Nonprofit · EIN 84-2968843
JOURNALISM FUNDING PARTNERS
Tax-exempt · SACRAMENTO, CA 95825
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,652,063 | $4,729,935 | $922,128 | $1,861,865 | $31,342 | $1,830,523 |
| December 31, 2023 | 990 | $3,240,808 | $3,318,441 | -$77,633 | $1,603,847 | $695,452 | $908,395 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,186,368
- of which government grants
- $105,000
- Program service revenue
- $465,695
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,012,757
- Compensation of officers, directors and key employees
- $151,538
- Other salaries and wages
- $109,295
- Salaries, compensation and benefits (total)
- $280,840
- Professional fundraising fees
- $0
- Accounting fees
- $35,240
- Program services (functional)
- $4,458,356
- Management and general (functional)
- $153,790
- Fundraising (functional)
- $117,789
Balance sheet and other
- Total assets, start of year
- $1,603,847
- Total assets, end of year
- $1,861,865
- Total liabilities, end of year
- $31,342
- Net assets, end of year
- $1,830,523
- Net assets without donor restrictions
- $428,968
- Net assets with donor restrictions
- $1,401,555
- Gross receipts
- $5,652,063
- Employees
- 4
- Year formed
- 2019
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rusty Coats | Executive Dir. Officer | 40 | $151,538 |
| Orage Quarles | Board Chair Trustee or director, Officer | 1 | $0 |
| Sheila Solomon | Vice Chair Trustee or director, Officer | 2 | $0 |
| James Boren | Secretary Trustee or director, Officer | 2 | $0 |
| George McCanless | Treasurer Trustee or director, Officer | 2 | $0 |
| Ashley Kissinger | Director Trustee or director | 0 | $0 |
| James Goodmon | Director Trustee or director | 0 | $0 |
| Teri Arvesu | Director Trustee or director | 0 | $0 |
| Sharif Durhams | Director Trustee or director | 0 | $0 |
| Anders Gyllenhaal | Director Trustee or director | 0 | $0 |
| Christopher Turpin | Director Trustee or director | 0 | $0 |
| Mizell Stewart | Director Trustee or director | 0 | $0 |
| Misty Avila | Director Trustee or director | 0 | $0 |
| Jennifer Conklin | Director Trustee or director | 0 | $0 |
| Andy Pergam | Director Trustee or director | 0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dalton Walker | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rusty Coats | Executive Dir. Officer | 40 | $130,000 |
| Orage Quarles | Board Chair Trustee or director, Officer | 2 | $0 |
| Sheila Solomon | Vice Chair Trustee or director, Officer | 2 | $0 |
| James Boren | Secretary Trustee or director, Officer | 2 | $0 |
| George McCanless | Treasurer Trustee or director, Officer | 2 | $0 |
| Ashley Kissinger | Director Trustee or director | 1 | $0 |
| James Goodmon | Director Trustee or director | 1 | $0 |
| Teri Arvesu | Director Trustee or director | 1 | $0 |
| Sharif Durhams | Director Trustee or director | 1 | $0 |
| Anders Gyllenhaal | Director Trustee or director | 1 | $0 |
| Christopher Turpin | Director Trustee or director | 1 | $0 |
| Mizell Stewart | Director Trustee or director | 1 | $0 |
| Misty Avila | Director Trustee or director | 1 | $0 |
| Jennifer Conklin | Director Trustee or director | 1 | $0 |
| Andy Pergam | Director Trustee or director | 1 | $0 |
| Dalton Walker | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1731 HOWE AVE 242, SACRAMENTO, CA 95825-2209
- In care of
- % GARY STRONG
- Principal officer (990 for 2024)
- Rusty Coats, 1713 Howe Avenue 242, Sacramento, CA 95825
- Signed the 990
- George McCanless, Treasurer
- Phone
- (813) 277-8959
- Website
- www.jfp-local.org
- Return prepared by
- REGALIA BERGER & BERGER CPAS
California records
California keeps its own records of charities and corporations. Search them by EIN 84-2968843 or by the name JOURNALISM FUNDING PARTNERS.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Increase the depth and diversity of local journalism by building and stewarding connections between funds and reporting, serving as a bridge and a leader in the growing realm of philanthropy - supported journalism.
Program accomplishments
- JFP engages in three core programs, serving as a bridge and a leader in the growing realm of philanthropy-supported journalism. JFP is able to support its mission through the following programs: (1)enable major gifts to local journalism; (2) offer fundraising guidance and traning for journalims professionals; and (3) enables broad community giving to local journalism.Expenses $4,458,356 · grants $4,012,757 · revenue $465,695
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2968843
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J03)
- Assets (IRS master file)
- $1,861,865
- Income (IRS master file)
- $5,652,063
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,652,063 | $4,729,935 | $1,861,865 | XML |
| 990 | December 2023 | $3,240,808 | $3,318,441 | $1,603,847 | XML |
| 990 | December 2022 | $2,799,980 | $2,248,977 | $1,216,328 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2968843).
Questions about JOURNALISM FUNDING PARTNERS
- What is the EIN of JOURNALISM FUNDING PARTNERS?
- The employer identification number (EIN) of JOURNALISM FUNDING PARTNERS is 84-2968843.
- Is JOURNALISM FUNDING PARTNERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to JOURNALISM FUNDING PARTNERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JOURNALISM FUNDING PARTNERS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of JOURNALISM FUNDING PARTNERS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JOURNALISM FUNDING PARTNERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of JOURNALISM FUNDING PARTNERS?
- The 990 for the year ended December 31, 2024 names Rusty Coats.
- Who are the officers and directors of JOURNALISM FUNDING PARTNERS?
- The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $151,538 (Rusty Coats, Executive Dir.).
- How much revenue does JOURNALISM FUNDING PARTNERS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,652,063, expenses of $4,729,935 and total assets of $1,861,865 at year end.
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