Chapman Hyperlocal Media INC EIN 46-5509772 Form 990 (PDF) Claim this org

Chapman Hyperlocal Media INC

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Chapman Hyperlocal Media INC is an arts and culture nonprofit based in Norwalk, CT, formed in 2014. For fiscal year 2025 it reported $244K in revenue, $127K in expenses, and $220K in net assets.Pt I

Founded
2014
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Norwalk, CT
Website
nancyonnorwalk.com
Filings
5 on file (2021–2025)
Revenue
$244KFY2025
Expenses
$127K
Net assets
$220K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-5509772 Public charity (501(c)(3)) Norwalk, CT Founded 2014
Form 990 (PDF)
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Size
$100K–1M
What they do
an arts and culture nonprofit
Leadership
Ahley Smith · Editorinchief · $75K
Money in and out
$244K revenue, $127K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$244K
Pt VIII · Ln 12
Total expenses
$127K
Pt IX · Ln 25
Net assets
$220K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $117K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
20.5mo
months of highly liquid reserves at operating expense rate▲ +55% vs prior filing year
Surplus margin
+48%
revenue over expenses, this year▲ +49% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$244K
FY2025▲ +83%
Total revenue
$244K
Pt VIII · Ln 12
Total expenses
$127K
Pt IX · Ln 25
Net assets
$220K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$117K
Total assetsPt X · Ln 16$220K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $127K of program spending, described in the organization's own filed words · FY2025.
01

Provided independent online news site covering government, education, and land use for norwalks 95,000 residents

$127Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChapman Hyperlocal Media INC
EINHdr · item D46-5509772
Principal addressHdr · item CNorwalk, CT
WebsiteHdr · item Jnancyonnorwalk.com
Year of formationHdr · item L2014
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A30)
Ruling yearIRS BMFNov 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Editorinchief
$75,309Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
$0Pt VII · Sec A

Ahley Smith’s $75K as Editorinchief is at the 71st percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants$222K · 91%
Program service revenue$22K · 9%
Contributions & grants91%$222K
Program service revenue9%$22K
Total revenueLn 12$244K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$127K
Total functional expensesLn 25$127K

Balance Sheet

Part X · end of year
CashLn 1$217K
Total assetsLn 16$220K
Total liabilitiesLn 26$0
Total net assetsLn 32$220K
Months of cash on handcomputed20.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $217K · Operating expenses/yr $127K
20.5 months
Where the money goes
Program services
Program services $127K · Total expenses $127K
100%
Management & General
Management & general $0 · Total expenses $127K
0%
Fundraising
Fundraising $0 · Total expenses $127K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $222K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $222K · Total revenue $244K
91%
Government reliance
Government grants — · Total revenue $244K
Earned-income share
Program service revenue $22K · Total revenue $244K
9%
Investment reliance
Investment income $0 · Total revenue $244K
0%
Program self-sufficiency
Program service revenue $22K · Total expenses $127K
17%
Growth & trend
Revenue growth (YoY)
This year $244K · Prior year $133K
+83%
Revenue CAGR
FY2021 $67K · FY2025 $244K
+38%
Net-asset trend (YoY)
End of year $220K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $244K · Expenses $127K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $220K
Net-asset ratio
Net assets $220K · Total assets $220K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $220K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ahley Smith · Reported title EDITORINCHIEF · Highest reported compensation $75K · Total expenses $127K
59%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $79K · Total expenses $127K
62%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 83%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$45K
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$244K revenue · viewing · ⤓ 990 PDF
FY2024$133K revenue · ⤓ 990 PDF
FY2023$111K revenue · ⤓ 990 PDF
FY2022$96K revenue · ⤓ 990 PDF
FY2021$67K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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