growth than 14% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-69%

Faster revenue growth than 1% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$21,453,873

Up $9,741,258 (+83%) from 2022

Liabilities

Down

$791,719

Down $98,570 (-11%) from 2022

Net Assets

Up

$20,662,154

Up $9,839,828 (+91%) from 2022

Operations
Liabilities / Revenue36th percentileNet Margin5th percentile

Revenue

Up

$5,247,546

Up $376,136 (+7.7%) from 2022

Expenses

Up

$7,218,824

Up $2,322,532 (+47%) from 2022

Net Income

Down

-$1,971,278

Down $1,946,396 (-7823%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$30M$20M$10M$0Assets 2015: $1,913,548Liabilities 2015: $62,640Net Assets 2015: $1,850,9082015Assets 2016: $1,883,453Liabilities 2016: $158,691Net Assets 2016: $1,724,7622016Assets 2017: $4,932,876Liabilities 2017: $219,609Net Assets 2017: $4,713,2672017Assets 2019: $2,929,473Liabilities 2019: $197,359Net Assets 2019: $2,732,1142019Assets 2020: $4,838,557Liabilities 2020: $681,843Net Assets 2020: $4,156,7142020Assets 2021: $12,319,058Liabilities 2021: $388,065Net Assets 2021: $11,930,9932021Assets 2022: $11,712,615Liabilities 2022: $890,289Net Assets 2022: $10,822,3262022Assets 2024: $21,453,873Liabilities 2024: $791,719Net Assets 2024: $20,662,1542024

Highlighted filing

2024

Assets$21,453,873
Liabilities$791,719
Net Assets$20,662,154
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $2,535,636Expenses 2015: $1,211,073Net Income 2015: $1,324,5632015Revenue 2016: $2,030,753Expenses 2016: $2,156,899Net Income 2016: -$126,1462016Revenue 2017: $5,949,008Expenses 2017: $2,960,503Net Income 2017: $2,988,5052017Revenue 2019: $2,705,458Expenses 2019: $4,158,131Net Income 2019: -$1,452,6732019Revenue 2020: $4,756,840Expenses 2020: $3,535,817Net Income 2020: $1,221,0232020Revenue 2021: $11,573,560Expenses 2021: $3,799,281Net Income 2021: $7,774,2792021Revenue 2022: $4,871,410Expenses 2022: $4,896,292Net Income 2022: -$24,8822022Revenue 2024: $5,247,546Expenses 2024: $7,218,824Net Income 2024: -$1,971,2782024

Highlighted filing

2024

Revenue$5,247,546
Expenses$7,218,824
Net Income-$1,971,278
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$21,453,873
Liabilities
$791,719
Net assets
$20,662,154
Revenue
$5,247,546
Expenses
$7,218,824
Net income
-$1,971,278
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$0.79$20.7$5.25$7.22$1.97
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$0.89$10.8$4.87$4.90$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$0.39$11.9$11.6$3.80$7.77
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$0.68$4.16$4.76$3.54$1.22
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.20$2.73$2.71$4.16$1.45
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.93$0.22$4.71$5.95$2.96$2.99
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.16$1.72$2.03$2.16$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.91$0.06$1.85$2.54$1.21$1.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 23, 2025
Return Version
2024v5.2
Gross Receipts
$6,635,622
Mission and Program Overview

Mission

Freedom of the press foundation's mission is to protect, defend, and empower public-interest journalism in the 21st century. It does this through a variety of means, including:1.) public advocacy on issues affecting press freedom, including government transparency, the right to publish, reporter's privilege, freedom of information act reform, the prosecution of whistleblowers, and digital security.2.) maintaining and developing open-source digital security tools, like securedrop, our open-source whistleblower submission system.3.) education on digital security tools journalists can use to communicate with sources, and legal rights for reporters.4.) legal advocacy for transparency through foia requests, amicus briefs, and other avenues in court.5.) crowd-funding for independent news organizations, journalists, and digital security tools that journalists use to communicate with sources.

To protect and defend press freedom in the 21st century

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,962,683$17,156,300▲ $15,193,617
Cash and Non-Interest-Bearing Accounts$6,345,403$2,066,887▼ $4,278,516
Pledges and Grants Receivable-$1,022,338-
Intangible Assets$961,569$569,363▼ $392,206
Prepaid Expenses and Deferred Charges$86,252$141,749▲ $55,497
Savings and Temporary Cash Investments$13,210,827$77,147▼ $13,133,680
Accounts Receivable$181,567$67,958▼ $113,609
Total Assets$23,221,014$21,453,873▼ $1,767,141
Other Assets Total$472,713$352,131▼ $120,582
Liabilities
Accounts Payable and Accrued Expenses$412,025$437,035▲ $25,010
Other Liabilities$461,989$335,205▼ $126,784
Deferred Revenue$16,896$19,479▲ $2,583
Total Liabilities$890,910$791,719▼ $99,191
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,186,647$18,219,404▼ $1,967,243
Net Assets With Donor Restrictions$2,143,457$2,442,750▲ $299,293
Total Net Assets Fund Balance$22,330,104$20,662,154▼ $1,667,950
Total Liabilities and Net Assets / Fund Balance$23,221,014$21,453,873▼ $1,767,141

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,933,459-▲ $141,793-$2,075,252
2023-$1,925,000▲ $8,459-$1,933,459
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Trevor TimmEd/board MemberFT$255,000$61,648$316,648
Louise BlackVice President of Dev. & Ops.FT$175,000$55,742$230,742
Harlo HolmesChief Information Security OfficerFT$170,000$43,037$213,037
Erik MoellerVice President of EngineeringFT$175,000$33,587$208,587
Seth SternDirector of AdvocacyFT$160,000$42,565$202,565
Kirstin MccuddenVice President of EditorialFT$170,000$32,546$202,546
Sophie HagenBoard Secretary/research ReporterFT$94,609$31,714$126,323

Board Members and Trustees

NameTitle
Rainey ReitmanPresident
Azmat KhanBoard Member
Edward SnowdenBoard Member
John CusackBoard Member
Katie DrummondBoard Member
Laura PoitrasBoard Member
Wesley LoweryBoard Member (until 3/2024)

Highest Paid Contractors

ContractorServicesLocationCompensation
Kevin O'gormanIt Consulting50 WASHINGTON ST, Westborough, MA 01581, Ca$161,472
Aafcpas INCAccountingYATES STREET, Victoria, BRITISH COLUMBIA, Ca$138,340
Rowen ShaneSoftware EngineeringAPARTADO 040078 EC BENFICA, Lisboa, PO$124,619
Francisco RochaSecuredrop Workstation WorkPO BOX 67442, Pallini, Gr$113,993
Alex PyrgiotisSoftware Services-$104,057
Revenue and Support

Revenue Composition

Contributions and Grants
$3,446,006
Program Service Revenue
$151,185
Investment Income
$1,649,098
Other Revenue
$1,257
All Other Contributions
$3,446,006
Change in Net Assets
$-1,971,278

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,219,746
Revenue Not Reported on Financial Statements
$27,800
Revenue Not Reported on Form 990
$303,328
Total Revenue per Audited Statements
$5,523,074
Total Revenue per Form 990
$5,247,546
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,054,544
Other Expenses$2,164,280
Total Fundraising Expense$619,328
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,883,748$317,190$341,577$3,542,515
Information Technology$1,025,696$8,670$16,478$1,050,844
Other Employee Benefits$443,944$54,088$80,912$578,944
Current Officers, Directors, Trustees, and Key Employees$347,973$47,498$47,498$442,969
Payroll Taxes$274,534$30,188$32,798$337,520
Fees for Services Other$205,680$47,694$31,039$284,413
Travel$134,905$10,401$25,858$171,164
Occupancy-$164,770-$164,770
Pension Plan Contributions$126,841$13,862$11,893$152,596
Fees for Services Accounting-$138,833-$138,833
Advertising$73,185$896$348$74,429
Office Expenses$57,871$5,398$8,414$71,683
Fees for Services Legal$36,442--$36,442
Fees for Service Investment Mgmnt Fees-$27,800-$27,800
Insurance-$3,145-$3,145
Other Expenses$46$4,458$5,254$46
Total Functional Expenses$5,722,598$876,898$619,328$7,218,824

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,218,824
Expenses per Audited Statements$7,191,024
Total Expenses per Audited Statements$7,191,024
Expenses Not Reported on Financial Statements$27,800
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
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Obligation$335,205
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The board of directors review the 990 before it is filed.”

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

“The organization requires all directors and officers to disclose any actual or potential conflicts of interest in writing on an annual basis and to make prompt disclosure at the outset of any meeting where relevant matters are considered. Individuals with a conflict of interest are required to recuse themselves from both discussion and voting on the matter. All such disclosures and recusals are recorded in the official minutes of the meeting.”

Form 990, Part VI, Section B, Line 15

“To determine the executive director's compensation the organization purchased two surveys of non-profit compensation data. The finance subcommittee reviewed the data and made a determination based on size of budget, location, and other factors to determine the executive director's salary. The executive director abstained from the discussion.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and audited financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Freedom of the Press Foundation
EIN
46-0967274
Phone
5109950780
Address
49 FLATBUSH AVENUE 1017, BROOKLYN, NY 11217

Signing Officer

Name
Trevor Timm
Title
Executive Director
Phone
9786180634
Signed
2025-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trevor Timm
Formed
2013
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
39
Volunteers
7

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Lauren Duplin CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Impairment of intangible assets -985.”

FORM 990, PART XII, LINE 2C:

“The audit committee is responsible for the selection of the accountants and oversight of the financial statement audit.”

Financial Statement Notes

PART X, LINE 2:

“Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The organization has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. The organization believes that income tax filing positions will be sustained open examination and does not anticipate any adjustments that would result in a material adverse effect on the organizations' financial condition, results of operations or cash flows. Accordingly, the organizations has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at december 31, 2024.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Impairment of intangible assets -985.”

Raw XML AppendixShowing 400 of 694 raw XML fields

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

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt067958
IRS990/ActivitiesConductedPrtshpInd00
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IRS990/AuditCommitteeInd01
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IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
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IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT OF ENGINEERING
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IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT OF EDITORIAL
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF ADVOCACY
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IRS990/MissionDesc0AT FREEDOM OF THE PRESS FOUNDATION (FPF), OUR MISSION IS TO PROTECT AND DEFEND PRESS FREEDOM IN THE 21ST CENTURY. WE DO THIS THROUGH:1.) PUBLIC ADVOCACY ON ISSUES AFFECTING PRESS FREEDOM, INCLUDING GOVERNMENT TRANSPARENCY, THE RIGHT TO PUBLISH, REPORTER'S PRIVILEGE, FREEDOM OF INFORMATION ACT REFORM, AND PROTECTING WHISTLEBLOWERS.2.) MAINTAINING AND DEVELOPING OPEN-SOURCE DIGITAL SECURITY TOOLS, LIKE SECUREDROP, OUR WHISTLEBLOWER SUBMISSION SYSTEM.3.) EDUCATION ON DIGITAL SECURITY TOOLS THAT JOURNALISTS CAN USE TO PROTECT THEMESELVES AND THEIR SOURCES WHEN COMMUNICATING ONLINE.4.) SYSTEMATICALLY DOCUMENT AND CATALOGUE PRESS FREEDOM VIOLATIONS IN THE UNITED STATES.5.) LEGAL ADVOCACY FOR PRESS FREEDOM AND TRANSPARENCY THROUGH FOIA REQUESTS, AMICUS BRIEFS, AND OTHER AVENUES IN COURT.
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IRS990/ProgSrvcAccomActy2Grp/Desc0REPORTING AND ADVOCACY - FPF'S US PRESS FREEDOM TRACKER IS A NEWS SITE AND DATABASE THAT COMPREHENSIVELY DOCUMENTS VIRTUALLY EVERY PRESS FREEDOM VIOLATION IN THE UNITED STATES, INCLUDING THE NUMBER OF JOURNALISTS ARRESTED, STOPPED AT THE BORDER, SUBPOENAED, PHYSICALLY ATTACKED, SURVEILLED, AND MORE. FPF'S ADVOCAY TEAM FIGHTS ON BOTH A LOCAL AND NATIONAL LEVEL FOR ROBUST PRESS FREEDOM RIGHTS ON A VARIETY OF ISSUES INCLUDING REPORTER'S PRIVILEGE, THE RIGHT TO PUBLISH, THE FREEDOM OF INFORMATION ACT, THE PROTECTION OF WHISTLEBLOWERS, AND GOVERNMENT TRANSPARENCY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0DIGITAL SECURITY TRAINING - FPF'S DIGITAL SECURITY TEAM EDUCATES NEWSROOMS, JOURNALISTS AND FILMMAKERS HOW TO PROTECT THEMSELVES AND THEIR SOURCES ONLINE IN ORDER TO FURTHER PRESS FREEDOM. THESE TRAININGS INCLUDE HOW TO LOCK DOWN SOCIAL MEDIA ACCOUNTS, ENCRYPT COMMUNICATIONS, ENHANCE DEVICE SECURITY, AVOID GETTING HACKED, AND MITIGATE ONLINE HARASSMENT. IN 2024, OVER 2000 JOURNALISTS ATTENDED AN FPF DIGITAL SECURITY TRAINING.
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