New England Independent Booksellers Assn Inc

EIN: 042653369

Boston, MA

Total Revenue
$506,409
Total Expenses
$528,963
Total Assets
$837,594
Net Assets
$837,594
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
MA
Phone
6175473642
Tax Period
2023-07-01 to 2024-06-30

New England Independent Booksellers Assn Inc, founded in 1977, is a small nonprofit that reported $506K in total revenue in fiscal year 2023.

Mission

The Mission of the New England Independent Booksellers Association is to further the success of professional independent booksellers in New England and to foster a vital and supportive bookselling community.

Program Service Accomplishments

Program 1

Annual Conference and Trade Show - as one of the organizations substantial activities, this event gathers booksellers, authors, publishers, distributors, and industry vendors, members and non-members...

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Annual Conference and Trade Show - as one of the organizations substantial activities, this event gathers booksellers, authors, publishers, distributors, and industry vendors, members and non-members alike, to promote the trade and products. Furthermore, it educates people about new products, services, techniques, and developments in the trade. It is also the site of the associations annual meeting.

Program 2

Educational seminars - programs to help booksellers, members, and non-members, generate more interest and knowledge in the trade and the products/books they sell. Informal gatherings were convened by...

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Educational seminars - programs to help booksellers, members, and non-members, generate more interest and knowledge in the trade and the products/books they sell. Informal gatherings were convened by the association where members in various geographic areas in New England discuss business topics of general interest, share ideas and work on resolving common problems and issues.

Program 3

Annual catalogue - a promotional catalogue program to help foster interest in reading and the sale of books. Copies were circulated to bookstores and readers around New England.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $52,311
Program Service Revenue $421,054
Investment Income $33,044
Other Revenue $0
TOTAL REVENUE $506,409

Expense Breakdown

Grants Paid $0
Salaries & Benefits $225,625
Fundraising Expenses $0
Other Expenses $303,338
TOTAL EXPENSES $528,963

Year-over-Year Comparison

2023 2022 Change
Revenue $506,409 $483,305 +0.0%
Expenses $528,963 $521,027 +0.0%
Net Income $-22,554 $-37,722 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
2
Employees
4
Volunteers
20

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
3
$0
Total Directors
4
$0
Key Employees
1
$109,178
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Emily Russo Pres. 5.00
Officer
$0 $0 $0
David Sandberg V.P. 2.00
Officer
$0 $0 $0
Mehan Hayden Treas./Clerk 2.00
Officer
$0 $0 $0
Ryan Clark Dir. 2.00
Director
$0 $0 $0
Sam Kaas Dir. 2.00
Director
$0 $0 $0
Liz Whitelam Dir. 2.00
Director
$0 $0 $0
KAtie McGarry Dir. 2.00
Director
$0 $0 $0
Beth Ineson Exec. Director 40.00
Key Emp
$109,178 $0 $109,178
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
2025 No data No data No data No data
2024 $506,409 $528,963 $837,594 $-22,554
2023 $483,305 $521,027 $860,148 $-37,722
2022 $312,851 $283,935 $897,870 $28,916
2021 $312,226 $218,435 $868,954 $93,791
2020 $357,847 $395,699 $775,163 $-37,852
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