AMERICAN SOCIETY OF JOURNALISTS AN… - 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

1968

Legal Domicile

Principal Officer

LAURA LAING

Phone

2129970947

Tax Period

2020-07-01 to 2021-06-30

Mission

TO PROVIDE EDUCATIONAL PROGRAMS AND CAREER RESOURCES FOR INDEPENDENT NONFICTION AND FREELANCE WRITERS. THE SOCIETY IS AFFILIATED WITH THE AMERICAN SOCIETY OF JOURNALISTS & AUTHORS, INC. (ASJA), WHICH IS A PROFESSIONAL ASSOCIATION OF INDEPENDENT NONFICTION WRITERS.

Program Service Accomplishments

Program 1

ANNUAL AND REGIONAL CONFERENCES ARE HELD TO PROVIDE EDUCATIONAL PROGRAMS.

Program 2

THE SOCIETY HAS ESTABLISHED A WRITERS EMERGENCY ASSISTANCE FUND (WEAF) THAT HELPS ESTABLISHED FREELANCE WRITERS WHO, BECAUSE OF ILLNESS, DISABILITY, A NATURAL DISASTER, OR AN EXTRAORDINARY...

THE SOCIETY HAS ESTABLISHED A WRITERS EMERGENCY ASSISTANCE FUND (WEAF) THAT HELPS ESTABLISHED FREELANCE WRITERS WHO, BECAUSE OF ILLNESS, DISABILITY, A NATURAL DISASTER, OR AN EXTRAORDINARY PROFESSIONAL CRISIS ARE UNABLE TO WORK. THE WEAF FUND AWARDS GRANTS TO THESE ELIGIBLE INDIVIDUALS.

Program 3

THE EISENBERG, ROBINSON AND ROTH RESERVE FUNDS ARE SET ASIDE TO PROVIDE AWARDS TO CERTAIN QUALIFIED INDIVIDUALS BASED ON ACHIEVEMENT.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$69,832	-1.0%
Expenses	N/A	$85,693	-1.0%
Net Income	N/A	$-15,861	N/A

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

N/A

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
LAURA LAING	PRESIDENT	5.00	Officer Director	$0	$0	$0
MILT TOBY	TREASURER	5.00	Officer Director	$0	$0	$0
CAROLYN CRIST	SECRETARY	5.00	Officer Director	$0	$0	$0
EMILY PAULSEN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MILT TOBY	IMMEDIATE PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
SALLY ABRAHMS	DIRECTOR	2.00	Director	$0	$0	$0
SHERRY PAPROCKI	PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
BEVERLY GRAY	DIRECTOR	2.00	Director	$0	$0	$0
ARIELLE EMMETT	DIRECTOR	2.00	Director	$0	$0	$0
LISA ROEPE	DIRECTOR	2.00	Director	$0	$0	$0
WENDY HELFENBAUM	DIRECTOR	2.00	Director	$0	$0	$0
LOTTIE JOINER	DIRECTOR	2.00	Director	$0	$0	$0
PARUL KAPUR	DIRECTOR	2.00	Director	$0	$0	$0
STACEY FREED	DIRECTOR	2.00	Director	$0	$0	$0
KRISTINE HANSEN	DIRECTOR	2.00	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
2021	No data	No data	No data	No data
2020	$69,832	$85,693	$399,269	$-15,861
2019	$214,981	$207,913	$337,462	$7,068
2018	$286,425	$291,560	$328,533	$-5,135

AMERICAN SOCIETY OF JOURNALISTS AND AUTHORS CHARITABLE TRUST