The Writers Center

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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

1976

Legal Domicile

Phone

3016548664

Tax Period

2024-07-01 to 2025-06-30

The Writers Center, founded in 1976, is a small nonprofit that reported $927K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 14% operating deficit.

Program Service Accomplishments

Program 1

Expenses: $604,456 Revenue: $439,868

The Writers Centers creative writing workshops are for both emerging and established writers. Offering classes in writing fiction, nonfiction, and poetry, the workshops focus on a broad range of...

The Writers Centers creative writing workshops are for both emerging and established writers. Offering classes in writing fiction, nonfiction, and poetry, the workshops focus on a broad range of subgenres within each category, as well as workshops on publishing both short and long form work. We offer both in-person and online workshops.

Program 2

Expenses: $138,241 Revenue: $8,475

In addition to The Writers Centers creative writing workshops, we offer 100 literary events that are free and open to the public, including readings, panels, and open mics. We publish three issues of an in-house magazine, featuring interviews with local authors alongside our seasonal class schedules.

Program 3

Expenses: $94,686

Annually, The Writers Center publishes two issues of Poet Lore, the nations oldest poetry journal. With an updated look, Poet Lore now features a paid Guest Editor program, prominent contemporary...

Annually, The Writers Center publishes two issues of Poet Lore, the nations oldest poetry journal. With an updated look, Poet Lore now features a paid Guest Editor program, prominent contemporary poets who curate sections of each issue, and offers payment for accepted poems.

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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 $357,177

Program Service Revenue $439,868

Investment Income $46,242

Other Revenue $83,864

TOTAL REVENUE $927,151

Expense Breakdown

Grants Paid $8,475

Salaries & Benefits $482,349

Fundraising Expenses $97,731

Program Expenses $837,383

Other Expenses $564,822

TOTAL EXPENSES $1,055,646

Year-over-Year Comparison

	2024	2023	Change
Revenue	$927,151	$1,048,008	-0.1%
Expenses	$1,055,646	$1,116,785	-0.1%
Net Income	$-128,495	$-68,777	+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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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

$187,033

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Margaret Meleney	Executive Director Former	40.00	Officer	$99,583	$16,674	$116,257
Zach Powers	Executive Director	40.00	Officer	$61,291	$9,485	$70,776
Karen Outen	Director	2.00	Director	$0	$0	$0
Mier Wolf	Director	2.00	Director	$0	$0	$0
Shelby Settles Harper	Director	2.00	Director	$0	$0	$0
Steve Majors	Director	2.00	Director	$0	$0	$0
Ken Ackerman	Director	2.00	Director	$0	$0	$0
Mark Cymrot	Director	2.00	Director	$0	$0	$0
Ariel Felton	Director	2.00	Director	$0	$0	$0
Varun Gauri	Director	2.00	Director	$0	$0	$0
Jim McAndrew	Director	2.00	Director	$0	$0	$0
David Stewart	Director	2.00	Director	$0	$0	$0
Angie Kim	Director	2.00	Director	$0	$0	$0
Rachel Coonce	Director	2.00	Director	$0	$0	$0
William DeVinney	Treasurer	5.00	Officer Director	$0	$0	$0
Eugene Kim	Chair	5.00	Officer Director	$0	$0	$0
Meera Trehan	Secretary	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
2025	$927,151	$1,055,646	$2,805,618	$-128,495
2024	$1,048,008	$1,116,785	$2,768,607	$-68,777
2023	$1,292,371	$988,610	$2,948,920	$303,761
2022	$1,049,223	$871,418	$2,500,661	$177,805
2021	$1,003,123	$899,052	$2,505,930	$104,071
2020	$990,262	$864,530	$2,229,440	$125,732
2019	$1,112,787	$838,148	$2,158,167	$274,639