STORYTELLING ARTS 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

1996

Legal Domicile

Principal Officer

VIVIAN JAMES

Phone

6094301922

Tax Period

2022-07-01 to 2023-06-30

STORYTELLING ARTS INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $168K in total revenue in fiscal year 2022. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $227K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PRESERVE, PROMOTE, AND IMPART THE LIVING ART OF STORYTELLING TO BUILD LITERACY, STRENGTHEN COMMUNITIES, AND NURTURE THE HUMAN SPIRIT

Program Service Accomplishments

Program 1

Expenses: $178,419

TEACHER MENTORING, CLASSROOM RESIDENCIES, PROFESSIONAL DEVELOPMENT, WORKSHOPS FOR TEACHERS AND STORYTELLERS, AND ASSEMBLIES FOR LARGE AUDIENCES.

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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 $132,468

Program Service Revenue $35,307

Investment Income $0

Other Revenue $0

TOTAL REVENUE $167,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,409

Fundraising Expenses $14,515

Program Expenses $178,419

Other Expenses $65,641

TOTAL EXPENSES $227,050

Year-over-Year Comparison

	2022	2021	Change
Revenue	$167,775	$139,248	+0.2%
Expenses	$227,050	$188,411	+0.2%
Net Income	$-59,275	$-49,163	+0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SONI PAHADE	PRESIDENT	3.00	Officer Director	$0	$0	$0
THEODORE K CHENG	SECRETARY	3.00	Officer Director	$0	$0	$0
MICHAEL G LETTIERE	TREASURER	3.00	Officer Director	$0	$0	$0
LILLIE CHEN	TRUSTEE	2.00	Director	$0	$0	$0
SANDY HANNA	TRUSTEE	2.00	Director	$0	$0	$0
STEVEN HOBBS	TRUSTEE	2.00	Director	$0	$0	$0
GABRIELLE ZIEDEN	TRUSTEE	2.00	Director	$0	$0	$0
YASMINE RANA	TRUSTEE	2.00	Director	$0	$0	$0
VIVIAN JAMES	EXECUTIVE DI	40.00	Officer 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	No data	No data	No data	No data
2023	$167,775	$227,050	$44,090	$-59,275
2022	$139,248	$188,411	$97,312	$-49,163