Emc Arts Inc (EIN 203597301) - Form 990 Financial Analysis & Trantor Score

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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

2005

Legal Domicile

Principal Officer

John McCann

Phone

3363774212

Tax Period

2022-01-01 to 2022-09-30

Emc Arts Inc, founded in 2005, is a small nonprofit that reported $128K in total revenue in fiscal year 2021. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $467K exceeded revenue, resulting in a 265% operating deficit.

Mission

TO OBSERVE, ANALYZE AND SUGGEST IMPROVEMENTS TO THE METHODS BY WHICH CHARITABLE ORGANIZATIONS RELATE TO, AND INTERACT WITH, ALL OF THEIR STAKEHOLDERS, INCLUDING THEIR EMPLOYEES, THEIR DIRECTORS, THEIR COMMUNITIES, AND TH

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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 (2021)

Revenue Breakdown

Contributions & Grants $98,200

Program Service Revenue $29,571

Investment Income $12

Other Revenue $0

TOTAL REVENUE $127,783

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $103,841

Other Expenses $466,523

TOTAL EXPENSES $466,523

Year-over-Year Comparison

	2021	2020	Change
Revenue	$127,783	$773,615	-0.8%
Expenses	$466,523	$590,547	-0.2%
Net Income	$-338,740	$183,068	-2.9%

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

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

$9,900

Total Directors

$9,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Evans	President through March 2022	010.00	Officer Director	$9,900	$0	$9,900
John McCann	Board Chair	001.00	Officer Director	$0	$0	$0
Charles McDermott	Board Member	001.00	Director	$0	$0	$0
Patrick Willingham	Board Member	011.00	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
2022	$127,783	$466,523	No data	$-338,740
2021	$773,615	$832,737	$466,584	$-59,122
2020	$520,250	$943,292	$501,484	$-423,042
2019	$1,536,115	$1,753,712	$851,194	$-217,597
2018	$1,486,165	$1,506,896	$608,106	$-20,731

Emc Arts Inc