WASHINGTON DEPOT, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AFTER SCHOOL ARTS PROGRAM INC, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $879K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 15% operating margin.
THE AFTER SCHOOL ARTS PROGRAM, INC. IS DEDCIATED TO PROVIDING ARTISTIC OPPORTUNITIES FOR CHILDREN, PARENTS, AND OTHER MEMBERS OF THE GENERAL PUBLIC, PARTICULARLY THOSE FROM NORTHWEST CONNECTICUT, THROUGH EDUCATIONAL WORKSHOPS, EVENTS, AND FIELD TRIPS WITH PROFESSIONAL ARTISTS AND ART ORGANIZATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $879,163 | $623,877 | +0.4% |
| Expenses | $746,119 | $708,863 | +0.1% |
| Net Income | $133,044 | $-84,986 | -2.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOANNE TORTI | PRIOR EXECUT | 40.00 |
Officer
|
$112,320 | $0 | $112,320 |
| PAM BLESS | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIA CAMPBELL | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TAL FAGIN | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GRETCHEN HOHENSTEIN | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLEN KOVAC | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW LINDE | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMOL NAIK | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANLEY ROWE | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICOLE TONGUE | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY WENNING | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RIMA KHALIL | TREASURER | 2.00 |
Officer
|
$0 | $0 | $0 |
| ALISON PSOMAS | EXECUTIVE DI | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $879,163 | $746,119 | $616,810 | $133,044 |
| 2024 | $623,877 | $708,863 | $367,262 | $-84,986 |
| 2023 | $570,989 | $584,508 | $439,424 | $-13,519 |
| 2022 | $575,722 | $511,195 | $428,087 | $64,527 |
| 2021 | $489,906 | $406,272 | $419,293 | $83,634 |
| 2020 | $476,422 | $542,388 | $323,389 | $-65,966 |
| 2019 | $638,351 | $600,448 | $379,645 | $37,903 |
| 2018 | $612,827 | $568,755 | $344,971 | $44,072 |
Compare AFTER SCHOOL ARTS PROGRAM INC with other nonprofits in Connecticut and across the country.