RX ART INC (EIN 364375632) - 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

2000

Legal Domicile

Principal Officer

DIANE BROWN

Phone

2122608797

Tax Period

2023-07-01 to 2024-06-30

RX ART INC, founded in 2000, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $521K, a strong 30% operating margin.

Mission

TO IMPROVE THE AESTHETIC ENVIRONMENT IN HOSPITAL ROOMS BY BUYING EXHIBITION-QUALITY WORKS.

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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 $1,257,806

Program Service Revenue $0

Investment Income $208,157

Other Revenue $270,824

TOTAL REVENUE $1,736,787

Expense Breakdown

Grants Paid $800

Salaries & Benefits $506,423

Fundraising Expenses $250,058

Program Expenses $746,672

Other Expenses $708,290

TOTAL EXPENSES $1,215,513

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,736,787	$1,139,223	+0.5%
Expenses	$1,215,513	$885,313	+0.4%
Net Income	$521,274	$253,910	+1.1%

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

$206,818

Total Directors

$206,818

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE BROWN	PRESIDENT	40.00	Officer Director	$200,750	$6,068	$206,818
MICHAEL LAVEN	DIRECTOR/TREASURER	2.00	Officer Director	$0	$0	$0
CYNTHIA ZABEL	SECRETARY	1.00	Officer Director	$0	$0	$0
DERRICK ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
NEIL BLUMENTHAL	DIRECTOR	1.00	Director	$0	$0	$0
GLORI COHEN	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN DAVIS MD	DIRECTOR, THRU SEP. 2023	1.00	Director	$0	$0	$0
HEATHER HASSON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID LENHARDT	DIRECTOR	1.00	Director	$0	$0	$0
NANCY OLNICK	DIRECTOR	1.00	Director	$0	$0	$0
ROB M PRUITT	DIRECTOR	1.00	Director	$0	$0	$0
TJ PARKER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS SALGARDO	DIRECTOR	1.00	Director	$0	$0	$0
DAVID WYMAN	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	No data	No data	No data	No data
2024	$1,736,787	$1,215,513	$4,605,006	$521,274
2023	$1,139,223	$885,313	$4,030,096	$253,910
2022	$1,157,984	$694,869	$3,740,542	$463,115
2021	$1,328,845	$686,981	$3,387,846	$641,864
2020	$1,051,634	$962,919	$3,630,592	$88,715
2020	$993,447	$962,919	$3,630,592	$30,528
2019	$1,302,479	$977,194	$3,479,123	$325,285
2019	$1,291,303	$977,194	$3,479,123	$314,109

RX ART INC