Online Journalism Project Inc

Online Journalism Project Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 203296979 · New Haven, CT · NTEE: E70 · Updated: 2026-03-28

$1.4MRevenue
$3.2MAssets
90/100Mission Score (Excellent)
E70
Online Journalism Project Inc Financial Summary
MetricValue
Total Revenue$1.4M
Total Expenses$876K
Program Spending85%
Net Assets$1.9M
Transparency Score90/100

Is Online Journalism Project Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Online Journalism Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Online Journalism Project Inc

Online Journalism Project Inc (EIN: 203296979) is a nonprofit organization based in New Haven, CT, classified under NTEE code E70. The organization reported total revenue of $1.4M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Online Journalism Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Online Journalism Project Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.3M
Total Expenses$876K
Surplus / Deficit+$432K
Total Assets$3.6M
Total Liabilities$1.7M
Net Assets$1.9M
Operating Margin33.0%
Debt-to-Asset Ratio48.2%
Months of Reserves49.6 months

Financial Health Grade: A

In 2023, Online Journalism Project Inc reported a surplus of $432K with revenue exceeding expenses, holds 49.6 months of operating reserves (strong position), has a debt-to-asset ratio of 48.2% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Online Journalism Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-5.7%+27.4%+53.2%
2022+55.2%+1.6%+17.7%
2021+36.8%+0.3%+1.2%
2020-8.1%+11.3%-6.3%
2019+71.1%-4.0%+232.7%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Online Journalism Project Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $1,308,006 in 2023. The organization has also shown strong fiscal management by consistently operating with a surplus, as evidenced by 2023 revenue exceeding expenses by $431,928 ($1,308,006 revenue vs. $876,078 expenses). This has allowed for a significant increase in assets, growing from $397,982 in 2014 to $3,623,458 in 2023, indicating a robust financial position and capacity for future programming. Spending efficiency appears strong, with expenses consistently well below revenue, suggesting effective resource allocation. The organization's liabilities have also grown, reaching $1,746,876 in 2023, which warrants monitoring, though assets significantly outweigh them. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of financial transparency and efficiency. Overall, the Online Journalism Project Inc appears to be a financially sound and efficiently managed organization. Its consistent growth in revenue and assets, coupled with a history of operating surpluses and no reported officer compensation, points to a well-stewarded nonprofit. The increasing liabilities should be understood in context of asset growth, but do not currently pose a significant concern given the overall financial strength.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Online Journalism Project Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Online Journalism Project Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.3MTotal Revenue
$876KTotal Expenses
$3.6MTotal Assets
$1.7MTotal Liabilities
$1.9MNet Assets
  • The organization reported a surplus of $432K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 48.2%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a volunteer-led or externally funded leadership structure.

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 Online Journalism Project Inc's IRS 990 filings:

  • Increasing liabilities, though offset by asset growth, warrant monitoring.

Strengths

The following positive indicators were identified for Online Journalism Project Inc:

  • Consistent revenue growth, from $478,073 in 2014 to $1,308,006 in 2023.
  • Strong asset accumulation, reaching $3,623,458 in 2023 from $397,982 in 2014.
  • Consistent operating surpluses, with 2023 revenue exceeding expenses by $431,928.
  • 0% officer compensation reported across all filings, indicating high efficiency and mission focus.
  • Healthy financial position with assets significantly exceeding liabilities.

Frequently Asked Questions about Online Journalism Project Inc

Is Online Journalism Project Inc a legitimate charity?

Online Journalism Project Inc (EIN: 203296979) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Online Journalism Project Inc spend its money?

Online Journalism Project Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Online Journalism Project Inc tax-deductible?

Online Journalism Project Inc is registered as a tax-exempt nonprofit (EIN: 203296979). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Online Journalism Project Inc's spending goes to programs?

Online Journalism Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Online Journalism Project Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Online Journalism Project Inc is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Online Journalism Project Inc located?

Online Journalism Project Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 203296979. It is classified under NTEE code E70.

How many years of IRS 990 filings does Online Journalism Project Inc have?

Online Journalism Project Inc has 13 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 $1.4M in total revenue.

Is Online Journalism Project Inc a good charity?

Based on its financial data, Online Journalism Project Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, efficient spending with significant surpluses, and a notable commitment to directing funds to its mission by reporting 0% officer compensation.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Revenue has grown from $478,073 in 2014 to $1,308,006 in 2023, and assets have increased dramatically from $397,982 to $3,623,458 in the same period, indicating robust growth and stability.

What is the trend in the organization's liabilities?

Liabilities have shown an increasing trend, rising from $83,826 in 2014 to $1,746,876 in 2023. While this growth is substantial, it is important to note that assets have grown even more significantly, maintaining a healthy asset-to-liability ratio.

Filing History

IRS 990 filing history for Online Journalism Project Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Online Journalism Project Inc's revenue has grown by 149.2%, moving from $525K to $1.3M. Total assets increased by 310.1% over the same period, from $884K to $3.6M. Total functional expenses rose by 43.1%, from $612K to $876K. In its most recent filing year (2023), Online Journalism Project Inc reported a surplus of $432K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $3.6M in assets (debt-to-asset ratio: 48.2%), resulting in net assets of $1.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.3M $876K $3.6M $1.7M View 990
2022 $1.4M $688K $2.4M $1.0M View 990
2021 $894K $677K $2.0M $1.3M
2020 $653K $675K $2.0M $1.5M
2019 $711K $606K $2.1M $1.6M View 990
2018 $416K $632K $637K $200K View 990
2017 $712K $573K $929K $276K View 990
2016 $634K $539K $931K $417K View 990
2015 $595K $490K $485K $66K View 990
2014 $478K $425K $398K $84K View 990
2013 $530K $528K $416K $155K View 990
2012 $575K $698K $539K $280K View 990
2011 $525K $612K $884K $501K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.3M, expenses of $876K, and assets of $3.6M (revenue -5.7% year-over-year).
  • 2022: Revenue of $1.4M, expenses of $688K, and assets of $2.4M (revenue +55.2% year-over-year).
  • 2021: Revenue of $894K, expenses of $677K, and assets of $2.0M (revenue +36.8% year-over-year).
  • 2020: Revenue of $653K, expenses of $675K, and assets of $2.0M (revenue -8.1% year-over-year).
  • 2019: Revenue of $711K, expenses of $606K, and assets of $2.1M (revenue +71.1% year-over-year).
  • 2018: Revenue of $416K, expenses of $632K, and assets of $637K (revenue -41.6% year-over-year).
  • 2017: Revenue of $712K, expenses of $573K, and assets of $929K (revenue +12.2% year-over-year).
  • 2016: Revenue of $634K, expenses of $539K, and assets of $931K (revenue +6.5% year-over-year).
  • 2015: Revenue of $595K, expenses of $490K, and assets of $485K (revenue +24.5% year-over-year).
  • 2014: Revenue of $478K, expenses of $425K, and assets of $398K (revenue -9.8% year-over-year).
  • 2013: Revenue of $530K, expenses of $528K, and assets of $416K (revenue -7.8% year-over-year).
  • 2012: Revenue of $575K, expenses of $698K, and assets of $539K (revenue +9.4% year-over-year).
  • 2011: Revenue of $525K, expenses of $612K, and assets of $884K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Online Journalism Project Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Online Journalism Project Inc 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.

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