Overview
What is The562 Network Inc?
The562 Network Inc is a community-funded, nonprofit media outlet based in Long Beach, California. Their primary mission is to cover sports and education within the city, providing free articles, video highlights, photo galleries, podcasts, features, previews, and more. Founders Mike Guardabascio and JJ Fiddler, along with other staff members, engage with local high schools and colleges to foster future journalists. Their digital platform, The562.org, attracts about 150,000 page views each month, with 50,000 unique readers, and their videos are viewed between 75,000 and 160,000 times monthly. The562 Network serves as a public service for the community, promoting local events and supporting youth on and off campus. Their team aims to strengthen local journalism in Long Beach, with a focus on sports coverage and educational initiatives.
Official website here: www.the562.org
Is The562 Network Inc legitimate?
The562 Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The562 Network 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: $203,257
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.the562.org
What is the mission statement of The562 Network Inc?
The562 Network Inc is established as a nonprofit public benefit corporation, dedicated to serving the community by providing high-quality, free news coverage. Their primary focus is on youth and amateur sports in the surrounding areas, offering student-athletes free exposure without the influence of college recruiting services. The organization also invests time in educating young and aspiring journalists in high schools and colleges, helping them develop the skills necessary for a successful career in the field. The multimedia content they produce, including articles, videos, and photographs, is featured on their website, The562.org, strengthening local journalism and promoting community engagement.
Official website here: www.the562.org
What is the revenue of The562 Network Inc?
The562 Network Inc's revenue in 2023 was $302,316.
Official website here: www.the562.org
Who are the executives of The562 Network Inc and what are their salaries?
The average compensation at The562 Network Inc during 2023 was $67,752. There are 3 employees at The562 Network Inc.
Here are 13 key members and their salaries:
- Compensation: $68,992
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- Compensation: $67,514
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- Compensation: $63,861
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Official website here: www.the562.org
Where can I find the form 990 for The562 Network Inc?
The562 Network Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.the562.org
Learn more at the official website: www.the562.org
Mission Statement of The562 Network Inc
The562 Network, a nonprofit organization, is dedicated to strengthening local journalism in the city of Long Beach, California, and its surrounding communities. Their mission is twofold: firstly, they aim to establish a sustainable nonprofit news agency that provides high-quality news content for free, without charging readers or viewers, thereby fostering easy access to information for the community. Secondly, they focus on covering youth and amateur sports in the area, offering free exposure to student-athletes while providing them with valuable opportunities to enhance their journalistic skills. The organization's team of journalists, with extensive experience in the field, collaborates with schools, colleges, and universities in the area, thereby serving as a public service for the community. The multimedia content, including articles, videos, and photographs, is showcased on their website, www.The562.org, and their work is funded through donations. The corporation's staff also spends time in classrooms, mentoring and coaching young and aspiring high school and college journalists, helping them build the skills necessary to succeed in the professional world.
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Impact
October, 2024
The562 Network Inc. significantly enhances the landscape of local journalism in Long Beach, California, by providing comprehensive coverage of sports and education, thereby fostering community engagement and pride. By offering free access to high-quality news products—ranging from articles and podcasts to video highlights and photo galleries—The562 Network ensures that vital information is available to all residents without barriers, such as paywalls.
With a monthly audience of around 150,000 page views and substantial social media engagement, the organization acts as a critical platform for local voices and events, particularly those involving youth and amateur sports. By collaborating with local schools, colleges, and aspiring journalists, the network not only covers events but also actively contributes to the development of new talent in the field of media. Founders Mike Guardabascio and JJ Fiddler, along with their team, leverage their extensive experience to produce a well-respected public service that highlights student-athletes and supports community initiatives.
The562 Network’s commitment to free and accessible journalism empowers residents to stay informed and engaged, reinforces local identity, and strengthens community ties. By encouraging submissions from the public and focusing on local stories, the organization creates a more informed and cohesive community in Long Beach.
This information is meant to be a general summary of The562 Network 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 2023.
- Program Service Revenue: $60,800
- Gross Receipts: $302,316
Assets and Liabilities:
- Total Assets: $25,064
- Total Liabilities: $0
- Net Assets: $25,064
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
News Syndicates
Revenue
$60,800
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
2018
Principal Officer
Sharleen Chiyeko Higa
Website
www.the562.orgNTEE Category
Code: A33 - Arts
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