Civic Intelligence

Adirondack Explorer Inc.

990 • Fiscal year 2025 • EIN 14-1781617

Mar 01, 2024 to Feb 28, 2025 • Filed on Aug 27, 2025

Organization ProfileWWW.ADIRONDACKEXPLORER.ORG
36 Church StreetSaranac Lake, NY 12983

(518) 891-9352

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.16x

Higher debt load relative to assets than 68% of similar nonprofits.

2025 filings • NTEE A • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

74th percentile

0.24x

Higher debt load relative to revenue than 74% of similar nonprofits.

2025 filings • NTEE A • $1M-$5M nonprofits • Source year 2025

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2025 filings • NTEE A • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$138,393

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2025 filings • NTEE A • $1M-$5M nonprofits • Source year 2025

Asset Growth

60th percentile

6.8%

Faster asset growth than 60% of similar nonprofits.

2025 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

42nd percentile

0.6%

Faster revenue growth than 42% of similar nonprofits.

2025 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$2,296,370

Up $146,110 (+6.8%) from 2024

Net Assets

Up

$1,937,104

Up $54,249 (+2.9%) from 2024

Liabilities

Up

$359,266

Up $91,861 (+34%) from 2024

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin22nd percentile

Revenue

Up

$1,500,218

Up $9,674 (+0.6%) from 2024

Expenses

Up

$1,657,807

Up $71,872 (+4.5%) from 2024

Net Income

Down

-$157,589

Down $62,198 (-65%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2012: $721,529Liabilities 2012: $300,907Net Assets 2012: $420,6222012Assets 2013: $712,109Liabilities 2013: $282,886Net Assets 2013: $429,2232013Assets 2014: $800,996Liabilities 2014: $281,571Net Assets 2014: $519,4252014Assets 2015: $834,073Liabilities 2015: $269,411Net Assets 2015: $564,6622015Assets 2016: $728,957Liabilities 2016: $262,690Net Assets 2016: $466,2672016Assets 2017: $780,238Liabilities 2017: $249,604Net Assets 2017: $530,6342017Assets 2018: $793,602Liabilities 2018: $239,360Net Assets 2018: $554,2422018Assets 2019: $940,977Liabilities 2019: $236,034Net Assets 2019: $704,9432019Assets 2020: $1,040,112Liabilities 2020: $243,685Net Assets 2020: $796,4272020Assets 2021: $1,237,708Liabilities 2021: $251,411Net Assets 2021: $986,2972021Assets 2022: $1,691,333Liabilities 2022: $229,698Net Assets 2022: $1,461,6352022Assets 2023: $2,000,198Liabilities 2023: $265,945Net Assets 2023: $1,734,2532023Assets 2024: $2,150,260Liabilities 2024: $267,405Net Assets 2024: $1,882,8552024Assets 2025: $2,296,370Liabilities 2025: $359,266Net Assets 2025: $1,937,1042025

Highlighted filing

2025

Assets$2,296,370
Liabilities$359,266
Net Assets$1,937,104
Open 2025 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2012: $814,012Expenses 2012: $789,171Net Income 2012: $24,8412012Revenue 2013: $811,273Expenses 2013: $823,132Net Income 2013: -$11,8592013Revenue 2014: $866,250Expenses 2014: $793,572Net Income 2014: $72,6782014Revenue 2015: $881,349Expenses 2015: $840,388Net Income 2015: $40,9612015Revenue 2016: $843,037Expenses 2016: $878,206Net Income 2016: -$35,1692016Revenue 2017: $905,285Expenses 2017: $840,918Net Income 2017: $64,3672017Revenue 2018: $931,997Expenses 2018: $908,389Net Income 2018: $23,6082018Revenue 2019: $1,179,752Expenses 2019: $1,029,051Net Income 2019: $150,7012019Revenue 2020: $1,189,744Expenses 2020: $1,098,260Net Income 2020: $91,4842020Revenue 2021: $1,272,151Expenses 2021: $1,241,891Net Income 2021: $30,2602021Revenue 2022: $1,812,670Expenses 2022: $1,383,401Net Income 2022: $429,2692022Revenue 2023: $1,923,886Expenses 2023: $1,524,456Net Income 2023: $399,4302023Revenue 2024: $1,490,544Expenses 2024: $1,585,935Net Income 2024: -$95,3912024Revenue 2025: $1,500,218Expenses 2025: $1,657,807Net Income 2025: -$157,5892025

Highlighted filing

2025

Revenue$1,500,218
Expenses$1,657,807
Net Income-$157,589
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2024 to Feb 28, 2025
Signed
Aug 27, 2025
Return Version
2024v5.0
Gross Receipts
$1,810,054
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,036,149$2,034,318▼ $1,831
Cash and Non-Interest-Bearing Accounts$95,775$246,462▲ $150,687
Accounts Receivable$14,601$11,693▼ $2,908
Prepaid Expenses and Deferred Charges$2,800$3,550▲ $750
Land, Buildings, and Equipment, Net$935$347▼ $588
Total Assets$2,150,260$2,296,370▲ $146,110
Liabilities
Deferred Revenue$228,880$313,613▲ $84,733
Accounts Payable and Accrued Expenses$38,525$45,653▲ $7,128
Total Liabilities$267,405$359,266▲ $91,861
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,616,088$1,631,626▲ $15,538
Net Assets Without Donor Restrictions$266,767$305,478▲ $38,711
Total Net Assets Fund Balance$1,882,855$1,937,104▲ $54,249
Total Liabilities and Net Assets / Fund Balance$2,150,260$2,296,370▲ $146,110

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$16,154$16,154
Leasehold Improvements$347$5,527$5,874

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,569,946$50,000▲ $39,413-$1,659,359
2023$1,469,946$100,000--$1,569,946
2022$969,946$500,000--$1,469,946
2021$469,946$500,000--$969,946
2020$419,946$50,000--$469,946
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tracy OrmsbeePublisher/seFT$138,393$138,393

Board Members and Trustees

NameTitle
Tom CurleyChairman
Timothy ThompsonVice Chair
Adam FedermanDirector
Bridget WilliamsDirector
Charles UpdikeDirector
Charlotte HallDirector
Craig WeatherupDirector
Ed McneilDirector
George Hearst IiiDirector
Laurel SkarbinskiDirector
Lynne PoteauDirector
Rex SmithDirector
Richard BeamishDirector
Robert F WorthDirector
Tamara JollyDirector
Tom BalderstonDirector
Larry MasterFinance Offi
Revenue and Support

Revenue Composition

Contributions and Grants
$867,951
Program Service Revenue
$535,814
Investment Income
$89,846
Other Revenue
$6,607
All Other Contributions
$867,951
Change in Net Assets
$-157,589

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,483,563
Revenue Not Reported on Financial Statements
$16,655
Revenue Not Reported on Form 990
$211,838
Total Revenue per Audited Statements
$1,695,401
Total Revenue per Form 990
$1,500,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$962,881
Other Expenses$694,926
Total Fundraising Expense$104,138
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$457,619$249,211$42,773$749,603
Office Expenses$220,800$15,103$15,616$251,519
Current Officers, Directors, Trustees, and Key Employees$105,875--$105,875
Payroll Taxes$46,369$19,872$3,486$69,727
All Other Expenses$23,640$30,306-$53,946
Other Employee Benefits$25,056$10,737$1,883$37,676
Travel$17,892$3,250$2,580$23,722
Fees for Service Investment Mgmnt Fees-$16,655-$16,655
Information Technology-$16,572-$16,572
Advertising$15,341--$15,341
Other Expenses$14,476$250$37,800$14,476
Occupancy-$11,189-$11,189
Insurance-$10,947-$10,947
Fees for Services Accounting-$8,575-$8,575
Fees for Services Legal-$750-$750
Depreciation Depletion-$588-$588
Total Functional Expenses$1,134,082$419,587$104,138$1,657,807

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,657,807
Expenses per Audited Statements$1,641,152
Total Expenses per Audited Statements$1,641,152
Expenses Not Reported on Financial Statements$16,655
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Electronically distributed before filing.”

Form 990, Page 6, Part VI, Line 15A

“The board evaluates the publisher and reviews the publisher's compensation.”

Form 990, Page 6, Part VI, Line 19

“SEE SCHEDULE O”

Filing and Contact Details

Filer

Filer Name
Adirondack Explorer Inc
EIN
14-1781617
Phone
5188919352
Address
36 CHURCH STREET, SARANAC LAKE, NY 12983

Signing Officer

Name
Tom Curley
Title
Chairman
Phone
5188919352
Signed
2025-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Curley
Formed
1995
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
13

Preparer

Firm
Boulrice & Wood Cpas Pc
Address
206 W BAY PLAZA, PLATTSBURGH, NY 12901-1786
Preparer
Michael L Boulrice CPA
Phone
5185613790
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Document Assets

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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,296,370
Liabilities
$359,266
Net assets
$1,937,104
Revenue
$1,500,218
Expenses
$1,657,807
Net income
-$157,589
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.30$0.36$1.94$1.50$1.66$0.16
2024Summary only. Only limited summary data is available for this year.$2.15$0.27$1.88$1.49$1.59$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.27$1.73$1.92$1.52$0.40
2022Summary only. Only limited summary data is available for this year.$1.69$0.23$1.46$1.81$1.38$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.25$0.99$1.27$1.24$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.24$0.80$1.19$1.10$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.24$0.70$1.18$1.03$0.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.24$0.55$0.93$0.91$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.25$0.53$0.91$0.84$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.26$0.47$0.84$0.88$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.27$0.56$0.88$0.84$0.04
2014Summary only. Only limited summary data is available for this year.$0.80$0.28$0.52$0.87$0.79$0.07
2013Summary only. Only limited summary data is available for this year.$0.71$0.28$0.43$0.81$0.82$0.01
2012Summary only. Only limited summary data is available for this year.$0.72$0.30$0.42$0.81$0.79$0.02