Kent News Inc
Nonprofit profile at a glance
- EIN
- 882479573
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2021
- Location
- Kent, CT, USA
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Printing, Publishing
Reported finances
- Revenue
- $53,837
- Expenses
- $39,352
- Assets
- $37,182
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- DEBORAH ROSE (VICE PRESIDENT)
People named in this filing
- KAREN CHASE (PRESIDENTTREASURER)
- DEBORAH ROSE (VICE PRESIDENT)
- ANDREA SCHOENY (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
PrintPublish - ArtsCultureHumanities
What it reported doing in 2023
Provide a nonpartisan, nonprofit news & information source committed to building community and enhancing the lives of residents, businesses & organizations of the town of Kent.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.1%; rating input score 73
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 26.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.94; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 162.8% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 72.8% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 48.4% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 73.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $39K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.