ONLINE NEWS ASSOCIATION

EIN: 510389878 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$4,470,046
Total Expenses
$4,975,890
Total Assets
$1,873,769
Net Assets
$1,195,398
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
DE
Principal Officer
LASHARAH BUNTING
Phone
2025400945
Tax Period
2023-01-01 to 2023-12-31

ONLINE NEWS ASSOCIATION, founded in 1999, is a community nonprofit in the Education sector that reported $4.5M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $5.0M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO INSPIRE AND SUPPORT INNOVATION AND EXCELLENCE IN DIGITAL JOURNALISM. OUR VISION IS FOR THE JOURNALISM COMMUNITY TO BOLDLY INNOVATE TO BETTER ENGAGE AND INFORM THE PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $1,587,826 Revenue: $84,000

PIVOT PROGRAM - AS A FISCAL SPONSOR FOR THE PIVOT FUND, ONA PROVIDES ADMINISTRATIVE SUPPORT TO THE PIVOT PROGRAM, WHICH IS DEDICATED TO HELPING BIPOC-LED COMMUNITY NEWS ORGANIZATIONS THROUGH FUNDING...

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PIVOT PROGRAM - AS A FISCAL SPONSOR FOR THE PIVOT FUND, ONA PROVIDES ADMINISTRATIVE SUPPORT TO THE PIVOT PROGRAM, WHICH IS DEDICATED TO HELPING BIPOC-LED COMMUNITY NEWS ORGANIZATIONS THROUGH FUNDING, CAPACITY BUILDING, SKILLS-BASED TRAININGS, AND NETWORKING OPPORTUNITIES.

Program 2
Expenses: $1,397,195 Revenue: $648,520

CONFERENCES AND MEETINGS - ONA'S ANNUAL CONFERENCE BRINGS TOGETHER JOURNALISTS FROM AROUND THE COUNTRY TO PARTICIPATE IN INTERACTIVE PANEL DISCUSSIONS, NETWORKING ACTIVITIES, AND HANDS-ON WORKSHOPS...

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CONFERENCES AND MEETINGS - ONA'S ANNUAL CONFERENCE BRINGS TOGETHER JOURNALISTS FROM AROUND THE COUNTRY TO PARTICIPATE IN INTERACTIVE PANEL DISCUSSIONS, NETWORKING ACTIVITIES, AND HANDS-ON WORKSHOPS AIMED AT DEVELOPING INNOVATIVE STRATEGIES FOR INCORPORATING TECHNOLOGY IN NEWSGATHERING AND DISTRIBUTION.REGIONAL ORGANIZERS HOST PROFESSIONAL DEVELOPMENT EVENTS FOR JOURNALISTS AND TECHNOLOGY INNOVATORS WITH A FOCUS ON THE ISSUES AND OPPORTUNITIES UNIQUE TO EACH REGION. LOCAL EVENTS ARE ALSO HELD VIRTUALLY, ALLOWING A WIDER RANGE OF ONA MEMBERS TO TAKE PART IN THE EVENT. WEBINARS AND OTHER VIRTUAL LEARNING EVENTS: THROUGHOUT THE YEAR, ONA OFFERS MULTIPLE VIRTUAL TRAININGS ON A VARIETY OF TOPICS AIMED AT DEVELOPING SPECIFIC SKILLS FOR DIGITAL JOURNALISTS.

Program 3
Expenses: $493,715

FELLOWSHIPS AND OUTREACH - ONA FOCUSES ON CULTIVATING INCLUSIVE NEWSROOM LEADERSHIP, CULTURE, AND DIVERSITY. DIVERSITY, EQUITY, AND INCLUSION ARE INCORPORATED INTO ALL AREAS OF ONA'S WORK AND...

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FELLOWSHIPS AND OUTREACH - ONA FOCUSES ON CULTIVATING INCLUSIVE NEWSROOM LEADERSHIP, CULTURE, AND DIVERSITY. DIVERSITY, EQUITY, AND INCLUSION ARE INCORPORATED INTO ALL AREAS OF ONA'S WORK AND PROGRAMMING. THE PROGRAMS THAT INCLUDE A SPECIFIC FOCUS ON EQUITY AND INCLUSION INCLUDE THE WOMEN'S LEADERSHIP ACCELERATOR, THE DIGITAL WOMEN LEADERS, AND THE HBCU DIGITAL MEDIA FELLOWSHIP.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,280,239
Program Service Revenue $1,063,955
Investment Income $123,264
Other Revenue $2,588
TOTAL REVENUE $4,470,046

Expense Breakdown

Grants Paid $1,574,500
Salaries & Benefits $1,662,335
Fundraising Expenses $134,797
Program Expenses $3,951,769
Other Expenses $1,739,055
TOTAL EXPENSES $4,975,890

Year-over-Year Comparison

2023 2022 Change
Revenue $4,470,046 $4,084,170 +0.1%
Expenses $4,975,890 $4,653,325 +0.1%
Net Income $-505,844 $-569,155 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
14
Volunteers
75

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
6
$315,552
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA STEWART CHIEF STRAT PARTSHP. OFF./ACTING CEO 1/1-2/28 40.00
Highest
$189,154 $21,168 $210,322
LASHARAH BUNTING CEO AND EXE. DIR. AS OF 2/28/2023 40.00
Officer
$183,076 $15,826 $198,902
TREVOR KNOBLICH CHIEF KNOWLEDGE OFF./ACTING CEO 1/1/-2/28 40.00
Highest
$171,176 $20,267 $191,443
ELIZABETH LEITH DIR. OF FINANCE AND ADMINISTRATION 40.00
Officer
$100,950 $15,700 $116,650
DAVID SMYDRA PRESIDENT 2.00
Officer Director
$0 $0 $0
CHARO HENRIQUEZ VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ANDREW FITZGERALD TREASURER 1.00
Officer Director
$0 $0 $0
NIKETA PATEL SECRETARY 1.00
Officer Director
$0 $0 $0
RODNEY GIBBS BOARD MEMBER 2.00
Director
$0 $0 $0
ANITA LI BOARD MEMBER 2.00
Director
$0 $0 $0
RUBINA MADAN FILLION BOARD MEMBER 1.00
Director
$0 $0 $0
IMAEYEN IBANGA BOARD MEMBER 1.00
Director
$0 $0 $0
VERSHA SHARMA BOARD MEMBER 1.00
Director
$0 $0 $0
ELANA ZAK BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA PACIENZA BOARD MEMBER 1.00
Director
$0 $0 $0
GRAHAM WATSON-RINGO BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY ALVARADO BOARD MEMBER 1.00
Director
$0 $0 $0
FERGUS BELL BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTEN REED BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH GABRIEL BOARD 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
2024 No data No data No data No data
2023 $4,470,046 $4,975,890 $1,873,769 $-505,844
2022 $4,084,170 $4,653,325 $2,002,614 $-569,155
2021 $1,989,301 $2,271,171 $2,598,413 $-281,870
2021 $1,989,301 $2,271,171 $2,598,413 $-281,870
2020 $2,619,791 $2,628,784 $3,153,402 $-8,993
2019 $3,295,150 $3,455,137 $2,969,383 $-159,987
2018 $3,751,510 $3,656,161 $3,260,180 $95,349
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