ARTS FOR HEALING INC

EIN: 061595505 501(c)(3)

NEW CANAAN, CT

Total Revenue
$236,765
Total Expenses
$381,476
Total Assets
N/A
Net Assets
N/A
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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
2000
Legal Domicile
CT
Principal Officer
KAREN NISENSON
Phone
2039722982
Tax Period
2019-01-01 to 2019-12-31

ARTS FOR HEALING INC, founded in 2000, is a small nonprofit that reported $237K in total revenue in fiscal year 2019. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $381K exceeded revenue, resulting in a 61% operating deficit.

Mission

HEALING SPECIAL NEEDS CHILDREN THROUGH ART AND MUSIC PROGRAMS

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $41,807
Program Service Revenue $194,400
Investment Income $558
Other Revenue $0
TOTAL REVENUE $236,765

Expense Breakdown

Grants Paid $0
Salaries & Benefits $200,585
Fundraising Expenses $30,985
Program Expenses $214,072
Other Expenses $180,891
TOTAL EXPENSES $381,476

Year-over-Year Comparison

2019 2018 Change
Revenue $236,765 $481,645 -0.5%
Expenses $381,476 $394,559 0.0%
Net Income $-144,711 $87,086 -2.7%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
6
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
none none N/A
$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
2019 $236,765 $381,476 No data $-144,711
2018 $481,645 $394,559 $166,253 $87,086
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