Civic Intelligence

Economic Hardship Reporting Project

990 • Fiscal year 2021 • EIN 85-4054380

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 04, 2022

3 Shultis Farm RoadBearsville, NY 12409

(917) 859-7300

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$964,730

Flat from 2021

Net Assets

Flat

$964,730

Flat from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses

Revenue

Flat

$965,025

Flat from 2021

Expenses

Flat

$295

Flat from 2021

Net Income

Flat

$964,730

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2021: $964,730Liabilities 2021: $0Net Assets 2021: $964,7302021Assets 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

2021

Assets$964,730
Liabilities$0
Net Assets$964,730

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2021: $965,025Expenses 2021: $295Net Income 2021: $964,7302021Revenue 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

2021

Revenue$965,025
Expenses$295
Net Income$964,730
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 4, 2022
Return Version
2021v4.2
Gross Receipts
$965,025
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
Cash and Non-Interest-Bearing Accounts-$631,706-
Accounts Receivable-$326,267-
Prepaid Expenses and Deferred Charges-$6,757-
Total Assets$0$964,730▲ $964,730
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$811,743-
Net Assets Without Donor Restrictions-$152,987-
Total Net Assets Fund Balance$0$964,730▲ $964,730
Total Liabilities and Net Assets / Fund Balance$0$964,730▲ $964,730
Compensation and Service Providers

Board Members and Trustees

NameTitle
Duv Linh TuPresident
Bruce MorrowDirector
James LedbetterDirector
Molly de AguiarDirector
Rimjhim DeyDirector
Rose ArceDirector
Ted HopeDirector
Alissa QuartExecutive Director
David WallisManaging Director
Sarah SaferSecretary
Jane EnglebardtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$871,545
Program Service Revenue
$93,480
Investment Income
$0
Other Revenue
$0
All Other Contributions
$871,545
Change in Net Assets
$964,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$295
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$295-$295
Total Functional Expenses$0$295$0$295
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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 organizations Form 990 is distributed to all board members via email prior to filing with the IRS.

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

The organization enforced compliance with its conflict of interest poicy by reviewing it periodically at board meetings.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Economic Hardship Reporting Project
EIN
85-4054380
Phone
9178597300
Address
3 Shultis Farm Road, Bearsville, NY 12409

Signing Officer

Name
Duv Linh Tu
Title
President
Phone
9178597300
Signed
2022-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Duv Linh Tu
Formed
2020
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Foundation Group Inc
Address
2451 Atrium Way Suite 300, Nashville, TN 37214
Preparer
Shannon M Evans EA
Phone
6153619445
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

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 became its own non-profit organization, instituted by its inaugural board, to commence independent operations as of January 1, 2022.

Form 990, Part III, Line 1

Continued In 2021 EHRP placed more than 400 stories, including articles, photo essays, videos and radio reports, in media outlets reaching a potential audience of more than 1.6 billion new consumers.

Form 990, Part III, Line 1

Continued The journalism that we commissioned and supported included a graphic report in Grist and Capital Main that mapped the large number of oil exploration sites in the middle of communiities, next to the places where people live, study, and seek medical care. In Hawaii, our fellow Kristin Consillio broadcasted several segments on Hawaiis housing crisis on KITV, the ABC affiliate in Honolulu. We commissioned a first-person essay by Katie Prout in the Chicago Reader that looked at the lack of mental healthcare access for Medicaid patients.

Form 990, Part III, Line 1

Continued EHRP also supported five journalism fellows who received contracts guaranteeing them at least four assignments in 2021.

Form 990, Part III, Line 1

Continued EHRP produced its first podcast series, Going for Broke with Ray Suarez, featuring writers who had first-hand experience with economic precarity, including eviction and homelessness. The series was honored by the Webby Awards, won a Sigma Delta Chi Award from the Society of Professional Journalists and an Excellence in Financial Journalism Award from the New York State Society of Certified Public Accountants.

Form 990, Part III, Line 1

Continued Other awards for our work in 2021 include Best Non-Traditional News Source in New York Universitys first annual American Journalism Online Awards, second place in the National Press Photographers Associations Best of Photojournalism Awards and Best in Show from the Society For News Design.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organizations Form 990 is distributed to all board members via email prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization enforced compliance with its conflict of interest poicy by reviewing it periodically at board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3In 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 became its own non-profit organization, instituted by its inaugural board, to commence independent operations as of January 1, 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Continued In 2021 EHRP placed more than 400 stories, including articles, photo essays, videos and radio reports, in media outlets reaching a potential audience of more than 1.6 billion new consumers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Continued The journalism that we commissioned and supported included a graphic report in Grist and Capital Main that mapped the large number of oil exploration sites in the middle of communiities, next to the places where people live, study, and seek medical care. In Hawaii, our fellow Kristin Consillio broadcasted several segments on Hawaiis housing crisis on KITV, the ABC affiliate in Honolulu. We commissioned a first-person essay by Katie Prout in the Chicago Reader that looked at the lack of mental healthcare access for Medicaid patients.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Continued EHRP also supported five journalism fellows who received contracts guaranteeing them at least four assignments in 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Continued EHRP produced its first podcast series, Going for Broke with Ray Suarez, featuring writers who had first-hand experience with economic precarity, including eviction and homelessness. The series was honored by the Webby Awards, won a Sigma Delta Chi Award from the Society of Professional Journalists and an Excellence in Financial Journalism Award from the New York State Society of Certified Public Accountants.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Continued Other awards for our work in 2021 include Best Non-Traditional News Source in New York Universitys first annual American Journalism Online Awards, second place in the National Press Photographers Associations Best of Photojournalism Awards and Best in Show from the Society For News Design.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part III, Line 1
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0295
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0295
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0964730
IRS990/TotalProgramServiceRevenueAmt093480
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt093480
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0965025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0964730
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03 Shultis Farm Road
IRS990/USAddress/CityNm0Bearsville
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012409
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0https://economichardship.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Duv Linh Tu
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09178597300
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Economic Hardship Reporting Project
ReturnHeader/Filer/BusinessNameControlTxt0ECON
ReturnHeader/Filer/EIN0854054380
ReturnHeader/Filer/PhoneNum09178597300
ReturnHeader/Filer/USAddress/AddressLine1Txt03 Shultis Farm Road
ReturnHeader/Filer/USAddress/CityNm0Bearsville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621813735
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02451 Atrium Way Suite 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037214
ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shannon M Evans EA
ReturnHeader/ReturnTs02022-11-04T04:30:09-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Duv
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Linh Tu
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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