FOUR WAY BOOKS INC

EIN: 201125607 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$521,123
Total Expenses
$448,900
Total Assets
$179,775
Net Assets
$176,034
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
Principal Officer
Jeffery Morehouse
Phone
2123345430
Tax Period
2025-01-01 to 2025-12-31

FOUR WAY BOOKS INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $521K in total revenue in fiscal year 2025. Expenses of $449K left a modest 14% surplus.

Mission

FOUR WAY BOOKS IS DEDICATED TO PRODUCING AND PROMOTING EXCELLENT LITERARY PUBLICATIONS AND TO CREATING OPPORTUNITIES FOR WRITERS OF MERIT. WE BELIEVE THAT THE WORK OF WRITERS BRINGS GOOD TO THE WORLD-UNDERSTANDING, EMPATHY, CURIOSITY, WISDOM-AND WE STRIVE TO CONNECT WRITERS AND READERS, TO MAKE EACH WRITER'S LIFE MORE MEANINGFUL BY BRINGING VALIDATION TO THE ARTIST AND IMPORTANT, PIONEERING, VIRTUOSIC WORK TO WIDE PUBLIC ATTENTION, AS WELL AS TO THE COMMUNITIES EACH BOOK MOST SEEKS AND SERVES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $375,834
Program Service Revenue $79,945
Investment Income $2,774
Other Revenue $62,570
TOTAL REVENUE $521,123

Expense Breakdown

Grants Paid $0
Salaries & Benefits $242,763
Fundraising Expenses $109,153
Program Expenses $293,401
Other Expenses $198,887
TOTAL EXPENSES $448,900

Year-over-Year Comparison

2025 2024 Change
Revenue $521,123 $503,507 +0.0%
Expenses $448,900 $465,875 0.0%
Net Income $72,223 $37,632 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
3
Volunteers
N/A

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
4
$15,791
Total Directors
11
$73,958
Key Employees
1
$73,958
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Martha Rhodes Publisher and Executive Editor 40
Director Key Emp
$61,137 $12,821 $73,958
Jeffery Morehouse Treasurer 5
Officer
$15,791 $0 $15,791
Calvin Wei Director 1
Director
$0 $0 $0
David Lee Director 1
Director
$0 $0 $0
Howard Levy President and Director 1
Officer Director
$0 $0 $0
Kimberly Nunes Director 1
Director
$0 $0 $0
KT Herr Director 1
Director
$0 $0 $0
Kwame Dawes Director 1
Director
$0 $0 $0
Lupe Mendez Director and Secretary 1
Officer Director
$0 $0 $0
Michael Anna de Armas Director 1
Director
$0 $0 $0
Owen Lewis Vice-President and Director 1
Officer Director
$0 $0 $0
Victor Basta Director 1
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
2025 $521,123 $448,900 $179,775 $72,223
2024 $503,507 $465,875 $107,345 $37,632
2023 $410,023 $516,962 $82,547 $-106,939
2022 $440,484 $504,588 $182,975 $-64,104
2021 $510,040 $406,041 $202,525 $103,999
2020 $442,805 $367,056 $136,182 $75,749
2019 $352,967 $374,461 $24,771 $-21,494
2018 $373,706 $373,497 $49,888 $209
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