BRIDGEVIEW SCHOOL OF FINE ARTS INC (EIN 113545764) - 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

2001

Legal Domicile

Principal Officer

ELENA KIROCHKO-MURRAY

Phone

5403604370

Tax Period

2024-01-01 to 2024-12-31

BRIDGEVIEW SCHOOL OF FINE ARTS INC, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $427K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TO EDUCATE THE PUBLIC OF ALL AGES IN THE PHILOSOPHIES AND METHODOLOGIES BEHIND THE CLASSICAL TRADITION OF DRAWING, PAINTING AND SCULPTURE; TO PROMOTE THE CLASSICAL TRADITION AND INSURE ITS SURVIVAL AND TRANSITION TO NEW GENERATIONS OF ARTISTS.

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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 $12,000

Program Service Revenue $414,623

Investment Income $0

Other Revenue $0

TOTAL REVENUE $426,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,062

Fundraising Expenses $0

Program Expenses $427,439

Other Expenses $341,405

TOTAL EXPENSES $439,467

Year-over-Year Comparison

	2024	2023	Change
Revenue	$426,623	$456,508	-0.1%
Expenses	$439,467	$454,183	0.0%
Net Income	$-12,844	$2,325	-6.5%

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

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

$90,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELENA KIROCHKO-MURRAY	PRESIDENT	40.00	Officer	$90,000	$0	$90,000
LARISA DEKERMENDZHI	TREASURER	2.00	Officer	$0	$0	$0
LEONID LERMAN	SECRETARY	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	$426,623	$439,467	$170,747	$-12,844
2023	$456,508	$454,183	$183,591	$2,325
2022	$403,209	$400,262	$181,266	$2,947
2021	$430,739	$389,740	$191,859	$40,999
2020	$248,944	$290,423	$150,860	$-41,479
2019	$416,775	$397,436	$177,797	$19,339
2018	$358,831	$355,940	$158,458	$2,891

BRIDGEVIEW SCHOOL OF FINE ARTS INC