Adirondack Explorer Inc
- Assets
- $1.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 15
- Location
- Saranac Lake, NY
- Founding
- 07/1995
- Data as of
- 02/2022
- EIN
- 14-1781617
Organization Overview
Adirondack Explorer Inc is located in Saranac Lake, NY. The organization was established in 1995. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 02/2022, Adirondack Explorer Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adirondack Explorer Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2022, Adirondack Explorer Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $1.4m during the year ending 02/2022. While expenses have increased by 6.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PUBLISHES THE ADIRONDACK EXPLORER, A BIMONTHLY NEWS MAGAZINE, AND ASSOCIATED WEBSITES DEVOTED TO THE PROTECTION AND THE ENJOYMENT OF THE ADIRONDACK PARK IN NORTHEASTERN NEW YORK STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PUBLISHES THE ADIRONDACK EXPLORER, A BIMONTHLY NEWS MAGAZINE, AND ASSOCIATED WEBSITES DEVOTED TO THE PROTECTION AND THE ENJOYMENT OF THE ADIRONDACK PARK IN NORTHEASTERN NEW YORK STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Ormsbee Publisher/se | Officer | 40 | $119,583 |
Tom Curley Chairman | OfficerTrustee | 1 | $0 |
Curtis Stiles Finance Offi | OfficerTrustee | 1 | $0 |
Timothy Thompson Vice Chair | OfficerTrustee | 1 | $0 |
Charles Updike Treasurer | OfficerTrustee | 1 | $0 |
Dean Cook Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,180,392 |
| Noncash contributions included in lines 1a–1f | $10,235 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,180,392 |
| Total Program Service Revenue | $561,968 |
| Investment income | $11,710 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $58,553 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,812,670 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $637,466 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,117 |
| Payroll taxes | $51,931 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,678 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,303 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,167 |
| Office expenses | $213,638 |
| Information technology | $33,619 |
| Royalties | $0 |
| Occupancy | $19,668 |
| Travel | $13,918 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $587 |
| Insurance | $7,545 |
| All other expenses | $32,383 |
| Total functional expenses | $1,383,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,160 |
| Savings and temporary cash investments | $332,876 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,726 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,800 |
| Net Land, buildings, and equipment | $2,110 |
| Investments—publicly traded securities | $1,225,661 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,691,333 |
| Accounts payable and accrued expenses | $5,119 |
| Grants payable | $0 |
| Deferred revenue | $224,579 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $229,698 |
| Net assets without donor restrictions | $472,034 |
| Net assets with donor restrictions | $989,601 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,691,333 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Adirondack Explorer Inc has recieved totaling $176,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $65,800 |
Columbus Foundation Columbus, OH PURPOSE: CONSERVATION | $50,000 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $15,000 |
Adirondack Foundation Lake Placid, NY PURPOSE: FOR UNRESTRICTED SUPPORT | $10,000 |
Harding Educational And Charitable Foundation Chicago, IL PURPOSE: GENERAL | $10,000 |
Adirondack Foundation Lake Placid, NY PURPOSE: FOR UNRESTRICTED SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $469,946 |
| Net Contributions | $500,000 |
| Ending Balance | $969,946 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Technology Review Inc Cambridge, MA | $6,822,000 | $19,424,000 |
Project Veritas Mamaroneck, NY | $11,883,753 | $22,034,786 |
Journal Of Bone And Joint Surgery Inc Needham, MA | $35,717,891 | $10,120,492 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
Retro Report Inc Mystic, CT | $1,128,827 | $6,590,447 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
National Braille Press Inc Boston, MA | $10,542,006 | $5,176,920 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |
University Of Pennsylvania Press Incorporated Philadelphia, PA | $1,805,477 | $4,286,513 |
Harvard Magazine Incorporated Cambridge, MA | $2,271,377 | $3,610,627 |
American Booksellers Assoc Inc White Plains, NY | $43,213,298 | $1,963,902 |