Civic Intelligence

Epiphany Magazine Inc

990EZ • Fiscal year 2016 • EIN 20-2957522

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

71 Bedford StreetNew York, NY 10014

(212) 633-7987

Siviq Scores

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

Liabilities / Assets

96th percentile

1.71x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

0.32x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

37th percentile

-1.7%

Higher net margin than 37% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

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

Asset Growth

98th percentile

533%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

73rd percentile

20%

Faster revenue growth than 73% of similar nonprofits.

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

Assets

Up

$15,929

Up $13,414 (+533%) from 2015

Net Assets

Down

-$11,233

Down $1,435 (-15%) from 2015

Liabilities

Up

$27,162

Up $14,849 (+121%) from 2015

Revenue

Up

$83,919

Up $14,003 (+20%) from 2015

Expenses

Up

$85,354

Up $7,160 (+9.2%) from 2015

Net Income

Up

-$1,435

Up $6,843 (+83%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2012: $43,468Liabilities 2012: $11,258Net Assets 2012: $32,2102012Assets 2013: $30,877Liabilities 2013: $11,690Net Assets 2013: $19,1872013Assets 2014: $10,351Liabilities 2014: $11,841Net Assets 2014: -$1,4902014Assets 2015: $2,515Liabilities 2015: $12,313Net Assets 2015: -$9,7982015Assets 2016: $15,929Liabilities 2016: $27,162Net Assets 2016: -$11,2332016Assets 2017: $9,955Liabilities 2017: $19,572Net Assets 2017: -$9,6172017Assets 2018: $33,405Liabilities 2018: $12,827Net Assets 2018: $20,5782018Assets 2019: $80,371Liabilities 2019: $10,499Net Assets 2019: $69,8722019Assets 2020: $125,380Liabilities 2020: $24,382Net Assets 2020: $100,9982020Assets 2021: $111,971Liabilities 2021: $34,2372021Assets 2022: $82,857Liabilities 2022: $33,556Net Assets 2022: $49,3012022Assets 2023: $52,297Liabilities 2023: $15,5402023Assets 2024: $79,952Liabilities 2024: $16,303Net Assets 2024: $63,6492024

Highlighted filing

2016

Assets$15,929
Liabilities$27,162
Net Assets-$11,233

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $67,329Expenses 2012: $42,283Net Income 2012: $25,0462012Revenue 2013: $27,219Expenses 2013: $40,222Net Income 2013: -$13,0032013Revenue 2014: $26,828Expenses 2014: $47,505Net Income 2014: -$20,6772014Revenue 2015: $69,916Expenses 2015: $78,194Net Income 2015: -$8,2782015Revenue 2016: $83,919Expenses 2016: $85,354Net Income 2016: -$1,4352016Revenue 2017: $99,887Expenses 2017: $98,273Net Income 2017: $1,6142017Revenue 2018: $120,169Expenses 2018: $89,993Net Income 2018: $30,1762018Revenue 2019: $138,259Expenses 2019: $88,965Net Income 2019: $49,2942019Revenue 2020: $135,652Expenses 2020: $104,473Net Income 2020: $31,1792020Revenue 2021: $102,177Expenses 2021: $125,441Net Income 2021: -$23,2642021Revenue 2022: $103,390Expenses 2022: $131,823Net Income 2022: -$28,4332022Revenue 2023: $156,778Expenses 2023: $161,773Net Income 2023: -$4,9952023Revenue 2024: $185,187Expenses 2024: $179,903Net Income 2024: $5,2842024

Highlighted filing

2016

Revenue$83,919
Expenses$85,354
Net Income-$1,435
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$83,919
Mission and Program Overview

Mission

Epiphany publishes fiction, nonfiction, and poetry of both established and emerging writers whose work might not find validation in commercial or academic markets. Epiphany is an independent literary journal that supports and honors the work and determination of creative writers by establishing various publishing outlets for their work including a bi- annual hard bound journal, chapbooks, and various electronic publishing initiatives.

Program Services

DescriptionGrantsExpenses
EPIPHANY IS COMMITTED TO PUBLISHING LITERARY WORK IN WHICH FORM IS AS VALUED AS CONTENT. WE LOOK FOR WRITING, WHEREVER IT MAY FALL ON THE SPECTRUM, FROM EXPERIMENTAL TO TRADITIONAL, THAT IS THOROUGHLY REALIZED NOT ONLY IN ITS VISION BUT ALSO IN ITS COMMITMENT TO ARTISTRY. THE JOURNAL HAD TREMENDOUS SUCCESS WITH A RECENT WAR ISSUE THAT HAS BEEN USED IN THREE DIFFERENT VETERANS WRITING WORKSHOPS AND BY A HIGH SCHOOL IN A CLASS ON WAR. WE HAVE ALSO INCREASED OUR AUDIENCE BY DOING CHAPBOOK CONTESTS WITH BEST SELLING WRITERS DARIN STRAUSS AND KIMIKO HAHN.-$62,516
OUR BIANNUAL JOURNAL REGARDS THE WORLD FROM ALL ASPECTS. WE SEEK OUTSTANDING LITERARY WORK, AND CONNECT IT WITH A FOCUSED READERSHIP. IN IT TEN YEARS OF OPERATION, EPIPHANY HAS ESTABLISHED A REPUTATION AS A MAGAZINE THAT SUPPORTS BOTH EMERGING AND ESTABLISHED WRITERS WHO MAY NOT HAVE FOUND VALIDATION ELSEWHERE.-$6,262
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLARD COOKExecutive Di-$0--
JEN LUETreasurer-$0--
ERIN HARRISSecretary-$0--
BRITTNEY CANTYBoard Member-$0--
ALEXANDRA DELLBoard Member-$0--
NANCY HIGHTOWERBoard Member-$0--
CHRISTOPHER SHADEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Epiphany Magazine Inc
EIN
20-2957522
Phone
2126337987
Address
71 BEDFORD STREET, NEW YORK, NY 10014

Signing Officer

Name
Willard Cook
Title
Executive Director
Phone
2126337987
Signed
2017-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Aaron L Reynolds
Address
1040 AVENUE OF THE AMERICAS SUITE 1, NEW YORK, NY 10018
Preparer
Aaron L Reynolds
Phone
2125751620
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

184 TOTAL 184

Form 990-ez, Part I, Line 16

Expenses advertising 1,553 supplies 1,845 software 108 bank fees/charges 531 payroll service fee 1,983 membership dues 410 web hosting/internet 1,034 travel 4,340 total 11,804

Form 990-ez, Part II, Line 24

0 1,515 TOTAL 0 1,515

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 12,313 16,263 unsecured notes and loans payable 0 10,899

Form 990-ez, Part III

Epiphany publishes fiction, nonfiction, and poetry of both established and emerging writers whose work might not find validation in commercial or academic markets. Epiphany is an independent literary journal that supports and honors the work and determination of creative writers by establishing various publishing outlets for their work including a bi- annual hard bound journal, chapbooks, and various electronic publishing initiatives.

Form 990-ez, Part III, Line 28

Epiphany is committed to publishing literary work in which form is as valued as content. We look for writing, wherever it may fall on the spectrum, from experimental to traditional, that is thoroughly realized not only in its vision but also in its commitment to artistry. The journal had tremendous success with a recent war issue that has been used in three different veterans writing workshops and by a high school in a class on war. We have also increased our audience by doing chapbook contests with best selling writers darin strauss and kimiko hahn.

Form 990-ez, Part III, Line 29

Our biannual journal regards the world from all aspects. We seek outstanding literary work, and connect it with a focused readership. In it ten years of operation, epiphany has established a reputation as a magazine that supports both emerging and established writers who may not have found validation elsewhere.

Raw XML Appendix177 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1OUR BIANNUAL JOURNAL REGARDS THE WORLD FROM ALL ASPECTS. WE SEEK OUTSTANDING LITERARY WORK, AND CONNECT IT WITH A FOCUSED READERSHIP. IN IT TEN YEARS OF OPERATION, EPIPHANY HAS ESTABLISHED A REPUTATION AS A MAGAZINE THAT SUPPORTS BOTH EMERGING AND ESTABLISHED WRITERS WHO MAY NOT HAVE FOUND VALIDATION ELSEWHERE.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1WILLARD COOK, THE FOUNDING EDITOR OF EPIPHANY, A LITERARY JOURNAL, HAS SERVED AS THE MAIN FINANCIAL SUPPORTER, EDITOR AND BUSINESS MANAGER SINCE ITS INCEPTION 11 YEARS AGO. EDITORIAL EXCELLENCE HAS BEEN THE MAGAZINE'S MAIN PRIORITY. IN ORDER TO ESTABLISH THE JOURNAL IN THE LITERARY WORLD. THIS INTENSE AND NECESSARY FOCUS HAS, UNFORTUNATELY, LED TO AN ADMITTED NEGLECT OF FUNDRAISING AND OUTREACH. CONSEQUENTLY, WILLARD COOK RESIGNED AS EDITOR IN 2013 WITH THE GOAL OF CONCENTRATING ON THE BUSINESS SIDE OF OPERATIONS AND FURTHER OUTREACH. WILLARD COOK AND THE BOARD ARE DEVELOPING A STRATEGIC PLAN TO RAISE THE LONG-TERM FUNDRAISING GOALS FROM 22 TO 33 PERCENT. WE CONTINUE TO REQUEST GRANTS FROM GOVERNMENT ARTS AGENCIES, WHICH WOULD HELP US ACHIEVE THE 33 PERCENT GOAL. WE ARE AN ESTABLISHED PUBLICATION WITH NATIONAL DISTRIBUTION AND A STRONG EDITORIAL REPUTATION WITH OVER 2500 SUBMISSIONS PER ISSUE. THE MAGAZINE HAS ACHIEVED TREMENDOUS EDITORIAL SUCCESS IN THE PAST FEW YEARS, INCLUDING SEVERAL IMPORTANT PRIZES RECOGNITION IN THE NEW YORK TIMES, INCLUSION IN BEST AMERICAN SHORT STORIES AND BEST AMERICAN NONREQUIRED READING, PUSHCART PRIZES, AND A PEN AWARD FOR TRANSLATION. THE MAGAZINE PUBLISHED THREE CHAPTERS OF A MEMOIR THAT LED TO ITS BOOK FORM PUBLICATION, WHICH IN TURN BECAME ONE OF FIVE FINALISTS FOR THE NATIONAL BOOK AWARD IN 2012. WE HAVE PUBLISHED OVER 200 WRITERS AND POETS, INCLUDING A NOBEL PRIZE WINNER, A NATIONAL BOOK AWARD FINALIST, PULITZER PRIZE WINNERS, MANY BESTSELLING WRITERS, WRITERS IN TRANSLATION, AS WELL AS EMERGING WRITERS WHO ARE TALENTED AND DESERVE GREATER RECOGNITION. THE ORGANIZATION HAS A WIDE BASE OF PUBLIC SUPPORT FROM READING EVENTS, SOCIAL FUNDRAISERS AND SUBSCRIPTIONS, EACH OF WHICH MUST BE CAREFULLY AND THOUGHTFULLY SOLICITED FOR MONEY. WE HAVE APPLIED FOR AND RECEIVED SEVERAL TRANSLATION GRANTS FOR INDIVIDUAL WORKS. WE UNDERSTAND, HOWEVER, THAT OUR OPERATIONS NEED TO ME MORE BALANCE TO INCLUDE GREATER OUTREACH TO OUR AUDIENCES. WE BELIEVE GREAT INTERACTION WITH OUR COMMUNITY OF WRITERS AND SUBSCRIBERS WILL LEAD TO SUCCESS OF OUR LONG-TERM FUNDRAISING GOALS, AND IN TURN ESTABLISH EPIPHANY AS AN IMPORTANT JOURNAL IN AMERICAN LETTERS. IN SHORT WE ARE A JOURNAL THAT HAS ESTABLISHED EDITORIAL EXCELLENCE, BUT NEEDS MORE TIME TO MEET THE 33% PERCENT GOAL.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0184 TOTAL 184
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 1,553 SUPPLIES 1,845 SOFTWARE 108 BANK FEES/CHARGES 531 PAYROLL SERVICE FEE 1,983 MEMBERSHIP DUES 410 WEB HOSTING/INTERNET 1,034 TRAVEL 4,340 TOTAL 11,804
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 12,313 16,263 UNSECURED NOTES AND LOANS PAYABLE 0 10,899
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EPIPHANY PUBLISHES FICTION, NONFICTION, AND POETRY OF BOTH ESTABLISHED AND EMERGING WRITERS WHOSE WORK MIGHT NOT FIND VALIDATION IN COMMERCIAL OR ACADEMIC MARKETS. EPIPHANY IS AN INDEPENDENT LITERARY JOURNAL THAT SUPPORTS AND HONORS THE WORK AND DETERMINATION OF CREATIVE WRITERS BY ESTABLISHING VARIOUS PUBLISHING OUTLETS FOR THEIR WORK INCLUDING A BI- ANNUAL HARD BOUND JOURNAL, CHAPBOOKS, AND VARIOUS ELECTRONIC PUBLISHING INITIATIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EPIPHANY IS COMMITTED TO PUBLISHING LITERARY WORK IN WHICH FORM IS AS VALUED AS CONTENT. WE LOOK FOR WRITING, WHEREVER IT MAY FALL ON THE SPECTRUM, FROM EXPERIMENTAL TO TRADITIONAL, THAT IS THOROUGHLY REALIZED NOT ONLY IN ITS VISION BUT ALSO IN ITS COMMITMENT TO ARTISTRY. THE JOURNAL HAD TREMENDOUS SUCCESS WITH A RECENT WAR ISSUE THAT HAS BEEN USED IN THREE DIFFERENT VETERANS WRITING WORKSHOPS AND BY A HIGH SCHOOL IN A CLASS ON WAR. WE HAVE ALSO INCREASED OUR AUDIENCE BY DOING CHAPBOOK CONTESTS WITH BEST SELLING WRITERS DARIN STRAUSS AND KIMIKO HAHN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OUR BIANNUAL JOURNAL REGARDS THE WORLD FROM ALL ASPECTS. WE SEEK OUTSTANDING LITERARY WORK, AND CONNECT IT WITH A FOCUSED READERSHIP. IN IT TEN YEARS OF OPERATION, EPIPHANY HAS ESTABLISHED A REPUTATION AS A MAGAZINE THAT SUPPORTS BOTH EMERGING AND ESTABLISHED WRITERS WHO MAY NOT HAVE FOUND VALIDATION ELSEWHERE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01040 AVENUE OF THE AMERICAS SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02125751620
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON L REYNOLDS
ReturnHeader/ReturnTs02017-11-15T13:45:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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