Slice Literary Inc

Nonprofit profile at a glance

EIN
562620872
IRS 990-EZ coverage
2013–2022
Forms available
Form 990-EZ 2022, Form 990-N 2012
Location
New York, NY, USA
Phone
8482286077
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Printing, Publishing

Official website

Reported finances

Revenue
$7,339
Expenses
$12,161
Assets
$2,059
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • Maria Gagliano (Business Director/Co-Publisher)
  • Celia Blue Johnson (Creative Director/Co-Publisher)
  • Matthew Lansburgh (Board Member)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Slice publishes emerging and established authors in a set venue and exposes literary works to the public

What it reported doing in 2022

Slice Magazine: Literary magazine that publishes twice annually. The magazine offers emerging writers the chance to have their work read by a large audience by publishing their work alongside bestselling authors. Each issue is circulated to approx. 3,000 readers.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 18
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • 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: -65.7%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 32.9%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -0.8% per year; rating input score 0; 50th percentile among comparable filings
  • Revenue growth: -8.8% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -13% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $16K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2013 to 2022
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.