NORTH GWINNETT ARTS ASSOCIATION (EIN 271901932) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

SHEILA CRUMRINE

Phone

6788782818

Tax Period

2024-01-01 to 2024-12-31

NORTH GWINNETT ARTS ASSOCIATION, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $240K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $275K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE Suwanee Arts Center (SAC) is a 501(c)(3) not-for-profit dedicated to promoting the appreciation of local art through exhibition, festivals and other art-related events.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $103,947

Program Service Revenue $70,872

Investment Income $21

Other Revenue $64,671

TOTAL REVENUE $239,511

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $66,833

Fundraising Expenses $10,610

Program Expenses $220,034

Other Expenses $205,364

TOTAL EXPENSES $275,197

Year-over-Year Comparison

	2024	2023	Change
Revenue	$239,511	$204,989	+0.2%
Expenses	$275,197	$198,400	+0.4%
Net Income	$-35,686	$6,589	-6.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$53,962

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHEILA CRUMRINE	PRESIDENT	2.00	Director	$0	$0	$0
CHERIE HERINGER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RHONDA STARLINGS	SECRETARY	1.00	Director	$0	$0	$0
RHONDA STARLING	2ND VP	1.00	Officer Director	$0	$0	$0
RAY GODLESKI	TREASURER	1.00	Officer Director	$0	$0	$0
CYNTHIA HILL	EXECUTIVE DIRECTOR	40.00	Officer	$53,962	$0	$53,962
NANCY B ARRIANO	MEDIA	1.00	Director	$0	$0	$0
DWAIN VAUGHNS	DIRECTOR OF ARTS	1.00	Director	$0	$0	$0
AMY BRAY	MEMBER AT LARGE	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
2025	No data	No data	No data	No data
2024	$239,511	$275,197	$27,644	$-35,686
2023	$204,989	$198,400	$77,570	$6,589
2022	$194,236	$172,607	$61,655	$21,629

NORTH GWINNETT ARTS ASSOCIATION