Public Truth Media Foundation
Nonprofit profile at a glance
- EIN
- 275445288
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Los Angeles, CA, USA
- Phone
- 2134227373
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Radio
Reported finances
- Revenue
- $177,919
- Expenses
- $160,403
- Assets
- $340,875
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- Ian Masters (Chairman)
- Stephanie Zill (Secretary/Treas)
- Meredith Masters (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Public Truth Media Foundation is a nonprofit distributor of public interest journalism. The Foundations goal is to expose the public to voices and ideas not otherwise easily found in contemporary broadcast and written media.
What it reported doing in 2024
BACKGROUND BRIEFING, Ian Masters news broadcast, goes far beyond the headlines and deep under the radar to bring forward truths unheard elsewhere in American media.BACKGROUND BRIEFING features international and national news, expert guests, policymakers, and critics offering analysis and insight on national security, foreign and domestic policy, cultural, and social issues.Todays onslaught of fake news and alternative facts make this a critical time to gather sources of real news and analysis and make them available to the largest audience possible.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.2%; rating input score 90
- Program expense ratio: 100%; rating input score 100
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: 9.8%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 2.13; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 24.8% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 13.9% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 90.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $160K 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: 5 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Sustainability: Operating margin scored 58/100.