COLAB ARTS INC

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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

Principal Officer

DANIEL SWERN

Tax Period

2024-07-01 to 2025-06-30

COLAB ARTS INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $477K in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $577K exceeded revenue, resulting in a 21% operating deficit.

Mission

COLAB ARTS ENGAGES ARTISTS, SOCIAL ADVOCATES AND COMMUNITIES TO CREATE TRANFORMATIVE NEW WORK.

Program Service Accomplishments

Program 1

Expenses: $214,672

COLAB ARTS GENERATES COMMUNITY-POWERED PROJECTS AND SEEKS TO CREATE AN ART SCENE USING NEW AND ESTABLISHED SPACES. ITS WORK TAKES PLACE IN COMMUNITY ROOMS, HOUSES OF WORSHIP, PARKING LOTS, SCHOOLS...

COLAB ARTS GENERATES COMMUNITY-POWERED PROJECTS AND SEEKS TO CREATE AN ART SCENE USING NEW AND ESTABLISHED SPACES. ITS WORK TAKES PLACE IN COMMUNITY ROOMS, HOUSES OF WORSHIP, PARKING LOTS, SCHOOLS, BARS, AND BACKYARDS. A LETS GET IT DONE WORK ETHIC AND FLAIR FOR MISCHIEF COLORS COLAB ARTS AESTHETIC AND AN EMPHASIS ON COMMUNITY ENGAGEMENT AND PROFESSIONAL DEVELOPMENT DEFINES ITS COMMITMENT TO THE ARTS.

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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 $228,914

Program Service Revenue $232,425

Investment Income $15,364

Other Revenue $0

TOTAL REVENUE $476,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $344,425

Fundraising Expenses $8,857

Program Expenses $214,672

Other Expenses $232,868

TOTAL EXPENSES $577,293

Year-over-Year Comparison

	2024	2023	Change
Revenue	$476,703	$832,339	-0.4%
Expenses	$577,293	$524,424	+0.1%
Net Income	$-100,590	$307,915	-1.3%

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

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

$59,615

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL SWERN	PRODUCING DI	40.00	Director	$59,615	$0	$59,615
ELISE BRANCHEAU	PRESIDENT	2.00	Officer Director	$0	$0	$0
NICOLE BROWNSTEIN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
BARRY SHERMAN	TREASURER	2.00	Officer Director	$0	$0	$0
ERICA NAGEL	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRISTINA BRISKIN	DIRECTOR	1.00	Director	$0	$0	$0
MONIQUE COLEMAN	DIRECTOR	1.00	Director	$0	$0	$0
CARLA HAYNES	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN BALLARD	DIRECTOR	1.00	Director	$0	$0	$0
CAROLINA MORATTI	DIRECTOR	1.00	Director	$0	$0	$0
PERRY FARHAT	DIRECTOR	1.00	Director	$0	$0	$0
JIN HI RHEEM	DIRECTOR	1.00	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
2025	$476,703	$577,293	$564,171	$-100,590
2024	$832,339	$524,424	$638,604	$307,915
2023	$537,694	$377,045	$334,807	$160,649
2022	$358,713	$403,389	$299,528	$-44,676
2021	$364,224	$239,920	$260,056	$124,304
2020	$246,538	$206,411	$106,507	$40,127