FRIENDS OF WRITERS INC C/O ELLEN LOVELL (EIN 030330253) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

ABIGAIL WENDER

Phone

8022231447

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF WRITERS INC C/O ELLEN LOVELL, founded in 1993, is a small nonprofit that reported $437K in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 41% operating margin.

Mission

FRIENDS OF WRITERS (FOW) MISSION IS TO FOSTER VITAL LITERARY VOICES AND INITIATIVES. OUR VISION IS A WORLD IN WHICH LITERARY COMMUNITY IS VIBRANT, INCLUSIVE, AND WELL-SUPPORTED. WE DO THIS BY SOLICITING, MANAGING, AND DISBURSING FUNDS TO SUPPORT WRITERS AS THEY SEEK AND FULFILL THEIR POTENTIAL THROUGH GRADUATE STUDY AND BEYOND. FOW VALUES RIGOROUS WRITING PROGRAMS AND PROJECTS THAT ENCOURAGE THE DEVELOPMENT OF THE INDIVIDUAL'S FINEST WORK, AND ALSO VALUES THE DIVERSITY - IN AESTHETIC, ETHNICITY, GENDER, AGE, OCCUPATIONAL, GEOGRAPHIC, AND ECONOMIC BACKGROUND - THAT WILL ENSURE AMERICAN WRITING REFLECTS THE ENTIRE NATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $424,809

Program Service Revenue $38,911

Investment Income $-27,006

Other Revenue $490

TOTAL REVENUE $437,204

Expense Breakdown

Grants Paid $130,700

Salaries & Benefits $18,064

Fundraising Expenses $0

Program Expenses $176,124

Other Expenses $110,837

TOTAL EXPENSES $259,601

Year-over-Year Comparison

	2023	2022	Change
Revenue	$437,204	$228,090	+0.9%
Expenses	$259,601	$167,319	+0.6%
Net Income	$177,603	$60,771	+1.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELLEN BRYANT VOIGT	DIRECTOR	0.50	Director	$0	$0	$0
MARTHA RHODES	VICE PRESIDENT	2.25	Officer Director	$0	$0	$0
ELEANOR WILNER	VICE PRESIDENT	2.25	Officer Director	$0	$0	$0
CAROLINE M MAR	DIRECTOR	0.75	Director	$0	$0	$0
NATALIE BASZILE	DIRECTOR	0.75	Director	$0	$0	$0
ELIZABETH T GRAY JR	SECRETARY	2.25	Officer Director	$0	$0	$0
DAVID HAYNES	DIRECTOR	0.75	Director	$0	$0	$0
ABIGAIL WENDER	PRESIDENT	4.25	Officer Director	$0	$0	$0
PETER SCHIRESON	DIRECTOR	0.75	Director	$0	$0	$0
ELLEN MCCULLOCH-LOVELL	TREASURER	4.25	Officer Director	$0	$0	$0
SARAH AUDSLEY	DIRECTOR	0.75	Director	$0	$0	$0
ASHLEY M NISSLER	DIRECTOR	0.75	Director	$0	$0	$0
CHRISTINE KITANO	DIRECTOR	0.75	Director	$0	$0	$0
RITA BANERJEE	DIRECTOR	0.75	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$437,204	$259,601	$3,123,757	$177,603
2022	$228,090	$167,319	$2,946,154	$60,771
2021	$498,969	$152,685	$2,885,383	$346,284
2020	$262,238	$155,111	$2,539,099	$107,127
2019	$235,879	$167,384	$2,431,972	$68,495
2018	$289,213	$200,710	$2,363,477	$88,503

FRIENDS OF WRITERS INC C/O ELLEN LOVELL