INSTITUTE FOR NONPROFIT NEWS Charity Report

Public IRS 990 nonprofit record

INSTITUTE FOR NONPROFIT NEWS

EIN 27-2614911 · Education (B990)

What they do

THE CORPORATION is ORGANIZED and WILL BE OPERATED EXCLUSIVELY for CHARITABLE and EDUCATIONAL PURPOSES UNDER SECTION 501(C)(3) of THE INTERNAL REVENUE CODE, INCLUDING: FOSTERING and PROMOTING THE HIGHEST QUALITY INVESTIGATIVE and PUBLIC SERVICE JOURNALISM IN ORDER to INFORM and EDUCATE THE PUBLIC BY MEANS OF, AMONG OTHER THINGS, PROVIDING ADMINISTRATIVE, EDITORIAL and FINANCIAL SUPPORT to NONPROFIT, TAX-EXEMPT MEMBER NEWS ORGANIZATIONS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders21 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

94.04%of revenue went to mission work93.6% of expenses · Program services

2.47%of revenue went to fundraising2.5% of expenses

$100.42spent for every $100 of revenueSpending was higher than revenue this year.

3.92%of revenue went to management and office costs3.9% of expenses

$0.56in assets for every $1 spent this yearSome assets cannot be spent right away.

95.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $66,199 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $214,828 for KAREN RUNDLET (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$15,594,880

Mission workProgram services$14,665,91094.04% of revenue93.6% of expenses

ManagementOffice and general costs$611,8293.92% of revenue3.9% of expenses

FundraisingAsking for donations$385,4742.47% of revenue2.5% of expenses

Total expenses$15,663,213100.44% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 93.6% mission · 3.9% management · 2.5% fundraisingTotal expenses: 100.44% of revenue

2023Expense mix: 90.0% mission · 5.6% management · 4.3% fundraisingTotal expenses: 117.62% of revenue

2022Expense mix: 88.8% mission · 6.4% management · 4.9% fundraisingTotal expenses: 78.55% of revenue

2021Expense mix: 89.5% mission · 4.8% management · 5.7% fundraisingTotal expenses: 86.28% of revenue

2020Expense mix: 88.1% mission · 5.9% management · 6.0% fundraisingTotal expenses: 70.31% of revenue

2019Expense mix: 94.6% mission · 2.9% management · 2.5% fundraisingTotal expenses: 110.73% of revenue

2018Expense mix: 91.1% mission · 5.1% management · 3.8% fundraisingTotal expenses: 63.63% of revenue

2017Expense mix: 95.0% mission · 2.2% management · 2.8% fundraisingTotal expenses: 83.90% of revenue

Money in and money out

Revenue$15,597,014

Expenses$15,663,213

Annual shortfall $66,199 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$14,665,910 · 93.6% of expenses

Management and office costs$611,829 · 3.9% of expenses

Fundraising$385,474 · 2.5% of expenses

See all reported dollar amounts

Revenue$15,597,014

Expenses$15,663,213

Assets$8,704,403

Income$15,594,880

Contributions$14,824,322

Mission work (program services)$14,665,910

Fundraising$385,474

Grants given$39,629,953

Average grant$39,990

Management and general$611,829

Executive compensation (total)$1,042,667

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KAREN RUNDLETCEO · 40 hrs/week $214,828

COURTNEY LEWISGROWTH OFFICER · 40 hrs/week $161,205

CHARLES POTTS JRDIR. OF FINANCE · 40 hrs/week $157,058

JOHNATHAN KEALINGNETWORK OFFICER · 40 hrs/week $141,480

LISA M GARDNER-SPRINGERCHIEF DEVELOPMENT OFFICER · 40 hrs/week $138,038

SORAYA MEMBRENOCOO · 40 hrs/week $132,090

STEPHANIE SCHENKELNETWORK PHILANTHROPY DIRECTOR · 40 hrs/week $131,018

SHARENE AZIMIDIRECTOR OF COMMUNICATIONS · 40 hrs/week $123,958

EMILY ROSEMANINN INDEX DIRECTOR · 40 hrs/week $115,043

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

KAREN RUNDLETCEO

COURTNEY LEWISGROWTH OFFICER

CHARLES POTTS JRDIR. OF FINANCE

JOHNATHAN KEALINGNETWORK OFFICER

LISA M GARDNER-SPRINGERCHIEF DEVELOPMENT OFFICER

SORAYA MEMBRENOCOO

STEPHANIE SCHENKELNETWORK PHILANTHROPY DIRECTOR

SHARENE AZIMIDIRECTOR OF COMMUNICATIONS

EMILY ROSEMANINN INDEX DIRECTOR

KINSEY WILSONDIRECTOR

VALERIA FERNANDEZDIRECTOR

RON SMITHSECRETARY

MARK HORVITDIRECTOR

MARCIA PARKERCHAIRMAN

LUCAS GRINDLEYDIRECTOR

KYRA KYLESDIRECTOR

BRUCE THERIAULTTREASURER

JOHN ADAMSDIRECTOR

HSIU MEI WONGDIRECTOR

GRACIELA MOCHKOSFKYDIRECTOR

CARLA MINETDIRECTOR

About this charity

Recognized since: January 2012
Location: 8549 WILSHIRE BLVD 2294, BEVERLY HILLS, CA 90211-3104
County: Los Angeles
In care of: % TREASURER
Primary officer: KAREN RUNDLET, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@inn.org Phone(213) 709-7126

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DOUGLAS & BHAGAT CPA SERVICES INC
NTEE classification: Education (B990)
Grant-giving organization: Yes