Sub Stance Incorporated

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Phone

3102072003

Tax Period

2025-01-01 to 2025-12-31

Sub Stance Incorporated, founded in 1973, is a micro nonprofit that reported $68K in total revenue in fiscal year 2025. Revenue decreased 13% compared to the prior year. Expenses of $197K exceeded revenue, resulting in a 189% operating deficit.

Mission

Publishing a Literary Magazine

Program Service Accomplishments

Program 1

Expenses: $184,323 Revenue: $48,156

Publication of Magazine Tri Annually

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $48,156

Program Service Revenue $0

Investment Income $20,028

Other Revenue $0

TOTAL REVENUE $68,184

Expense Breakdown

Grants Paid $184,323

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $184,323

Other Expenses $12,651

TOTAL EXPENSES $196,974

Year-over-Year Comparison

	2025	2024	Change
Revenue	$68,184	$77,970	-0.1%
Expenses	$196,974	$25,565	+6.7%
Net Income	$-128,790	$52,405	-3.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sydney Levy	Vice Pres	1.00	Officer	$0	$0	$0
Michel Pierssens	President	1.00	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	$68,184	$196,974	$544,205	$-128,790
2024	$77,970	$25,565	$672,995	$52,405
2023	$74,262	$42,594	$620,590	$31,668
2022	$60,479	$27,771	$587,654	$32,708
2021	$47,217	$13,194	$554,946	$34,023
2020	$48,392	$18,408	$520,923	$29,984