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Nonprofit · EIN 99-2296406

FOUNDATION FOR LOCAL NEWS INC

Tax-exempt · PARKLAND, FL 33076

Financials

$583K$517K2025
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR LOCAL NEWS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$583,229$516,875$66,354$66,975$0$66,975
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$583,008
Program service revenue
$0
Investment income
$221
Other revenue
$0

Expenses

Grants and similar amounts paid
$515,028
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$625
Program services (functional)
$516,875

Balance sheet and other

Total assets, start of year
$621
Total assets, end of year
$66,975
Total liabilities, end of year
$0
Net assets, end of year
$66,975
Gross receipts
$583,229
Employees
0
Volunteers
0
Year formed
2024
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL SHAPIROCHAIRMAN AND BOARD MEMBER
Trustee or director
5$0
EDMUND M DEVEAUXVICE CHAIR AND BOARD MEMBER5$0
ERIC LEVINESECRETARY AND BOARD MEMBER5$0
DARLENE CULLENTREASURER5$0
BRIAN THOMPSONBOARD MEMBER2$0
MARIE DENOIA ARONSOHNBOARD MEMBER2$0
JONATHAN ALTERBOARD MEMBER2$0
RONALD MORANOBOARD MEMBER2$0

Address and contacts

Address (IRS master file)
8200 NW 110TH LN, PARKLAND, FL 33076-3656
In care of
% MICHAEL SHAPIRO PRESIDENT
Mailing address (990-N for 2024)
PO Box 794, New Providence NJ 07974
Principal officer (990 for 2025)
MICHAEL SHAPRIO, 8200 NW 110TH LN, POMPANO BEACH, FL 33076
Principal officer (990-N for 2024)
Michael Shapiro, 8200 NW 110th LN, Parkland FL 33076
Signed the 990
MICHAEL SHAPRIO, PRESIDENT
Phone
(908) 279-0303
Return prepared by
EHRICH CONSULTING GROUP LLC

Mission

To promote careers in local news and news related professions, also increasing public awareness of the local news crisis

990 for the year ended December 31, 2025

Program accomplishments

  • MENTORSHIP, TRAINING AND LONG-TERM INVESTMENT IN EARLY CAREER BLACK JOURNALISTS IN SOUTH JERSEY
    Expenses $516,875 · grants $583,008 · revenue $99,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-2296406
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$66,975
Income (IRS master file)
$583,229

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$583,229$516,875$66,975XML
990-N for 2024
Officer: Michael Shapiro
December 31, 2024≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-2296406).

Questions about FOUNDATION FOR LOCAL NEWS INC

What is the EIN of FOUNDATION FOR LOCAL NEWS INC?
The employer identification number (EIN) of FOUNDATION FOR LOCAL NEWS INC is 99-2296406.
Is FOUNDATION FOR LOCAL NEWS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to FOUNDATION FOR LOCAL NEWS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR LOCAL NEWS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION FOR LOCAL NEWS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR LOCAL NEWS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FOUNDATION FOR LOCAL NEWS INC?
The 990 for the year ended December 31, 2025 names MICHAEL SHAPRIO.
Who are the officers and directors of FOUNDATION FOR LOCAL NEWS INC?
The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR LOCAL NEWS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $583,229, expenses of $516,875 and total assets of $66,975 at year end.

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