CLOVERDALE PERFORMING ARTS CENTER INC (EIN 260182795) - 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

2008

Legal Domicile

Principal Officer

Adam Paulsen

Phone

7078942214

Tax Period

2023-01-01 to 2023-12-31

CLOVERDALE PERFORMING ARTS CENTER INC, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $196K in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $223K exceeded revenue, resulting in a 14% operating deficit.

Mission

Operation of the Cloverdale Performing Arts Center

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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 (2023)

Revenue Breakdown

Contributions & Grants $100,851

Program Service Revenue $94,659

Investment Income $0

Other Revenue $0

TOTAL REVENUE $195,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,919

Fundraising Expenses $0

Program Expenses $133,763

Other Expenses $154,616

TOTAL EXPENSES $222,535

Year-over-Year Comparison

	2023	2022	Change
Revenue	$195,510	$116,533	+0.7%
Expenses	$222,535	$168,171	+0.3%
Net Income	$-27,025	$-51,638	-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

Volunteers

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

$58,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Zelenka	Artistic Managing Director	20	Key Emp	$55,583	$0	$55,583
Nichole Phillips	Former Artistic Director	20	Key Emp	$2,417	$0	$2,417
Roger Quintin	Director	5	Director	$0	$0	$0
David McChesney	Director	5	Director	$0	$0	$0
Robert Rodriguez	Director	5	Director	$0	$0	$0
Robert Bauer	Treasurer/Director	10	Officer Director	$0	$0	$0
Adam Paulsen	President/Director	10.00	Officer Director	$0	$0	$0
Anna Murphy	Director/Secretary	5	Officer Director	$0	$0	$0
Christopher Johnston	Director	5	Director	$0	$0	$0
Krystalynn Westbrook-Martin	Director	5	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$195,510	$222,535	$597,978	$-27,025
2022	$116,533	$168,171	$647,626	$-51,638
2021	$141,638	$87,106	$702,049	$54,532
2020	$64,775	$76,609	$646,737	$-11,834

CLOVERDALE PERFORMING ARTS CENTER INC