Waltham News Alliance

Nonprofit profile at a glance

EIN
992907865
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Waltham, MA, USA
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Media, Communications Organizations

Reported finances

Revenue
$126,758
Expenses
$119,782
Assets
$35,062

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

Leadership & pay

3 people listed

Executive titles in this filing

  • JUNE KINOSHITA (PRESIDENT AND DIRECTOR)

People named in this filing

  • JUNE KINOSHITA (PRESIDENT AND DIRECTOR)
  • ANNETTE REYNOLDS (TREASURER AND DIRECTOR)
  • MARY K PRATT (CLERK AND DIRECTOR)

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

To promote and carry out public educational and charitable activities including the creation publication and distribution of news and information in the city of Waltham Massachusetts and surrounding areas: to promote an informed citizenry and to help secure public engagement government accountability and an inclusive community where all voices have a chance to be heard; to support promote and provide fair factual professional reporting and analysis of issues affecting Waltham citizens businesses institutions and government; to support promote and provide independent local news coverage through core values of facts truth transparency independence and professionalism providing a venue for citizen voices to connect with each other and the community with respect; to conduct such other activities and programs in furtherance of the foregoing purposes as may be carried out by a corporation organized under Massachusetts General Laws Chapter 180 and described in section 501c3

What it reported doing in 2025

Publish Waltham Times providing high-quality unbiased community-focused coverage on Waltham to foster an informed and engaged community. It benefits from 5,000 to 65,000 persons in Waltham.

Operating model

Revenue model
Donor-supported. 98% 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. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 37
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.5%; rating input score 94
  • Program expense ratio: 100%; rating input score 100

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: 5.5%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 94.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $120K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • 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 — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.