Nonprofit · EIN 87-1232586
LOCAL REPORTING LAB INITIATIVE INC
Also known as BOULDER REPORTING LAB
Tax-exempt · BOULDER, CO 80304
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $518,430 | $270,197 | $248,233 | $1,095,695 | $0 | $1,095,695 |
| December 31, 2024 | 990 | $318,880 | $214,713 | $104,167 | $847,462 | $0 | $847,462 |
| December 31, 2023 | 990 | $496,701 | $190,935 | $305,766 | $743,225 | $0 | $743,225 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $456,239
- Program service revenue
- $38,944
- Investment income
- $21,247
- Net rental income
- $2,000
- Other revenue
- $2,000
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $163,734
- Salaries, compensation and benefits (total)
- $176,741
- Professional fundraising fees
- $0
- Legal fees
- $1,557
- Accounting fees
- $850
- Occupancy
- $5,000
- Travel
- $636
- Program services (functional)
- $217,391
- Management and general (functional)
- $49,556
- Fundraising (functional)
- $3,250
Balance sheet and other
- Total assets, start of year
- $847,462
- Total assets, end of year
- $1,095,695
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,095,695
- Net assets without donor restrictions
- $1,095,695
- Gross receipts
- $518,430
- Employees
- 3
- Volunteers
- 1
- Year formed
- 2021
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT KANE | President Trustee or director | 2 | $0 |
| LESLIE ALLEN | Director Trustee or director | 2 | $0 |
| STACY FELDMAN | Secretary Officer | 40 | $0 |
| BILL POLLAK | Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACY FELDMAN | PRESIDENT Trustee or director, Officer | 40 | $0 |
| HILLARY ROSNER | TREASURER Trustee or director, Officer | 2 | $0 |
| TAMMY TERWELP | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACY FELDMAN | PRESIDENT Trustee or director, Officer | 2 | $0 |
| HILLARY ROSNER | TREASURER Trustee or director, Officer | 2 | $0 |
| TAMMY TERWELP | SECRETARY Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2420 BLUFF ST, BOULDER, CO 80304-3720
- Principal officer (990 for 2025)
- Stacy Feldman, 2420 Bluff Street, Boulder, CO 80304
- Signed the 990
- Stacy Feldman, Secretary
- Phone
- (973) 738-2154
- Return prepared by
- BEANCOUNTCO
Mission
TO PROVIDE THE PEOPLE WHO LIVE, WORK, LEARN AND PLAY IN AND AROUND BOULDER, COLORADO, WITH HIGHQUALITY, TRUSTWORTHY, LOCALFIRST REPORTING AND ESSENTIAL INFORMATION TO MAKE SENSE OF ISSUES AND EVENTS HAPPENING AROUND THEM, NAVIGATE THEIR LIVES AND BUILD COMMUNITY.
Program accomplishments
- Expanded Boulder Reporting Lab's reach and readership through the BRL Today newsletter and website, which provide free daily local news and information. By the end of 2025, BRL reached more than 22,000 subscribers roughly half of Boulder households strengthening its role as Boulder's leading source of independent local journalism. The newsroom also fostered civic participation through coverage of local elections, community events, and opportunities for readers to share questions and ideas that helped shape reporting priorities.Expenses $54,348
- Produced deeply reported journalism on the most pressing issues facing Boulder County, including wildfire risk and resilience, housing affordability, homelessness, local government accountability, climate and environmental policy, and the future of federally funded science and research. Coverage included Boulder City Council and Boulder County Commission decisions, education policy, nonprofit governance, equity issues, major development debates, and the intersection of higher education, science and public policy. BRL's reporting informed community debate, helped residents better understand local decisions, and earned numerous state and regional journalism awards for excellence and impact.Expenses $108,695
- Focused on strengthening the newsroom's long-term sustainability and expanding its editorial capacity. The organization began implementing recommendations from a newsroom audit to grow revenue, improve performance tracking and strengthen communication with readers and supporters, helping lay the groundwork for more diversified income streams. It also launched a strategic planning process to create a clear roadmap for continued growth, stronger operations and long-term stability.Expenses $54,348
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-1232586
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A30)
- Assets (IRS master file)
- $1,095,695
- Income (IRS master file)
- $518,430
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $518,430 | $270,197 | $1,095,695 | IRS |
| 990 | December 2024 | $318,880 | $214,713 | $847,462 | XML |
| 990 | December 2023 | $496,701 | $190,935 | $743,225 | XML |
| 990 | December 2022 | $397,653 | $163,979 | $437,459 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1232586).
Questions about LOCAL REPORTING LAB INITIATIVE INC
- What is the EIN of LOCAL REPORTING LAB INITIATIVE INC?
- The employer identification number (EIN) of LOCAL REPORTING LAB INITIATIVE INC is 87-1232586.
- Is LOCAL REPORTING LAB INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to LOCAL REPORTING LAB INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOCAL REPORTING LAB INITIATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOCAL REPORTING LAB INITIATIVE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOCAL REPORTING LAB INITIATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LOCAL REPORTING LAB INITIATIVE INC?
- The 990 for the year ended December 31, 2025 names Stacy Feldman.
- Who are the officers and directors of LOCAL REPORTING LAB INITIATIVE INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LOCAL REPORTING LAB INITIATIVE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $518,430, expenses of $270,197 and total assets of $1,095,695 at year end.
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All nonprofits in BOULDER · Colorado · Arts, culture and humanities