Overview
What is City Report Inc?
City Report Inc, founded in April 2019, is a nonprofit, nonpartisan digital news platform based in New York City. Their mission is to serve the community with high-quality, impactful journalism, focusing on accountability and promoting democratic participation. They produce free, hard-hitting reports, relying on the support of members, donors, and sponsors rather than charging for access. With a dedicated team of 43 individuals, City Report Inc aims to hold the powerful accountable and deepen civic engagement in New York.
Official website here: www.thecity.nyc
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
City Report Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 92% overall, indicating a robust commitment to financial transparency and responsible management, with a particularly noteworthy score of 100% for having an entirely independent board. This emphasizes the charity's dedication to good governance.
The charity demonstrates effective financial stewardship, evidenced by a low liabilities-to-assets ratio of 9.08% and a program expense ratio of 73.29%, meaning the majority of its funds are directed towards its programs. Additionally, its fundraising efficiency is highly rated at $0.09 spent to raise each dollar, further showcasing its operational effectiveness in maximizing donor contributions towards its mission.
However, there are some areas for improvement, as noted in the rating. The absence of a whistleblower policy and a document retention and destruction policy could pose risks to organizational integrity and transparency. Addressing these gaps could enhance City Report Inc's governance framework, ensuring continued trust from donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is City Report Inc legitimate?
City Report Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Report Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,330,084
Professional Fundraising Fees: $40,000
Other Salaries and Wages: $2,455,429
For more financial information, click here
Official website here: www.thecity.nyc
What is the mission statement of City Report Inc?
City Report Inc, a nonprofit and nonpartisan digital news platform, is committed to serving the people of New York through investigative journalism. Their mission is to deepen democratic participation and hold powerful entities accountable. City Report Inc operates as a digital news platform dedicated to producing high-quality, impactful reports that are freely accessible to all. They rely on the support of members, donors, and sponsors, rather than charging for access to their content. Their work primarily focuses on accountability reporting and service journalism.
Official website here: www.thecity.nyc
Who is the CEO of City Report Inc?
Nicholas Dawes is the Executive Director of City Report Inc.
Official website here: www.thecity.nyc
What is the revenue of City Report Inc?
City Report Inc's revenue in 2022 was $6,365,275.
Official website here: www.thecity.nyc
Who are the executives of City Report Inc and what are their salaries?
The average compensation at City Report Inc during 2022 was $88,035. There are 43 employees and 16 volunteers at City Report Inc.
Here are 25 key members and their salaries:
- Compensation: $340,743
- Related: $0
- Other: $66,578
- Compensation: $281,185
- Related: $0
- Other: $37,875
- Compensation: $164,141
- Related: $0
- Other: $61,232
- Compensation: $169,769
- Related: $0
- Other: $27,509
- Compensation: $123,618
- Related: $0
- Other: $59,483
- Compensation: $162,543
- Related: $0
- Other: $18,509
- Compensation: $141,188
- Related: $0
- Other: $10,151
- Compensation: $123,545
- Related: $0
- Other: $19,964
- Compensation: $104,710
- Related: $0
- Other: $15,007
- Compensation: $0
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Official website here: www.thecity.nyc
Where can I find the form 990 for City Report Inc?
City Report Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thecity.nyc
Learn more at the official website: www.thecity.nyc
Mission Statement of City Report Inc
City Report Inc, a nonprofit organization, is committed to serving the people of New York through independent journalism. Their mission is twofold: firstly, to deepen democratic participation by providing news that encourages active engagement in the community; and secondly, to hold the powerful accountable by delivering hard-hitting reports that expose misconduct and injustice. As a nonpartisan digital news platform, City Report Inc is dedicated to producing high-quality and impactful accountability reporting and service journalism, all of which is free to access for the public. Instead of generating revenue through subscriptions, they rely on the support of members, donors, and sponsors, thereby ensuring their work remains accessible to all.
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Impact
July, 2024
City Report Inc's impact can be seen through its dedication to independent journalism that deepens democratic participation and holds the powerful to account in New York. By providing high-quality and high-impact accountability reporting and service journalism, City Report Inc plays a crucial role in informing the public, fostering transparency, and promoting civic engagement. Through its free access model supported by members, donors, and sponsors, City Report Inc ensures that its impactful journalism reaches a wide audience and contributes to a more informed and empowered community in New York.
This information is meant to be a general summary of City Report Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $6,412,575
Assets and Liabilities:
- Total Assets: $7,612,773
- Total Liabilities: $691,729
- Net Assets: $6,921,044
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Organization Details
Founding Year
2018
Phone
(917) 671-0401Principal Officer
Nicholas Dawes
Main Address
85 BROAD STREET Suite 12TH FL, NEW YORK, NY, 10004
Website
www.thecity.nycNTEE Category
Code: A30 - Arts
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