THE MARTHA'S VINEYARD INSTITUTE OF… - Form 990 Financial Data

🔒

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

2013

Legal Domicile

Principal Officer

ALEXANDER WEINSTEIN

Phone

9542422903

Tax Period

2024-01-01 to 2024-12-31

THE MARTHA'S VINEYARD INSTITUTE OF CREATIVE WRITING INC, founded in 2013, is a small nonprofit in the Education sector that reported $241K in total revenue in fiscal year 2024. Revenue surged 6669% from the prior year, signaling strong growth momentum. Expenses of $267K exceeded revenue, resulting in a 10% operating deficit.

Mission

FOSTERING CREATIVE WRITING

Program Service Accomplishments

Program 1

Expenses: $264,659

SUMMER WORKSHIP ON MARTHA'S VINEYARD FOR ASPIRING CREATIVE WRITERS AT WHICH THEY ARE MENTORED BY AND HAVE OPPORTUNITIES TO MEET WITH AND HAVE DISCUSSIONS WITH ESTABLISHED CREATIVE WRITERS AND...

SUMMER WORKSHIP ON MARTHA'S VINEYARD FOR ASPIRING CREATIVE WRITERS AT WHICH THEY ARE MENTORED BY AND HAVE OPPORTUNITIES TO MEET WITH AND HAVE DISCUSSIONS WITH ESTABLISHED CREATIVE WRITERS AND CREATIVE WRITING TEACHERS ASPIRING CREATIVE WRITERS ATTENDED THE PROGRAM(OR PORTIONS OF IT)THE SUMMER OF EVERY YEAR.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $19,500

Program Service Revenue $220,121

Investment Income $0

Other Revenue $1,700

TOTAL REVENUE $241,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,963

Fundraising Expenses $0

Program Expenses $264,659

Other Expenses $164,621

TOTAL EXPENSES $266,584

Year-over-Year Comparison

	2024	2023	Change
Revenue	$241,321	$3,565	+66.7%
Expenses	$266,584	$2,622	+100.7%
Net Income	$-25,263	$943	-27.8%

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

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
ALEXANDER WEINSTEIN	PRESIDENT	2.00	Officer Director	$0	$0	$0
STEPHEN WEINSTEIN	TREASURER	2.00	Officer Director	$0	$0	$0
EVA WEINSTEIN	SECRETARY	2.00	Officer Director	$0	$0	$0
JIM NEWMAN	CLERK	2.00	Officer 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
2024	$241,321	$266,584	$38,235	$-25,263

THE MARTHA'S VINEYARD INSTITUTE OF CREATIVE WRITING INC