Zenith Community Arts Foundation (EIN 364385716) - 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

1990

Legal Domicile

Principal Officer

Margery Goldberg

Phone

2027838005

Tax Period

2024-01-01 to 2024-12-31

Zenith Community Arts Foundation, founded in 1990, is a small nonprofit in the Environment sector that reported $174K in total revenue in fiscal year 2024. Expenses of $257K exceeded revenue, resulting in a 47% operating deficit.

Mission

Arts Education to benefit the local DC area community primaryily in the underserved communities.

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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 $165,016

Program Service Revenue $0

Investment Income $0

Other Revenue $8,980

TOTAL REVENUE $173,996

Expense Breakdown

Grants Paid $15,766

Salaries & Benefits $157,561

Fundraising Expenses $0

Program Expenses $206,229

Other Expenses $83,187

TOTAL EXPENSES $256,514

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,996	N/A	N/A
Expenses	$256,514	N/A	N/A
Net Income	$-82,518	N/A	N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Micah Salb	Board Member	2.00	Director	$0	$0	$0
Kevin Hughes	Board Member	2.00	Director	$0	$0	$0
Deatrice Simpson	Board Member	2.00	Director	$0	$0	$0
John Jones	Board Member	2.00	Director	$0	$0	$0
Mel Hardy	Board Member	2.00	Director	$0	$0	$0
Margery Goldberg	Executive Director	40.00	Officer	$0	$0	$0
Carol Petrie	President	2.00	Officer	$0	$0	$0
Nancy Nesvet	VPSecretary	2.00	Officer	$0	$0	$0
Leroy Nesbitt	Treasurer	2.00	Officer	$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	$173,996	$256,514	$431,500	$-82,518
2023	$357,693	$216,088	$515,230	$141,605
2022	$204,171	$192,515	$370,783	$11,656
2021	$190,433	$246,780	$361,632	$-56,347
2020	$297,471	$58,304	$418,978	$239,167

Zenith Community Arts Foundation