PUPPET WORKS INC

EIN: 133087483 501(c)(3)

BROOKLYN, NY

Total Revenue
$120,141
Total Expenses
$142,642
Total Assets
$3,709
Net Assets
$-60,054
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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
1980
Legal Domicile
NY
Principal Officer
NICOLAS COPPOLA
Phone
7189653391
Tax Period
2019-07-01 to 2020-06-30

PUPPET WORKS INC, founded in 1980, is a small nonprofit that reported $120K in total revenue in fiscal year 2019. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $143K exceeded revenue, resulting in a 19% operating deficit.

Mission

PROMOTE THE ART OF PUPPETEERING

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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 $7,400
Program Service Revenue $112,741
Investment Income $0
Other Revenue $0
TOTAL REVENUE $120,141

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,824
Fundraising Expenses $0
Program Expenses $137,647
Other Expenses $52,818
TOTAL EXPENSES $142,642

Year-over-Year Comparison

2019 2018 Change
Revenue $120,141 $195,978 -0.4%
Expenses $142,642 $189,237 -0.2%
Net Income $-22,501 $6,741 -4.3%
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
2
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
2
$30,600
Total Directors
2
$30,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLAS COPPOLA PRESIDENT 20.00
Officer Director
$0 $0 $0
TERRY A SMITH VP/SECY 50.00
Officer Director
$30,600 $0 $30,600
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
2020 $120,141 $142,642 $3,709 $-22,501
2019 $195,978 $189,237 $3,646 $6,741
2018 $192,672 $207,678 $2,888 $-15,006
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