The Center for Investigative Repor… - Form 990 Financial Data

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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

1977

Legal Domicile

Principal Officer

Monika Bauerlein

Phone

5108093160

Tax Period

2024-01-01 to 2024-01-31

The Center for Investigative Reporting Inc, founded in 1977, is a small nonprofit that reported $533K in total revenue in fiscal year 2024. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $978K exceeded revenue, resulting in a 83% operating deficit.

Mission

The Center for Investigative Reporting CIR engages and empowers the public through investigative journalism and groundbreaking storytelling that sparks action improves lives and protects our democracy.

Program Service Accomplishments

Program 1

Expenses: $689,488 Revenue: $13,511

The Center for Investigative Reporting produces the public radio show and podcast REVEAL which airs on over 500 public radio stations. REVEAL is a co-production with PRX and features investigative...

The Center for Investigative Reporting produces the public radio show and podcast REVEAL which airs on over 500 public radio stations. REVEAL is a co-production with PRX and features investigative reporting from our newsrooms as well as stories from other newsrooms and freelance reporters. We produce long-form investigative stories in the public interest. Our text stories are published on our website and with partners. We cover a range of urgent topics: immigration threats to democracy policing and the legal system gender violence and the rights of women climate and the environment and the winner-take-all economy. We equip local news outlets with the resources to carry out deep investigative work increase the distribution of our reporting and empower journalists nationwide to produce localized versions of our major investigations enabling our stores to reach diverse audiences through our REVEAL reporting networks and national coverage collaborations. We produce video documentaries and television to marry our in-depth reporting with cinematic storytelling for broad distributions. Our video products have aired on Netflix Oxygen PBS Newshour Al Jazeera and other video platforms.

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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 $393,097

Program Service Revenue $13,511

Investment Income $302

Other Revenue $126,290

TOTAL REVENUE $533,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $714,527

Fundraising Expenses $102,634

Program Expenses $689,488

Other Expenses $263,798

TOTAL EXPENSES $978,325

Year-over-Year Comparison

	2024	2023	Change
Revenue	$533,200	$7,456,262	-0.9%
Expenses	$978,325	$8,836,013	-0.9%
Net Income	$-445,125	$-1,379,751	-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

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

$144,357

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Rosenthal	Board Chair	40.00	Officer Director	$0	$0	$0
Susan Sachs	Executive Chair	6.00	Officer Director	$0	$0	$0
Susan Hirsch	Treasurer	2.00	Officer Director	$0	$0	$0
Robert King	Director	2.00	Director	$0	$0	$0
Oman Alam	Director	2.00	Director	$0	$0	$0
Suzette Clarke	Director	2.00	Director	$0	$0	$0
Jon Logan	Director	2.00	Director	$0	$0	$0
Gina Pell	Director	2.00	Director	$0	$0	$0
Ashok Ramani	Director	2.00	Director	$0	$0	$0
Gabriel Sticker	Director	2.00	Director	$0	$0	$0
Maria Feldman	Chief Operations Officer	40.00	Officer	$46,875	$1,435	$48,310
Rachel Brown	Chief Development Officer	40.00	Officer	$29,477	$703	$30,180
Diana Baranetsky	General Counsel	40.00	Officer	$30,625	$1,628	$32,253
Amanda Pike	Director of TV and Doc	40.00	Officer	$32,553	$1,061	$33,614

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	$533,200	$978,325	No data	$-445,125
2023	$7,456,262	$8,836,013	$2,358,184	$-1,379,751
2022	$10,915,565	$11,497,482	$4,239,370	$-581,917
2021	$13,615,244	$11,892,921	$7,398,602	$1,722,323
2020	$8,386,066	$11,342,233	$6,439,476	$-2,956,167
2019	$9,385,119	$10,751,855	$8,322,400	$-1,366,736
2018	$8,672,994	$10,474,780	$8,951,141	$-1,801,786

The Center for Investigative Reporting Inc