MARA BROCK AKIL'S WRITERS' COLONY … - Form 990 Financial Data

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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

2021

Legal Domicile

Principal Officer

MARA BROCK AKIL

Phone

3109141600

Tax Period

2023-01-01 to 2023-12-31

MARA BROCK AKIL'S WRITERS' COLONY FOUNDATION, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $303K in total revenue in fiscal year 2023. The organization ran a surplus of $59K, a strong 19% operating margin.

Mission

TO CREATE A PIPELINE OF OPPORTUNITY FOR DIVERSE WRITERS WHOSE VOICES HAVE BEEN HISTORICALLY EXCLUDED FROM TV AND FILM BY PROVIDING THEM WITH A SAFE AND INSPIRING SPACE TO DO THEIR BEST WORK, COUPLED WITH ACCESS TO AUTHENTIC MENTORSHIP, NETWORKING, AND SUPPORT.

Program Service Accomplishments

Program 1

Expenses: $79,326

MARA BROCK AKIL'S WRITER'S COLONY FOUNDATION IS DEDICATED TO EMPOWERING DIVERSE WRITERS THROUGH A TRANSFORMATIVE THREE-MONTH RESIDENCY PROGRAM. PARTICIPANTS WILL SHARPEN THEIR CRAFT, GAIN INVALUABLE...

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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 (2023)

Revenue Breakdown

Contributions & Grants $303,029

Program Service Revenue $0

Investment Income $118

Other Revenue $0

TOTAL REVENUE $303,147

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $79,776

Fundraising Expenses $78,826

Program Expenses $79,326

Other Expenses $158,974

TOTAL EXPENSES $244,250

Year-over-Year Comparison

	2023	2022	Change
Revenue	$303,147	$292,699	+0.0%
Expenses	$244,250	$285,825	-0.1%
Net Income	$58,897	$6,874	+7.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARA BROCK AKIL	PRESIDENT	1.00	Officer Director	$0	$0	$0
SALIM AKIL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN RIGNEY	SECRETARY & TREASURER	1.00	Officer Director	$0	$0	$0
STEPHEN BARNES	DIRECTOR	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	No data	No data	No data	No data
2023	$303,147	$244,250	$66,771	$58,897
2022	$292,699	$285,825	$7,874	$6,874
2021	$1,000	No data	$1,000	No data

MARA BROCK AKIL'S WRITERS' COLONY FOUNDATION