Civic Intelligence

The Recorder News Inc

EIN 99-2231733 • 501(c)3 • Katonah, NY

Profile

The recorder is a newly incorporated community news organization that publishes a weekly print newspaper and website offering independent, non- partisan,non-profit journalism connecting all residents, civic organizations and businesses in the towns of bedford, lewisboro, pound ridge and mount kisco.

282 Katonah Avenue Suite 186Katonah, NY 10536

www.therecorder.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.23x

Higher debt load relative to assets than 71% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.20x

Higher debt load relative to revenue than 73% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Source year 2024

Net Margin

92nd percentile

66%

Higher net margin than 92% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S • $500k-$1M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets71st percentile

Assets

$554,851

No earlier filing loaded for comparison.

Liabilities

$130,348

No earlier filing loaded for comparison.

Net Assets

$424,503

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue73rd percentileNet Margin92nd percentile

Revenue

$639,846

No earlier filing loaded for comparison.

Expenses

$215,343

No earlier filing loaded for comparison.

Net Income

$424,503

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2024: $554,851Liabilities 2024: $130,348Net Assets 2024: $424,5032024

Highlighted filing

2024

Assets$554,851
Liabilities$130,348
Net Assets$424,503
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Revenue 2024: $639,846Expenses 2024: $215,343Net Income 2024: $424,5032024

Highlighted filing

2024

Revenue$639,846
Expenses$215,343
Net Income$424,503
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$554,851
Liabilities
$130,348
Net assets
$424,503
Revenue
$639,846
Expenses
$215,343
Net income
$424,503
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.55$1.30$4.25$6.40$2.15$4.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$639,846
Mission and Program Overview

Mission

The recorder is a newly incorporated community news organization that publishes a weekly print newspaper and website offering independent, non- partisan,non-profit journalism connecting all residents, civic organizations and businesses in the towns of bedford, lewisboro, pound ridge and mount kisco.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$354,992-
Cash and Non-Interest-Bearing Accounts-$192,704-
Accounts Receivable-$5,001-
Prepaid Expenses and Deferred Charges-$2,154-
Total Assets$0$554,851▲ $554,851
Liabilities
Other Liabilities-$124,969-
Accounts Payable and Accrued Expenses-$5,379-
Total Liabilities$0$130,348▲ $130,348
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$424,503-
Total Net Assets Fund Balance$0$424,503▲ $424,503
Total Liabilities and Net Assets / Fund Balance$0$554,851▲ $554,851
Compensation and Service Providers
Top Officer Pay53rd percentile

Board Members and Trustees

NameTitle
Lloyd TrufelmanPresident
Zachary SilberSecretary
Karen SabathTreasurer
Edward BaumVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$483,866
Program Service Revenue
$101,077
Investment Income
$8,578
Other Revenue
$46,325
All Other Contributions
$483,866
Change in Net Assets
$424,503
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$150,543
Salaries, Compensation, and Employee Benefits$64,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$61,454--$61,454
Office Expenses$8,647$198-$8,845
Payroll Taxes$3,346--$3,346
Insurance$1,538$1,136-$2,674
Other Expenses$6,652$2,278-$2,278
Advertising-$2,037-$2,037
Occupancy$1,716--$1,716
Travel-$426-$426
All Other Expenses$2$50-$52
Total Functional Expenses$209,218$6,125$0$215,343
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Revenue$123,407
Other Payable$1,562
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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
No
Management duties delegated
No

Governance Explanations

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

“President, vice-president, and treasurer at the time of filing review form 990”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
The Recorder News Inc
EIN
99-2231733
Phone
9145227047
Address
282 KATONAH AVENUE SUITE 186, KATONAH, NY 10536

Signing Officer

Name
Karen Sabath
Title
Treasurer
Phone
9145227047
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Sabath
Voting Board Members
3
Independent Board Members
0
Employees
2
Volunteers
5

Preparer

Firm
Bender & Associates Cpas
Address
118 N BEDFORD RD, MOUNT KISCO, NY 10549
Preparer
Steven E Bender CPA
Phone
9146662757
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The recorder is a newly incorporated community news organization that publishes a weekly print newspaper and website offering independent, non- partisan,non-profit journalism connecting all residents, civic organizations and businesses in the towns of bedford, lewisboro, pound ridge and mount kisco.”

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

“EXPENSES”

Raw XML Appendix300 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RECORDER IS A NEWLY INCORPORATED COMMUNITY NEWS ORGANIZATION THAT PUBLISHES A WEEKLY PRINT NEWSPAPER AND WEBSITE OFFERING INDEPENDENT, NON- PARTISAN,NON-PROFIT JOURNALISM CONNECTING ALL RESIDENTS, CIVIC ORGANIZATIONS AND BUSINESSES IN THE TOWNS OF BEDFORD, LEWISBORO, POUND RIDGE AND MOUNT KISCO.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESIDENT, VICE-PRESIDENT, AND TREASURER AT THE TIME OF FILING REVIEW FORM 990
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN E BENDER CPA
ReturnHeader/ReturnTs02025-11-14T13:47:01-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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