Solstice an Institute for Creative Writing Inc

990EZ • Fiscal year 2016 • EIN 20-2152284

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 01, 2017

Organization Profile WWW.SOLSTICELITMAG.ORG

38 Oakland AvenueNeedham, MA 02492

(781) 449-5274

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.23x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

2.3%

Higher net margin than 48% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

3.9%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

-26%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets83rd percentile

Assets

$6,408

Up $241 (+3.9%) from 2015

Net Assets

$4,908

Up $241 (+5.2%) from 2015

Liabilities

Flat

$1,500

Flat from 2015

Revenue And Expenses

Liabilities / Revenue84th percentile Net Margin48th percentile

Revenue

Down

$10,455

Down $3,734 (-26%) from 2015

Expenses

Down

$10,214

Down $3,983 (-28%) from 2015

Net Income

$241

Up $249 (+3113%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2016

Assets$6,408

Liabilities$1,500

Net Assets$4,908

Open 2016 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2016

Revenue$10,455

Expenses$10,214

Net Income$241

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: Nov 1, 2017
Return Version: 2016v3.0
Gross Receipts: $10,455

Mission and Program Overview

Mission

To promote diversity in literature

Program Services

Description	Grants	Expenses
HELD LITERARY CONTEST WITH SUBMISSIONS FROM WRITES, WITH CASH AWARDS GIVEN TO THE THREE WINNERS IN FICTION, NON FICTION, AND POETRY, INCLUDING PUBLICATION IN OUR MAGAZINE.	$0	$2,000
PUBLISHED 3 ISSUES OF ONLINE LITERARY MAGAZINE, INCLUDING FICTION, NON FICTION, POETRY, AND PHOTOGRAPHY. SUBMISSIONS FROM ACROSS THE US AND FROM A FEW FOREIGN COUNTRIES.	$0	$1,940
ATTEND ANNUAL ASSOCIATED WRITING PROGRAMS CONFERENCE AND HOST BOOK TABLE	$0	$128

Compensation and Service Providers

Top Officer Pay75th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
LEE HOPE BETCHER	President	PT	$0	-	-
PETER KATZ	Treasurer	-	$0	-	-
WILLIAM BETCHER	Secretary	-	$0	-	-
ANDRAI WHITTED	Web Developer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Solstice an Institute for
EIN: 20-2152284
Phone: 7814495274
Address: 38 OAKLAND AVENUE, NEEDHAM, MA 02492

Signing Officer

Name: Lee Hope Betcher
Title: President
Phone: 7814495274
Signed: 2017-11-01
Discuss with paid preparer: Yes

Preparer

Firm: Abrams Little-gill Loberfeld Pc
Address: 1330 BOYLSTON STREET, CHESTNUT HILL, MA 02467
Preparer: Donald a Cohen
Phone: 6177385200

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: insurance. Amount: 1,333. Description: website. Amount: 1,940. Description: prize awards. Amount: 2,000. Description: conference expenses. Amount: 128. Description: bank transaction fees. Amount: 93. Description: managing editor. Amount: 847. Description: postage and delivery. Amount: 46. Description: social media. Amount: 55. Description: fundraising event. Amount: 1,000. Total to form 990-ez, line 16: 7,442.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: loan from lee. Beg. Of year amount: 1,500. End of year amount: 1,500.”

Raw XML Appendix163 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	4908
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	PETER KATZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	WILLIAM BETCHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	ANDRAI WHITTED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	WEB DEVELOPER
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	7442
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROMOTE DIVERSITY IN LITERATURE
IRS990EZ/PrintingPublicationsPostageAmt	0	1677
IRS990EZ/ProgramServiceRevenueAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PUBLISHED 3 ISSUES OF ONLINE LITERARY MAGAZINE, INCLUDING FICTION, NON FICTION, POETRY, AND PHOTOGRAPHY. SUBMISSIONS FROM ACROSS THE US AND FROM A FEW FOREIGN COUNTRIES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	2	ATTEND ANNUAL ASSOCIATED WRITING PROGRAMS CONFERENCE AND HOST BOOK TABLE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	1	0
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	1940
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	2000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	2	128
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	1500
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	1500
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	10214
IRS990EZ/TotalProgramServiceExpensesAmt	0	4068
IRS990EZ/TotalRevenueAmt	0	10455
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.SOLSTICELITMAG.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	10455
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	9927
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	8610
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	5694
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	34686
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	34686
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	34686
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: INSURANCE. AMOUNT: 1,333. DESCRIPTION: WEBSITE. AMOUNT: 1,940. DESCRIPTION: PRIZE AWARDS. AMOUNT: 2,000. DESCRIPTION: CONFERENCE EXPENSES. AMOUNT: 128. DESCRIPTION: BANK TRANSACTION FEES. AMOUNT: 93. DESCRIPTION: MANAGING EDITOR. AMOUNT: 847. DESCRIPTION: POSTAGE AND DELIVERY. AMOUNT: 46. DESCRIPTION: SOCIAL MEDIA. AMOUNT: 55. DESCRIPTION: FUNDRAISING EVENT. AMOUNT: 1,000. TOTAL TO FORM 990-EZ, LINE 16: 7,442.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: LOAN FROM LEE. BEG. OF YEAR AMOUNT: 1,500. END OF YEAR AMOUNT: 1,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SOLSTICE AN INSTITUTE FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	CREATIVE WRITING INC
ReturnHeader/Filer/BusinessNameControlTxt	0	SOLS
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ReturnHeader/Filer/PhoneNum	0	7814495274
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	38 OAKLAND AVENUE
ReturnHeader/Filer/USAddress/CityNm	0	NEEDHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	02492
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
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ReturnHeader/FilingSecurityInformation/IPDt	0	2017-11-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ED
ReturnHeader/FilingSecurityInformation/IPTm	0	09:31:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	042774062
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	ABRAMS LITTLE-GILL LOBERFELD PC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	CHESTNUT HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	02467
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6177385200
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2017-09-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DONALD A COHEN
ReturnHeader/ReturnTs	0	2017-11-15T13:13:00-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2016-01-01
ReturnHeader/TaxPeriodEndDt	0	2016-12-31
ReturnHeader/TaxYr	0	2016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $6,408
Liabilities: $1,500
Net assets: $4,908
Revenue: $10,455
Expenses: $10,214
Net income: $241

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$27.0	$0.00	$27.0	$40.7	$26.7	$13.9
2023Summary only. Only limited summary data is available for this year.	$10.3	$0.00		$29.4	$31.2	$1.81
2022Detailed filing. Detailed filing data is available for this year.	$12.1		$12.1	$27.5	$30.1	$2.60
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$14.7		$14.7	$15.7	$13.2	$2.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$12.2		$12.2	$14.8	$13.3	$1.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$10.8		$10.8	$12.0	$13.2	$1.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$12.0		$12.0	$18.7	$13.4	$5.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$8.16	$1.50	$6.66	$13.8	$12.1	$1.75
2016Detailed filing. Detailed filing data is available for this year.	$6.41	$1.50	$4.91	$10.5	$10.2	$0.24
2015Detailed filing. Detailed filing data is available for this year.	$6.17	$1.50	$4.67	$14.2	$14.2	$0.01
2014Detailed filing. Detailed filing data is available for this year.	$4.68	$0.00	$4.68	$10.9	$8.95	$1.95