THE NEW PRESS INC (EIN 133584516) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

DIANE WACHTELL

Phone

2126298802

Tax Period

2023-01-01 to 2023-12-31

THE NEW PRESS INC, founded in 1990, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.2M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $5.6M exceeded revenue, resulting in a 78% operating deficit.

Mission

PUBLISHING IN THE PUBLIC INTEREST BOOKS OF CULTURAL, HISTORICAL, (CONT'D ON SCHEDULE O)AND/OR EDUCATIONAL VALUE THAT ARE LIKELY TO BE DEEMED INSUFFICIENTLY PROFITABLE AND HENCE OVERLOOKED BY COMMERCIAL PUBLISHERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,967,905

Program Service Revenue $323,776

Investment Income $46,449

Other Revenue $821,851

TOTAL REVENUE $3,159,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,188,874

Fundraising Expenses $799,491

Program Expenses $3,999,332

Other Expenses $2,451,435

TOTAL EXPENSES $5,640,309

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,159,981	$4,787,117	-0.3%
Expenses	$5,640,309	$5,058,366	+0.1%
Net Income	$-2,480,328	$-271,249	+8.1%

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

$704,693

Total Directors

$491,687

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARA LAMARCHE	CHAIR	2.00	Officer Director	$0	$0	$0
THEODORE M SHAW	VICE CHAIR	1.00	Officer Director	$0	$0	$0
AMY GLICKMAN	TREASURER	1.00	Officer Director	$0	$0	$0
SARAH BURNES	SECRETARY	1.00	Officer Director	$0	$0	$0
DIANE WACHTELL	EXECUTIVE DIRECTOR	35.00	Officer Director	$218,380	$26,605	$244,985
ELLEN ADLER	PUBLISHER	35.00	Officer Director	$212,170	$34,532	$246,702
JONATHAN S ABADY	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA BAUMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ANTHONY BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
JEFF DEUTSCH	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE GOTTLIEB	DIRECTOR	1.00	Director	$0	$0	$0
BRAD HEBEL	DIRECTOR	1.00	Director	$0	$0	$0
VIVIEN LABATON	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN LEHMAN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT RABEN	DIRECTOR	1.00	Director	$0	$0	$0
FREDERICK AO SCHWARZ JR	DIRECTOR	1.00	Director	$0	$0	$0
NABIHA SYED	DIRECTOR	1.00	Director	$0	$0	$0
TINA C WEINER	DIRECTOR	1.00	Director	$0	$0	$0
LAURA WALKER	DIRECTOR	1.00	Director	$0	$0	$0
ROSA M DEL SAZ	CHIEF FINANCE & ADMIN OFFICER	35.00	Officer	$191,091	$21,915	$213,006
MARC FAVREAU	DIRECTOR OF EDITORIAL OPERATIONS	35.00	Highest	$147,317	$7,630	$154,947
BRIAN ULICKY	ASSOCIATE PUBLISHER	35.00	Highest	$120,955	$18,022	$138,977
FRAN FORTE	SENIOR DIRECTOR OF PRODUCTION	35.00	Highest	$102,872	$13,177	$116,049

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	$3,159,981	$5,640,309	$8,087,640	$-2,480,328
2023	$3,159,981	$5,640,309	$8,087,640	$-2,480,328
2022	$5,201,397	$5,045,167	$9,659,193	$156,230
2022	$4,787,117	$5,058,366	$11,028,719	$-271,249
2021	$7,017,448	$5,091,191	$10,475,881	$1,926,257
2021	$6,732,409	$5,048,599	$10,303,955	$1,683,810
2020	$7,440,910	$4,865,716	$9,099,450	$2,575,194
2019	$4,341,781	$4,720,769	$5,136,219	$-378,988
2018	$4,540,643	$4,553,826	$5,592,998	$-13,183

THE NEW PRESS INC