Overview
What is American Journalism Project Inc?
American Journalism Project Inc is a nonprofit organization based in Washington, D.C., with a team of 25 employees. They focus on venture philanthropy, dedicated to building and supporting local news across the United States. Through a competitive grantmaking process, they have committed grants to 32 news organizations as of the end of 2021. The American Journalism Project goes beyond just funding; they pair financial investments with capacity-building support, making transformative investments in the business and operational capacity of local news organizations to help them grow and scale sustainably. Their mission is to hold the powerful accountable, combat disinformation, and deepen civic participation in communities by strengthening nonprofit local news organizations.
Official website here: www.theajp.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The American Journalism Project Inc. has received an exceptional rating of 100% from Charity Navigator, indicating strong performance in accountability and finance. This organization excels with a full score in various metrics, including an independent board, effective financial oversight, and a solid program expense ratio of 88.39%. Their fundraising efficiency and a low liabilities to assets ratio further demonstrate sound financial health.
In addition to their financial strengths, the organization also shines in culture and community metrics. They scored perfectly in feedback collection and usage, indicating a commitment to community engagement and responsiveness. Their equity strategies and practices reflect a proactive approach to inclusivity and representation within their operations.
While the ratings highlight significant strengths, they do not report any noted limitations or areas for improvement, showcasing the American Journalism Project Inc. as a model nonprofit in the journalism sector. Overall, the organization is recognized for its transparency, effective governance, and robust community involvement.
This AI summary has been generated from information found on Charity Navigator.
Is American Journalism Project Inc legitimate?
American Journalism Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Journalism Project 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: $2,185,406
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,419,941
For more financial information, click here
Official website here: www.theajp.org/
What is the mission statement of American Journalism Project Inc?
The American Journalism Project Inc is a unique venture philanthropy organization committed to bolstering local news across the United States. Through grant making, community partnerships, and leadership coaching, the American Journalism Project aims to strengthen and expand the reach of nonprofit news organizations. By combining financial investment with capacity-building support, this initiative makes transformative investments in the business and operational capabilities of local news entities, enabling them to grow and sustainably scale.
Official website here: www.theajp.org/
Who is the CEO of American Journalism Project Inc?
Sarabeth Berman is the Chairperson of American Journalism Project Inc. The CEO's salary of American Journalism Project Inc is $236,047 and their total compensation is $269,827.
Official website here: www.theajp.org/
What is the revenue of American Journalism Project Inc?
American Journalism Project Inc's revenue in 2022 was $42,411,860.
Official website here: www.theajp.org/
Who are the executives of American Journalism Project Inc and what are their salaries?
The average compensation at American Journalism Project Inc during 2022 was $144,214. There are 25 employees and 10 volunteers at American Journalism Project Inc.
Here are 20 key members and their salaries (American Journalism Project Inc's CEO's salary is $236,047 and their total compensation is $269,827):
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- Compensation: $236,047
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- Other: $33,780
- Compensation: $172,111
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- Other: $20,080
- Compensation: $195,225
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- Other: $19,956
- Compensation: $203,606
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- Other: $7,616
- Compensation: $188,406
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- Compensation: $151,385
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- Compensation: $156,239
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- Other: $15,737
- Compensation: $181,840
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- Other: $16,893
- Compensation: $168,535
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- Other: $25,898
- Compensation: $183,370
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- Other: $7,953
Official website here: www.theajp.org/
Where can I find the form 990 for American Journalism Project Inc?
American Journalism Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theajp.org/
Learn more at the official website: www.theajp.org/
Mission Statement of American Journalism Project Inc
The American Journalism Project, Inc. is a pioneering venture philanthropy that concentrates on fostering local news organizations across the United States. By making grants to nonprofit news outlets, the American Journalism Project supports the growth and development of local journalism networks nationwide. The organization goes beyond financial aid, offering capacity-building venture support to enable sustainable business and operational growth for these newsrooms.
The American Journalism Project's mission is to strengthen local news ecosystems by investing in the financial and operational capacity of nonprofit news organizations. With a first-of-its-kind approach, the organization acts as a catalyst, providing transformative investments that empower local news organizations to thrive and expand their reach. By marrying financial backing with hands-on support, the American Journalism Project has become a vital partner in the growth journey for nonprofit news organizations throughout the country.
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Impact
October, 2024
The American Journalism Project Inc significantly impacts local journalism by fostering the development of independent, nonprofit news organizations across the United States. By providing financial support and capacity-building resources, it strengthens the operational and business capabilities of these organizations. This approach not only ensures a diverse and vibrant news landscape but also reinforces the accountability of those in power and combats misinformation.
Through a rigorous grantmaking process, the organization has committed funds to 32 news outlets, enhancing their ability to serve their communities effectively. The American Journalism Project works collaboratively with local communities to establish new media organizations and mentors leaders, ensuring that they have the tools and support needed for sustainable growth. This dual focus on financial investment and strategic guidance is transformative, empowering local newsrooms to deepen civic participation and engage citizens in meaningful ways. As a result, its contributions are essential to the health of democracy and community engagement in an increasingly complex media environment.
This information is meant to be a general summary of American Journalism Project 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 2022.
- Investment Income: -$173,457
- Gross Receipts: $42,814,363
Assets and Liabilities:
- Total Assets: $54,991,005
- Total Liabilities: $2,413,651
- Net Assets: $52,577,354
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Organization Details
Founding Year
2018
Phone
(877) 829-5500Principal Officer
Sarabeth Berman
Main Address
6218 GEORGIA AVENUE NW 1-599, WASHINGTON, DC, 20011
Website
www.theajp.org/NTEE Category
Code: A30 - Arts
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