Painting Hope (EIN 272494956) - 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

2011

Legal Domicile

Phone

8778295500

Tax Period

2024-01-01 to 2024-12-31

Painting Hope, founded in 2011, is a micro nonprofit in the Education sector that reported $25K in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $319K exceeded revenue, resulting in a 1182% operating deficit.

Mission

Painting Hope is a live art performance and presentation by Eric Samuel Timm that brings hope, inspiration, and empowerment to audiences internationally.

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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 $20,028

Program Service Revenue $0

Investment Income $4,858

Other Revenue $0

TOTAL REVENUE $24,886

Expense Breakdown

Grants Paid $221,313

Salaries & Benefits $25,500

Fundraising Expenses $0

Program Expenses $292,734

Other Expenses $72,121

TOTAL EXPENSES $318,934

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,886	$630,392	-1.0%
Expenses	$318,934	$726,813	-0.6%
Net Income	$-294,048	$-96,421	+2.0%

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

$25,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Timm	President	20.00	Officer	$25,500	$0	$25,500
Danielle Timm	Vice-President	0.00	Director	$0	$0	$0
Andy Cass	Treasurer	0.00	Director	$0	$0	$0
Christy Cass	Secretary	0.00	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
2024	$24,886	$318,934	$360,512	$-294,048
2023	$630,392	$726,813	$674,458	$-96,421
2022	$796,152	$341,807	$775,589	$454,345
2021	$333,788	$105,424	$328,151	$228,364

Painting Hope