Totals
- Total revenue
- $93,585
- Total expenses
- $67,897
- Contributions and grants received
- $76,493
- Grants paid
- $0
- Program service revenue
- $17,494
- Membership dues (line 3)
- $0
- Investment income (line 4)
- $0
- Gain or loss on sale of assets (line 5c)
- $0
- Gaming and fundraising events, net (line 6d)
- $0
- Gross profit on inventory sales (line 7c)
- -$417
- Other revenue (line 8)
- $15
- Total assets, end of year
- $68,790
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $68,790
- Program service expenses (Part III)
- $62,164
Program services were 91.6% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2025
Primary exempt purpose
Publish monthly print and online Peaks Island News newspaper
-
The BOD conducted two fundraisers by mail during 2025 in an effort to increase income from donations
Expenses $4,455
-
During 2025, the Peaks Island News hired an independent contractor to act as editor and layout the newspaper to reduce dependence on volunteers as a step towards longterm sustainability of the newspaper. The BOD was able to raise funds and secure grants to make this operationally possible.
Expenses $48,974 · Grants $10,000
-
In response to reader feedback, the BOD expanded the number of pages in the paper and printed more color pages. The BOD remained committed to bulk mailing the newspaper to every household on Peaks Island. This contributed to increased operational expenses.
Expenses $8,735
As filed on the 2025 return.
Listed in Part IV
-
Scott Dolan
BOD President and Clerk
- Total calculated
- $0
- Hours/week
- 18
-
Stacey Kors
BOD Vice President and copy editor
- Total calculated
- $0
- Hours/week
- 5
-
Susan Hanley
BOD Treasurer
- Total calculated
- $0
- Hours/week
- 8
-
Celia Bohan
BOD Director & photo editor
- Total calculated
- $0
- Hours/week
- 4
-
Rhonda Berg
BOD Director & advertising sales
- Total calculated
- $0
- Hours/week
- 4
-
Ross Sneyd
BOD Secretary
- Total calculated
- $0
- Hours/week
- 6
-
Owen Davis
BOD Director
- Total calculated
- $0
- Hours/week
- 2
-
Alfred Wood
BOD Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael DiLorenzo
BOD Director & columnist
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2025
- Filed
- 11 April 2026
- IRS schema version
- 2025v4.0
- Source object
- 202601019349201400
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