Florida Center for Investigative Reporting Corp

Nonprofit profile at a glance

EIN
271187698
IRS 990-EZ coverage
2011–2020
Forms available
Form 990-EZ 2020
Location
St Petersburg, FL, USA
Phone
3055209621
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Printing, Publishing

Official website

Reported finances

Revenue
$72,661
Expenses
$64,483
Assets
$24,456

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • SHARON ROSENHAUSE (PRESIDENT)
  • TREVOR AARONSON (EXECUTIVE DIRECTOR)

People named in this filing

  • SHARON ROSENHAUSE (PRESIDENT)
  • WILLIAM FERNANDEZ (DIRECTOR)
  • GREGG D THOMAS (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Encourage good government through journalism

What it reported doing in 2020

Produced tusconsentinel.com, a local news website in tucson, ariz., dedicated to public nonpartisan interest journalism that keeps the community informed.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 100
  • Sustainability: 34
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.3%; rating input score 76
  • Program expense ratio: 86%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 11.3%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 35.7%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: -10.1% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: -22.3% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 76.3% of revenue deployed · 86% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $55K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2011 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.