Independent Newspaper
Independent Newspaper consistently operates at a deficit, drawing down assets despite zero officer compensation.
EIN: 113379450 · Baton Rouge, LA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $40K |
| Total Expenses | $31K |
| Program Spending | 90% |
| Net Assets | $82K |
| Transparency Score | 75/100 |
Is Independent Newspaper Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Independent Newspaper directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Independent Newspaper
Independent Newspaper (EIN: 113379450) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code S41. The organization reported total revenue of $40K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent Newspaper's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Independent Newspaper is a micro nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $31K |
| Surplus / Deficit | +$9K |
| Total Assets | $82K |
| Net Assets | $82K |
| Operating Margin | 22.9% |
| Months of Reserves | 32.1 months |
Financial Health Grade: A
In 2020, Independent Newspaper reported a surplus of $9K with revenue exceeding expenses, holds 32.1 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Independent Newspaper's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +19.8% | -33.4% | +12.5% |
| 2019 | -8.3% | +0.1% | -15.0% |
| 2018 | -14.0% | +7.9% | -10.3% |
| 2017 | +3.6% | -4.3% | -0.6% |
| 2016 | -3.4% | -42.1% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Independent Newspaper with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Independent Newspaper allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all 10 filings, indicating that executive leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Independent Newspaper's IRS 990 filings:
- Consistent operating deficits (7 out of 10 years)
- Declining asset base over the last decade
Strengths
The following positive indicators were identified for Independent Newspaper:
- Zero liabilities across all reported periods
- 0% officer compensation, indicating high efficiency
- Consistent IRS 990 filing history (10 filings)
- Strong program focus due to minimal overhead from executive compensation
Frequently Asked Questions about Independent Newspaper
Is Independent Newspaper a legitimate charity?
Independent Newspaper (EIN: 113379450) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $40K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Independent Newspaper spend its money?
Independent Newspaper directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Independent Newspaper tax-deductible?
Independent Newspaper is registered as a tax-exempt nonprofit (EIN: 113379450). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Independent Newspaper's spending goes to programs?
Independent Newspaper directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Independent Newspaper compare to similar nonprofits?
With a transparency score of 75/100 (Good), Independent Newspaper is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Independent Newspaper located?
Independent Newspaper is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 113379450. It is classified under NTEE code S41.
How many years of IRS 990 filings does Independent Newspaper have?
Independent Newspaper has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $40K in total revenue.
Is Independent Newspaper financially sustainable given its recurring deficits?
The organization has operated at a deficit in 7 out of the last 10 years, with expenses exceeding revenue. While it has no liabilities and a healthy asset base, this trend of drawing down assets (from $141,802 in 2013 to $81,911 in 2020) suggests potential long-term sustainability challenges if revenue generation doesn't improve.
How does Independent Newspaper manage to operate without officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation on the 990 form. This is a significant indicator of efficiency.
What is the trend in Independent Newspaper's asset base?
The organization's assets have shown a declining trend, from a high of $141,802 in 2013 to $81,911 in 2020. This decline likely reflects the organization using its reserves to cover operational deficits over the years.
Filing History
IRS 990 filing history for Independent Newspaper showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Independent Newspaper's revenue has grown by 10.3%, moving from $36K to $40K. Total assets decreased by 28.1% over the same period, from $114K to $82K. Total functional expenses rose by 39.7%, from $22K to $31K. In its most recent filing year (2020), Independent Newspaper reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $40K | $31K | $82K | $0 | — | View 990 |
| 2019 | $33K | $46K | $73K | $0 | — | View 990 |
| 2018 | $36K | $46K | $86K | $0 | — | View 990 |
| 2017 | $42K | $43K | $95K | $0 | — | View 990 |
| 2016 | $41K | $45K | $96K | $0 | — | — |
| 2015 | $42K | $77K | $100K | $0 | — | — |
| 2014 | $33K | $40K | $135K | $0 | — | — |
| 2013 | $38K | $18K | $142K | $0 | — | — |
| 2012 | $38K | $29K | $122K | $0 | — | View 990 |
| 2011 | $36K | $22K | $114K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $40K, expenses of $31K, and assets of $82K (revenue +19.8% year-over-year).
- 2019: Revenue of $33K, expenses of $46K, and assets of $73K (revenue -8.3% year-over-year).
- 2018: Revenue of $36K, expenses of $46K, and assets of $86K (revenue -14.0% year-over-year).
- 2017: Revenue of $42K, expenses of $43K, and assets of $95K (revenue +3.6% year-over-year).
- 2016: Revenue of $41K, expenses of $45K, and assets of $96K (revenue -3.4% year-over-year).
- 2015: Revenue of $42K, expenses of $77K, and assets of $100K (revenue +27.3% year-over-year).
- 2014: Revenue of $33K, expenses of $40K, and assets of $135K (revenue -12.0% year-over-year).
- 2013: Revenue of $38K, expenses of $18K, and assets of $142K (revenue +0.0% year-over-year).
- 2012: Revenue of $38K, expenses of $29K, and assets of $122K (revenue +4.2% year-over-year).
- 2011: Revenue of $36K, expenses of $22K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Independent Newspaper:
Data Sources and Methodology
This transparency report for Independent Newspaper 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.