THE 19TH NEWS

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

EMILY RAMSHAW HARTSTEIN

Phone

5122228973

Tax Period

2023-01-01 to 2023-12-31

THE 19TH NEWS, founded in 2019, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $11.2M in total revenue in fiscal year 2023. Expenses of $10.2M left a modest 8% surplus.

Mission

THE 19TH NEWS STRIVES TO EMPOWER THOSE WE SERVE, PARTICULARLY WOMEN AND LGBTQ+ PEOPLE FROM UNDERSERVED COMMUNITIES, WITH THE INFORMATION, RESOURCES, AND COMMUNITY THEY NEED TO BE EQUAL PARTICIPANTS IN OUR DEMOCRACY. THE ORGANIZATION PUBLISHES STORIES VIA ITS OWN WEBSITE (WWW.19THNEWS.ORG), SOCIAL MEDIA PLATFORM (INCLUDING INSTAGRAM, FACEBOOK, TWITTER, AND LINKEDIN), EMAIL NEWSLETTERS AND PARTNER PLATFORMS.

Program Service Accomplishments

Program 1

Expenses: $7,512,358 Revenue: $12,000

IN THE FOUR YEARS SINCE LAUNCH, THE 19TH HAS REACHED SEVERAL MILLION READERS ON OUR WEBSITE AND ACROSS OUR NEWSLETTERS, AND MANY MILLIONS MORE BY GIVING OUR JOURNALISM AWAY FOR FREE TO NEWS...

IN THE FOUR YEARS SINCE LAUNCH, THE 19TH HAS REACHED SEVERAL MILLION READERS ON OUR WEBSITE AND ACROSS OUR NEWSLETTERS, AND MANY MILLIONS MORE BY GIVING OUR JOURNALISM AWAY FOR FREE TO NEWS ORGANIZATIONS THAT NEED IT, INCLUDING DOZENS OF LOCAL, REGIONAL AND NATIONAL NEWSROOMS. WE HAVE GROWN OUR STAFF TO NEARLY 60 PEOPLE. WE HAVE EXPANDED OUR WORK AT THE INTERSECTIONS OF GENDER AND CLIMATE, GENDER AND CAREGIVING, DISABILITY RIGHTS AND MORE, AS WELL AS LAUNCHED A NEW PODCAST, THE AMENDMENT. AND WE HAVE LAUNCHED THE 19TH NEWS NETWORK, A REPUBLISHING AND PARTNERSHIP PLATFORM AIMED AT BRINGING OUR JOURNALISM AND TO EVEN MORE PEOPLE WHO NEED IT. FINALLY, WE RUN AN ANNUAL 19TH PUBLIC OPINION POLL AND A FELLOWSHIPS PROGRAM FOR GRADUATES AND PAST ATTENDEES OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,014,875

Program Service Revenue $12,000

Investment Income $124,093

Other Revenue $0

TOTAL REVENUE $11,150,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,373,062

Fundraising Expenses $1,257,256

Program Expenses $7,512,358

Other Expenses $1,838,708

TOTAL EXPENSES $10,211,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,150,968	$11,365,137	0.0%
Expenses	$10,211,770	$8,270,117	+0.2%
Net Income	$939,198	$3,095,020	-0.7%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$1,152,888

Total Directors

$605,319

Key Employees

$1,031,042

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA ZAMORA	PUBLISHER	40.00	Officer Director	$270,217	$14,792	$285,009
EMILY RAMSHAW HARTSTEIN	CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$291,180	$29,130	$320,310
JESSICA LESSIN	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
ALEX SCHMIDER	DIRECTOR	0.50	Director	$0	$0	$0
ANN WALKER MARCHANT	DIRECTOR	0.50	Director	$0	$0	$0
BRADLEY AKUBUIRO	DIRECTOR	1.00	Director	$0	$0	$0
DEB ASRATE	DIRECTOR	0.50	Director	$0	$0	$0
KATHERINE BOO	DIRECTOR	0.50	Director	$0	$0	$0
KATHRYN MURDOCH	DIRECTOR	0.50	Director	$0	$0	$0
KATY DRAKE BETTNER	DIRECTOR	0.50	Director	$0	$0	$0
MI-AI PARRISH	DIRECTOR	0.50	Director	$0	$0	$0
MICHELLE MERCER	DIRECTOR	0.50	Director	$0	$0	$0
SARAH ADLER HARTMAN	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN MCPHERSON	DIRECTOR	0.50	Director	$0	$0	$0
TASNEEM RAJA	DIRECTOR	0.50	Director	$0	$0	$0
JOHANNA DERLEGA	CHIEF REVENUE OFFICER & TR	40.00	Officer	$313,947	$29,163	$343,110
FATIMA HESSABI	CHIEF FINANCIAL OFFICER &	40.00	Officer	$189,600	$14,859	$204,459
THERESA RUPAR	POLITICAL EDITOR	40.00	Key Emp	$159,121	$16,549	$175,670
EMILY SWELGIN	CHIEF PRODUCT OFFICER	40.00	Key Emp	$198,862	$12,167	$211,029
JULIA CHAN	EDITOR-IN-CHIEF	40.00	Key Emp	$190,860	$17,150	$208,010
JAYO MIKO MACASAQUIT	CHIEF PEOPLE OFFICER	40.00	Key Emp	$205,719	$15,376	$221,095
ERRIN HAINES	EDITOR-AT-LARGE	40.00	Key Emp	$201,229	$14,009	$215,238
ALEXANDRA SMITH	AUDIENCE DIRECTOR	40.00	Highest	$143,484	$13,007	$156,491
FLORA PEIR	BREAKING NEWS EDITOR	40.00	Highest	$148,089	$5,182	$153,271
ABBY JOHNSTON	NETWORK PARTNERSHIPS EDITOR	40.00	Highest	$146,612	$19,042	$165,654
KARI COBHAM	DIRECTOR OF FELLOWSHIPS	40.00	Highest	$147,978	$16,766	$164,744
KAREN HAWKINS	STORY EDITOR	40.00	Highest	$146,350	$12,033	$158,383

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	$11,150,968	$10,211,770	$25,774,306	$939,198
2022	$11,365,137	$8,270,117	$24,838,494	$3,095,020
2021	$14,541,849	$5,652,773	$21,584,560	$8,889,076
2020	$10,881,924	$3,078,913	$12,683,001	$7,803,011
2019	$4,809,816	$101,433	$4,719,796	$4,708,383