FAIRNESS & ACCURACY IN REPORTING INC

EIN: 133392362 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$441,885
Total Expenses
$600,459
Total Assets
$895,480
Net Assets
$726,328
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NY
Phone
2126336700
Tax Period
2023-07-01 to 2024-06-30

FAIRNESS & ACCURACY IN REPORTING INC, founded in 1986, is a small nonprofit in the Community Improvement sector that reported $442K in total revenue in fiscal year 2023. Expenses of $600K exceeded revenue, resulting in a 36% operating deficit.

Mission

FAIRS ORGANIZATIONAL MISSION IS TO MONITOR, RESEARCH AND DOCUMENT MEDIA REPORTING FOR INACCURACIES AND BIAS AND MAKE THIS INFORMATION AVAILABLE TO THE PUBLIC. THIS PURPOSE IS FULFILLED WITH PUBLICATION OF THE NEWSLETTER EXTRA!, THE BROADCAST OF THE WEEKLY RADIO SHOW COUNTERSPIN AND PUBLISHING THIS INFORMATION ON ITS WEBSITE FAIR.ORG.

Program Service Accomplishments

Program 1
Expenses: $221,062 Revenue: $25,875

FAIR IS THE PUBLISHER OF THE NEWSLETTER EXTRA! EXTRA! PUBLISHES WELL-DOCUMENTED ARTICLES EXAMINING INACCURATE OR BIAS REPORTING, CENSORED NEWS, PRESS/STATE CRONYISM, THE POWER OF CORPORATE OWNERS AND...

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FAIR IS THE PUBLISHER OF THE NEWSLETTER EXTRA! EXTRA! PUBLISHES WELL-DOCUMENTED ARTICLES EXAMINING INACCURATE OR BIAS REPORTING, CENSORED NEWS, PRESS/STATE CRONYISM, THE POWER OF CORPORATE OWNERS AND ADVERTISERS, AND THE EXCLUSION OF PROGRESSIVE VOICES IN THE MAINSTREAM MEDIA.

Program 2
Expenses: $178,067 Revenue: $0

FAIR RESEARCHES AND ANALYZES NEWS REPORTS FOR EXAMPLES OF BIAS AND INACCURACIES. IT ALSO DOCUMENTS INSTANCES OF CORPORATE AND ADVERTISING INFLUENCE IN THE NEWS. WITH STUDIES, REPORTS AND INTERVIEWS...

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FAIR RESEARCHES AND ANALYZES NEWS REPORTS FOR EXAMPLES OF BIAS AND INACCURACIES. IT ALSO DOCUMENTS INSTANCES OF CORPORATE AND ADVERTISING INFLUENCE IN THE NEWS. WITH STUDIES, REPORTS AND INTERVIEWS FAIR PRESENTS FACT-BASED INFORMATION TO THE PUBLIC WITH ITS PRINT NEWSLETTER, WEEKLY RADIO SHOW AND WEBSITE.

Program 3
Expenses: $116,917 Revenue: $3,365

COUNTERSPIN IS THE WEEKLY HALF-HOUR RADIO SHOW OF FAIR THAT BROADCASTS ON OVER 150 NON-COMMERCIAL STATIONS ACROSS THE COUNTRY. IT IS ALSO AVAILABLE ONLINE. THE SHOW COVERS A NUMBER OF NEWS ITEMS FROM...

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COUNTERSPIN IS THE WEEKLY HALF-HOUR RADIO SHOW OF FAIR THAT BROADCASTS ON OVER 150 NON-COMMERCIAL STATIONS ACROSS THE COUNTRY. IT IS ALSO AVAILABLE ONLINE. THE SHOW COVERS A NUMBER OF NEWS ITEMS FROM THE PAST WEEK AND THEN CONDUCTS INTERVIEWS ON TWO MAJOR NEWS STORIES BY EXPERTS IN THE FIELD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $397,949
Program Service Revenue $29,240
Investment Income $13,455
Other Revenue $1,241
TOTAL REVENUE $441,885

Expense Breakdown

Grants Paid $0
Salaries & Benefits $427,849
Fundraising Expenses $28,565
Program Expenses $516,048
Other Expenses $172,610
TOTAL EXPENSES $600,459

Year-over-Year Comparison

2023 2022 Change
Revenue $441,885 $462,452 0.0%
Expenses $600,459 $586,150 +0.0%
Net Income $-158,574 $-123,698 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
10
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBIN ANDERSEN MEMBER 1.00
Director
$900 $0 $900
WILLIAM HOYNES PRESIDENT 1.00
Officer Director
$0 $0 $0
KARL GROSSMAN SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT W MCCHESNEY MEMBER 1.00
Director
$0 $0 $0
HOLLIE AINBINDER MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $441,885 $600,459 $895,480 $-158,574
2023 $462,452 $586,150 $957,521 $-123,698
2022 $454,092 $576,418 $1,059,164 $-122,326
2021 $953,156 $506,550 $1,194,299 $446,606
2020 $630,849 $483,050 $749,212 $147,799
2019 $519,151 $401,784 $609,974 $117,367
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