News Revenue Hub Inc

“Mary walter-brown, christina shih and tristan loper met while working in the non-profit journalism industry. They formed a for-profit business of which they were shareholders, but the business was converted to the non-profit news revenue hub on 07/02/2018.”

“The organization has a finance committee that can make recommendations to the board but it does not have authority to act on behalf of the board.”

“The organization's president, chief operations officer and accountant reviewed the form 990 together.”

“The organization makes its conflict of interest policy available to the public upon written request to the address on the form 990.”

“Line 15a explanation: compensation for the executive team and staff is approved during the budget process. The organization considers competitive salary trends by utilizing surveys and marketplace data. Recruiting experience also helps provide insight into salary requirements. The board of directors approves the annual budget which includes approval of compensation for the ceo and key executives. Line 15b explanation: compensation for the executive team and staff is approved during the budget process. The organization considers competitive salary trends by utilizing surveys and marketplace data. Recruiting experience also helps provide insight into salary requirements. The board of directors approves the annual budget which includes approval of compensation for other officers or key employees.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request to the address on the form 990.”

“Other professional fees: program service expenses 432,229. Management and general expenses 224,951. Fundraising expenses 0. Total expenses 657,180.”

“The organization's 2024 tax return was timely filed before the extended tax deadline on november 17, 2025; however, the 2024 audit was not complete until december 2025. The amended tax return includes the following audit adjustments: - part viii line 2a and part x line 19 $16,201 reclassification from deferred revenue to client service fees revenue. - part x lines 3 and 4 a $100,000 reclassification from grants receivable to accounts receivable. - part x line 9 $1 rounding adjustment as per audited financial statements. - part x lines 27 and 28 the amount of restricted net assets was not available for the originally filed return. The amended return accurately shows $500,000 as the restricted net assets amount. There is a $1,587,406 increase to unrestricted net assets. - part iii line 4a revenue reflects increase in revenue as noted above. - schedule d part xi line 1 reflects increase in revenue as noted above. - schedule d part xiii the financial statement disclosure regarding income taxes has been updated.”