Overview

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Closed

This organization closed in 2024. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

2021

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

ISLAND MATTERS (formerly known as POWC) is a nonprofit organization dedicated to providing fact-based, unbiased news about South Padre Island. With an operating budget of $93.8K and total revenue of $22.9K for the 2024 filing year, it relies primarily on support from local residents and property owners to foster a family-friendly environment through hyper-local journalism. The organization does not depend on a single funder for 50% or more of its revenue, ensuring a diverse support base for its mission. For more information, visit their website at https://islandmatters.org.

Mission Statement

ISLAND MATTERS' PURPOSE IS TO PRESENT SOUTH PADRE ISLAND NEWS IN A 100% FACT-BASED, UNBIASED FORMAT. AS A NON-PROFIT, OUR MEMBERS ARE OUR PRIMARY DONORS. ISLAND MATTERS DEPENDS ON ISLAND RESIDENTS AND PROPERTY OWNERS TO SUPPORT A FAMILY-FRIENDLY ENVIRONMENT BY SUPPORTING HYPER-LOCAL, FACT-BASED, NON-PROFIT NEWS.
Revenues
$22.9K
Expenses
$113.2K
Net Income:
-$90.4K
Assets
$0
Liabilities
$0
Net Assets:
+$0
Operating Budget
$93.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$20K
Largest grant received
$20K
B
Brandy Buntin
Board Member
E
Eleana Jones
Board Member
G
George Block
Board Member

Frequently Asked Questions

What is ISLAND MATTERS (FKA POWC)’s budget?
In 2024, ISLAND MATTERS (FKA POWC) reported an annual operating budget of around $94 thousand. More detailed financial information is available to registered users.
Where does ISLAND MATTERS (FKA POWC) operate?
ISLAND MATTERS (FKA POWC) is headquartered in SOUTH PADRE ISLAND, TX.
Who funded ISLAND MATTERS (FKA POWC) recently?
In 2023, ISLAND MATTERS (FKA POWC) received grants from Local Independent Online News Publishers Inc, JOHN S AND JAMES L KNIGHT FOUNDATION, and Local Independent Online News Publishers Inc. More information on this organization’s funders is available to registered users.
What is the largest grant ISLAND MATTERS (FKA POWC) received in 2023?
The largest grant to ISLAND MATTERS (FKA POWC) in 2023 exceeds $20 thousand.