NOVELISTS INC (EIN 481134356) - Form 990 Financial Analysis & Trantor Score

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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

1992

Legal Domicile

Principal Officer

MINDY NEFF

Phone

5172940765

Tax Period

2024-01-01 to 2024-12-31

NOVELISTS INC, founded in 1992, is a small nonprofit that reported $364K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $402K exceeded revenue, resulting in a 10% operating deficit.

Mission

PROVIDE A COMMUNICATIONS NETWORK AMONG AUTHORS & FURTHER PROFESSIONAL INTERESTS OF MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $41,920

Program Service Revenue $269,343

Investment Income $30,494

Other Revenue $22,333

TOTAL REVENUE $364,090

Expense Breakdown

Grants Paid $3,007

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $399,010

TOTAL EXPENSES $402,017

Year-over-Year Comparison

	2024	2023	Change
Revenue	$364,090	$384,727	-0.1%
Expenses	$402,017	$567,040	-0.3%
Net Income	$-37,927	$-182,313	-0.8%

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
DAVID BERENS	PRESIDENT	5.00	Officer Director	$0	$0	$0
KEVIN MCLAUGHLIN	PRESIDENT-ELECT	3.00	Director	$0	$0	$0
SYLVIA MCDANIEL	SECRETARY	3.00	Officer Director	$0	$0	$0
MINDY NEFF	TREASURER	5.00	Officer Director	$0	$0	$0
CHERE COEN	NEWSLETTER EDITOR	5.00	Director	$0	$0	$0
WAYNE STINNETT	ADVISORY COUNCIL REPRESENT	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
2025	No data	No data	No data	No data
2024	$364,090	$402,017	$644,625	$-37,927
2023	$384,727	$567,040	$682,552	$-182,313
2022	$336,800	$222,411	$864,865	$114,389
2021	$279,927	$236,560	$750,476	$43,367
2020	$156,776	$123,783	$707,110	$32,993
2019	$317,928	$240,763	$674,117	$77,165
2018	$281,510	$205,713	$596,952	$75,797

NOVELISTS INC