SPIRITUAL ARTS INSTITUTE (EIN 202549830) - 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

2005

Legal Domicile

Principal Officer

DIMITRI MORAITIS

Phone

7604871224

Tax Period

2024-01-01 to 2024-12-31

SPIRITUAL ARTS INSTITUTE, founded in 2005, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 8% surplus.

Mission

TO OFFER HIGH QUALITY SPIRITUAL EDUCATION DESIGNED TO ASSIST THE SOUL IN ITS SPIRITUAL EVOLUTION.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $818,986

Program Service Revenue $475,879

Investment Income $22

Other Revenue $11,333

TOTAL REVENUE $1,306,220

Expense Breakdown

Grants Paid $0

Salaries & Benefits $407,878

Fundraising Expenses $46,542

Program Expenses $1,012,273

Other Expenses $797,207

TOTAL EXPENSES $1,205,085

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,306,220	$1,042,969	+0.3%
Expenses	$1,205,085	$1,109,132	+0.1%
Net Income	$101,135	$-66,163	-2.5%

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

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

$155,483

Total Directors

$159,754

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIMITRI MORAITIS	DIRECTOR, PRESIDENT	60.00	Officer Director	$155,483	$0	$155,483
BARBARA MARTIN TO MAY 2024	DIRECTOR, PRESIDENT EMERIT	10.00	Director	$4,271	$0	$4,271
PATRICIA BOWMAN	DIRECTOR, SECRETARY	5.00	Officer Director	$0	$0	$0
MICHELLE WEBER	DIRECTOR, TREASURER	5.00	Officer Director	$0	$0	$0
APRIL OQUENDA	DIRECTOR	5.00	Director	$0	$0	$0
GRACEANNA JONES TO OCT 2024	DIRECTOR	5.00	Director	$0	$0	$0
TRUPTI MULTANI	DIRECTOR	5.00	Director	$0	$0	$0
NEIL MINTZ	DIRECTOR	40.00	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
2024	$1,306,220	$1,205,085	$797,971	$101,135
2023	$1,043,045	$1,109,132	$769,344	$-66,087
2022	$1,119,422	$995,700	$885,044	$123,722
2021	$1,166,356	$1,223,679	$516,399	$-57,323
2020	$1,148,934	$962,162	$571,507	$186,772
2019	$696,648	$889,291	$362,942	$-192,643
2018	$608,383	$716,274	$560,404	$-107,891

SPIRITUAL ARTS INSTITUTE