Civic Intelligence

Solutions Journalism Network Inc.

990 • Fiscal year 2018 • EIN 46-2265729

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 12, 2019

79 MADISON AVENUE Suite 224New York, NY 10016

(646) 719-1443

Siviq Scores

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

Liabilities / Assets

40th percentile

0.19x

Higher debt load relative to assets than 40% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.23x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Net Margin

10th percentile

-9.4%

Higher net margin than 10% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

71st percentile

$188,653

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Asset Growth

50th percentile

3.4%

Faster asset growth than 50% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-3.4%

Faster revenue growth than 21% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$6,103,541

Up $200,611 (+3.4%) from 2017

Net Assets

Down

$4,930,774

Down $473,853 (-8.8%) from 2017

Liabilities

Up

$1,172,767

Up $674,464 (+135%) from 2017

Revenue

Down

$5,022,601

Down $178,147 (-3.4%) from 2017

Expenses

Up

$5,496,454

Up $2,295,153 (+72%) from 2017

Net Income

Down

-$473,853

Down $2,473,300 (-124%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2013: $168,086Liabilities 2013: $156,989Net Assets 2013: $11,0972013Assets 2014: $2,084,802Liabilities 2014: $1,013,261Net Assets 2014: $1,071,5412014Assets 2015: $2,761,252Liabilities 2015: $172,502Net Assets 2015: $2,588,7502015Assets 2016: $4,595,394Liabilities 2016: $1,190,214Net Assets 2016: $3,405,1802016Assets 2017: $5,902,930Liabilities 2017: $498,303Net Assets 2017: $5,404,6272017Assets 2018: $6,103,541Liabilities 2018: $1,172,767Net Assets 2018: $4,930,7742018Assets 2019: $9,483,374Liabilities 2019: $881,864Net Assets 2019: $8,601,5102019Assets 2020: $17,089,816Liabilities 2020: $1,184,486Net Assets 2020: $15,905,3302020Assets 2021: $14,817,664Liabilities 2021: $934,211Net Assets 2021: $13,883,4532021Assets 2022: $12,663,318Liabilities 2022: $784,377Net Assets 2022: $11,878,9412022Assets 2023: $7,843,197Liabilities 2023: $486,278Net Assets 2023: $7,356,9192023Assets 2024: $8,604,646Liabilities 2024: $451,960Net Assets 2024: $8,152,6862024

Highlighted filing

2018

Assets$6,103,541
Liabilities$1,172,767
Net Assets$4,930,774

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $883,315Expenses 2013: $872,218Net Income 2013: $11,0972013Revenue 2014: $2,497,754Expenses 2014: $1,437,310Net Income 2014: $1,060,4442014Revenue 2015: $2,774,106Expenses 2015: $2,211,752Net Income 2015: $562,3542015Revenue 2016: $4,930,256Expenses 2016: $3,797,130Net Income 2016: $1,133,1262016Revenue 2017: $5,200,748Expenses 2017: $3,201,301Net Income 2017: $1,999,4472017Revenue 2018: $5,022,601Expenses 2018: $5,496,454Net Income 2018: -$473,8532018Revenue 2019: $9,421,041Expenses 2019: $5,750,226Net Income 2019: $3,670,8152019Revenue 2020: $14,691,261Expenses 2020: $7,388,850Net Income 2020: $7,302,4112020Revenue 2021: $5,853,972Expenses 2021: $7,874,519Net Income 2021: -$2,020,5472021Revenue 2022: $8,110,721Expenses 2022: $10,318,567Net Income 2022: -$2,207,8462022Revenue 2023: $4,934,513Expenses 2023: $9,456,535Net Income 2023: -$4,522,0222023Revenue 2024: $8,747,904Expenses 2024: $7,952,137Net Income 2024: $795,7672024

Highlighted filing

2018

Revenue$5,022,601
Expenses$5,496,454
Net Income-$473,853
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 12, 2019
Return Version
2018v3.1
Gross Receipts
$5,022,601
Mission and Program Overview

Mission

Define, legitimize and spread "solutions journalism" - rigorous, unbiased reporting about credible responses to social problems by establishing solutions journalism as a core function in journalism, conforming to the highest standards of independence and accuracy.

To establish solutions journalism as a core function in journalism conforming to the profession's highest standards of independence and accuracy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,576,516$2,317,837▼ $258,679
Savings and Temporary Cash Investments$1,993,158$2,044,989▲ $51,831
Cash and Non-Interest-Bearing Accounts$1,109,166$1,622,646▲ $513,480
Prepaid Expenses and Deferred Charges$73,801$25,828▼ $47,973
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$5,902,930$6,103,541▲ $200,611
Other Assets Total$150,289$92,241▼ $58,048
Liabilities
Grants Payable$292,017$932,102▲ $640,085
Accounts Payable and Accrued Expenses$206,286$240,665▲ $34,379
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$498,303$1,172,767▲ $674,464
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,800,138$4,563,420▼ $236,718
Unrestricted Net Assets$604,489$367,354▼ $237,135
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$5,404,627$4,930,774▼ $473,853
Total Liabilities and Net Assets / Fund Balance$5,902,930$6,103,541▲ $200,611
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David BornsteinCEO / Co-founder / DirectorFT$180,457$8,196$188,653
Julia Power BurnsCFO and General ManagerFT$167,674$16,606$184,280
Keith H HammondsPresident and COOFT$169,641$30$169,671
Maurisse JohnsonVP, Finance and AccountingFT$147,858$30$147,888
Maria Elisa GrossDirector Newsroom Practice ChangeFT$121,982$6,606$128,588
Tina Rosenberg VarenikCo-founder / DirectorPT$128,550$30$128,580
Samantha MccannDirector Journalist Practice ChangeFT$101,972$6,246$108,218
Courtney MartinCo-founder / Director-$21,200-$21,200

Board Members and Trustees

NameTitle
David BoardmanChairman / Director
Susan DavisVice-chair / Director
Barnaby MarshDirector
Trabian ShortersDirector
Nicco MeleDirector (as of 05/2018)
Morgan DixonDirector (as of 10/2018)
Nathalie Laidler-kylanderSecretary / Director
Dean FurbushTreasurer / Director
Revenue and Support

Revenue Composition

Contributions and Grants
$4,999,012
Program Service Revenue
$23,886
Investment Income
$1,331
Other Revenue
$-1,628
All Other Contributions
$4,999,012
Change in Net Assets
$-473,853

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,022,601
Revenue Not Reported on Form 990
$47,205
Total Revenue per Audited Statements
$5,069,806
Total Revenue per Form 990
$5,022,601
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,468,388
Other Expenses$1,724,446
Grants and Similar Amounts Paid$1,297,370
Total Fundraising Expense$130,791
Professional Fundraising Fees$6,250

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,151,317$189,163$13,677$1,354,157
Grants to Domestic Orgs$1,244,570--$1,244,570
Current Officers, Directors, Trustees, and Key Employees$649,059$138,038$53,175$840,272
Fees for Services Other$480,705$64,535$5,325$550,565
Travel$226,788$11,395$28,732$266,915
Payroll Taxes$147,077$26,435$5,564$179,076
Conferences and Meetings$136,504$3,901$408$140,813
Depreciation Depletion$104,573$1,538-$106,111
Occupancy$74,983$27,719-$102,702
Fees for Services Accounting$76,680$20,544-$97,224
Other Employee Benefits$77,627$14,267$2,989$94,883
Office Expenses$68,088$15,856$1,519$85,463
Other Expenses$43,888$25,438$10,644$79,970
Grants to Domestic Individuals$52,800--$52,800
Information Technology$12,654$18,869-$31,523
Fees for Services Legal$17,649$1,501-$19,150
Insurance$12,264$2,896$263$15,423
Advertising$8,285$1,176$2,245$11,706
Fees for Services Professional Fundraising--$6,250$6,250
Total Functional Expenses$4,800,486$565,177$130,791$5,496,454

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,543,659
Expenses per Audited Statements$5,496,454
Total Expenses per Form 990$5,496,454
Expenses Not Reported on Form 990$47,205
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Seattle TimesSeattle, WA501(c)(3)Support Training$825,000
The Montgomery AdvertiserMontgomery, AL501(c)(3)Support Training$75,000
US News and World ReportWashington, DC501(c)(3)Support Training$50,000
Purple States LLCNew Haven, CT-Support Training$49,750
New Hampshire Public BroadcastingDurham, NH-Support Training$45,000
The Groundtruth Project IncBoston, MA-Support Training$40,000
Lenfest Institute for JournalismPhiladelphia, PA-Support Training$25,000
Arizona Daily StarTucson, AZ-Support Training$10,000
Honolulu Civil BeatHonolulu, HI-Support Training$8,000

International Summary

Offices
0
Employees
0
Spending
$147,667

International Compliance

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
Sub-Saharan AfricaProgram Servicestraining/workshops00$91,629
Europe (Including Iceland and Greenland)Program Servicestraining/workshops00$47,679
South AmericaProgram Servicestraining/workshops00$7,870
North AmericaProgram Servicestraining/workshops00$489
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$6,250
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The chief financial officer and general manager, the president and the chief operating officer review the form 990. Upon their satisfaction, the form 990 is distributed to the full board of directors for review and approval prior to the electronic filing with the internal revenue service.

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

The conflict of interest policy is distributed annually to be reviewed and signed by all members of the board of directors and staff. The annual notification states that all directors and staff are required to disclose any conflicts to the organizations designated compliance officer or the Chief Executive Officer. As a part of the Organizations ongoing monitoring of compliance with the policy, all directors and staff are asked to remain cognizant of their activities.

Form 990, Part VI, Section B, Line 15

The independent members of the Organizations board of Directors review the New York Salary data published in Guidestars annual non-profit compensation report to assist in evaluating compensation levels for all officers and key employees of the organization. In addition, THE EXECUTIVE COMMITTEE of the board of directors reviewS all salary offers extended to newly-hired key employees and officers to determine appropriate levels of compensation. Following a review of the aforementioned data and inputs, compensation for those key employees and officers of the organization are discussed and set in an executive session meeting of the independent members of the board of directors.

Form 990, Part VI, Section C, Line 19

The organizations financial statements and public disclosure copy of the form 990 are published on the organizations website and are available upon request. The organization does not make any of its governing documents available to the general public.

Filing and Contact Details

Filer

Filer Name
Solutions Journalism Network Inc
EIN
46-2265729
In Care Of
% JULIA POWER BURNS
Phone
6467191443
Address
79 MADISON AVENUE Suite 224, NEW YORK, NY 10016

Signing Officer

Name
Julia Power Burns
Title
CFO
Phone
6467191443
Signed
2019-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julia Power Burns
Formed
2013
Legal Domicile
De
Voting Board Members
11
Independent Board Members
8
Employees
34

Preparer

Firm
Eisneramper Llp
Address
750 THIRD AVENUE, NEW YORK, NY 10017-2703
Preparer
Candice Meth
Phone
2129498700
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINES 7A AND 7B; PART V, LINES 3A AND 3B

Due to the tax cuts and jobs act, the organization is subject to unrelated business income tax on the disallowed transit and qualified parking fringe benefits and, accordingly, filed the federal form 990-t.

Form 990, Part III, Line 4D, Other Program Services

Curriculum - (formerly known as "Education"): The Organization has created a core curriculum designed to introduce its distinctive approach to journalism professionals and students; and to further develop and strengthen the skills of those who already integrate solutions-oriented reporting into their work. The Organization provides an online suite of courses, the "Learning Lab," which is free to access. It includes core training in solutions journalism, as well as specialized guides for editors and reporters focusing on specific beats, such as violence, education, and health. These resources, in addition to a growing archive of thousands of model-solutions stories, are intended to advance the understanding and practice of solutions-journalism for reporters and editors who do not have access to its direct trainings. Working with partners, the Organization is translating some of these resources into multiple languages, making them accessible to non-English-speaking constituents. EXPENSES $224,796 INCLUDING GRANTS OF $0 REVENUE $0

Form 990 Part IX Line 11G

Description:program consulting fees total fees:480705

Form 990 Part IX Line 11G

Description:other general consulting fees total fees:69860

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2

The Organization is subject to the provisions of the Financial Accounting Standards Board's (the "FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, as it relates to accounting and reporting for uncertainty in income taxes. FOR THE ORGANIZATION, THESE PROVISIONS COULD BE APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME TAX ("UBIT") ON THE DISALLOWED TRANSIT AND QUALIFIED PARKING FRINGE BENEFITS. Because the Organization HAS ACCRUED THE TAX LIABILITY FOR UBIT AND because of its general NOT-FOR-PROFIT status, management believes ASC Topic 740 has not had, and is not anticipated to have, a material impact on the Organization's financial statements.

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IRS990/MissionDesc0SOLUTIONS JOURNALISM NETWORK, INC. WORKS TO DEFINE, LEGITIMIZE AND SPREAD THE PRACTICE OF "SOLUTIONS JOURNALISM" - RIGOROUS, UNBIASED REPORTING ABOUT CREDIBLE RESPONSES TO SOCIAL PROBLEMS. THE ORGANIZATION'S MISSION IS TO ESTABLISH SOLUTIONS JOURNALISM AS A CORE FUNCTION IN JOURNALISM, CONFORMING TO THE PROFESSION'S HIGHEST STANDARDS OF INDEPENDENCE AND ACCURACY. IN KEEPING WITH JOURNALISM'S HISTORIC RESPONSIBILITY TO SPOTLIGHT AND CONTEXTUALIZE SIGNIFICANT ACTIVITY IN THE PUBLIC INTEREST, SOLUTIONS JOURNALISM WILL CIRCULATE RELIABLE INFORMATION ABOUT HOW SOCIETY IS CONFRONTING AND ADAPTING TO MAJOR SOCIAL, ECONOMIC, AND ENVIRONMENTAL CHALLENGES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Knowledge Dissemination - (formerly known as "Pattern Change"): The Organization continues to expand and manage the Solutions Story Tracker, which now contains over 5,500 stories tagged by issue and problem-solving approach, as well as SolutionsU, a suite of tools to help all learners easily find, integrate, and share solutions stories, to support teaching and learning in social innovation and other topics. In 2018, the Organization launched the Story Fellowship. Fellows vet stories for high-caliber, solutions-focused journalism for the Solutions Story Tracker. The inaugural nine Story Fellows doubled the number of stories in the Story Tracker, adding 2,748 stories. They also curated more than 150 story collections. The community of registered SolutionsU users tripled in 2018, increasing by 2,203 users. The Organization continues to support faculty in developing and sharing teaching materials based on solutions journalism stories in a range of disciplines. Since the original "Story Tracker" launched in 2016, faculty members have used solutions journalism stories in 130 courses including 87 courses in 2018 alone, in disciplines ranging from anthropology to business to public policy. To date, faculty members have reported that more than 5,200 students have been exposed to solutions journalism stories through their courses.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Journalist Practice Change - (formerly known as "Mass Spread"): Complementing its work with news organizations, the Organization seeks to advance the adoption of the solutions approach by individual journalists. Online network: The Organization's member website, The Hub, continued to act as the central repository for all the resources and programs we offer. New to the Hub includes a list of 20+ editors accepting solutions pitches, a mentorship program with four active cohorts, as well as almost a dozen translations of the SJ Basic Toolkit. On average, users spent 21% longer on the site than in 2016, and total visits increased by 11%. Membership in the Hub grew by 218% in 2018, increasing from 1,075 to 3,415 members. The Organization continues to perform well within its social media communities. In 2018 on Twitter, the Organization's following increased by 50% to more than 17,000 followers. Its Facebook group grew by 73%, averaging 4.7% growth per month. Community building: The Organization held its second annual summit in November 2018, bringing together 90 journalists and journalism-school professors for collaborations around solutions journalism. As with last year, feedback from this anchor event was strong: 81% of attendees who responded to our survey said it exceeded their expectations. Additionally, the Organization held key events such as the West Coast Regional Convening, connecting and supporting members from three states, and a gathering that highlighted responses to the #metoo movement. The Organization's volunteer-led communities continued to hold smaller events throughout 2018 in six U.S. cities. Journalism schools: The Organization's work to integrate solutions reporting into journalism-school curriculum has created a core of four beacon journalism schools who champion the practice in their institutions. The Organization has also established meaningful relationships with at least two dozen other institutions that have committed to incorporating the solutions approach into their curricula. Finally, 2018 brought the launch of the Journalism School Curriculum Builder, a resource that supports educators interested in incorporating solutions elements into their journalism courses. Hub membership of journalism-school professors grew by 20% within a week of launching the toolkit.
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