NonprofitsTh@562 Network Inc

Arts, Culture & Humanities

Th@562 Network Inc

LONG BEACH, CA

Total revenue

$340K

Total expenses

$329K

Net assets

$70K

Grants received

$96K

4 grants

EIN

824314833

Tax year

2024

Mission

The562 Network is a community funded and supported news organization serving the city of Long Beach California and greater communities. By developing a sustainable nonprofit news agency for the Long Beach community we are working to strengthen local journalism in our city. Our founding journalists have many years experience in producing a high-quality news product and have the community support the relationship with the schools colleges and universities in the area and the team around them that produces a well respected public service for our city. The products we create for the community appear on our website www.The562.org for free without charge and without "pay-walls" to block readers and viewers. Donations are solicited to support the financial cost of our work. Many community members and leaders sponsor different areas of our reporting bringing critical revenue to the organization and engaging the community in our mission.

Programs

1 program

The562 Network partnered again with the Long Beach Unified School District to work with high school interns seeking experience and knowledge about journalism and the coverage of community and youth athletics. The562 applied for and received grant revenue to provide stipends to the interns in their work for the organization as well as received donations from the community to support this mentoring work by our staff.

Expenses: $40KGrants: $26K

Financials

FY 2024

Revenue

Contributions & grants$311K
Program service revenue$29K
Investment income
Other revenue
Total revenue$340K

Expenses

Grants paid
Salaries & benefits$240K
Fundraising
Other expenses$88K
Total expenses$329K
Total assets$80K
Net assets$70K

People

13 listed

NameRoleCompensation

Joseph Carlson

Director

Board

2 hrs/wk

Marilyn Jean Bohl

Director

Board

2 hrs/wk

Brian Jacob Dunning

Director

Board

2 hrs/wk

Jeffrey Gould

Director

Board

2 hrs/wk

Andrew J Kerr

President Chairperson of the Board

Board

4 hrs/wk

Ryan Robert Thies

Treasurer Chief Financial Officer

Board

3 hrs/wk

Sharleen Chiyeko Higa

Secretary

Board

2 hrs/wk

Dan Gooch

Director

Board

2 hrs/wk

Natan Bershtel

Director

Board

2 hrs/wk

Dan DeCarlo

Director

Board

2 hrs/wk

Michael Guardabascio

Founder Editor

Staff

$70K

40 hrs/wk

Jeffrey L Fiddler Jr

Founder Editor

Staff

$69K

40 hrs/wk

S Tyler R Hendrickson

Development Director Associate Editor

Staff

$65K

40 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$10K
OPERATIONS
2024
$50K
GENERAL SUPPORT
2020
$26K
GENERAL SUPPORT
2019

Funded by

$96K from 3 funders · 4 grants · 2019–2024

Long Beach Community Foundation

$76K · 2 grants · 2019–2020

Paypal Charitable Giving Fund

$10K · 1 grant · 2023

American Gift Fund

$10K · 1 grant · 2024

Details

EIN824314833
NTEE codeA33
Subsection03
Ruling date2018-10
Formed2018
Employees3
Volunteers4
TH@562 NETWORK INC — Mission, Financials & Grants Received | Grantivo