BEST DEVELOPMENT OF THE ARTS INC

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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

1993

Legal Domicile

Principal Officer

F ELAINE BEST

Tax Period

2020-01-01 to 2020-12-31

BEST DEVELOPMENT OF THE ARTS INC, founded in 1993, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $196 in total revenue in fiscal year 2020. Revenue decreased 8% compared to the prior year. Expenses of $3K exceeded revenue, resulting in a 1571% operating deficit.

Mission

TO ENHANCE AND DEVELOP THE ARTS

Program Service Accomplishments

Program 1

Expenses: $2,640

PROVIDE FUNDS SO THAT LESS FORTUNITE INDIVIDUALS CAN ENJOY THE ARTS

Program 2

Expenses: $340

PROVIDE FUNDS SO THAT PROGRAMS FOR SPECIAL NEEDS INDIVIDUALS CAN ENJOY THE ARTS

Program 3

Expenses: $220

PROVIDE FUNDS TO LOCAL SCHOOL DISTRICTS AND OTHER 501C(3)ORGANIZATIONS TO BE USED TO PROVIDE THE 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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $196

Other Revenue $0

TOTAL REVENUE $196

Expense Breakdown

Grants Paid $220

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,200

Other Expenses $3,055

TOTAL EXPENSES $3,275

Year-over-Year Comparison

	2020	2019	Change
Revenue	$196	$213	-0.1%
Expenses	$3,275	$3,453	-0.1%
Net Income	$-3,079	$-3,240	0.0%

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

N/A

Volunteers

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
WYNNTTE DOHSE	MEMBER	1.00	Director	$0	$0	$0
JEAN NIVER	MEMBER	1.00	Director	$0	$0	$0
F ELAINE BEST	PRESIDENTTREASURER	2.00	Officer 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
2020	$196	$3,275	$87,949	$-3,079
2019	$213	$3,453	$91,027	$-3,240
2018	$166	$4,170	$94,268	$-4,004