ART FOR HUMANITY 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

Formation Year

2003

Legal Domicile

Principal Officer

Glen Evans

Phone

7036844635

Tax Period

2024-01-01 to 2024-12-31

ART FOR HUMANITY INC, founded in 2003, is a small nonprofit in the International Affairs sector that reported $379K in total revenue in fiscal year 2024. Expenses of $338K left a modest 11% surplus.

Mission

Provide educational facilities and scholarships and agricultural education, research and scholarships in Honduras.

Program Service Accomplishments

Program 1

Expenses: $250,675 Revenue: $0

Provide scholarships and general support for students at a bilingual school and agricultural school in Quimistan, Honduras.

Program 2

Expenses: $70,000 Revenue: $0

Provide grants for upgrades to classroom buildings at the Honduras Independence Bilingual School.

Program 3

Expenses: $16,712 Revenue: $0

Shipping construction supplies and humanitarian goods to Honduras.

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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 $379,065

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $379,065

Expense Breakdown

Grants Paid $320,675

Salaries & Benefits $0

Fundraising Expenses $884

Program Expenses $337,387

Other Expenses $17,596

TOTAL EXPENSES $338,271

Year-over-Year Comparison

	2024	2023	Change
Revenue	$379,065	$386,418	0.0%
Expenses	$338,271	$453,692	-0.3%
Net Income	$40,794	$-67,274	-1.6%

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

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
Glen C Evans	President	40	Officer Director	$0	$0	$0
Patricia Higginbotham	Secretary	4	Officer Director	$0	$0	$0
Jessica Rodriguez Lamb	Treasurer	2	Officer Director	$0	$0	$0
Cheryl Weber	director	2	Director	$0	$0	$0
Andrea Kennedy	Director	4	Director	$0	$0	$0
David Bonney	Vice President	2	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	$379,065	$338,271	$50,462	$40,794
2023	$386,418	$453,692	$9,668	$-67,274
2022	$326,330	$434,993	$76,942	$-108,663
2021	$315,720	$300,732	$185,605	$14,988
2020	$297,167	$200,681	$170,617	$96,486