Coffin Factory Inc
Nonprofit profile at a glance
- EIN
- 800819017
- IRS 990-EZ coverage
- 2013–2015
- Forms available
- Form 990-EZ 2015
- Location
- Brooklyn, NY, USA
- Phone
- 3477992256
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Printing, Publishing
Reported finances
- Revenue
- $9,994
- Expenses
- $12,423
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- RANDY ROSENTHAL (President)
- LAURA ISAACMAN (Vice President)
People named in this filing
- RANDY ROSENTHAL (President)
- LAURA ISAACMAN (Vice President)
- SUE ROSENTHAL (Secretary)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Coffin Factory ("the Organization") serves the literary community as a nexus between readers, writers, and the book publishing industry. The Organization's mission is to provide great literature and art to people who love books, including those who do not usually read literary magazines. In particular, the Organization aspires to educate the broader public about the literary community and its crucial function in contemporary society.The Organization believes that quality literature and art are essential for the existence of a culturally sophisticated society. In order to perpetuate an intellectually engaged culture, The Organization publishes phenomenal fiction, essays, interviews, and art three times a year. The Organization also cares about the readers of tomorrow, especially those readers who cannot afford to purchase subscriptions or single issues. In response to this issue, the Organization created The Library Donation Project, where the Organization donates magazines to libra
What it reported doing in 2015
The Coffin Factory, Inc. published Tweeds Magazine of Literature & Art, such publication serves the literary community as a nexus between readers, writers, and the book publishing industry. In addition, the Organization through its Library Donation Project donated magazines to libraries, prisons, and schools across the country. Furthermore, the Organization held various events around New York City to help readers better understand the literary community
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 16
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.3%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -24.3%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -53.6% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -60.6% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -100% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $11K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2013 to 2015
- 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 — Sustainability: Operating margin scored 19/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.