Civic Intelligence

Denver Newspaper Guild

990 • Fiscal year 2025 • EIN 84-0419318

Oct 01, 2024 to Sep 30, 2025 • Filed on Dec 05, 2025

1175 Osage Street Ste 205Denver, CO 80204

(303) 595-9818

Siviq Scores

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

Liabilities / Assets

96th percentile

0.29x

Higher debt load relative to assets than 96% of similar nonprofits.

2025 filings • 501(c)5 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

94th percentile

0.24x

Higher debt load relative to revenue than 94% of similar nonprofits.

2025 filings • 501(c)5 • <$500k nonprofits • Source year 2025

Net Margin

44th percentile

2.4%

Higher net margin than 44% of similar nonprofits.

2025 filings • 501(c)5 • <$500k nonprofits • Source year 2025

Top Officer Pay

95th percentile

$57,040

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

2025 filings • 501(c)5 • <$500k nonprofits • Source year 2025

Asset Growth

48th percentile

2.7%

Faster asset growth than 48% of similar nonprofits.

2025 filings • 501(c)5 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

49th percentile

1.0%

Faster revenue growth than 49% of similar nonprofits.

2025 filings • 501(c)5 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$343,560

Up $8,983 (+2.7%) from 2024

Net Assets

Up

$245,638

Up $9,843 (+4.2%) from 2024

Liabilities

Down

$97,922

Down $860 (-0.9%) from 2024

Revenue

Up

$413,309

Up $4,197 (+1.0%) from 2024

Expenses

Up

$403,466

Up $9,131 (+2.3%) from 2024

Net Income

Down

$9,843

Down $4,934 (-33%) from 2024

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $472,196Liabilities 2011: $73,574Net Assets 2011: $398,6222011Assets 2012: $502,253Liabilities 2012: $76,007Net Assets 2012: $426,2462012Assets 2014: $563,659Liabilities 2014: $80,966Net Assets 2014: $482,6932014Assets 2015: $557,852Liabilities 2015: $84,216Net Assets 2015: $473,6362015Assets 2016: $487,794Liabilities 2016: $92,351Net Assets 2016: $395,4432016Assets 2017: $416,414Liabilities 2017: $91,040Net Assets 2017: $325,3742017Assets 2018: $380,487Liabilities 2018: $98,781Net Assets 2018: $281,7062018Assets 2019: $341,373Liabilities 2019: $116,660Net Assets 2019: $224,7132019Assets 2020: $295,559Liabilities 2020: $104,445Net Assets 2020: $191,1142020Assets 2021: $276,183Liabilities 2021: $82,953Net Assets 2021: $193,2302021Assets 2022: $266,389Liabilities 2022: $87,964Net Assets 2022: $178,4252022Assets 2023: $310,324Liabilities 2023: $89,306Net Assets 2023: $221,0182023Assets 2024: $334,577Liabilities 2024: $98,782Net Assets 2024: $235,7952024Assets 2025: $343,560Liabilities 2025: $97,922Net Assets 2025: $245,6382025

Highlighted filing

2025

Assets$343,560
Liabilities$97,922
Net Assets$245,638

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $290,722Expenses 2011: $267,838Net Income 2011: $22,8842011Expenses 2012: $248,3532012Revenue 2014: $269,828Expenses 2014: $265,141Net Income 2014: $4,6872014Revenue 2015: $255,340Expenses 2015: $264,397Net Income 2015: -$9,0572015Revenue 2016: $232,240Expenses 2016: $310,433Net Income 2016: -$78,1932016Revenue 2017: $205,074Expenses 2017: $275,145Net Income 2017: -$70,0712017Revenue 2018: $189,461Expenses 2018: $233,129Net Income 2018: -$43,6682018Revenue 2019: $177,039Expenses 2019: $234,032Net Income 2019: -$56,9932019Revenue 2020: $208,755Expenses 2020: $242,355Net Income 2020: -$33,6002020Revenue 2021: $203,182Expenses 2021: $201,066Net Income 2021: $2,1162021Revenue 2022: $215,561Expenses 2022: $230,366Net Income 2022: -$14,8052022Revenue 2023: $270,434Expenses 2023: $244,055Net Income 2023: $26,3792023Revenue 2024: $409,112Expenses 2024: $394,335Net Income 2024: $14,7772024Revenue 2025: $413,309Expenses 2025: $403,466Net Income 2025: $9,8432025

Highlighted filing

2025

Revenue$413,309
Expenses$403,466
Net Income$9,843
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Dec 5, 2025
Return Version
2024v5.0
Gross Receipts
$413,309
Mission and Program Overview

Mission

To improve the working conditions and financial status of its members.

To promote fair wages, benefits, and improve working conditions for its membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$204,304$209,650▲ $5,346
Land, Buildings, and Equipment, Net$107,443$101,296▼ $6,147
Accounts Receivable$17,055$28,590▲ $11,535
Prepaid Expenses and Deferred Charges$2,500$2,694▲ $194
Total Assets$334,577$343,560▲ $8,983
Other Assets Total$3,275$1,330▼ $1,945
Liabilities
Other Liabilities$81,858$82,493▲ $635
Accounts Payable and Accrued Expenses$16,924$15,429▼ $1,495
Total Liabilities$98,782$97,922▼ $860
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$229,503$241,429▲ $11,926
Net Assets With Donor Restrictions$6,292$4,209▼ $2,083
Total Net Assets Fund Balance$235,795$245,638▲ $9,843
Total Liabilities and Net Assets / Fund Balance$334,577$343,560▲ $8,983

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$56,843$83,169$140,012
Leasehold Improvements$20,313$29,200$49,513
Other Land Buildings$24,141$15,159$39,300
Equipment-$1,544$1,544
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Isabel AriesSecretaryFT$57,040$57,040

Board Members and Trustees

NameTitle
Madison CasselsPresident
Connie UtleyTreasurer
Andrew CarilloVice Preside
Sam MadduxVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$252,287
Investment Income
$3,074
Other Revenue
$157,948
Change in Net Assets
$9,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$252,248
Other Expenses$151,218
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,908--$115,908
Current Officers, Directors, Trustees, and Key Employees$74,751--$74,751
Occupancy$38,734--$38,734
Other Employee Benefits$33,958--$33,958
Payroll Taxes$15,500--$15,500
Pension Plan Contributions$12,131--$12,131
Fees for Services Accounting$7,281--$7,281
Depreciation Depletion$6,147--$6,147
Conferences and Meetings$3,902--$3,902
Office Expenses$3,838--$3,838
All Other Expenses$3,525--$3,525
Other Expenses$2,862--$2,862
Fees for Services Legal$100--$100
Total Functional Expenses$403,466$0$0$403,466
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Severance Benefit$70,585
Accrued Vacation$10,578
Lease Liability$1,330
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The local is made of members, with dues being withheld from multiple employers.

Form 990, Page 6, Part VI, Line 7A

The union members elect officers to govern

Form 990, Page 6, Part VI, Line 7B

Some governance decisions must be approved by the membership.

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

The form 990 is reviewed by at least two officers, and then is made available at meetings.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Denver Newspaper Guild
EIN
84-0419318
Phone
3035959818
Address
1175 OSAGE STREET STE 205, DENVER, CO 80204

Signing Officer

Name
Madison Cassels
Title
President
Phone
3035959818
Signed
2025-12-05

Organization Details

Principal Officer
Madison Cassels
Formed
1936
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
0
Employees
6

Preparer

Firm
Baratz & Associates Pa
Address
4B EVES DR STE 100, MARLTON, NJ 08053
Preparer
John Fekete CPA
Phone
8569855688
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To improve the working conditions and financial status of its members.

Financial Statement Notes

Schedule D, Page 3, Part X

Fasb requires financial statement recognition of the impact of a tax position, if that position is more than likely than not to be sustained on examination, based on the technical merits of the position. The benefit is calculated as the larger amount that is more than 50% likely to be realized upon resolution of the benefit. The organization has evaluated its tax positions and believes all could be sustained upon examination. The organization is no longer subject to income tax examinations by federal authorities before september 30, 2022.

Raw XML Appendix335 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB REQUIRES FINANCIAL STATEMENT RECOGNITION OF THE IMPACT OF A TAX POSITION, IF THAT POSITION IS MORE THAN LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE BENEFIT IS CALCULATED AS THE LARGER AMOUNT THAT IS MORE THAN 50% LIKELY TO BE REALIZED UPON RESOLUTION OF THE BENEFIT. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND BELIEVES ALL COULD BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL AUTHORITIES BEFORE SEPTEMBER 30, 2022.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO IMPROVE THE WORKING CONDITIONS AND FINANCIAL STATUS OF ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE LOCAL IS MADE OF MEMBERS, WITH DUES BEING WITHHELD FROM MULTIPLE EMPLOYERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE UNION MEMBERS ELECT OFFICERS TO GOVERN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SOME GOVERNANCE DECISIONS MUST BE APPROVED BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY AT LEAST TWO OFFICERS, AND THEN IS MADE AVAILABLE AT MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0334577
IRS990/TotalAssetsEOYAmt0343560
IRS990/TotalAssetsGrp/BOYAmt0334577
IRS990/TotalAssetsGrp/EOYAmt0343560
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0403466
IRS990/TotalFunctionalExpensesGrp/TotalAmt0403466
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt098782
IRS990/TotalLiabilitiesEOYAmt097922
IRS990/TotalLiabilitiesGrp/BOYAmt098782
IRS990/TotalLiabilitiesGrp/EOYAmt097922
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0235795
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0245638
IRS990/TotalProgramServiceRevenueAmt0252287
IRS990/TotalReportableCompFromOrgAmt057040
IRS990/TotalRevenueGrp/ExclusionAmt025814
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0387495
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0413309
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0334577
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0343560
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01175 OSAGE ST STE205
IRS990/USAddress/CityNm0DENVER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080204
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MADISON CASSELS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03035959818
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DENVER NEWSPAPER GUILD
ReturnHeader/Filer/BusinessNameControlTxt0DENV
ReturnHeader/Filer/EIN0840419318
ReturnHeader/Filer/PhoneNum03035959818
ReturnHeader/Filer/USAddress/AddressLine1Txt01175 OSAGE STREET STE 205
ReturnHeader/Filer/USAddress/CityNm0DENVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080204
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222212404
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARATZ & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04B EVES DR STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARLTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008053
ReturnHeader/PreparerPersonGrp/PhoneNum08569855688
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN FEKETE CPA
ReturnHeader/ReturnTs02026-01-14T10:42:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.44$0.98$2.46$4.13$4.03$0.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.99$2.36$4.09$3.94$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.10$0.89$2.21$2.70$2.44$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.88$1.78$2.16$2.30$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.83$1.93$2.03$2.01$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$1.04$1.91$2.09$2.42$0.34
2019Detailed filing. Detailed filing data is available for this year.$3.41$1.17$2.25$1.77$2.34$0.57
2018Detailed filing. Detailed filing data is available for this year.$3.80$0.99$2.82$1.89$2.33$0.44
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.91$3.25$2.05$2.75$0.70
2016Detailed filing. Detailed filing data is available for this year.$4.88$0.92$3.95$2.32$3.10$0.78
2015Detailed filing. Detailed filing data is available for this year.$5.58$0.84$4.74$2.55$2.64$0.09
2014Summary only. Only limited summary data is available for this year.$5.64$0.81$4.83$2.70$2.65$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.02$0.76$4.26$2.48
2011Summary only. Only limited summary data is available for this year.$4.72$0.74$3.99$2.91$2.68$0.23
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2025 filings • 501(c)5 • <$500k nonprofits