Poets & Writers Inc
Poets & Writers Inc. maintains stable finances with growing assets and no reported officer compensation.
EIN: 132682458 · New York, NY · NTEE: A76Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.1M |
| Total Expenses | $4.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $7.8M |
| Transparency Score | 92/100 |
Is Poets & Writers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Poets & Writers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Poets & Writers Inc
Poets & Writers Inc (EIN: 132682458) is a nonprofit organization based in New York, NY, classified under NTEE code A76Z. The organization reported total revenue of $7.1M and total assets of $10.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Poets & Writers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Poets & Writers Inc is a mid-size nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-52,896 |
| Total Assets | $10.9M |
| Total Liabilities | $3.1M |
| Net Assets | $7.8M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 28.6% |
| Months of Reserves | 28.9 months |
Financial Health Grade: B
In 2023, Poets & Writers Inc reported a deficit of $53K with expenses exceeding revenue, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 28.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Poets & Writers Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.9% | -3.7% | +22.1% |
| 2022 | +3.1% | +1.9% | -8.9% |
| 2021 | -11.8% | +0.3% | +4.9% |
| 2020 | +33.2% | +8.3% | +18.1% |
| 2019 | -2.2% | +2.9% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Poets & Writers Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Poets & Writers Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $53K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that no officers received reportable compensation from the organization, which is highly unusual for an organization with revenues consistently exceeding $4 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Poets & Writers Inc's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate conservative financial practices or specific funding structures.
- The consistent 0% officer compensation is highly unusual for an organization with multi-million dollar revenues and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Poets & Writers Inc:
- Consistent financial stability with revenues consistently above $4 million.
- Strong asset growth, increasing from $7.8 million in 2014 to $10.9 million in 2023.
- Remarkable 0% officer compensation reported across all filings, suggesting high efficiency or volunteer leadership.
- Low liabilities relative to assets, indicating a strong balance sheet.
- Consistent IRS 990 filing history over 13 periods, demonstrating transparency.
Frequently Asked Questions about Poets & Writers Inc
Is Poets & Writers Inc a legitimate charity?
Poets & Writers Inc (EIN: 132682458) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.1M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Poets & Writers Inc spend its money?
Poets & Writers Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Poets & Writers Inc tax-deductible?
Poets & Writers Inc is registered as a tax-exempt nonprofit (EIN: 132682458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Poets & Writers Inc CEO make?
Poets & Writers Inc's highest-compensated officer earns $4 annually. The organization reported $7.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Poets & Writers Inc's spending goes to programs?
Poets & Writers Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Poets & Writers Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Poets & Writers Inc is above average for NTEE category A76Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Poets & Writers Inc located?
Poets & Writers Inc is headquartered in New York, New York and files with the IRS under EIN 132682458. It is classified under NTEE code A76Z.
How many years of IRS 990 filings does Poets & Writers Inc have?
Poets & Writers Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.1M in total revenue.
Is Poets & Writers Inc. a good charity?
Based on the provided financial data, Poets & Writers Inc. appears to be a very good charity. It demonstrates strong financial stability with growing assets, consistent revenue, and notably, 0% officer compensation reported across all filings, suggesting a high dedication of resources to its mission.
How has Poets & Writers Inc.'s financial health changed over the last decade?
Over the last decade, Poets & Writers Inc. has shown consistent financial health. Revenues have generally remained stable, fluctuating between approximately $3.9 million and $5.4 million annually. Assets have steadily grown from $7,874,220 in 201406 to $10,929,944 in 202306, indicating prudent financial management and accumulation of reserves.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It suggests that the organization's leadership either serves on a purely volunteer basis, or their compensation is structured in a way that it is not reported as officer compensation on the 990, which would be unusual for an organization of this size. If truly volunteer-led, it indicates an exceptional commitment to directing funds towards programs rather than executive salaries.
Filing History
IRS 990 filing history for Poets & Writers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Poets & Writers Inc's revenue has declined by 1.8%, moving from $4.6M to $4.5M. Total assets increased by 49.6% over the same period, from $7.3M to $10.9M. Total functional expenses rose by 25.6%, from $3.6M to $4.5M. In its most recent filing year (2023), Poets & Writers Inc reported a deficit of $53K, with expenses exceeding revenue. The organization holds $3.1M in liabilities against $10.9M in assets (debt-to-asset ratio: 28.6%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $4.5M | $10.9M | $3.1M | — | — |
| 2022 | $4.9M | $4.7M | $9.0M | $1.4M | — | View 990 |
| 2021 | $4.8M | $4.6M | $9.8M | $1.1M | — | View 990 |
| 2020 | $5.4M | $4.6M | $9.4M | $1.6M | — | View 990 |
| 2019 | $4.1M | $4.3M | $7.9M | $1.1M | — | View 990 |
| 2018 | $4.2M | $4.1M | $7.6M | $956K | — | View 990 |
| 2017 | $4.2M | $4.1M | $7.6M | $841K | — | View 990 |
| 2016 | $3.9M | $4.0M | $7.5M | $811K | — | View 990 |
| 2015 | $4.2M | $4.0M | $7.8M | $938K | — | View 990 |
| 2014 | $4.5M | $4.0M | $7.9M | $954K | — | View 990 |
| 2013 | $3.9M | $3.9M | $7.2M | $1.0M | — | View 990 |
| 2012 | $3.6M | $3.9M | $7.1M | $1.2M | — | View 990 |
| 2011 | $4.6M | $3.6M | $7.3M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $4.5M, and assets of $10.9M (revenue -8.9% year-over-year).
- 2022: Revenue of $4.9M, expenses of $4.7M, and assets of $9.0M (revenue +3.1% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.6M, and assets of $9.8M (revenue -11.8% year-over-year).
- 2020: Revenue of $5.4M, expenses of $4.6M, and assets of $9.4M (revenue +33.2% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.3M, and assets of $7.9M (revenue -2.2% year-over-year).
- 2018: Revenue of $4.2M, expenses of $4.1M, and assets of $7.6M (revenue +-0.0% year-over-year).
- 2017: Revenue of $4.2M, expenses of $4.1M, and assets of $7.6M (revenue +6.1% year-over-year).
- 2016: Revenue of $3.9M, expenses of $4.0M, and assets of $7.5M (revenue -6.3% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.0M, and assets of $7.8M (revenue -6.2% year-over-year).
- 2014: Revenue of $4.5M, expenses of $4.0M, and assets of $7.9M (revenue +15.0% year-over-year).
- 2013: Revenue of $3.9M, expenses of $3.9M, and assets of $7.2M (revenue +7.4% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.9M, and assets of $7.1M (revenue -20.9% year-over-year).
- 2011: Revenue of $4.6M, expenses of $3.6M, and assets of $7.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Poets & Writers Inc:
Data Sources and Methodology
This transparency report for Poets & Writers Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.