EDUCATIONAL ARTS TEAM INC

EIN: 222382747 501(c)(3)

JERSEY CITY, NJ

Total Revenue
$1,686,950
Total Expenses
$1,435,966
Total Assets
$751,458
Net Assets
$496,388
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
NJ
Phone
2014321912
Tax Period
2024-01-01 to 2024-12-31

EDUCATIONAL ARTS TEAM INC, founded in 1981, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 15% surplus.

Mission

THE EDUCATIONAL ARTS TEAM, INC. IS A NONPROFIT ORGANIZATION WITH OVER 50 YEARS OF EXPERIENCE CONSISTING OF ARTISTS DEDICATED TO BRINGING ARTS INTEGRATION AND CREATIVE ARTS INTO SCHOOLS AND THE COMMUNITY. THROUGH PROGRAMS IN ART, THEATER, DANCE AND MUSIC, OUR ARTISTS DESIGN FUN AND ENGAGING EXPERIENCES THAT ENCOURAGE STUDENTS TO THINK CREATIVELY, EXPRESS THEMSELVES, AND GROW BOTH EMOTIONALLY AND SOCIALLY. OUR GOAL IS TO MAKE LEARNING MORE EXCITING, IMPROVE PROBLEM-SOLVING AND COMMUNICATION SKILLS TO SUPPORT OVERALL SOCIAL AND ACADEMIC DEVELOPMENT.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $519,969
Program Service Revenue $1,153,519
Investment Income $12,659
Other Revenue $803
TOTAL REVENUE $1,686,950

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,034,106
Fundraising Expenses $0
Program Expenses $1,211,964
Other Expenses $401,860
TOTAL EXPENSES $1,435,966

Year-over-Year Comparison

2024 2023 Change
Revenue $1,686,950 $1,259,208 +0.3%
Expenses $1,435,966 $1,568,761 -0.1%
Net Income $250,984 $-309,553 -1.8%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
N/A
Employees
10
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
5
$0
Total Directors
6
$141,270
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROXANNA ARROJO Executive Dir. 40.00
Director
$141,270 $0 $141,270
DOMINICK BUCCAFUSCO DIRECTOR OF ARTS BASED PROGRAMS 40.00
$76,332 $0 $76,332
SIDNEY UDERANI Director 5.00
Director
$0 $0 $0
JESSENIA ARAUJO BOARD MEMBERS 5.00
Director
$0 $0 $0
TRICIA CUTHBERTSON BOARD MEMBER 5.00
Director
$0 $0 $0
SCOTT PHILLIPS Director 5.00
Director
$0 $0 $0
LAUREN RUSSELL Director 5.00
Director
$0 $0 $0
NICO VITORINO Secretary 5.00
Officer
$0 $0 $0
SUZANNE MACK Trustee 5.00
Officer
$0 $0 $0
SHAWN HAMILLTON Treasurer 5.00
Officer
$0 $0 $0
MICHELLE GRACE LEWIS Vice President 5.00
Officer
$0 $0 $0
JEDD EHRMANN President 5.00
Officer
$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 $1,686,950 $1,435,966 $751,458 $250,984
2023 $1,259,208 $1,568,761 $346,172 $-309,553
2022 $908,424 $1,103,658 $768,972 $-195,234
2021 $895,928 $797,224 $903,740 $98,704
2020 $531,086 $643,785 $807,534 $-112,699
2019 $804,134 $726,928 $886,023 $77,206
2019 $801,327 $729,232 $883,118 $72,095
2018 $725,950 $788,453 $768,397 $-62,503
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