VENANGO CENTER FOR CREATIVE DEVELOPMENT

EIN: 251404107 501(c)(3) Unknown

FRANKLIN, PA

Total Revenue
$18,536
Total Expenses
$18,101
Total Assets
$2,562
Net Assets
$2,562
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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
1978
Legal Domicile
PA
Principal Officer
VERONICA BEITH
Phone
8144375822
Tax Period
2020-09-01 to 2021-08-31

VENANGO CENTER FOR CREATIVE DEVELOPMENT, founded in 1978, is a micro nonprofit in the Unknown sector that reported $19K in total revenue in fiscal year 2020. Revenue decreased 13% compared to the prior year.

Mission

PROVIDE COMMUNITY ORIENATED SERVICES

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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 (2020)

Revenue Breakdown

Contributions & Grants $8,000
Program Service Revenue $10,530
Investment Income $6
Other Revenue $0
TOTAL REVENUE $18,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,095
Other Expenses $18,101
TOTAL EXPENSES $18,101

Year-over-Year Comparison

2020 2019 Change
Revenue $18,536 $21,194 -0.1%
Expenses $18,101 $24,186 -0.3%
Net Income $435 $-2,992 -1.1%
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

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Governance

Voting Members
4
Independent Members
4
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VERONICA BEITH DIRECTOR 1.00
Director
$0 $0 $0
N/A CONSULTANT 0.00
$0 $0 $0
N/A PRESIDENT 0.00
$0 $0 $0
N/A SECRETARY/TREASURER 0.00
$0 $0 $0
N/A VICE PRESIDENT 0.00
$0 $0 $0
N/A CONSULTANT 0.00
$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
2021 $18,536 $18,101 $2,562 $435
2020 $21,194 $24,186 $2,127 $-2,992
2019 $20,905 $24,219 $5,119 $-3,314
2018 $27,909 $27,076 $8,433 $833
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