THE PERFORMANCE ZONE INC (EIN 133357408) - 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

1986

Legal Domicile

Principal Officer

CHRISTOPHER BLOODWORTH

Phone

2126916969

Tax Period

2023-01-01 to 2023-12-31

THE PERFORMANCE ZONE INC, founded in 1986, is a community nonprofit that reported $5.0M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $5.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

ENCOURAGING AND CULTIVATING APPRECIATION OF THE PERFORMING ARTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,615,471

Program Service Revenue $332,995

Investment Income $18,586

Other Revenue $0

TOTAL REVENUE $4,967,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $907,262

Fundraising Expenses $110,545

Program Expenses $5,157,538

Other Expenses $4,620,669

TOTAL EXPENSES $5,527,931

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,967,052	$5,780,066	-0.1%
Expenses	$5,527,931	$7,792,559	-0.3%
Net Income	$-560,879	$-2,012,493	-0.7%

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

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

$137,789

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL WELLINGTON	CO-CHAIR	2.00	Director	$0	$0	$0
ALICE DE CALLATAY	CO-CHAIR	2.00	Director	$0	$0	$0
DEVON MOSLEY	TREASURER	1.00	Director	$0	$0	$0
ADAORA UGOKEW	SECRETARY	1.00	Director	$0	$0	$0
MICHELA ABLON	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA HALLAC	DIRECTOR	0.50	Director	$0	$0	$0
RACHEL ERICKSON HEE	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER QUELIZ	DIRECTOR	0.50	Director	$0	$0	$0
JESSICA PHILLIPS	DIRECTOR	0.50	Director	$0	$0	$0
EDUARDO ALVAREZ	DIRECTOR	0.50	Director	$0	$0	$0
CHRISTOPHER BLOODWORTH	EXECUTIVE DI	40.00	Officer	$114,039	$0	$114,039
JAMAINE SMITH	FORMER EXEC	30.00	Officer	$23,750	$0	$23,750

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	No data	No data	No data	No data
2023	$4,967,052	$5,527,931	$1,383,591	$-560,879
2022	$5,780,066	$7,792,559	$2,313,984	$-2,012,493
2021	$5,815,345	$4,090,802	$3,205,718	$1,724,543
2020	$4,162,430	$3,685,453	$1,586,559	$476,977
2019	$3,597,666	$3,167,479	$886,852	$430,187
2018	$2,532,724	$2,566,953	$574,246	$-34,229

THE PERFORMANCE ZONE INC