Civic Intelligence

H-W News Inc.

EIN 99-3982041 • Hamilton, MA

Pub. 78 EligibleNTEE A30

Profile

H-w news, inc. Is dedicated to educating and informing the public about issues and events that affect residents of hamilton and wenham, massachusetts and surrounding areas by providing full, fair, and accurate coverage of the news important to those through independent nonprofit local journalism.

PO Box 121Hamilton, MA 01936

h-w-news.com

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

NTEE A • <$500k nonprofits • Source year 2025

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

NTEE A • <$500k nonprofits • Source year 2025

Net Margin

83rd percentile

51%

Higher net margin than 83% of similar nonprofits.

NTEE A30 • <$500k nonprofits • Source year 2025

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

NTEE A30 • <$500k nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

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

Source year 2025

Revenue Growth

Score unavailable

No value available

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

Source year 2025

Assets

$184,915

No earlier filing loaded for comparison.

Liabilities

$3,272

No earlier filing loaded for comparison.

Net Assets

$181,643

No earlier filing loaded for comparison.

Revenue

$356,717

No earlier filing loaded for comparison.

Expenses

$175,074

No earlier filing loaded for comparison.

Net Income

$181,643

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2025: $184,915Liabilities 2025: $3,272Net Assets 2025: $181,6432025

Highlighted filing

2025

Assets$184,915
Liabilities$3,272
Net Assets$181,643

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2025: $356,717Expenses 2025: $175,074Net Income 2025: $181,6432025

Highlighted filing

2025

Revenue$356,717
Expenses$175,074
Net Income$181,643

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.85$0.03$1.82$3.57$1.75$1.82
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 15, 2024 to Jun 30, 2025
Signed
Feb 24, 2026
Return Version
2024v5.5
Gross Receipts
$356,717
Mission and Program Overview

Mission

H-w news, inc. Is dedicated to educating and informing the public about issues and events that affect residents of hamilton and wenham, massachusetts and surrounding areas by providing full, fair, and accurate coverage of the news important to those through independent nonprofit local journalism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$181,643▲ $181,643
Cash and Non-Interest-Bearing Accounts-$176,792-
Accounts Receivable-$8,123-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$184,915▲ $184,915
Liabilities
Accounts Payable and Accrued Expenses-$3,272-
Total Liabilities$0$3,272▲ $3,272
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$181,643▲ $181,643
Total Liabilities and Net Assets / Fund Balance$0$184,915▲ $184,915
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul MihailidisPresident
George HatchVice President
Christina HolzClerk
John LawrenceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$287,059
Program Service Revenue
$69,330
Investment Income
$328
Other Revenue
$0
All Other Contributions
$287,059
Change in Net Assets
$181,643
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$98,936
Salaries, Compensation, and Employee Benefits$76,138
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,767--$69,767
Fees for Services Other$32,042--$32,042
Advertising$10,282--$10,282
Payroll Taxes$6,371--$6,371
Insurance$6,186--$6,186
Fees for Services Legal-$3,196-$3,196
Office Expenses-$2,030-$2,030
All Other Expenses-$1,163-$1,163
Other Expenses$14,325$1,045-$1,045
Information Technology-$238-$238
Total Functional Expenses$162,145$12,929$0$175,074
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Board of directors review form 990 before being processed and filed.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
H-w News Inc
EIN
99-3982041
Phone
6172063766
Address
PO BOX 121, HAMILTON, MA 01936

Signing Officer

Name
Paul Mihailidis
Title
Officer
Phone
6172063766
Signed
2026-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Mihailidis
Formed
2024
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
6
Volunteers
1

Preparer

Firm
Gorton & Company Pc
Address
222 ROSEWOOD DRIVE SUITE 1100, DANVERS, MA 01923
Preparer
Robert F Gorton
Phone
9787744000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Freelancers: program service expenses 31,089. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,089. Payroll fees: program service expenses 953. Management and general expenses 0. Fundraising expenses 0. Total expenses 953.

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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DANVERS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001923
ReturnHeader/PreparerPersonGrp/PhoneNum09787744000
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT F GORTON
ReturnHeader/ReturnTs02026-02-24T16:09:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-15
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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