50 in 52 Journey
Nonprofit profile at a glance
- EIN
- 262923047
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Commerce City, CO, USA
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $6,183
- Expenses
- $5,797
- Assets
- $2,545
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Michael Jenet (Executive Director)
- Dafna Michaelson (President)
People named in this filing
- Michael Jenet (Executive Director)
- Dafna Michaelson (President)
- Don Jacobson (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the 50 IN 52 Journey is to expand access to literary education and publishing opportunities for underserved and underrepresented authors who would not otherwise have the resources access or support to be published. The organization promotes literacy advances education amplifies diverse voices and contributes to the cultural and literary enrichment of the public.
What it reported doing in 2025
Book publications from first time authors particularly women and people in marginalized communitites in print and digital form at no cost to the author. In 2025 eight books were initially published in hardcover six previously released titles were published in paperback and three in digital formats ePub & Kindle
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.8%; rating input score 94
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.2%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 85.7% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: -54.8% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -3.4% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: 93.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $6K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 55/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.