Overview
What is Bay City News Foundation?
The Bay City News Foundation is a nonprofit organization situated in Berkeley, California, specifically at 900 Hilldale Avenue. Their primary mission is to disseminate news stories that positively impact the community, through their website Local News Matters. The foundation's journalistic activities aim to benefit the general public. They are dedicated to publishing news that resonates with the local community.
Official website here: www.localnewsmatters.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star Rating)
The Bay City News Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of performance with an overall score of 78%. The organization excels in accountability and finance, achieving a high score of 90%, which reflects its strong governance practices, including a fully independent board and no material diversion of assets.
While the foundation demonstrates effectiveness in its financial management and program expenses, with a program expense ratio of approximately 91.73%, it does have some limitations. Notably, it lacks policies for conflict of interest, whistleblowing, and document retention, which are essential for best practices in nonprofit governance. These missing elements may affect its overall culture and community score of 73.
Overall, the Bay City News Foundation shows promise in its mission and financial health but needs to address governance shortcomings to improve its standing further and strengthen community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Bay City News Foundation legitimate?
Bay City News Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay City News 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: $85,000
Other Salaries and Wages: $359,563
For more financial information, click here
Official website here: www.localnewsmatters.org
What is the mission statement of Bay City News Foundation?
The Bay City News Foundation's mission is centered around publishing journalistic content that serves the public benefit. Through the Local News Matters website, they disseminate news stories that hold significance for the general population. The foundation's primary objective is to provide accurate and meaningful information to the public. Their activities primarily revolve around the creation and dissemination of news content.
Official website here: www.localnewsmatters.org
Who is the CEO of Bay City News Foundation?
Katherine Rowlands is the Board Member of Bay City News Foundation.
Official website here: www.localnewsmatters.org
What is the revenue of Bay City News Foundation?
Bay City News Foundation's revenue in 2022 was $477,853.
Official website here: www.localnewsmatters.org
Who are the executives of Bay City News Foundation and what are their salaries?
There 5 volunteers at Bay City News Foundation.
Here are 11 key members and their salaries:
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Official website here: www.localnewsmatters.org
Where can I find the form 990 for Bay City News Foundation?
Bay City News Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.localnewsmatters.org
Learn more at the official website: www.localnewsmatters.org
Mission Statement of Bay City News Foundation
Bay City News Foundation, a notable entity, is dedicated to disseminating journalism that serves the greater public good. This is accomplished through the publication of news stories on their website, Local News Matters. The organization's mission is to provide information that positively impacts the community, ensuring that the local news matters to its audience. Their journalistic efforts aim to engage and inform the public, fostering a sense of connection and understanding within the community.
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Impact
July, 2024
Bay City News Foundation's impact can be seen through its Local News Matters website, where it publishes journalism that benefits the general public. By providing news stories on a local level, the foundation plays a crucial role in keeping the community informed and engaged. Additionally, their focus on arts coverage helps promote cultural awareness and appreciation within the region. Overall, Bay City News Foundation contributes to a more informed and connected local community through its journalism efforts.
This information is meant to be a general summary of Bay City News 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.
- Gross Receipts: $477,853
Assets and Liabilities:
- Total Assets: $78,739
- Total Liabilities: $0
- Net Assets: $78,739
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Organization Details
Founding Year
2019
Principal Officer
Katherine Rowlands
Main Address
900 HILLDALE AVENUE, BERKELEY, CA, 94708
Website
www.localnewsmatters.orgNTEE Category
Code: A33 - Arts
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