Brink Literacy Project

Nonprofit profile at a glance

EIN
452793438
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2013
Location
Elbert, CO, USA
Phone
9706737687
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Printing, Publishing

Official website

Reported finances

Revenue
$1,325,202
Expenses
$927,213
Assets
$1,221,230
Liabilities
$334,712

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DANIELLE HEDLUND (CEO)

Highest reported compensation

  • DANIELLE HEDLUND (CEO): $111,974 total reported compensation
  • HELEN MAIMARIS (CHIEF OF STAFF): $64,408 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See Schedule O

What it reported doing in 2024

F(r)iction is the center piece of Brinks education curriculum, as well as the publishing vehicle through which Brink mentors emerging writers (including students in our Frames Program andF(r)iction in the Classroom), amplifies diverse and underrepresented voices, encourages experimentation and genre-melding, and delves into important social issues. We publish 3 print issues annually, spanning a vibrant mix of literary fiction, genre work, creative nonfiction, poetry, and short comics. Our themed issues offer students multi-faceted views on a singular topic, activating critical thinking skills and opening the minds of readers and students. When we welcome many perspectives and publish diverse stories from many backgrounds, we foster a sense of empowered belonging and build a culture of positive and independent critical thinking. Our celebrity writers include international literary greats, such as Charlie Jane Anders, Faylita Hicks, Kwame Dawes, Rebecca Roanhorse Silvia Moreno-Garcia, Stephen Graham Jones, Carmen Maria Machado, Joyce Carol Oates, and K-Ming Chang, to name just a few. A whopping 50% of the content of each issue comes from the slush. Through this editorial ethos, not only do we support writers to tell their stories and use F(r)iction to launch the careers of debut voices, but we also seek to increase accessibility into the industry. We provide authors of different experience levels and backgrounds with the mentorship of working with professional editors and the tools needed to further hone their craft. The process of publication with F(r)iction becomes an experience of learning, knowledge-sharing, and democratization. Additionally, Brink partners with a nonprofit organization to create the Community Feature in each F(r)iction issue. Previously F(r)iction has partnered with Afghan Womens Writing Project, Girls Write Now, Lambda Literary, and PEN Americas Prison Writing Program, to name just a few.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 51
  • Accountability: 72
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.7%; rating input score 64
  • Program expense ratio: 89.1%; rating input score 89
  • Fundraising efficiency: $29.18 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 30%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 1.32; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 19%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 59.4% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 28.5% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 35.2% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 63.7% of revenue deployed · 89.1% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $826K in reported program spending
  • Leadership: top reported pay $112K · 6 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and foreign activity
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.