Peekskill Herald Inc

Nonprofit profile at a glance

EIN
871864588
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Peekskill, NY, USA
Phone
9143826259
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Media, Communications Organizations

Reported finances

Revenue
$174,860
Expenses
$234,605
Assets
$26,712
Liabilities
$109

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • LUKE DAVENPORT (PRESIDENT)

People named in this filing

  • LUKE DAVENPORT (PRESIDENT)
  • REGINA CLARKIN (EXECUTIVE DI)
  • JOHN A SMITH (VICE PRESIDE)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is organized exclusively for section 501(c)3 purposes, and to operate a newpaper to further literature and education through journalism, (b) to further other charitable purposes as may be determined by the board of directors, and (c) to conduct any lawful act or activity related to the foregoing that is consistent with the provisions of code section 501(c)3.

What it reported doing in 2025

In 2025 won our second award for reporting from the New York press association. Our sports editor jeffrey merchan won for a story he wrote about a soccer player who was injured on the field. We convened a public forum on traffic and pedestrian safety at dramatic hall that was attended by the public along with city officials. We absorbed the instagram account peekskill_exurbanist with more than 10,000 followers and incorporated it into our multi-media platform. We reported on a situation with senior citizens who were feeling held hostage in their apartment building. Our reporting led to action on the part of the owner of the building. We initiated sports coverage of the neighboring school district. We created photo journalist video stories on our peekskill_exurbanist site.

Operating model

Revenue model
Donor-supported. 95% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 100
  • Sustainability: 13
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.3%; rating input score 75
  • Program expense ratio: 56.2%; rating input score 56

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -34.2%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 8.5%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 30% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 25% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: -8.2% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 75.3% of revenue deployed · 56.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $132K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.