STRAND VENTURES INC (EIN 223733350) - 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

2000

Legal Domicile

Principal Officer

AMY FREEMAN

Phone

7323677789

Tax Period

2024-06-01 to 2025-05-31

STRAND VENTURES INC, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $512K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $587K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROMOTE CULTURAL,EDUCATIONAL AND ARTISTIC EVENTS AND TO PRESERVE THE HISTORICAL SITE OF THE STRAND THEATER IN AND FOR THE COMMUNITY OF LAKEWOOD, NJ.

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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 (2024)

Revenue Breakdown

Contributions & Grants $115,585

Program Service Revenue $396,278

Investment Income $72

Other Revenue $0

TOTAL REVENUE $511,935

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,379

Fundraising Expenses $0

Program Expenses $539,035

Other Expenses $380,231

TOTAL EXPENSES $586,610

Year-over-Year Comparison

	2024	2023	Change
Revenue	$511,935	$587,074	-0.1%
Expenses	$586,610	$638,376	-0.1%
Net Income	$-74,675	$-51,302	+0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE GRISANZIO	DIRECTOR	1.00	Director	$0	$0	$0
DAVE KAPULSKY	DIRECTOR	1.00	Director	$0	$0	$0
JON PETZ	DIRECTOR	1.00	Director	$0	$0	$0
STEVE REINMAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHEKINA SCALA	DIRECTOR	1.00	Director	$0	$0	$0
SARA TOMAS	DIRECTOR	1.00	Director	$0	$0	$0
AMY FREEMAN	PRESIDENT	45.00	Officer	$0	$0	$0
BARRY NASH	VICE PRESIDENT	10.00	Officer	$0	$0	$0
KAREN STAFFORD-SMITH	TREASURER	10.00	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
2025	$511,935	$586,610	$246,576	$-74,675
2024	$587,074	$638,376	$352,164	$-51,302
2023	$590,776	$528,904	$431,150	$61,872
2022	$617,363	$423,853	$385,274	$193,510
2021	$256,454	$172,540	$114,774	$83,914
2020	$491,358	$458,106	$71,189	$33,252
2019	$589,111	$584,192	$53,021	$4,919

STRAND VENTURES INC