OWEN NEWS PROJECT INC

EIN: 884100010 501(c)(3) Arts, Culture & Humanities

Spencer, IN

Total Revenue
$272,429
Total Expenses
$196,538
Total Assets
$168,051
Net Assets
$168,051
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
IN
Principal Officer
Nicole DeCriscio Bowe
Phone
8128291725
Tax Period
2025-01-01 to 2025-12-31

OWEN NEWS PROJECT INC, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $272K in total revenue in fiscal year 2025. Revenue surged 115% from the prior year, signaling strong growth momentum. The organization ran a surplus of $76K, a strong 28% operating margin.

Mission

Our mission is to deliver reliable and unbiased local news and information to empower our readers and build a stronger community. We work to fill the news gap within Owen County while increasing overall media literacy within our community.

Program Service Accomplishments

Program 1
Expenses: $190,534 Revenue: $272,429

Production of monthly printed newspaper.

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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 $270,515
Program Service Revenue $0
Investment Income $1,914
Other Revenue $0
TOTAL REVENUE $272,429

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,456
Fundraising Expenses $500
Program Expenses $190,534
Other Expenses $86,082
TOTAL EXPENSES $196,538

Year-over-Year Comparison

2025 2024 Change
Revenue $272,429 $126,693 +1.2%
Expenses $196,538 $38,392 +4.1%
Net Income $75,891 $88,301 -0.1%
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
8
Independent Members
8
Employees
2
Volunteers
30

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
4
$7,150
Total Directors
5
$0
Key Employees
1
$65,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicole DeCriscio Executive Editor 40
Key Emp
$65,000 $0 $65,000
Travis Curry Board Chair 20
Officer
$0 $7,150 $7,150
Jessica Brinson Board Member 10
Director
$0 $0 $0
Suzannah Couch Board Member 10
Director
$0 $0 $0
Caroline Riley Board Member 10
Director
$0 $0 $0
Stefan Welsh Board Member 10
Director
$0 $0 $0
Kurt Rosenberger Board Treasurer 10
Officer Director
$0 $0 $0
Aaron LaGrange Board Vice Chair 10
Officer
$0 $0 $0
Tyler DeFord Board Secretary 10
Officer
$0 $0 $0
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 $272,429 $196,538 $168,051 $75,891
2024 $126,693 $38,392 $92,160 $88,301
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