ARTRAIN 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

1971

Legal Domicile

Principal Officer

Deb Polich

Phone

7347478300

Tax Period

2024-01-01 to 2024-12-31

ARTRAIN INC, founded in 1971, is a small nonprofit that reported $219K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $335K exceeded revenue, resulting in a 53% operating deficit.

Mission

Artrains mission is to deliver discovery and through the power of arts and culture transform lives organizations and communities. As a project management organization it partners with arts and cultural institutions artists and creative individuals to deliver programs to communities.

Program Service Accomplishments

Program 1

Expenses: $52,461 Revenue: $72,416

Artrain partners with artists creative workers and arts and creative organizations to develop manage and fund projects

Program 2

Expenses: $104,922 Revenue: $53,999

Artrain is committed to strengthening & building capacity for nonprofit arts and cultural organizations. It offers management services to creative entrepreneurs and worthwhile but vulnerable artistic...

Program 3

Expenses: $137,605 Revenue: $92,421

As a project management organization Artrain self-produces or partners with arts and cultural institutions and creative individuals to develop and deliver programs

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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 $146,530

Program Service Revenue $71,082

Investment Income $1,224

Other Revenue $0

TOTAL REVENUE $218,836

Expense Breakdown

Grants Paid $85,144

Salaries & Benefits $142,053

Fundraising Expenses $12,444

Program Expenses $294,988

Other Expenses $107,343

TOTAL EXPENSES $334,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$218,836	$394,648	-0.4%
Expenses	$334,540	$378,246	-0.1%
Net Income	$-115,704	$16,402	-8.1%

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

$92,271

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Diana Wong	Chair	1.00	Officer	$0	$0	$0
Joe Schwarz	Treasurer	1.00	Officer	$0	$0	$0
Deb Polich	President CEO	60.00	Officer Highest	$92,271	$0	$92,271

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	$218,836	$334,540	$71,006	$-115,704
2023	$394,648	$378,246	$258,324	$16,402
2022	$741,777	$788,681	$220,054	$-46,904
2021	$706,963	$703,728	$220,465	$3,235
2020	$296,340	$255,833	$275,005	$40,507