AMERICAN FRIENDS OF THE ROYAL BALL… - Form 990 Financial Data

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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

2005

Legal Domicile

Principal Officer

MARK MAGOWAN

Phone

6468670994

Tax Period

2019-01-01 to 2019-12-31

AMERICAN FRIENDS OF THE ROYAL BALLET SCHOOL INC, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $239K in total revenue in fiscal year 2019. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $361K exceeded revenue, resulting in a 51% operating deficit.

Mission

TO PROMOTE AND RAISE FUNDS FOR THE ARTS, AND PARTICULARLY BALLET.

Program Service Accomplishments

Program 1

Expenses: $360,589

GRANTS TO THE ROYAL BALLET SCHOOL IN UK TO SUPPORT STUDENTS, PERFORMANCES, HEALTHY DANCER PROGRAM AND GENERAL SUPPORT.

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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 (2019)

Revenue Breakdown

Contributions & Grants $234,927

Program Service Revenue $0

Investment Income $4,128

Other Revenue $0

TOTAL REVENUE $239,055

Expense Breakdown

Grants Paid $360,589

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $360,589

Other Expenses $0

TOTAL EXPENSES $360,589

Year-over-Year Comparison

	2019	2018	Change
Revenue	$239,055	$169,908	+0.4%
Expenses	$360,589	$100,000	+2.6%
Net Income	$-121,534	$69,908	-2.7%

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
ALBERT BELAS	DIRECTOR	0.50	Officer Director	$0	$0	$0
MARK MAGOWAN	DIRECTOR / P	0.50	Officer Director	$0	$0	$0
DAVID NORMAN	DIRECTOR	0.50	Officer Director	$0	$0	$0
DENISE SAUL	DIRECTOR	0.50	Officer Director	$0	$0	$0
PIPPA ADAMSON	SECRETARY /T	1.00	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
2019	$239,055	$360,589	$58,375	$-121,534

AMERICAN FRIENDS OF THE ROYAL BALLET SCHOOL INC