SOCIETY FOR THE STUDY OF MYTH AND … - 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

1974

Legal Domicile

Principal Officer

JEFF ZALESKI

Phone

2015198497

Tax Period

2022-07-01 to 2023-06-30

SOCIETY FOR THE STUDY OF MYTH AND TRADITION INC, founded in 1974, is a small nonprofit that reported $337K in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. Expenses of $319K left a modest 5% surplus.

Mission

TO PROVIDE INFORMATION ON RELIGIOUS TRADITION.

Program Service Accomplishments

Program 1

Expenses: $272,375 Revenue: $269,901

PUBLICATIONS OF THE SOCIETY'S EDUCATION MATERIALS FOR THE PURPOSE OF DISSEMINATION AND EXPLORATION OF INFORMATION RELATING TO THE MYTHS, SYMBOLS, RITUALS, AND ARTS OF THE WORLD'S RELIGIOUS AND...

PUBLICATIONS OF THE SOCIETY'S EDUCATION MATERIALS FOR THE PURPOSE OF DISSEMINATION AND EXPLORATION OF INFORMATION RELATING TO THE MYTHS, SYMBOLS, RITUALS, AND ARTS OF THE WORLD'S RELIGIOUS AND CULTURAL TRADITIONS. THE SOCIETY PUBLISHES QUARTERLY MAGAZINES AND ALSO OFFERS BOOKS, CDS, AND DVDS. THE PRODUCTS ARE OFFERED DIRECTLY TO THE PUBLIC BY MAIL, TELEPHONE, ITS ONLINE STORE, OR THROUGH VARIOUS WHOLESALE DISTRIBUTION CHANNELS AND BOOKSTORES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $56,094

Program Service Revenue $281,120

Investment Income $0

Other Revenue $0

TOTAL REVENUE $337,214

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,877

Fundraising Expenses $4,671

Program Expenses $272,375

Other Expenses $261,211

TOTAL EXPENSES $319,088

Year-over-Year Comparison

	2022	2021	Change
Revenue	$337,214	$361,582	-0.1%
Expenses	$319,088	$358,940	-0.1%
Net Income	$18,126	$2,642	+5.9%

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

$41,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACY COCHRAN	VP/CFO	5.00	Officer	$40,841	$0	$40,841
JEFF ZALESKI	PRESIDENT	40.00	Officer	$1,155	$0	$1,155
STEVEN SCHIFF	CHAIRMAN	1.00	Officer Director	$0	$0	$0
REV CYNTHIA BOURGEALUT	DIRECTOR	1.00	Director	$0	$0	$0
LILLIAN FIRESTONE DEC 102022	DIRECTOR	5.00	Director	$0	$0	$0
KENNETH KRUSHEL	DIRECTOR	1.00	Director	$0	$0	$0
ROGER LIPSEY	DIRECTOR	1.00	Director	$0	$0	$0
LEE VAN LAER	DIRECTOR	1.00	Director	$0	$0	$0
JAMES OPIE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD WHITTAKER	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$337,214	$319,088	$101,623	$18,126
2022	$361,582	$358,940	$99,423	$2,642
2021	$285,125	$295,977	$124,646	$-10,852
2020	$397,168	$355,196	$94,003	$41,972
2019	$390,048	$433,423	$45,695	$-43,375
2018	$390,533	$421,968	$89,363	$-31,435

SOCIETY FOR THE STUDY OF MYTH AND TRADITION INC