THE NEWS LITERACY PROJECT INC

EIN: 274011343 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$9,461,945
Total Expenses
$8,863,440
Total Assets
$11,240,390
Net Assets
$10,837,893
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MD
Principal Officer
CHARLES SALTER
Phone
2027153722
Tax Period
2024-07-01 to 2025-06-30

THE NEWS LITERACY PROJECT INC, founded in 2010, is a community nonprofit in the Education sector that reported $9.5M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $8.9M left a modest 6% surplus.

Mission

TO FOSTER APPRECIATION OF THE VALUE OF QUALITY JOURNALISM FOR MIDDLE AND HIGH SCHOOL STUDENTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,293,027
Program Service Revenue $20,559
Investment Income $148,359
Other Revenue $0
TOTAL REVENUE $9,461,945

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,382,416
Fundraising Expenses $1,222,845
Program Expenses $5,784,042
Other Expenses $2,481,024
TOTAL EXPENSES $8,863,440

Year-over-Year Comparison

2024 2023 Change
Revenue $9,461,945 $13,302,198 -0.3%
Expenses $8,863,440 $8,240,629 +0.1%
Net Income $598,505 $5,061,569 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
54
Volunteers
25

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
5
$336,605
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN WICKRE CHAIR 2.00
Officer Director
$0 $0 $0
WALT MOSSBERG VICE CHAIR 2.00
Officer Director
$0 $0 $0
LIZ RAMOS SECRETARY 2.00
Officer Director
$0 $0 $0
PETER KADZIK TREASURER 2.00
Officer Director
$0 $0 $0
EVA HALLER BOARD MEMBER 1.00
Director
$0 $0 $0
SANDY HELTON BOARD MEMBER 1.00
Director
$0 $0 $0
ABBY PHILLIP BOARD MEMBER 1.00
Director
$0 $0 $0
MELANIE LUNDQUIST BOARD MEMBER 1.00
Director
$0 $0 $0
WHIT AYRES BOARD MEMBER 1.00
Director
$0 $0 $0
GERALDINE BAUM BOARD MEMBER 1.00
Director
$0 $0 $0
TUCKER ESCEW BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
CATHERINE WOODARD BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES SALTER PRESIDENT AND CEO 40.00
Officer
$312,049 $24,556 $336,605
CLAUDIA BORGELT SVP, STRATEGY AND IMPACT 40.00
Highest
$212,542 $21,257 $233,799
PETER ADAMS SVP, RESEARCH AND DESIGN 40.00
Highest
$216,963 $7,892 $224,855
DARRAGH WORLAND SVP, CREATIVE STRATEGY 40.00
Highest
$189,306 $32,380 $221,686
MARY LYNN HICKEY SVP, ADMINISTRATION 40.00
Highest
$186,805 $19,768 $206,573
EBONEE OTOO SVP, EDUCATOR ENGAGEMENT 40.00
Highest
$169,070 $6,743 $175,813
ALAN MILLER FOUNDER (RETIRED 6/30/24) 40.00
$125,508 $17,052 $142,560
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 $9,461,945 $8,863,440 $11,240,390 $598,505
2024 $13,302,198 $8,240,629 $10,575,348 $5,061,569
2023 $6,018,672 $7,576,294 $5,511,696 $-1,557,622
2022 $5,070,663 $5,447,686 $6,963,162 $-377,023
2021 $4,605,501 $4,431,853 $7,737,537 $173,648
2020 $2,474,259 $3,894,293 $7,393,206 $-1,420,034
2019 $9,385,705 $3,451,003 $8,571,437 $5,934,702
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE NEWS LITERACY PROJECT INC with other nonprofits in District of Columbia and across the country.