My Neighborhood News Network
Nonprofit profile at a glance
- EIN
- 883919841
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025
- Location
- Edmonds, WA, USA
- Phone
- 4257723056
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $477,731
- Expenses
- $520,196
- Assets
- $67,463
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- TERESA WIPPEL (PRESIDENT)
Highest reported compensation
- TERESA WIPPEL (PRESIDENT): $90,051 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The my neighborhood news network seeks to educate the public and serve as a source of local nonpartisan news for communities in south snohomish counties and north king counties through the production of quality local journalism.
What it reported doing in 2025
- we continue to provide our coverage area of 200,000 people in south snohomish county, Washington, with trusted local news, 24/7.- the work of our housing and homelessness reporter made a significant impact in 2025. Her stories ranged from state housing legislation to local affordable housing projects to a heartwarming story about edmonds travel writer rick steves purchasing a building to ensure that those who are unhoused can continue to receive showers and meals (picked up by national news outlets in which we were named, including the Washington post). - we ran a 13-part series in december on government finance and you, to explain the budget challenges facing local governments. - we hosted three city council/mayoral candidate forums in our three covered cities: edmonds, lynnwood and mountlake terrace. The lynnwood forum was cohosted by our partner se habla media and translated into spanish for their viewers. We also hosted issues forums on regional fire authority annexation and a proposed edmonds levy lid lift property tax increase.- we sponsored a movie screening of stripped for parts, showcasing the takeover of local media by hedge funds, followed by a panel discussion with local journalists.- managing editor nick ng took first place in the 2024 excellence in journalism awards sponsored by the society of professional journalists (spj) region 10. Ng's photo of sakha women dancing at a yhyakh festival at lynnwood's lynndale park earned top honors in spj's news photography category for small publications.
Operating model
- Revenue model
- Donor-supported. 66% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 10
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.7%; rating input score 98
- Program expense ratio: 89.7%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.9%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 17.3%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 30.6% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 15.6% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 97.7% of revenue deployed · 89.7% of spending went to programs
- Governance: 0 of 7 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $467K in reported program spending
- Leadership: top reported pay $90K · 7 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Sustainability: Officer compensation ratio scored 21/100.