TEXAN-FRENCH ALLIANCE FOR THE ARTS (EIN 300294759) - 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

2004

Legal Domicile

Principal Officer

SCOTT LATULIPE

Phone

7138222060

Tax Period

2023-01-01 to 2023-12-31

TEXAN-FRENCH ALLIANCE FOR THE ARTS, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $330K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $386K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE TEXAN-FRENCH ALLIANCE FOR THE ARTS IS A NON-PROFIT, 501(C)(3) ORGANIZATION ESTABLISHED IN 2004. ITS MISSION IS TO IMPROVE THE QUALITY OF LIFE IN OUR CITIES AND LOCAL COMMUNITIES USING ART, ALONG WITH OTHER DISCIPLINES, AS A CATALYST TO CREATE POSITIVE CHANGE. TFAA ALSO STRENGTHENS AT RISK COMMUNITIES THROUGH CHILDREN'S EDUCATIONAL ARTS PROGRAMS (INCLUDING THE OPEN THE DOOR AND SOCIAL AND EMOTIONAL LEARNING BE THE PEACE - BE THE HOPE ALLIANCE PROGRAMS) BY EQUIPPING THEM WITH THE TOOLS TO OVERCOME THEIR CHALLENGES AND BUILD A BETTER FUTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $329,892

Program Service Revenue $0

Investment Income $2

Other Revenue $0

TOTAL REVENUE $329,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,999

Fundraising Expenses $0

Program Expenses $342,773

Other Expenses $301,910

TOTAL EXPENSES $385,909

Year-over-Year Comparison

	2023	2022	Change
Revenue	$329,894	$373,186	-0.1%
Expenses	$385,909	$272,858	+0.4%
Net Income	$-56,015	$100,328	-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

$83,999

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARINE-PARKER LEMOYNE	EXECUTIVE DIRECTOR	45.00	Director	$83,999	$0	$83,999
MICHAEL HENRY	CHAIRMAN	1.00	Director	$0	$0	$0
VALERIE BARABAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRIS WILLIAMS	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
BETTINA GARDELLES	BOARD MEMBER	1.00	Director	$0	$0	$0
AURAGNI JEANSON	BOARD MEMBER	1.00	Director	$0	$0	$0
YVONAMOR PALIX	BOARD MEMBER	1.00	Director	$0	$0	$0
ALEXANDER ADOTEVI	BOARD MEMBER	1.00	Director	$0	$0	$0
NIKKI SUAREZ	BOARD MEMBER	1.00	Director	$0	$0	$0
THIERRY SIMIEN	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT LATULIPE	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL FLORES	BOARD MEMBER	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
2023	$329,894	$385,909	$90,837	$-56,015
2022	$373,186	$272,858	$146,852	$100,328
2021	$143,437	$188,187	$46,524	$-44,750
2020	$236,313	$206,580	$91,274	$29,733
2019	$289,290	$367,787	$61,541	$-78,497
2018	$309,293	$277,669	$140,038	$31,624

TEXAN-FRENCH ALLIANCE FOR THE ARTS