NOVELLY (EIN 832216402) - 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

2018

Legal Domicile

Principal Officer

ANNA G CASALME

Phone

3234506721

Tax Period

2024-01-01 to 2024-12-31

NOVELLY, founded in 2018, is a micro nonprofit that reported $8K in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $66K exceeded revenue, resulting in a 781% operating deficit.

Mission

NOVELLY PUBLISHES TEENAGE WRITERS AND HOSTS THE YOUTH AUTHORS WEEK CAMPAIGN, SO THAT EVERY STUDENT CAN FEEL SEEN AND CREATIVELY INSPIRED BY WHAT THEY READ IN SCHOOL.

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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 $7,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,793

Fundraising Expenses $0

Program Expenses $5,436

Other Expenses $55,259

TOTAL EXPENSES $66,052

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,500	$72,399	-0.9%
Expenses	$66,052	$133,410	-0.5%
Net Income	$-58,552	$-61,011	0.0%

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

$10,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNA G CASALME	CEO	20.00	Officer	$10,000	$0	$10,000
KATIE GINSBURG	BOARD SECRET	1.00	Officer Director	$0	$0	$0
JELENA HASBROUCK	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA KATTER	BOARD TREASU	1.00	Officer Director	$0	$0	$0
BRIANNA LYNN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
KRYSTIE YEN	BOARD MEMBER	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
2024	$7,500	$66,052	No data	$-58,552
2023	$72,399	$133,410	$59,305	$-61,011
2022	$135,235	$163,304	$120,134	$-28,069
2021	$275,812	$170,242	$149,064	$105,570

NOVELLY