Optout Media Foundation Inc

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

EIN: 852348079 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Optout Media Foundation Inc?

The Optout Media Foundation Inc is a nonprofit organization dedicated to enlightening the public about current events and preserving a varied media landscape. They accomplish this by championing and aiding independent news sources. The foundation advocates for democracy and social justice. One of their significant initiatives was launching, managing, curating, and promoting an innovative beta app named OptOut News App for iOS and Android. This app gathered content from over 150 financially stable and reliable news outlets, garnering numerous downloads.


Official website here: www.optout.news/

Is Optout Media Foundation Inc legitimate?

Optout Media Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Optout Media Foundation Inc submitted a form 990EZ, 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.


Official website here: www.optout.news/

What is the mission statement of Optout Media Foundation Inc?

The Optout Media Foundation's mission is centered around educating the public about current events and fostering a varied media landscape. It achieves this by supporting and aiding independent news outlets. The foundation's aim is to strengthen democracy and promote social justice. In pursuit of this goal, they developed and maintained an application, the OptOut News App, which collects content from over a hundred financially independent and reliable news sources. The app, which was downloaded frequently, served to provide diverse news content to the public.


Official website here: www.optout.news/

Who is the CEO of Optout Media Foundation Inc?

Unavailable


Official website here: www.optout.news/

What is the revenue of Optout Media Foundation Inc?

Optout Media Foundation Inc's revenue in 2022 was $82,781.


Official website here: www.optout.news/

Who are the executives of Optout Media Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Alex Kotch (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walker Bragman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Colangelo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Bustillos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.optout.news/

Where can I find the form 990EZ for Optout Media Foundation Inc?

Optout Media Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.optout.news/

Learn more at the official website: www.optout.news/

Mission Statement of Optout Media Foundation Inc

Optout Media Foundation, a nonprofit organization, is committed to enlightening the public about current events and fostering a robust independent media landscape. It accomplishes this by advocating for and aiding financially viable, trustworthy news outlets. The foundation's mission is to bolster democracy and social justice, playing a significant role in promoting informed decision-making and open dialogue in society.

To further its mission, Optout Media Foundation launched, maintained, curated, and promoted an original mobile application named OptOut News App. This app aggregates content from over 150 independent news sources, ensuring that users have access to a diverse range of perspectives and information. The app's popularity is evident in its high download frequency, demonstrating the public's interest in and reliance on independent news outlets. By supporting and promoting these outlets, Optout Media Foundation contributes to a more balanced and transparent media ecosystem, ultimately benefitting society as a whole.

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Impact




October, 2024

Optout Media Foundation Inc significantly impacts the media landscape by educating the public about current events and supporting a diverse array of independent news outlets. By promoting financial independence among news organizations, it strengthens the media ecosystem and ensures that varied perspectives are accessible to the public.

One of its notable contributions is the OptOut News App, which aggregates content from over 150 trustworthy news sources. This platform not only enhances the visibility of independent journalism but also empowers users to stay informed with reliable information. The frequent downloads of the app indicate a strong public interest in accessing diverse and independent news, reflecting a growing need for such resources in today's information environment.

Through its efforts, Optout Media Foundation is advancing democracy and social justice, fostering an informed citizenry that is essential for a healthy society.




This information is meant to be a general summary of Optout Media Foundation 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.

Revenue
$82,781 (2022)
Expenses
$71,495 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $82,781

Assets and Liabilities:

  • Total Assets: $37,869
  • Total Liabilities: $0
  • Net Assets: $37,869

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Organization Details

Main Address

495A Henry Street 222, Brooklyn, NY, 11231

NTEE Category

Code: W99 - Public benefit

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