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Illinois · Nonprofit

Borderless Magazine NFP

Borderless Magazine NFP (Illinois) receives grants from 21 organizations whose IRS filings report $2,012,966 to it, the largest being FIELD FOUNDATION OF ILLINOIS ($360,000). 13 of them have funded it in more than one year.

Revenue FY2025
$1.3M
Funders on record
21
Grants received
$2.0M
Net assets
$923k
13/21 repeat funderspeak grant-dependency 90%
01What it does

What Borderless Magazine NFP does

Mission

Borderless Magazine NFP is a chicago-based nonprofit news outlet that is reimagining local immigration journalism for a more just and equitable future. We provide free, local and state news coverage to english and spanish speakers.

As stated on its FY2025 Form 990.

Program

  1. REPORTING: Published 171 deeply-reported stories about immigration in English and Spanish that benefited 133K people on our websitePATHWAYS: Spoke to 120+ students and 5 young journalists/fellows. IMMIGRATION REPORTING LAB: Provided training workshops and translation support to universities, news outlets, and professional journalism associations.

    $681,023 spent$19,097 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $681,023.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($196k) Expenses 100 ($142k) Net assets 100 ($131k)2021 Revenue 141 ($276k) Expenses 194 ($275k) Net assets 101 ($132k)2022 Revenue 245 ($481k) Expenses 291 ($413k) Net assets 153 ($200k)2023 Revenue 254 ($499k) Expenses 334 ($474k) Net assets 172 ($224k)2024 Revenue 589 ($1.2M) Expenses 465 ($659k) Net assets 554 ($723k)2025 Revenue 654 ($1.3M) Expenses 765 ($1.1M) Net assets 707 ($923k)
202020212022202320242025
Revenue (654)Expenses (765)Net assets (707)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $227k to $730k (+221%).

$131k
$132k
$214k
$227k
$730k
$937k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 2% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.

99% of Borderless Magazine NFP’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$55k
’20
$1k
’21
$68k
’22
$25k
’23
$498k
’24
$200k
’25
7.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20212022202320242025
Listed78799
Joined·+2+3+4+3
No longer listed·1423
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 4 funders to 12 funders, grant income rose $177k → $340k.

5 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Borderless Magazine NFP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Borderless Magazine NFP has a broad base — no single funder exceeds 18% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

59% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Borderless Magazine NFP.

18%
largest funder
47%
top three
~9
effective funders

Largest funder’s share by year: 2020 42% · 2021 30% · 2022 21% · 2023 29% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of Borderless Magazine NFP's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

58% of Borderless Magazine NFP's grant income comes from Illinois funders.

MN
IL
MI
NY
MA
PA
CA
MO
DE

In-state vs out-of-state, by year

’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $695k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Borderless Magazine NFP has grown faster than three-quarters of the 3,430 arts & culture nonprofits its size.

Operating margin16% · above the median
Months of reserve7.6mo · above the median
Revenue growth (annualized)46% · top quartile

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Organizations like Borderless Magazine NFP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

63% of spending goes to programs.

Program 63%Management 20%Fundraising 17%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

66%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for Borderless Magazine NFP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Borderless Magazine NFP?
Borderless Magazine NFP (Illinois) receives grants from 21 organizations whose IRS filings report $2,012,966 to it, the largest being FIELD FOUNDATION OF ILLINOIS ($360,000). 13 of them have funded it in more than one year.
How many funders does Borderless Magazine NFP have?
IRS filings report 21 organizations giving $2,012,966 in grants to Borderless Magazine NFP, 13 of which have funded it in more than one year.
Who is the largest funder of Borderless Magazine NFP?
FIELD FOUNDATION OF ILLINOIS is the largest funder on record, with $360,000 in grants. The full list of funders is on this page.
How can an organization like Borderless Magazine NFP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Borderless Magazine NFP →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 21 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing