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Nonprofit · EIN 87-1945050

POLITICAL REPORT INC

Tax-exempt · WASHINGTON, DC 20036

Financials

$421K$650K2023$2M$906K2024
Revenue Expenses · by fiscal year end
Financials of POLITICAL REPORT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,046,663$905,614$1,141,049$2,677,155$62,179$2,614,976
December 31, 2023990$420,640$649,751-$229,111$1,483,659$16,153$1,467,506
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,988,014
Program service revenue
$0
Investment income
$55,701
Other revenue
$2,948

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$142,886
Other salaries and wages
$547,670
Salaries, compensation and benefits (total)
$800,836
Professional fundraising fees
$0
Accounting fees
$19,350
Travel
$9,752
Program services (functional)
$802,412
Management and general (functional)
$73,073
Fundraising (functional)
$30,129

Balance sheet and other

Total assets, start of year
$1,483,659
Total assets, end of year
$2,677,155
Total liabilities, end of year
$62,179
Net assets, end of year
$2,614,976
Publicly traded securities
$952,088
Net assets without donor restrictions
$2,601,550
Net assets with donor restrictions
$13,426
Gross receipts
$2,046,663
Employees
8
Volunteers
2
Year formed
2021
State of legal domicile
DE

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DANIEL NICHANIANPRESIDENT/EXEC. DIR.
Trustee or director, Officer
40$113,056$11,369
EASHA ANANDSECRETARY
Trustee or director, Officer
0.1$0$0
KEVIN KEENANTREASURER
Trustee or director, Officer
0.1$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationOther / benefits
DANIEL NICHANIANPRESIDENT/EXEC. DIR.
Trustee or director, Officer
40$103,515$12,055
EASHA ANANDSECRETARY
Trustee or director, Officer
0$0$0
KEVIN KEENANTREASURER
Trustee or director, Officer
0$0$0

Address and contacts

Address (IRS master file)
1250 CONNECTICUT AVE NW STE 700 PMB, WASHINGTON, DC 20036-2657
Principal officer (990 for 2024)
DANIEL NICHANIAN, 1930 18TH ST NW SUITE B2 PMB 2013, WASHINGTON, DC 20009
Signed the 990
DANIEL NICHANIAN, PRESIDENT/EXECUTIVE DIRECTOR
Phone
(917) 293-1771
Return prepared by
NORTON COLLAR LUND LILLEY PLLC

Mission

THE POLITICAL REPORT EDUCATES THE PUBLIC ABOUT SOCIAL, ECONOMIC, AND POLITICAL ISSUES BY (I) PUBLISHING INVESTIGATIVE REPORTS, ARTICLES, NEWSLETTERS, PODCASTS, AND OTHER MEDIA AND MATERIALS, AND (II) CONDUCTING PRESENTATIONS, WORKSHOPS, AND OTHER EDUCATIONAL EVENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE POLITICAL REPORT EDUCATES THE PUBLIC ABOUT SOCIAL, ECONOMIC, AND POLITICAL ISSUES BY (I) PUBLISHING INVESTIGATIVE REPORTS, ARTICLES, NEWSLETTERS, PODCASTS, AND OTHER MEDIA AND EDUCATIONAL MATERIALS, AND (II) CONDUCTING PRESENTATIONS, WORKSHOPS, AND OTHER EDUCATIONAL EVENTS.
    Expenses $802,412

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-1945050
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)
Human services (P20)
Assets (IRS master file)
$2,677,155
Income (IRS master file)
$2,046,663

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,046,663$905,614$2,677,155XML
990December 2023$420,640$649,751$1,483,659XML
990December 2022$1,717,445$443,563$1,686,329IRS
990December 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 87-1945050).

Questions about POLITICAL REPORT INC

What is the EIN of POLITICAL REPORT INC?
The employer identification number (EIN) of POLITICAL REPORT INC is 87-1945050.
Is POLITICAL REPORT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to POLITICAL REPORT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POLITICAL REPORT 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 POLITICAL REPORT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POLITICAL REPORT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of POLITICAL REPORT INC?
The 990 for the year ended December 31, 2024 names DANIEL NICHANIAN.
Who are the officers and directors of POLITICAL REPORT INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $113,056 (DANIEL NICHANIAN, PRESIDENT/EXEC. DIR.).
How much revenue does POLITICAL REPORT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,046,663, expenses of $905,614 and total assets of $2,677,155 at year end.

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