Overview
What is Iowa Newspaper Foundation?
The Iowa Newspaper Foundation, situated in Des Moines, Iowa, is a dedicated nonprofit organization. Their primary focus is to promote the newspaper industry and enhance its members' understanding of new regulations and products. They achieve this through hosting conventions, seminars, and contests. The foundation's mission extends beyond industry promotion, aiming to champion and improve the quality and future of Iowa's newspaper enterprises and the communities they serve. To fulfill this mission, they also raise funds.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Iowa Newspaper Foundation has received a low score which reflects significant concerns regarding its financial management and program efficiency. While the organization scores well on governance with perfect marks for having an independent board and policies in place for conflict of interest and whistleblower protections, its financial ratios raise red flags. The liabilities to assets ratio stands at 28.53%, and the program expense ratio is only 25.71%, indicating that a minimal portion of its resources is being directed towards its main activities.
Despite some strengths in accountability and governance, the overall financial health of the Iowa Newspaper Foundation is a critical concern. The organization has not demonstrated effective use of its funds towards its mission, which could impact its sustainability and effectiveness in serving the community. Stakeholders and potential donors may want to consider these factors carefully before engaging with or supporting the foundation.
In summary, while the Iowa Newspaper Foundation exhibits strong governance practices, its financial management leaves much to be desired. This combination has led to a low overall rating, suggesting that improvements are needed for the organization to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa Newspaper Foundation legitimate?
Iowa Newspaper Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Newspaper Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Iowa Newspaper Foundation?
The Iowa Newspaper Foundation's mission is to advocate for and enhance the quality and future of Iowa's newspaper enterprises, thereby contributing positively to the communities they serve. This mission is achieved by raising funds and organizing events such as conventions, seminars, and contests. These activities aim to promote industry growth, increase membership understanding of new regulations and products, and foster a supportive environment within the industry.
Who is the CEO of Iowa Newspaper Foundation?
Debbie Anselm is the Executive Di of Iowa Newspaper Foundation.
What is the revenue of Iowa Newspaper Foundation?
Iowa Newspaper Foundation's revenue in 2022 was $12,415.
Who are the executives of Iowa Newspaper Foundation and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $241,709
- Other: $39,854
- Compensation: $0
- Related: $208,399
- Other: $15,592
- Compensation: $0
- Related: $110,827
- Other: $14,766
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- Other: $0
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- Other: $0
Where can I find the form 990 for Iowa Newspaper Foundation?
Iowa Newspaper Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iowa Newspaper Foundation
The Iowa Newspaper Foundation is committed to championing and enhancing the quality and future of newspaper businesses in Iowa and the communities they serve. This nonprofit organization seeks to achieve its mission by organizing conventions, seminars, and contests to promote the industry and increase member understanding of new regulations and products within the field. By doing so, Iowa Newspaper Foundation aims to strengthen the newspaper enterprises and the communities they serve, ultimately raising funds to fulfill this objective.
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Impact
August, 2024
The Iowa Newspaper Foundation plays a crucial role in championing and improving the quality and future of Iowa's newspaper enterprises and the communities they serve. By putting on conventions, seminars, and contests, this organization promotes industry standards and increases member understanding of new regulations and products. Through its activities, the Iowa Newspaper Foundation significantly contributes to the development and sustainability of the newspaper industry in Iowa, ultimately benefiting both the industry professionals and the communities that rely on local news coverage.
This information is meant to be a general summary of Iowa Newspaper Foundation. 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.
- Investment Income: -$225,946
- Program Service Revenue: $79,966
- Gross Receipts: $12,415
Assets and Liabilities:
- Total Assets: $2,119,448
- Total Liabilities: $604,707
- Net Assets: $1,514,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTIONS/SEMINARS
Revenue
$79,966
Organization Details
Founding Year
1984
Phone
(515) 244-2145Principal Officer
Debbie Anselm
Main Address
319 EAST 5TH STREET, DES MOINES, IA, 50309
NTEE Category
Code: A33 - Arts
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