NEW YORK PRESS ASSOCIATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

BRYCE JACOBSON

Phone

5184646483

Tax Period

2025-01-01 to 2025-12-31

NEW YORK PRESS ASSOCIATION INC, founded in 1964, is a small nonprofit that reported $321K in total revenue in fiscal year 2025. Expenses of $409K exceeded revenue, resulting in a 28% operating deficit.

Mission

THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF PROTECTING THE FIRST AMENDMENT THROUGH EDUCATION, TRAINING, AND INTERVENTION TO ENSURE THE FUTURE OF FREE PRESS.

Program Service Accomplishments

Program 1

THE ORGANIZATION ASSISTED ITS MEMBERS WITH AWARENESS OF ISSUES THAT AFFECT THE FREE PRESS, TRAINING AND EDUCATION DURING THE YEAR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $101,835

Program Service Revenue $163,547

Investment Income $54,711

Other Revenue $505

TOTAL REVENUE $320,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $409,482

TOTAL EXPENSES $409,482

Year-over-Year Comparison

	2025	2024	Change
Revenue	$320,598	$333,888	0.0%
Expenses	$409,482	$551,195	-0.3%
Net Income	$-88,884	$-217,307	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$264,608

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURIE STUART	DIRECTOR	0.00	Director	$0	$0	$0
FRED STABBERT III	DIRECTOR	0.00	Director	$0	$0	$0
CLIFF LUSTER	DIRECTOR	0.00	Director	$0	$0	$0
ASHLEY ALEXANDER	DIRECTOR	0.00	Director	$0	$0	$0
SUZZANE FISHER-HUETTNER	DIRECTOR	0.00	Director	$0	$0	$0
JEANNE STRAUS	PRESIDENT, NYPF BOARD	0.00	Director	$0	$0	$0
BILL BROAD	PRESIDENT, NYPS BOARD	0.00	Director	$0	$0	$0
GAVIN MENU	IMMEDIATE PAST PRESIDENT,	0.00	Director	$0	$0	$0
WARREN C DEWS JR	DIRECTOR	0.00	Director	$0	$0	$0
DAVID AMBRO	DIRECTOR	0.00	Director	$0	$0	$0
LEAH DUNAIEF	DIRECTOR	0.00	Director	$0	$0	$0
BILL SHUMWAY	SECRETARY/TREASURER	0.00	Director	$0	$0	$0
TERRY TUTHILL	PRESIDENT, NYPA BOARD	0.00	Director	$0	$0	$0
GEORGE FIALA	DIRECTOR	0.00	Director	$0	$0	$0
STEVE BLANK	DIRECTOR	0.00	Director	$0	$0	$0
DAVE TYLER	DIRECTOR	0.00	Director	$0	$0	$0
ALEC JOHNSON	PRESIDENT ELECT, NYPA	0.00	Director	$0	$0	$0
CHERYL PHILLIPS	DIRECTOR	0.00	Director	$0	$0	$0
MARILYN KASPEREK	DIRECTOR	0.00	Director	$0	$0	$0
BRIAN NALEPA	DIRECTOR	0.00	Director	$0	$0	$0
DENISE CIVILETTI	DIRECTOR	0.00	Director	$0	$0	$0
VALERIE SECOR	DIRECTOR	0.00	Director	$0	$0	$0
BRYCE JACOBSON	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$117,154
MICHELLE REA	EXECUTIVE DIRECTOR	40.00	Officer	$0	$10,200	$147,454

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$320,598	$409,482	$632,764	$-88,884
2024	$333,888	$551,195	$753,426	$-217,307
2023	$236,522	$469,137	$749,375	$-232,615
2022	$260,111	$452,883	$638,106	$-192,772
2021	$237,490	$240,956	$965,684	$-3,466
2020	$183,038	$245,202	$767,381	$-62,164
2019	$369,772	$451,350	$598,154	$-81,578
2018	$279,395	$446,729	$576,788	$-167,334