Overview
What is Online News Association?
The Online News Association (ONA) is a nonprofit organization based in Washington D.C., specifically at 1111 N Capitol St NE 2nd FL. Their primary mission is to foster innovation and excellence in digital journalism. ONA supports this mission by serving as a fiscal sponsor for The Pivot Fund, an investment venture dedicated to empowering independent, BIPOC-led, culturally competent community news organizations with a goal of investing $500 million. This support comes in various forms, including funding, capacity building, training sessions, and opportunities for collaborative journalism. ONA's vision is for the journalism community to boldly innovate and engage effectively with the public. The organization currently employs 14 individuals.
Official website here: www.journalists.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Online News Association has achieved an impressive 100% rating from Charity Navigator, primarily based on its outstanding accountability and financial management practices. The organization's full score reflects its strong commitment to transparency and ethical governance, with a fully independent board and no reported material diversions of assets. This high level of financial integrity enhances donor confidence and reinforces the organization's credibility in the nonprofit sector.
Strengths of the Online News Association include a notable program expense ratio of 73.54%, indicating that a significant portion of its funds are directed toward its mission-driven programs. Additionally, the organization demonstrates efficiency in fundraising, with a low fundraising cost of $0.09 per dollar raised. These financial indicators suggest that the organization is effectively utilizing its resources to support its goals and initiatives.
While the data does not highlight any specific limitations, the high rating generally signifies that the Online News Association is operating at a commendable standard in terms of both accountability and financial health. Overall, this organization exemplifies best practices in the nonprofit industry, making it a reliable choice for donors looking to support a trustworthy entity.
This AI summary has been generated from information found on Charity Navigator.
Is Online News Association legitimate?
Online News Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Online News Association 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: $252,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,008,089
For more financial information, click here
Official website here: www.journalists.org
What is the mission statement of Online News Association?
The Online News Association (ONA) aims to inspire and support innovation and excellence in digital journalism. Their mission is underpinned by a vision for the journalism community to boldly innovate, ultimately engaging and informing the public more effectively. As part of their mission, ONA serves as a fiscal sponsor for the Pivot Fund, a venture philanthropy organization that invests in independent, BIPOC-led, culturally competent community news organizations. This is accomplished through funding, capacity building, trainings, and opportunities for collaborative journalism.
Official website here: www.journalists.org
Who is the CEO of Online News Association?
Lasharah Bunting is the President of Online News Association.
Official website here: www.journalists.org
What is the revenue of Online News Association?
Online News Association's revenue in 2022 was $4,084,170.
Official website here: www.journalists.org
Who are the executives of Online News Association and what are their salaries?
The average compensation at Online News Association during 2022 was $90,071. There are 14 employees and 50 volunteers at Online News Association.
Here are 19 key members and their salaries:
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- Compensation: $170,259
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- Compensation: $153,207
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- Other: $18,472
Official website here: www.journalists.org
Where can I find the form 990 for Online News Association?
Online News Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.journalists.org
Learn more at the official website: www.journalists.org
Mission Statement of Online News Association
The Online News Association (ONA) is dedicated to inspiring and supporting innovation and excellence in digital journalism. Their mission is to empower the journalism community to boldly innovate, aiming to engage and inform the public more effectively. The organization's vision is centered around fostering an environment where journalists can push the boundaries of digital storytelling, ultimately benefiting the public. Beyond this, ONA serves as a fiscal sponsor for the Pivot Fund, a venture philanthropy organization focused on investing $500 million into independent, BIPOC-led, culturally competent community news organizations. This is achieved through various means, including funding, capacity building, training, and opportunities for collaborative journalism. In essence, Online News Association strives to drive transformation in the digital journalism landscape, ensuring it remains a powerful tool for public engagement and information dissemination.
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Impact
July, 2024
The Online News Association's impact lies in inspiring and supporting innovation and excellence in digital journalism. By providing opportunities for training, collaboration, and funding through initiatives like the Pivot Fund, ONA contributes to the growth and success of independent BIPOC-led community news organizations. This support not only strengthens the journalism community but also helps in better engaging and informing the public through bold innovation in digital media.
This information is meant to be a general summary of Online News Association. 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: $39,214
- Program Service Revenue: $1,848,785
- Gross Receipts: $4,084,170
Assets and Liabilities:
- Total Assets: $2,002,614
- Total Liabilities: $297,079
- Net Assets: $1,705,535
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE INCOME
Revenue
$1,423,763
ADVERTISING
Revenue
$205,622
AWARD SUBMISSION FEES
Revenue
$148,460
FISCAL SPONSORSHIP
Revenue
$70,940
Organization Details
Founding Year
1999
Phone
(202) 540-0945Principal Officer
Lasharah Bunting
Main Address
1111 N CAPITOL ST NE 2ND FL, WASHINGTON, DC, 20002
Website
www.journalists.orgNTEE Category
Code: B99 - Education
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