Harpswell News
- Assets
- $285.4k
- Revenue
- $388.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Harpswell, ME
- Founding
- Data as of
- 12/2022
- EIN
- 86-2537658
Organization Overview
Harpswell News is located in Harpswell, ME. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harpswell News is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Harpswell News generated $388.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $257.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PUBLISH A MONTHLY NEWSPAPER COVERING TOPICS OF INTEREST TO THE LOCAL HARPSWELL, ME COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHING A MONTHLY PRINT NEWSPAPER COVERING TOPICS OF INTEREST TO THE LOCAL HARPSWELL, MAINE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Warren Vice President | OfficerTrustee | 0 | $0 |
Greg Bestick President | OfficerTrustee | 0 | $0 |
Deidre Strachan Secretary | OfficerTrustee | 0 | $0 |
Kate Willeford Treasurer | OfficerTrustee | 0 | $0 |
Connie Sage Conner Director | Trustee | 0 | $0 |
Robin Casey Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $388,893 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $388,893 |
| Total Program Service Revenue | $0 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $388,910 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $125,084 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,326 |
| Payroll taxes | $11,083 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,313 |
| Fees for services: Accounting | $745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,732 |
| Office expenses | $5,172 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,000 |
| Insurance | $6,238 |
| All other expenses | $6,952 |
| Total functional expenses | $256,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,704 |
| Savings and temporary cash investments | $70,017 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $26,668 |
| Other assets | $0 |
| Total assets | $285,389 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $285,389 |
| Total liabilities and net assets/fund balances | $285,389 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Center For Public Interest Reporting Hallowell, ME | $59,010 | $440,168 |
Marion Mckenney & Emery W Booker Brunswick, ME | $4,510,905 | $697,087 |
Maine Writers And Publishers Alliance Portland, ME | $182,962 | $299,360 |
Solon Center For Research And Publishing Solon, ME | $256,002 | $285,531 |
Harpswell News Harpswell, ME | $285,389 | $388,910 |
Abba A Womens Resource Center Portland, ME | $667,556 | $289,632 |
New Energy Foundation Inc Concord, NH | $30,775 | $0 |
New England Peer Review In Bedford, NH | $203,957 | $195,141 |
Hanover Review Inc Hanover, NH | $308,869 | $0 |
Gorham Times Inc Gorham, ME | $39,521 | $0 |
The Beloit Poetry Journal Foundation Inc Windham, ME | $114,027 | $0 |
Communication Workers Of America Westbrook, ME | $331,104 | $0 |