Nashville, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HEALING ARTS PROJECT INC, founded in 2004, is a small nonprofit in the Mental Health sector that reported $243K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.
To provide artist opportunities to persons in mental health and substance abuse recovery
It was an exceptional year for HAPI as we achieved significant milestones under the grant. We conducted art classes at 22 different sites, both virtually and in person, totaling 275 classes and 598...
It was an exceptional year for HAPI as we achieved significant milestones under the grant. We conducted art classes at 22 different sites, both virtually and in person, totaling 275 classes and 598 participants. Additionally, we supported 115 independent artists on our artist support list, all of whom are underserved Tennesseans recovering from mental health and substance use disorders. HAPI also facilitated 212 classes at four separate sites, engaging a total of 680 artists. We collaborated on three beautiful murals with the help of art participants in the Middle Tennessee region. Since COVID-19, our numbers have decreased in some centers, so we are strategically considering either combining sites with low attendance or reaching out to agencies with individuals on the waiting list who could benefit from HAPI services. We are actively seeking new venues to exhibit art and successfully showcased 198 original art pieces created by 144 artists this year. Overall, HAPI operated at 23 sites, taught 275 art classes, and engaged 719 unduplicated artists, incorporating participation from art classes, independent artists, and those featured in our exhibits. We were also fortunate to receive contributions from several out-of-state corporate organizations looking to give back.
The HAPI programs and exhibitions were created to support artists and showcase their work across Tennessee. The staff curated, installed, managed, and promoted the exhibitions, which were viewed by...
The HAPI programs and exhibitions were created to support artists and showcase their work across Tennessee. The staff curated, installed, managed, and promoted the exhibitions, which were viewed by over 3000 people.
Outreach, HAPI staff were engaged with the community through various means. Attending art shows, health festivals, conferences etc.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $242,845 | $257,976 | -0.1% |
| Expenses | $239,461 | $266,256 | -0.1% |
| Net Income | $3,384 | $-8,280 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Lynece BentonStewart | Executive Director | 35 |
Highest
|
$51,820 | $0 | $51,820 |
| Molly BombardiMount | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Evelyn Yeargin | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Kelly Dorsey | Board Member | 0.35 |
Director
|
$0 | $0 | $0 |
| Joshua Gregory | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| James Waller | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Bers | Board Member | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Leann Crawford | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Alondra Soto | Board of Director | 0.5 |
Director
|
$0 | $0 | $0 |
| Mary Linden Salter | Chair | 1 |
Officer
|
$0 | $0 | $0 |
| Claudia Bonnyman | Vice Chair | 1 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $242,845 | $239,461 | $15,111 | $3,384 |
| 2024 | $257,976 | $266,256 | $-2,420 | $-8,280 |
| 2023 | $197,837 | $198,783 | $36,723 | $-946 |
| 2022 | $223,487 | $213,459 | $66,704 | $10,028 |
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