Improve The News Foundation
EIN: 853391849 · New Castle, DE · NTEE: A30
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $3.7M |
| Net Assets | $3.1M |
Search Intent Cockpit
Improve The News Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Improve The News Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Improve The News Foundation in one place.
Form 990 Filing Summary
4 filing years are available, with latest revenue of $5.9M and expenses of $3.7M.
Revenue and Expenses
Improve The News Foundation reported $5.9M in revenue and $3.7M in expenses, a surplus of $2.3M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Improve The News Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Improve The News Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 4 stored filing years |
| Peer context | Compare with Kuehner Brothers Foundation Inc | Delaware and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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About Improve The News Foundation
Improve The News Foundation (EIN: 853391849) is a nonprofit organization based in New Castle, DE, classified under NTEE code A30. The organization reported total revenue of $4.2M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Improve The News Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Improve The News Foundation is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $3.4M |
| Total Liabilities | $240K |
| Net Assets | $3.1M |
| Operating Margin | 38.0% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2023, Improve The News Foundation reported a surplus of $2.3M with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +101.5% | +3.9% | +223.4% |
| 2022 | -9.2% | +97.6% | -41.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Improve The News Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Improve The News Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.2%.
Frequently Asked Questions about Improve The News Foundation
Is Improve The News Foundation a legitimate charity?
Improve The News Foundation (EIN: 853391849) is a registered tax-exempt nonprofit based in Delaware. It has 4 years of IRS 990 filings on record. Total revenue: $4.2M. No red flags identified. Financial health grade: A.
How does Improve The News Foundation spend its money?
Improve The News Foundation reported $4.2M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Improve The News Foundation tax-deductible?
Improve The News Foundation is registered as a tax-exempt nonprofit (EIN: 853391849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Improve The News Foundation located?
Improve The News Foundation is headquartered in New Castle, Delaware and files with the IRS under EIN 853391849. It is classified under NTEE code A30.
How many years of IRS 990 filings does Improve The News Foundation have?
Improve The News Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $4.2M in total revenue.
Filing History
IRS 990 filing history for Improve The News Foundation showing financial trends over 4 years of public records:
Total assets increased by 335195100% over the same period, from $1 to $3.4M. Total functional expenses rose by 56538.3%, from $7K to $3.7M. In its most recent filing year (2023), Improve The News Foundation reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $240K in liabilities against $3.4M in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.9M | $3.7M | $3.4M | $240K | — | — |
| 2022 | $3.0M | $3.5M | $1.0M | $186K | — | View 990 |
| 2021 | $3.3M | $1.8M | $1.8M | $322K | — | View 990 |
| 2020 | $0 | $7K | $1 | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.9M, expenses of $3.7M, and assets of $3.4M (revenue +101.5% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.5M, and assets of $1.0M (revenue -9.2% year-over-year).
- 2021: Revenue of $3.3M, expenses of $1.8M, and assets of $1.8M.
- 2020: Revenue of $0, expenses of $7K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Improve The News Foundation:
Data Sources and Methodology
This transparency report for Improve The News Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.