The Center for Investigative Reporting formrly Foundation for National Progress (EIN 942282759) - Form 990 Financial Analysis & Trantor Score

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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

1975

Legal Domicile

Principal Officer

Judy Wise

Phone

4153211700

Tax Period

2024-07-01 to 2024-12-31

The Center for Investigative Reporting formrly Foundation for National Progress, founded in 1975, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $11.8M in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring.

Mission

THE CENTER FOR INVESTIGATIVE REPORTING (CIR) PUBLISHES MOTHER JONES, A MAGAZINE AND MULTI-PLATFORM DIGITAL NEWS SITE, THE WEEKLY REVEAL PODCAST AND RADIO SHOW, MANAGES ITS AWARD-WINNING DOCUMENTARY FILM ARM CIR STUDIOS, AND DIRECTS THE BEN BAGDIKIAN (continued at top of next page)

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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 (2024)

Revenue Breakdown

Contributions & Grants $10,026,093

Program Service Revenue $1,701,407

Investment Income $87,126

Other Revenue $-63,431

TOTAL REVENUE $11,751,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,421,802

Fundraising Expenses $1,075,893

Program Expenses $9,601,296

Other Expenses $3,246,270

TOTAL EXPENSES $11,668,072

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,751,195	$21,772,313	-0.5%
Expenses	$11,668,072	$22,006,033	-0.5%
Net Income	$83,123	$-233,720	-1.4%

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

133

Volunteers

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

$559,815

Total Directors

$364,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Diana Victoria Baranetsky	General Counsel	37.50		$129,723	$11,776	$141,499
Monika Bauerlein	President & CEO	37.50	Officer Director	$123,766	$12,295	$136,061
Clara Jeffery	VP-Ed in Chief	37.50	Officer Director	$126,517	$5,038	$131,555
David Corn	DC Bureau Chief	37.50		$125,035	$2,429	$127,464
Khary Brown	VP Media Sales	37.50		$107,940	$16,772	$124,712
Brian Hiatt	Marketing Dir	37.50		$103,429	$12,858	$116,287
Jahna Berry	COO	37.50	Officer	$100,713	$12,486	$113,199
Kevin Walter	Assoc Publisher	37.50		$95,079	$16,294	$111,373
Madeleine Buckingham	CFO	25.00	Officer	$78,797	$11,084	$89,881
Erina Atkins	Controller	37.50	Officer	$78,500	$10,619	$89,119
Angela Earlye	Bus Mgr/Board	37.50	Director	$44,722	$4,111	$48,833
Grace Molteni	Reporter/Board	37.50	Director	$42,807	$5,394	$48,201
Judy Wise	Board Chair	2.00	Officer Director	$0	$0	$0
Richard Alan Melcher	Vice Chair	2.00	Officer Director	$0	$0	$0
Sara Frankel	Treasurer	2.00	Officer Director	$0	$0	$0
Bch Ngoc Cao	Vice Chair	2.00	Officer Director	$0	$0	$0
Ekow Yankah	Vice Chair	0.50	Officer Director	$0	$0	$0
Bill Gee	Investment Chai	0.50	Director	$0	$0	$0
Rafael Agustn	Board Member	0.50	Director	$0	$0	$0
Jane Butcher	Board Member	0.50	Director	$0	$0	$0
Andr Carothers	Board Member	0.50	Director	$0	$0	$0
Lauri Fitz-Pegado	Board Member	0.50	Director	$0	$0	$0
Linda Gruber	Board Member	0.50	Director	$0	$0	$0
Omar Alam	Board Member	0.50	Director	$0	$0	$0
Angie Jean-Marie	Board Member	0.50	Director	$0	$0	$0
Jonathan Logan	Board Member	0.50	Director	$0	$0	$0
Susan Mayer-Hirsch	Board Member	0.50	Director	$0	$0	$0
Gina Pell	Board Member	0.50	Director	$0	$0	$0
Ken Pelletier	Board Member	0.50	Director	$0	$0	$0
Ashok Ramani	Board Member	0.50	Director	$0	$0	$0
Vincent Robinson	Board Member	0.50	Director	$0	$0	$0
Robert Rosenthal	Board Member	12.00	Director	$0	$0	$0
Rinku Sen	Board Member	0.50	Director	$0	$0	$0
Susan Sachss	Board Member	0.50	Director	$0	$0	$0
Phil Straus	Board Member	0.50	Director	$0	$0	$0
Gabriel Stricker	Board Member	0.50	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	No data	No data	No data	No data
2024	$11,751,195	$11,668,072	$14,159,230	$83,123
2023	$16,230,056	$17,776,493	$12,152,289	$-1,546,437
2022	$21,461,748	$17,478,934	$7,743,885	$3,982,814
2021	$16,803,560	$17,056,959	$5,042,317	$-253,399
2020	$16,529,073	$17,418,736	$4,994,170	$-889,663
2019	$16,863,854	$16,750,183	$4,126,308	$113,671

The Center for Investigative Reporting formrly Foundation for National Progress