NEW YORK PRESS ASSOCIATION INC

EIN: 150505851

COHOES, NY

Total Revenue
$320,598
Total Expenses
$409,482
Total Assets
$632,764
Net Assets
$-224,102
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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
NY
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 TO PROMOTE AND ENCOURAGE HIGHER STANDARDS OF JOURNALISM; TO AID AND ADVANCE THE STUDY AND TEACHING OF JOURNALISM; TO ENCOURAGE AND PROMOTE A BETTER UNDERSTANDING BETWEEN THE PUBLIC AND THE PRESS; TO SUPPORT AND DEFEND THE FIRST AMENDMENT AND TO SUPPORT THE ECONOMIC PROSPERITY OF NEWSPAPERS.

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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%)

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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

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Governance

Voting Members
22
Independent Members
22
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
2
$264,608
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
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
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