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Community News Foundation

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

EIN: 833525020 ✦ Harrisonville, MO ✦ Designated as a 501(c)(3)

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Overview

What is Community News Foundation?

Community News Foundation is a nonprofit organization situated in Harrisonville, Missouri, specifically at 117 S Lexington St. Their primary goal is to revitalize community-focused journalism. They accomplish this by providing financial support for news reporting on over 1,000 online news sites that specialize in community news. These sites publish around 100,000 articles every month, covering local issues and drawing from government databases, industry sources, citizen interviews, and in-depth reporting. These articles reach over 1 million readers monthly. Beyond grant-giving, Community News Foundation also develops digital platforms to further strengthen community-based journalism.


Official website here: www.metricmedia.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Community News Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas needing improvement within the organization. With an overall score of 66%, this rating is primarily based on accountability and finance metrics. While the foundation demonstrates strong governance with a fully independent board and transparency in its tax filings, it faces notable challenges in financial reporting and efficiency.

Strengths include a comprehensive conflict of interest policy and an excellent record on program expenses and liabilities, showcasing responsible management of assets. However, the foundation's financial statements lack thorough review or compilation, and its fundraising efficiency and working capital ratios are particularly low. These issues suggest a need for better financial oversight and operational strategies to enhance sustainability and effectiveness.

Feedback indicates that while the organization has a solid ethical stance and the right governance framework, it may struggle to leverage its resources effectively for fundraising. Addressing these limitations will be crucial for the Community News Foundation to improve its overall performance and impact in its community.


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

Is Community News Foundation legitimate?

Community News Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.metricmedia.org

What is the mission statement of Community News Foundation?

The Community News Foundation's mission is centered around revitalizing community-focused journalism. This is achieved through the provision of grants and the development of digital platforms. The organization's primary goal is to strengthen online news outlets that specialize in local issues, offering content underwriting support to over a thousand such websites. The Foundation publishes a substantial number of articles each month, covering a wide range of topics related to community concerns. These articles, which include data from government databases and industry sources, interviews with citizens, and in-depth reporting, are viewed by over a million readers each month.


Official website here: www.metricmedia.org

Who is the CEO of Community News Foundation?

Rakesh Donthineni is the President of Community News Foundation.


Official website here: www.metricmedia.org

What is the revenue of Community News Foundation?

Community News Foundation's revenue in 2022 was $3,572,768.


Official website here: www.metricmedia.org

Who are the executives of Community News Foundation and what are their salaries?


Here are 3 key members and their salaries:


Steve Appel (Executive Director/Secretary)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
Victor Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rakesh Donthineni (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.metricmedia.org

Where can I find the form 990 for Community News Foundation?

Community News Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.metricmedia.org

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

Mission Statement of Community News Foundation

The Community News Foundation, in its mission, strives to revitalize community-focused journalism. This is achieved through the provision of grants and the development of digital platforms. The organization's objectives extend beyond financial support, aiming to foster a robust and vibrant community news landscape. The foundation underwrites content for over a thousand online news sites that prioritize local issues. Each month, they publish over 100,000 articles, drawing from various sources such as government databases, industry reports, citizen interviews, and in-depth reporting. These articles, brimming with local relevance, garner the attention of over a million readers, thereby amplifying the voice of the community.

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Impact




July, 2024

Community News Foundation's impact is significant, as it has provided content underwriting support for news reporting on more than 1,000 online news sites that are centered on community news. This has resulted in the publication of over 100,000 articles per month that cover local issues, incorporating data from government databases and industry sources, interviews with citizens, and in-depth reporting. These articles have been viewed by more than 1 million readers, contributing to the dissemination of important information and fostering community engagement.




This information is meant to be a general summary of Community 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.

Revenue
$3,572,768 (2022)
Expenses
$3,597,758 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,572,768

Assets and Liabilities:

  • Total Assets: $308,915
  • Total Liabilities: $0
  • Net Assets: $308,915

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Organization Details

Founding Year

2019

Principal Officer

Rakesh Donthineni

Main Address

117 S LEXINGTON ST, HARRISONVILLE, MO, 64701

NTEE Category

Code: W01 - Public benefit

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