Press Democrat Community Fund Dba Press Democrat Journalism Trust

Nonprofit profile at a glance

EIN
843136470
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2021, Form 990-EZ 2024, Form 990-N 2020
Location
Santa Rosa, CA, USA
Phone
7075215415
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$47,565
Expenses
$59,447
Assets
$383,928
Liabilities
$442

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

  • DARIUS ANDERSON (CHAIR)
  • ERIC JOHNSTON (SECRETARY)
  • VERN ZANDER (CFO/TREASURER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The press democrat community fund (the fund) exists to promote local journalism and to support the greater sonoma county/north bay community during times of disasters.

What it reported doing in 2024

The press democrat community fund (the fund) exists to promote local journalism and to support the greater sonoma county/north bay community during times of disasters. The money raised by the fund will promote local journalism through awarding scholarships to deserving students majoring in journalism, sponsoring interns from local colleges and universities and funding special journalism projects. The fund will continuously search for new and creative ways to promote professional journalism.the fund is located in an area that is prone to natural disasters. During times of need the fund will work with the community to raise and distribute funds to those in need. The needs could range from victims of fire, earthquake and floods to helping those in need of housing and shelter.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Sustainability: 46
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.8%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -25%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 6.46; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 79.2% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -66% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -1.4% per year; rating input score 0; 33rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $55K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 1 filed related-organization link
  • 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: Operating margin scored 20/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.