Solutions Journalism Network Inc
Nonprofit profile at a glance
- EIN
- 462265729
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 6467191443
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $8,747,904
- Expenses
- $7,952,137
- Assets
- $8,604,646
- Liabilities
- $451,960
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- DAVID N BORNSTEIN (CEO/CO-FOUNDER)
Highest reported compensation
- DAVID N BORNSTEIN (CEO/CO-FOUNDER): $270,300 total reported compensation
- ELIZABETH ANN SHARE (CHIEF OF STRATEGIC RELATIONS): $202,729 total reported compensation
- TINA ROSENBERG VARENIK (SECRETARY/CO-FOUNDER): $200,804 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Define, legitimize and spread "solutions journalism" - rigorous, unbiased reporting about credible responses to social problems by establishing solutions journalism as a core function in journalism, conforming to the highest standards of independence and accuracy.
What it reported doing in 2024
Systems change - see schedule osystems change: solutions journalism network, inc. (the organization") leverages its curriculum and network to catalyze and sustain the practice of solutions journalism in news organizations, journalism schools, and with individual journalists around the world. The organization cultivates relationships with individual outlets or with groups of outlets, often resulting in high-impact, solutions-focused reporting projects. The organization provides trainings, webinars, and research and editorial consulting support to reporters, producers, and editors. In some cases, the organization offers modest financial support for reporter time and travel, audience engagement activities, or other high-value activities in the form of subgrants.in certain special relationshipscases that promise to generate great visibility, impact, and learningthe organization invests in longer-term, higher-impact newsroom projects. The organization complements its direct service work with news organizations by network mechanisms that seek to advance the adoption of the solutions approach by individual journalists, journalism schools, and newsrooms, including through webinars, online and in-person communities of practice, online resources, and train the trainers programs, which have accredited 144 trainers worldwide. Since its founding, sjn has trained over 550 newsrooms and 68,000 journalists in the practice of solutions journalism.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 86% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 70
- Accountability: 90
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.8%; rating input score 75
- Program expense ratio: 81.3%; rating input score 81
- Fundraising efficiency: $13.11 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 4 of 8 controls in place; rating input score 50
- Claims monitoring procedures: Pass
- Requires narrative reports: Pass
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Pass
- May require repayment: Fail
- Grant itemization coverage: 89.3%; rating input score 89; 25th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 16th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.1%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 1.08; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 22.4%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 16.7% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 11.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 13.7% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 74.8% of revenue deployed · 81.3% of spending went to programs
- Governance: 10 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $6.5M in reported program spending
- Leadership: top reported pay $270K · 21 people listed · 2 of 6 pay-setting controls reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 41 filed money-flow records
- Related organizations: 30 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Transparency & Controls: Foreign activity oversight: 4 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.