EDITORIAL FREELANCERS ASSOCIATION … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

CODY SISCOKATY GRENFELL

Phone

2129204816

Tax Period

2024-09-01 to 2025-08-31

EDITORIAL FREELANCERS ASSOCIATION INC, founded in 1970, is a small nonprofit that reported $788K in total revenue in fiscal year 2024. Expenses of $955K exceeded revenue, resulting in a 21% operating deficit.

Mission

SUPPORT OF EDITORIAL FREELANCERS CAREERS THROUGH NETWORKING OPPORTUNITIES, CLIENT OUTREACH, AND EDUCATION IN EDITORIAL TECHNIQUES.

Program Service Accomplishments

Program 1

SEMINARS IN TECHNIQUE AND SOFTWARE USEAGE, INCLUDING INDUSTRY AND FIELD OF SPECIALTY EDITORIAL METHODS

Program 2

PUBLISH TECHNICAL JOURNALS, MAINTAIN RESUME DATA BASE IN ORDER TO PROMOTE MEMBERS EDITORIAL WRITING ACHIEVEMENTS

Program 3

MAINTAIN JOB LISTINGS TO MATCH TECHNICAL SKILL REQUESTS WITH LISTED MEMBERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $431,651

Program Service Revenue $323,925

Investment Income $32,871

Other Revenue $0

TOTAL REVENUE $788,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $476,547

Fundraising Expenses $0

Other Expenses $329,702

TOTAL EXPENSES $954,818

Year-over-Year Comparison

	2024	2023	Change
Revenue	$788,447	$776,557	+0.0%
Expenses	$954,818	$986,980	0.0%
Net Income	$-166,371	$-210,423	-0.2%

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

Financial Distress Indicator

Liquidity & Cash Position

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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
RONANE LLOYD	SECRETARY	2.00	Officer	$0	$0	$0
DAVE PASQUANTONIO	TREASURER	2.00	Officer	$0	$0	$0
CODY SISCO	CO-EXECUTIVE	2.00	Officer	$0	$0	$0
KATY GRENFELL	CO-EXECUTIVE	2.00	Officer	$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
2025	$788,447	$954,818	$650,837	$-166,371
2024	$776,557	$986,980	$820,621	$-210,423
2023	$771,615	$745,849	$1,055,002	$25,766
2022	$682,237	$692,854	$1,055,911	$-10,617
2021	$670,853	$699,029	$1,087,230	$-28,176
2020	$642,206	$660,674	$1,106,008	$-18,468

EDITORIAL FREELANCERS ASSOCIATION INC