COCHECO ACADEMY OF THE ARTS CHARTER SCHOOL (EIN 201223676) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

MICHAEL MCMAHON

Phone

6037410700

Tax Period

2022-07-01 to 2023-06-30

COCHECO ACADEMY OF THE ARTS CHARTER SCHOOL, founded in 2004, is a micro nonprofit that reported $61K in total revenue in fiscal year 2022. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $93K exceeded revenue, resulting in a 52% operating deficit.

Mission

CATA'S MISSION IS TO PROVIDE EXCELLENCE IN SECONDARY EDUCATION IN ACADEMICS, FINE ARTS, PERFORMING ARTS, AND TECHNOLOGY RELATED TO THE ARTS. THE EDUCATIONAL EXPERIENCE AT CATA ALLOWS FOR VARIED LEARNING STYLES, INDIVIDUALIZED EDUCATIONAL OPPORTUNITIES, SMALL CLASS SIZES, AND MULTIPLE METHODS OF LEARNNG ASSESSMENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $61,249

Program Service Revenue $40

Investment Income $2

Other Revenue $0

TOTAL REVENUE $61,291

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,649

Fundraising Expenses $0

Program Expenses $71,027

Other Expenses $45,212

TOTAL EXPENSES $92,861

Year-over-Year Comparison

	2022	2021	Change
Revenue	$61,291	$447,160	-0.9%
Expenses	$92,861	$342,365	-0.7%
Net Income	$-31,570	$104,795	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MCMAHON	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
DAVID AKRIDGE	TREASURER	3.00	Officer Director	$0	$0	$0
MARK ANDREWS	TRUSTEE	2.00	Director	$0	$0	$0
JENNIFER CARTON	TRUSTEE	2.00	Director	$0	$0	$0
KELLY BAKER	TRUSTEE	2.00	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
2023	$61,291	$92,861	No data	$-31,570
2022	$447,160	$342,365	$172,666	$104,795
2021	$454,843	$428,678	$237,386	$26,165

COCHECO ACADEMY OF THE ARTS CHARTER SCHOOL