Civic Intelligence

Central Valley Journalism Collaborative

990 • Fiscal year 2021 • EIN 87-2960735

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 25, 2022

Organization Profilewww.cvlocaljournalism.org
740 University Avenue 150Sacramento, CA 95825

(916) 979-9166

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

$289,550

No earlier filing loaded for comparison.

Net Assets

$289,550

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin96th percentile

Revenue

$350,012

No earlier filing loaded for comparison.

Expenses

$60,462

No earlier filing loaded for comparison.

Net Income

$289,550

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0Assets 2021: $289,550Liabilities 2021: $0Net Assets 2021: $289,5502021Assets 2022: $1,078,739Liabilities 2022: $0Net Assets 2022: $1,078,7392022Assets 2023: $1,482,163Liabilities 2023: $1,302,163Net Assets 2023: $180,0002023Assets 2024: $1,537,155Liabilities 2024: $169,475Net Assets 2024: $1,367,6802024

Highlighted filing

2021

Assets$289,550
Liabilities$0
Net Assets$289,550
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2021: $350,012Expenses 2021: $60,462Net Income 2021: $289,5502021Revenue 2022: $900,049Expenses 2022: $110,860Net Income 2022: $789,1892022Revenue 2023: $1,259,058Expenses 2023: $1,259,058Net Income 2023: $02023Revenue 2024: $1,708,361Expenses 2024: $1,819,772Net Income 2024: -$111,4112024

Highlighted filing

2021

Revenue$350,012
Expenses$60,462
Net Income$289,550
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 25, 2022
Return Version
2021v4.0
Gross Receipts
$350,012
Mission and Program Overview

Mission

Our mission statement is: We grow local news for and from the Valley to help you live a healthy and informed life. We connect Central Valley communities with the support needed to grow and sustain local journalism.

Central Valley Journalism Collaborative is committed to building a new vision for local and regional collaborative reporting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$250,012-
Cash and Non-Interest-Bearing Accounts-$39,538-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$289,550▲ $289,550
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$289,550-
Total Net Assets Fund Balance$0$289,550▲ $289,550
Total Liabilities and Net Assets / Fund Balance$0$289,550▲ $289,550
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Susan McClatchyChair
Eric ProckDirector
Marian KaanonDirector
Priscilla EnriquezCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$350,000
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$0
All Other Contributions
$350,000
Change in Net Assets
$289,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60,462
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
Fees for Services Other$60,420--$60,420
Office Expenses-$42-$42
Total Functional Expenses$60,420$42$0$60,462
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
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is prepared by a firm of certified public accountants, reviewed by the executive director with the certified public accountants and distributed to the board of directors for review and final approval.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Central Valley Journalism Collaborative
EIN
87-2960735
Phone
9169799166
Address
740 University Avenue 150, Sacramento, CA 95825

Signing Officer

Name
Priscilla Enriquez
Title
CEO
Signed
2022-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Priscilla Enriquez
Formed
2021
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Williams & Olds Professional Corp
Address
900 UNIVERSITY AVENUE SUITE 100, SACRAMENTO, CA 95825
Preparer
Steven J Olds CPA
Phone
9168581680
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IRS990/MissionDesc0Central Valley Journalism Collaborative (CVJC) reimagines a new model for protecting the local free press by addressing a new economic and community engagement approach by diversifying journalistic funding and philanthropic engagement. This approach centers local stakeholders and is symbiotic with local journalisms roots in public service. The future of the free press is essential to the future of the Central Valley, a diverse home to over 7.5 million people across nearly 20,000 square miles speaking 105 languages. CVJC proposes a preventative infrastructure to ensure the protection of local communities by developing solutions for obstacles pertaining to ownership, operating capacity, and resources.
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Priscilla
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Enriquez
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$289,550
Liabilities
$0
Net assets
$289,550
Revenue
$350,012
Expenses
$60,462
Net income
$289,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.54$0.17$1.37$1.71$1.82$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.48$1.30$0.18$1.26$1.26$0.00
2022Summary only. Only limited summary data is available for this year.$1.08$0.00$1.08$0.90$0.11$0.79
2021Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.35$0.06$0.29