Civic Intelligence

Torrey House Press

990 • Fiscal year 2018 • EIN 47-5055025

Jan 01, 2018 to Dec 31, 2018 • Filed on May 09, 2019

2806 E Melony DrSalt Lake City, UT 84124

(801) 810-9847

Siviq Scores

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

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

90th percentile

86%

Faster asset growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

92nd percentile

92%

Faster revenue growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$130,859

Up $60,477 (+86%) from 2017

Net Assets

Up

$123,491

Up $69,205 (+127%) from 2017

Liabilities

Down

$7,368

Down $8,728 (-54%) from 2017

Revenue

Up

$184,030

Up $88,133 (+92%) from 2017

Expenses

Up

$114,825

Up $53,537 (+87%) from 2017

Net Income

Up

$69,205

Up $34,596 (+100%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2016: $48,381Liabilities 2016: $28,704Net Assets 2016: $19,6772016Assets 2017: $70,382Liabilities 2017: $16,096Net Assets 2017: $54,2862017Assets 2018: $130,859Liabilities 2018: $7,368Net Assets 2018: $123,4912018Assets 2019: $165,701Liabilities 2019: $15,308Net Assets 2019: $150,3932019Assets 2020: $235,038Liabilities 2020: $3,385Net Assets 2020: $231,6532020Assets 2021: $297,491Liabilities 2021: $19,007Net Assets 2021: $278,4842021Assets 2022: $231,507Liabilities 2022: $49,954Net Assets 2022: $181,5532022Assets 2023: $222,407Liabilities 2023: $27,047Net Assets 2023: $195,3602023Assets 2024: $179,120Liabilities 2024: $57,483Net Assets 2024: $121,6372024

Highlighted filing

2018

Assets$130,859
Liabilities$7,368
Net Assets$123,491

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $128,975Expenses 2016: $116,832Net Income 2016: $12,1432016Revenue 2017: $95,897Expenses 2017: $61,288Net Income 2017: $34,6092017Revenue 2018: $184,030Expenses 2018: $114,825Net Income 2018: $69,2052018Revenue 2019: $207,086Expenses 2019: $165,775Net Income 2019: $41,3112019Revenue 2020: $274,845Expenses 2020: $193,585Net Income 2020: $81,2602020Revenue 2021: $349,962Expenses 2021: $250,474Net Income 2021: $99,4882021Revenue 2022: $192,567Expenses 2022: $289,498Net Income 2022: -$96,9312022Revenue 2023: $405,952Expenses 2023: $397,165Net Income 2023: $8,7872023Revenue 2024: $500,175Expenses 2024: $562,335Net Income 2024: -$62,1602024

Highlighted filing

2018

Revenue$184,030
Expenses$114,825
Net Income$69,205
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 9, 2019
Return Version
2018v3.1
Gross Receipts
$238,223
Mission and Program Overview

Mission

To identify exceptional writers, nurture their work, and engage the widest possible audience; to publish diverse voices with transformative stories that illuminate important facets of the american west and our ever-changing planet; to develop literary resources for the conservation movement, educating and entertaining readers, inspiring action.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$22,718$47,389▲ $24,671
Cash and Non-Interest-Bearing Accounts$26,325$42,580▲ $16,255
Inventories for Sale or Use$21,339$40,890▲ $19,551
Total Assets$70,382$130,859▲ $60,477
Liabilities
Accounts Payable and Accrued Expenses$16,096$7,368▼ $8,728
Total Liabilities$16,096$7,368▼ $8,728
Net Assets / Fund Balance
Unrestricted Net Assets$54,286$123,491▲ $69,205
Total Net Assets Fund Balance$54,286$123,491▲ $69,205
Total Liabilities and Net Assets / Fund Balance$70,382$130,859▲ $60,477
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kirtly Parker JonesBoard Chair
Kitty SwensonVice Chair
Anne HolmanBookseller
Rose ChilcoatConservation
Heidi DexterDevelopment
Nancy SearsDevelopment
Christine ArthurFinance
Mark BaileyFounder
Kirsten Johanna AllenPublisher
Revenue and Support

Revenue Composition

Contributions and Grants
$123,603
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$60,426
Change in Net Assets
$69,205
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$62,283
Salaries, Compensation, and Employee Benefits$52,542
Total Fundraising Expense$4,667
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$42,928$3,415$2,439$48,782
Advertising$11,140--$11,140
Conferences and Meetings$8,290--$8,290
Occupancy$6,467$515$368$7,350
All Other Expenses$5,267--$5,267
Payroll Taxes$3,309$263$188$3,760
Travel$3,696--$3,696
Office Expenses$3,410--$3,410
Other Expenses$-1$1,490$1,490$2,979
Fees for Services Accounting-$1,779-$1,779
Interest$11--$11
Total Functional Expenses$102,442$7,716$4,667$114,825
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Torrey House Press
EIN
47-5055025
Phone
8018109847
Address
2806 E MELONY DR, SALT LAKE CITY, UT 84124

Signing Officer

Name
Mark Bailey
Title
Founder
Phone
8018109847
Signed
2019-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Bailey
Voting Board Members
8
Independent Board Members
8
Employees
3

Preparer

Firm
Stewart Reeve CPA
Address
898 E 2100 S, LEHI, UT 84043-5137
Preparer
Stewart Reeve
Phone
8017879614
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To identify exceptional writers, nurture their work, and engage the widest possible audience; to publish diverse voices with transformative stories that illuminate important facets of the american west and our ever-changing planet; to develop literary resources for the conservation movement, educating and entertaining readers, inspiring action.

Form 990, Page 2, Part III, Line 4A

Torrey house press is an independent book publisher commited to the promotion of environmental conservation through literature. Torrey house believes that culture is changed through conversation and that lively, contemporary literature is the cutting edge of social change. By building and engaging community in a conversation of conservation we hope to promote, as wallace stegner hoped for, 'a society to match the scenery." we identify exceptional writers, nurture their work, and engage the widest possible audience. Unsolicited manuscripts. Seek out writers at conferences. Approach known names to address current environmental issues. We publish diverse voices with transformative stories that illuminate important facets of our ever-changing planet. For example re-publishing works by gary ferguson, to keep them in print. Ferguson uses the platform as a writer to speak at public conferences. Torrey house books are resources for the conservation movement, educating and entertaining readers, inspiring understanding and action. Torrey house books are distributed to the book trade through consortium book sales and distribution of minneapolis, mn.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO IDENTIFY EXCEPTIONAL WRITERS, NURTURE THEIR WORK, AND ENGAGE THE WIDEST POSSIBLE AUDIENCE; TO PUBLISH DIVERSE VOICES WITH TRANSFORMATIVE STORIES THAT ILLUMINATE IMPORTANT FACETS OF THE AMERICAN WEST AND OUR EVER-CHANGING PLANET; TO DEVELOP LITERARY RESOURCES FOR THE CONSERVATION MOVEMENT, EDUCATING AND ENTERTAINING READERS, INSPIRING ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TORREY HOUSE PRESS IS AN INDEPENDENT BOOK PUBLISHER COMMITED TO THE PROMOTION OF ENVIRONMENTAL CONSERVATION THROUGH LITERATURE. TORREY HOUSE BELIEVES THAT CULTURE IS CHANGED THROUGH CONVERSATION AND THAT LIVELY, CONTEMPORARY LITERATURE IS THE CUTTING EDGE OF SOCIAL CHANGE. BY BUILDING AND ENGAGING COMMUNITY IN A CONVERSATION OF CONSERVATION WE HOPE TO PROMOTE, AS WALLACE STEGNER HOPED FOR, 'A SOCIETY TO MATCH THE SCENERY." WE IDENTIFY EXCEPTIONAL WRITERS, NURTURE THEIR WORK, AND ENGAGE THE WIDEST POSSIBLE AUDIENCE. UNSOLICITED MANUSCRIPTS. SEEK OUT WRITERS AT CONFERENCES. APPROACH KNOWN NAMES TO ADDRESS CURRENT ENVIRONMENTAL ISSUES. WE PUBLISH DIVERSE VOICES WITH TRANSFORMATIVE STORIES THAT ILLUMINATE IMPORTANT FACETS OF OUR EVER-CHANGING PLANET. FOR EXAMPLE RE-PUBLISHING WORKS BY GARY FERGUSON, TO KEEP THEM IN PRINT. FERGUSON USES THE PLATFORM AS A WRITER TO SPEAK AT PUBLIC CONFERENCES. TORREY HOUSE BOOKS ARE RESOURCES FOR THE CONSERVATION MOVEMENT, EDUCATING AND ENTERTAINING READERS, INSPIRING UNDERSTANDING AND ACTION. TORREY HOUSE BOOKS ARE DISTRIBUTED TO THE BOOK TRADE THROUGH CONSORTIUM BOOK SALES AND DISTRIBUTION OF MINNEAPOLIS, MN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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