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Borderless Magazine Nfp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831266434 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Borderless Magazine Nfp?

Borderless Magazine Nfp is a nonprofit organization focusing on immigration journalism, based in Chicago, Illinois. With a mission to reimagine this field for a more equitable future, they publish deeply-reported stories in both English and Spanish, benefiting over 100,000 individuals. Committed to fostering talent, they spend around 1,000 hours mentoring approximately 450 students and young journalists of color through their Pathways program. Furthermore, they offer training workshops, translation support, and resources to universities, news outlets, and professional journalism associations through the Immigration Reporting Lab, contributing significantly to the field of immigration journalism. (Word count: 119)


Official website here: www.borderlessmag.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)

Borderless Magazine Nfp has received a Two-Star rating from Charity Navigator, indicating a need for improvement in their overall accountability and financial practices. With an Accountability & Finance Score of 69%, there are certain areas, particularly in financial management, that could benefit from attention. However, the organization demonstrates strong governance with 100% independent board members and no material diversion of assets, suggesting a commitment to ethical practices.

The organization excels in its Culture & Community Score, which stands at an impressive 91%. This indicates a robust engagement with its community and a focus on inclusive practices. Moreover, the presence of essential policies such as conflict of interest and the listing of their website on tax forms reflects a level of transparency. However, the absence of a whistleblower policy and document retention procedures raises concerns regarding internal accountability.

Financially, Borderless Magazine Nfp has a low liabilities to assets ratio of 1.22%, demonstrating solid financial health. Nonetheless, their program expense ratio of 58.99% suggests that a significant portion of their expenditures may not be directed towards program activities, which could impact their service delivery. Overall, while the organization shows potential and strong community engagement, addressing the identified gaps in governance and financial management would enhance its effectiveness and trustworthiness.


This AI summary has been generated from information found on Charity Navigator.

Is Borderless Magazine Nfp legitimate?

Borderless Magazine Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Borderless Magazine Nfp 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: $76,347
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,248

For more financial information, click here


Official website here: www.borderlessmag.org

What is the mission statement of Borderless Magazine Nfp?

Borderless Magazine NFP, as a nonprofit news outlet, aims to revolutionize immigration journalism for a more fair and inclusive future. Their mission is to reimagine the way immigration stories are reported, striving for a more just and equitable society. The organization has published 183 deeply-reported stories in English and Spanish, reaching over 107,500 individuals. Additionally, Borderless Magazine NFP dedicates time and resources to mentoring around 450 students and young journalists of color, offering training workshops and translation support to universities, news outlets, and professional journalism associations through their Immigration Reporting Lab.


Official website here: www.borderlessmag.org

Who is the CEO of Borderless Magazine Nfp?

Nissa Rhee is the Executive Director of Borderless Magazine Nfp.


Official website here: www.borderlessmag.org

What is the revenue of Borderless Magazine Nfp?

Borderless Magazine Nfp's revenue in 2022 was $480,716.


Official website here: www.borderlessmag.org

Who are the executives of Borderless Magazine Nfp and what are their salaries?

The average compensation at Borderless Magazine Nfp during 2022 was $34,949. There are 8 employees and 3 volunteers at Borderless Magazine Nfp.


Here are 8 key members and their salaries:


Nissa Rhee (Executive Director)
  • Compensation: $69,166
  • Related: $0
  • Other: $0
Michelle Kanaar (Art Director)
  • Compensation: $67,214
  • Related: $0
  • Other: $0
Alex Hernandez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sebastian Gonzalez De Leon (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Herrera (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Woltgen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarita Muley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lekisha Gunn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.borderlessmag.org

Where can I find the form 990 for Borderless Magazine Nfp?

Borderless Magazine Nfp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.borderlessmag.org

Learn more at the official website: www.borderlessmag.org

Mission Statement of Borderless Magazine Nfp

Borderless Magazine NFP, a nonprofit news outlet, is committed to reimagining immigration journalism for a more equitable and just future. This organization's mission is to challenge the status quo in the field of immigration reporting, aiming to benefit a wide audience of over 100,000 individuals. Through their rigorous reporting, they have published 183 deeply-researched stories in both English and Spanish.

In addition to their reporting efforts, Borderless Magazine Nfp also invests in the next generation of journalists. They have spent over 1,000 hours mentoring approximately 450 students and young journalists of color, providing them with invaluable guidance and support. Furthermore, the organization offers training workshops and translation support to universities, news outlets, and professional journalism associations, thereby contributing to the broader journalistic community.

In summary, Borderless Magazine NFP is a pioneering nonprofit news outlet dedicated to reshaping immigration journalism and advocating for a more fair and just future. Their mission encompasses both high-quality reporting and mentorship, aiming to empower the next generation of journalists and broaden the scope of immigration discourse.

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Impact




July, 2024

Borderless Magazine Nfp's impact can be truly seen in its reimagining of immigration journalism for a more just and equitable future. Through their reporting, they have published 183 deeply-reported stories about immigration in both English and Spanish, reaching and benefiting a total of 107,500 individuals. Additionally, the organization has dedicated 1000 hours to mentoring approximately 450 students and young journalists of color through their Pathways program. Furthermore, their Immigration Reporting Lab has provided invaluable training workshops and translation support to universities, news outlets, and professional journalism associations. Based in Chicago, Illinois, Borderless Magazine Nfp is making a significant impact in the field of immigration journalism, empowering diverse voices and shedding light on important issues.




This information is meant to be a general summary of Borderless Magazine Nfp. 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.

Revenue
$480,716 (2022)
Expenses
$413,010 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $53
  • Program Service Revenue: $8,016
  • Gross Receipts: $480,716

Assets and Liabilities:

  • Total Assets: $213,634
  • Total Liabilities: $14,038
  • Net Assets: $199,596

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICES

Revenue

$8,016

Organization Details

Founding Year

2018

Principal Officer

Nissa Rhee

Main Address

3432 W DIVERSEY AVE 2ND FLOOR STE 8, CHICAGO, IL, 60647

NTEE Category

Code: A99 - Arts

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