VALATIE COMMUNITY THEATRE 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

2004

Legal Domicile

Principal Officer

CRAIG HANCOCK

Phone

5187581309

Tax Period

2022-01-01 to 2022-12-31

VALATIE COMMUNITY THEATRE INC, founded in 2004, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $36K in total revenue in fiscal year 2022. Revenue surged 135% from the prior year, signaling strong growth momentum. Net assets of $101K represent 34 months of operating reserves.

Mission

THE ORGANIZATION'S MISSION IS DEVELOP, ENCOURAGE AND PRODUCE THEATRICAL TALENT AND PROVIDE FOR AN OPPORTUNITY FOR EXPRESSION IN THE ART OF THEATRE.

Program Service Accomplishments

Program 1

Expenses: $33,523 Revenue: $19,869

TO DEVELOP, ENCOURAGE AND PRODUCE THEATRICAL TALENT AND EXPERIENCES THAT EDUCATE, CHALLENGE AND INSPIRE PEOPLE OF ALL AGES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $15,655

Program Service Revenue $19,869

Investment Income $0

Other Revenue $0

TOTAL REVENUE $35,524

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,523

Other Expenses $35,047

TOTAL EXPENSES $35,047

Year-over-Year Comparison

	2022	2021	Change
Revenue	$35,524	$15,147	+1.3%
Expenses	$35,047	$20,895	+0.7%
Net Income	$477	$-5,748	-1.1%

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
CRAIG HANCOCK	PRESIDENT	0.50	Officer Director	$0	$0	$0
ERICA BALON	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
DR NEAL BAILLARGEON	TREASURER	0.50	Officer Director	$0	$0	$0
MICHAEL RIVENBURGH	SECRETARY	0.50	Officer Director	$0	$0	$0
MARTIN MCDERMOTT	DIRECTOR	0.50	Director	$0	$0	$0
DAVID MALSAN	DIRECTOR	0.50	Director	$0	$0	$0
SARAH ELGHANNANI	DIRECTOR	0.50	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
2022	$35,524	$35,047	$101,319	$477
2021	$15,147	$20,895	$100,842	$-5,748
2020	$10,810	$14,667	$106,590	$-3,857
2019	$23,749	$33,662	$110,447	$-9,913
2018	$27,864	$28,568	$120,360	$-704