Civic Intelligence

Economic Hardship Reporting Project

EIN 85-4054380 • 501(c)3 • Brooklyn, NY

Profile

Ehrp supports independent journalists to create high quality stories about economic inequity. We then place those stories in mainstream media, mobilizing readers to fight systems perpetuating economic injustice.

367 St Marks Place 65Brooklyn, NY 11238

www.economichardship.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.16x

Higher debt load relative to assets than 72% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.15x

Higher debt load relative to revenue than 73% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2024

Net Margin

30th percentile

-7.3%

Higher net margin than 30% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$183,019

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 19.0% of source-year revenue.

NTEE A • $500k-$1M nonprofits • Source year 2024

Asset Growth

20th percentile

-11%

Faster asset growth than 20% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-21%

Faster revenue growth than 17% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$906,205

Down $110,132 (-11%) from 2023

Liabilities

Down

$145,584

Down $39,948 (-22%) from 2023

Net Assets

Down

$760,621

Down $70,184 (-8.4%) from 2023

Revenue

Down

$962,918

Down $261,273 (-21%) from 2023

Expenses

Down

$1,033,102

Down $301,292 (-23%) from 2023

Net Income

Up

-$70,184

Up $40,019 (+36%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2021: $964,730Liabilities 2021: $0Net Assets 2021: $964,7302021Assets 2022: $1,118,525Liabilities 2022: $177,517Net Assets 2022: $941,0082022Assets 2023: $1,016,337Liabilities 2023: $185,532Net Assets 2023: $830,8052023Assets 2024: $906,205Liabilities 2024: $145,584Net Assets 2024: $760,6212024

Highlighted filing

2024

Assets$906,205
Liabilities$145,584
Net Assets$760,621

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2021: $965,025Expenses 2021: $295Net Income 2021: $964,7302021Revenue 2022: $960,098Expenses 2022: $1,343,589Net Income 2022: -$383,4912022Revenue 2023: $1,224,191Expenses 2023: $1,334,394Net Income 2023: -$110,2032023Revenue 2024: $962,918Expenses 2024: $1,033,102Net Income 2024: -$70,1842024

Highlighted filing

2024

Revenue$962,918
Expenses$1,033,102
Net Income-$70,184

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$962,918
Mission and Program Overview

Mission

Ehrp supports independent journalists to create high-quality stories about economic inequity. We then place those stories in mainstream media, mobilizing readers to fight systems perpetuating economic injustice. Ehrp became its own non-profit organization, instituted by its inaugural board, to commence independent operations as of january 1, 2022. In the fourth quarter of 2021, the economic hardship reporting project (ehrp) received its nonprofit determination letter and began the process of separating from its fiscal sponsor.

Ehrp supports independent journalists to create high quality stories about economic inequity. We then place those stories in mainstream media, mobilizing readers to fight systems perpetuating economic injustice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$695,080$738,683▲ $43,603
Cash and Non-Interest-Bearing Accounts$140,819$148,290▲ $7,471
Pledges and Grants Receivable$155,000$12,250▼ $142,750
Prepaid Expenses and Deferred Charges$11,323$4,311▼ $7,012
Land, Buildings, and Equipment, Net$3,513$2,671▼ $842
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,016,337$906,205▼ $110,132
Other Assets Total$10,602$0▼ $10,602
Liabilities
Accounts Payable and Accrued Expenses$101,266$145,584▲ $44,318
Deferred Revenue$73,333--
Other Liabilities$10,933--
Total Liabilities$185,532$145,584▼ $39,948
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$395,839$573,621▲ $177,782
Net Assets With Donor Restrictions$434,966$187,000▼ $247,966
Total Net Assets Fund Balance$830,805$760,621▼ $70,184
Total Liabilities and Net Assets / Fund Balance$1,016,337$906,205▼ $110,132

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,888$6,488$8,376
Other Land Buildings$783$2,218$3,001
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alissa QuartExecutive DirectorFT$137,676$45,343$183,019
Debbie HjelleSenior EditorFT$102,812$38,659$141,471
Maire O'MalleyCOOFT$99,920$13,834$113,754

Board Members and Trustees

NameTitle
Sarah SaferPresident
Bruce MorrowVice President
Duy Linh TuDirector
James Ledbetter Thru 1124Director
Rimjhim DeyDirector
Nikhil SwaminathanSecretary
Matthew AnnenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$909,065
Program Service Revenue
$45,000
Investment Income
$8,603
Other Revenue
$250
All Other Contributions
$909,065
Change in Net Assets
$-70,184

Audited Revenue Reconciliation

Revenue per Audited Statements
$962,918
Total Revenue per Audited Statements
$962,918
Total Revenue per Form 990
$962,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$595,562
Other Expenses$311,302
Total Fundraising Expense$242,476
Grants and Similar Amounts Paid$126,238
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$112,510$82,482$100,300$295,292
Other Salaries and Wages$136,913$37,363$29,631$203,907
Fees for Services Other$57,052$6,051$74,516$137,619
Grants to Domestic Individuals$101,238--$101,238
Fees for Services Accounting-$85,650-$85,650
Other Employee Benefits$33,005$12,762$9,917$55,684
Payroll Taxes$19,045$8,949$9,420$37,414
Office Expenses$14,186$5,592$6,282$26,060
Grants to Domestic Orgs$25,000--$25,000
Travel$9,184$3,444$3,625$16,253
Other Expenses$7,743$5,373$1,308$14,424
Insurance$5,744$2,699$2,842$11,285
Occupancy$5,524$2,596$2,733$10,853
Information Technology$6,329$986$1,001$8,316
Pension Plan Contributions$1,687$889$689$3,265
Depreciation Depletion$429$201$212$842
Total Functional Expenses$535,589$255,037$242,476$1,033,102

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,033,102
Total Expenses per Audited Statements$1,033,102
Total Expenses per Form 990$1,033,102
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greene Fort ProductionsBrooklyn, NY-Journalism grant$10,000
Magnum Photos IncNew York, NY-Journalism grant$10,000
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
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
No
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 draft form 990 is distributed to the full board via email prior to filing. We request they provide any feedback or questions within a defined period.

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

This policy is reviewed annually when directors are asked to sign it; the coo takes minutes at board meetings and so would flag any issue that might give rise to the policy's application.

Form 990, Part VI, Section B, Line 15A

Compensation for other key employees is determied by the ehrp compensation policy and is ultimately set by the executive director. For the executive director, the organization utilizes an annual salary study to determine the executive's compensation, and it is approved by the board.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the publice upon request.

Filing and Contact Details

Filer

Filer Name
Economic Hardship Reporting Project
EIN
85-4054380
Phone
9175405306
Address
367 St Marks Place 65, BROOKLYN, NY 11238

Signing Officer

Name
Matthew Annenberg
Title
Treasurer
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Annenberg
Formed
2021
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
5
Volunteers
13

Preparer

Firm
Ncheng Llp Certified Public Accountants
Address
40 WALL ST 32ND FL, NEW YORK, NY 10005
Preparer
Nina Bahazhevska
Phone
2127850100
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending December 31, 2021, the initial filing, and later are subject to examination by applicable taxing authorities.

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IRS990/ActivityOrMissionDesc0EHRP SUPPORTS INDEPENDENT JOURNALISTS TO CREATE HIGH QUALITY STORIES ABOUT ECONOMIC INEQUITY. WE THEN PLACE THOSE STORIES IN MAINSTREAM MEDIA, MOBILIZING READERS TO FIGHT SYSTEMS PERPETUATING ECONOMIC INJUSTICE.
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IRS990/Desc0The idea behind the Economic Hardship Reporting Project is clever yet very direct: let working class people tell their own stories and shed light on the everyday struggles of ordinary Americans and get them in major publications and platforms. In the fog of disinformation, false news and biased myths flourish, creating divisions where there should be bonds of solidarity. In response, EHRP tells a story that connects people across the class gradient.Through financial, professional and editorial support, we uplift journalists who might be ignored so that the stories of their experiences have impact. We publish work that comes from vulnerable communities that are not often heard in media outlets so that they can change narratives about inequality.In 2024, EHRP distributed over $100k to more than 60 independent journalists, photographers, documentarians, poets, and illustrators to shed light on the struggles and joys of working class Americans. Their work reached approximately 3 million people, appearing in outlets as varied as WNYC, Grist, The Nation, The Daily Beast, The Guardian, Mother Jones, Harpers, USAToday, Time Magazine, Rolling Stone, Teen Vogue, and much more. These pieces featured rich and compelling stories, such as Julie Poole making the connection between poverty and self-storage in Slate; Alex Park reporting on What Kamala Harris Rhetoric About McDonalds Reveals About Democrats Shifting Views on Poverty" in TIME; or Anya Groner telling the story of how climate change is affecting immigrant farmers, in an Edward R. Murrow Award-winning podcast Nuoc: A Viet-Cajun Story on SeaChange. We also supported the photography behind Kia LaBeijas Peabody-award winning Blindspot, which we co-published along with WNYC. Another major photography project in 2024 was in partnership with Magnum Photography and Mother Jones, where we explored the paradox of the modern labor movement through striking images.EHRP itself was in the public eye in 2024 at a number of dynamic events, including the Brooklyn Public Librarys Night of Ideas, the U.S. Presidential Scholars 60th Anniversary, and a very special evening at Symphony Space, where we celebrated the life and legacy of our co-founder Barbara Ehrenreich with a sold-out event featuring actors reading some of her most memorable work.Meanwhile, EHRPs Working Sources database provides journalists with alternative sources from working class and other underrepresented communities, thereby diversifying the expert quote on subjects ranging from drug addiction to wage discrimination. Our free library includes individuals with both professional and lived experiences who ground stories in the realities of communities across the country. In 2024, EHRP was featured prominently on American Public Medias flagship show Marketplace on three different episodes.We also launched our inaugural NextGen Fellows in 2024. While mainstream media struggles to reach young people who get their news from TikTok and other online platforms, EHRP was well positioned to develop a partnership with online intellectual creators and reporters to effectively syndicate our pieces to a wider and younger audience. With the support of the Puffin Foundation, we named Caitlyn Clark and Meagan Day as our first Next Gen Fellows. Their videos have been viewed 580k times already.EHRP wanted to make recipes more inclusive as well. So in a 2024 article, EHRP partnered with Mark Bittman of the Bittman Project and Mother Jones. We created recipes for time-taxed people who cant necessarily afford expensive ingredients, particularly as grocery prices remain high. The recipes demonstrate how there can be joy in cooking with limited resources and with an eye towards earth and animal justice.A more timeless approach to messaging is embroidery, which has a long history of serving as a record of everything from politics to community to identity. EHRP worked with noted embroiderist Diana Weymar to produce a series of pieces featuring EHRP quotes o
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IRS990/MissionDesc0EHRP SUPPORTS INDEPENDENT JOURNALISTS TO CREATE HIGH QUALITY STORIES ABOUT ECONOMIC INEQUITY. WE THEN PLACE THOSE STORIES IN MAINSTREAM MEDIA, MOBILIZING READERS TO FIGHT SYSTEMS PERPETUATING ECONOMIC INJUSTICE.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending December 31, 2021, the initial filing, and later are subject to examination by applicable taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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