Akhmedova Ballet Foundation Inc (EIN 272978701) - 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

2010

Legal Domicile

Principal Officer

Jacqueline Akhmedova

Phone

3013122573

Tax Period

2024-01-01 to 2024-12-31

Akhmedova Ballet Foundation Inc, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $322K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $412K exceeded revenue, resulting in a 28% operating deficit.

Mission

Dedicated to providing the finest quality ballet training utilizing the Vaganova Method with personal and artistic mentoring to prepare young talented dancers to become strong and fully developed artists ready to take their places in major dance companies around the world.

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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 $88,471

Program Service Revenue $225,734

Investment Income $1,377

Other Revenue $6,592

TOTAL REVENUE $322,174

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,694

Fundraising Expenses $1,750

Program Expenses $350,973

Other Expenses $317,855

TOTAL EXPENSES $411,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$322,174	$486,148	-0.3%
Expenses	$411,549	$406,536	+0.0%
Net Income	$-89,375	$79,612	-2.1%

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

$62,008

Total Directors

$62,008

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jacqueline Akhmedova	President	60.00	Officer Director	$62,008	$0	$62,008
Sam Statland	Director	1.00	Director	$0	$0	$0
Elaine Novakovich	Director	2.00	Director	$0	$0	$0
Abeba Tsegaye	Director	1.00	Director	$0	$0	$0
Dale Tibbitts	Treasurer	24.00	Officer Director	$0	$0	$0
Dr Pamela Voulalas	Secretary	2.00	Officer 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	$322,174	$411,549	$699,978	$-89,375
2023	$486,148	$406,536	$955,956	$79,612
2022	$429,485	$376,812	$1,047,215	$52,673
2021	$377,901	$336,799	$468,593	$41,102
2020	$310,732	$185,402	$442,053	$125,330
2019	$213,371	$192,908	$406,452	$20,463
2018	$241,117	$206,111	$134,646	$35,006

Akhmedova Ballet Foundation Inc