River Gallery School Inc (EIN 030282269) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Phone

8022571577

Tax Period

2024-01-01 to 2024-12-31

River Gallery School Inc, founded in 1976, is a small nonprofit in the Arts, Culture & Humanities sector that reported $361K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $429K exceeded revenue, resulting in a 19% operating deficit.

Mission

Art education

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $175,932

Program Service Revenue $163,459

Investment Income $17,353

Other Revenue $3,935

TOTAL REVENUE $360,679

Expense Breakdown

Grants Paid $25,703

Salaries & Benefits $276,168

Fundraising Expenses $10,726

Program Expenses $199,393

Other Expenses $127,085

TOTAL EXPENSES $428,956

Year-over-Year Comparison

	2024	2023	Change
Revenue	$360,679	$560,681	-0.4%
Expenses	$428,956	$373,225	+0.1%
Net Income	$-68,277	$187,456	-1.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Desha Peacock	Trustee	2.00	Director	$0	$0	$0
Olivia Sweetnam	Trustee	2.00	Director	$0	$0	$0
Jordan Schwarz	Trustee	1.00	Director	$0	$0	$0
Nkisha Taylor Diallo	Trustee	1.00	Director	$0	$0	$0
Craig Cullinane	Vice President	2.00	Officer	$0	$0	$0
Kate Harris	Treasurer	2.00	Officer	$0	$0	$0
Robert Davis	President	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$360,679	$428,956	$539,026	$-68,277
2023	$560,681	$373,225	$574,313	$187,456
2022	$357,602	$366,607	$352,045	$-9,005
2021	$307,802	$310,191	$394,778	$-2,389
2020	$519,073	$247,246	$380,779	$271,827
2019	$434,562	$427,428	$123,937	$7,134
2018	$397,229	$398,521	$103,967	$-1,292

River Gallery School Inc