EDUSTAR PERFORMING ARTS SOCIETY INC (EIN 030554350) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

ROSCOE REDCROSS

Phone

7572448466

Tax Period

2022-01-01 to 2022-12-31

EDUSTAR PERFORMING ARTS SOCIETY INC, founded in 2006, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $21K in total revenue in fiscal year 2018. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $4K, a strong 21% operating margin.

Mission

TO PROVIDE PERFORMANCE OPPORTUNITIES FOR OUR CULTURALLY DIVERSE COMMUNITY, TO TEACH THE DISCIPLINE THAT THE ARTS DEMAND AND TO PROVIDE COLLABORATIONS WITH PROFESSIONAL ARTISTS IN ORDER TO EXPAND THE COMMUNITY'S CULTURAL BASE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $18,325

Program Service Revenue $4,544

Investment Income $90

Other Revenue $0

TOTAL REVENUE $22,959

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,431

Other Expenses $18,488

TOTAL EXPENSES $18,488

Year-over-Year Comparison

	2022	2021	Change
Revenue	$22,959	$10,088	+1.3%
Expenses	$18,488	$6,484	+1.9%
Net Income	$4,471	$3,604	+0.2%

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

N/A

Employees

N/A

Volunteers

N/A

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
ROSCOE REDCROSS	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA REDCROSS	DIRECTOR	1.00	Officer Director	$0	$0	$0
SHARON NELSON-CRAIG	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PATRICIA JACKSON	TREASURER	1.00	Officer Director	$0	$0	$0
RALPH E HAINES	SECRETARY	1.00	Officer Director	$0	$0	$0
BRENDA HOBBS	TRUSTEE	1.00	Director	$0	$0	$0
ANDRE MCCLOUD	TRUSTEE	1.00	Director	$0	$0	$0
KELVIN SUGGS	TRUSTEE	1.00	Director	$0	$0	$0
JOAN JENKINS	TRUSTEE	1.00	Director	$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
2022	$22,959	$18,488	$16,350	$4,471
2021	$10,088	$6,484	$12,990	$3,604
2020	$4,864	$9,600	$8,210	$-4,736
2019	$17,602	$23,076	$12,898	$-5,474
2018	$21,019	$16,687	$16,330	$4,332

EDUSTAR PERFORMING ARTS SOCIETY INC