FUND FOR INVESTIGATIVE JOURNALISM INC

EIN: 520895081 501(c)(3)

WASHINGTON, DC

Total Revenue
$1,546,143
Total Expenses
$970,336
Total Assets
$2,353,094
Net Assets
$2,303,952
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
DC
Principal Officer
ERIC FERRERO
Phone
2023780953
Tax Period
2024-01-01 to 2024-12-31

FUND FOR INVESTIGATIVE JOURNALISM INC, founded in 1969, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $576K, a strong 37% operating margin.

Mission

THE ORGANIZATION PROVIDES CRITICAL SUPPORT TO INDEPENDENT JOURNALISTS TO INVESTIGATE NEWS STORIES REGARDING CORRUPTION, MALFEASANCE, EXPLOITATION, MISAPPROPRIATION OF FUNDS IN THE PUBLIC AND PRIVATE SECTORS.

Program Service Accomplishments

Program 1
Expenses: $861,514

FOUNDED IN 1969, THE FUND FOR INVESTIGATIVE JOURNALISM, INC. THE ORGANIZATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES GRANTS AND OTHER SUPPORT TO INDEPENDENT JOURNALISTS AND NEWS ORGANIZATIONS TO...

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FOUNDED IN 1969, THE FUND FOR INVESTIGATIVE JOURNALISM, INC. THE ORGANIZATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES GRANTS AND OTHER SUPPORT TO INDEPENDENT JOURNALISTS AND NEWS ORGANIZATIONS TO PRODUCE HIGH-QUALITY, UNBIASED, NONPARTISAN INVESTIGATIVE STORIES THAT HAVE AN IMPACT. THE ORGANIZATIONS MAIN SOURCE OF REVENUE ARE CONTRIBUTIONS AND GRANTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,443,700
Program Service Revenue $0
Investment Income $102,443
Other Revenue $0
TOTAL REVENUE $1,546,143

Expense Breakdown

Grants Paid $621,161
Salaries & Benefits $247,440
Fundraising Expenses $62,312
Program Expenses $861,514
Other Expenses $89,735
TOTAL EXPENSES $970,336

Year-over-Year Comparison

2024 2023 Change
Revenue $1,546,143 $837,462 +0.8%
Expenses $970,336 $841,619 +0.2%
Net Income $575,807 $-4,157 -139.5%
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

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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
2
Volunteers
55

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
4
$173,760
Total Directors
15
$173,760
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC FERRERO SECRETARY/EXECUTIVE DIRECTOR 040.00
Officer Director
$157,500 $16,260 $173,760
BILL MARIMOW PRESIDENT 001.25
Officer Director
$0 $0 $0
ANU NARAYANSWAMY VICE PRESIDENT 001.25
Officer Director
$0 $0 $0
ALAN BERLOW TREASURER 001.25
Officer Director
$0 $0 $0
DAFFODIL ALTAN MEMBER 001.25
Director
$0 $0 $0
VALERIA FERNANDEZ MEMBER 001.25
Director
$0 $0 $0
DIANNA HUNT MEMBER 001.25
Director
$0 $0 $0
GERALD JORDAN MEMBER 001.25
Director
$0 $0 $0
JENNIFER LAFLEUR MEMBER 001.25
Director
$0 $0 $0
AMY PYLE MEMBER 001.25
Director
$0 $0 $0
KIMBRIELL KELLY MEMBER 001.25
Director
$0 $0 $0
JIM STEELE MEMBER 001.25
Director
$0 $0 $0
ELLEN WEISS MEMBER 001.25
Director
$0 $0 $0
BERNICE YEUNG MEMBER 001.25
Director
$0 $0 $0
VERNON LOEB MEMBER 001.25
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 $1,546,143 $970,336 $2,353,094 $575,807
2023 $837,462 $841,619 $1,731,023 $-4,157
2022 $1,313,322 $708,244 $1,866,295 $605,078
2021 $1,170,709 $739,183 $1,352,222 $431,526
2020 $531,669 $651,660 $955,083 $-119,991
2019 $424,491 $539,608 $968,571 $-115,117
2018 $431,594 $457,185 $1,043,420 $-25,591
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