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CHARITY REVIEW
Issued: April 2024 Expires: April 2026

Nebraska Journalism Trust

Accredited Charity
Accredited Charity

Meets Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Nebraska Journalism Trust meets the 20 Standards for Charity Accountability.

Stated Purpose:
"To uncover truth, amplify diverse voices, and enrich life in Nebraska."

Year, State Incorporated:
2021, NE

Also Known As:
Flatwater Free Press

The Nebraska Journalism Trust is Nebraska's first independent, statewide, nonprofit news organization. The Trusts flagship publication, the Flatwater Free Press, produces an original combination of hard-hitting investigative journalism and feature stories that bind the state together. The organization also publishes Silicon Prairie News, which fosters community among Nebraska's start-up businesses and entrepreneurs. New in 2024, the Trust is launching Documenters Nebraska, a program to engage citizen journalists in covering local government meetings.

For the year ended December 31, 2022, Nebraska Journalism Trust's program expenses were:

Programs $439,705
Total Program Expenses $439,705

Chief Executive
Matt Wynn, Executive Director

Compensation*
$99,875

Chair of the Board
Lynn Roper

Board Size
11

Method(s) Used:
Direct mail appeals, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Nebraska Journalism Trust's audited financial statements for the year ended December 31, 2022.

Source of Funds
Foundation and Trust Grants $1,519,137
Individual and Business Contributions $463,325
In-Kind Gifts $100,000
State and Local Grants $10,450
Miscellaneous $110
Total Income $2,093,022

Programs: 69% Fundraising: 11% Administrative: 19%

Total Income $2,093,022
Total expenses: $633,631
  Program expenses $439,705
  Fundraising expenses $72,250
  Administrative expenses $121,676
  Other expenses $0
Income in Excess of Expenses $1,459,391
Beginning Net Assets $860,096
Other Changes In Net Assets $0
Ending Net Assets $2,319,487
Total Liabilities $281,913
Total Assets $2,601,400

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB in Nebraska, South Dakota, Kansas Plains & SW Iowa