FLOYD J MCREE THEATRE (EIN 382552387) - 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

1970

Legal Domicile

Principal Officer

CHARLES WINFREY

Phone

8107872200

Tax Period

2024-01-01 to 2024-12-31

FLOYD J MCREE THEATRE, founded in 1970, is a small nonprofit that reported $868K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

TO TELL THE AFRICAN AMERICAN STORY IN THE AFRICAN AMERICAN VOICE.

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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 $778,793

Program Service Revenue $89,139

Investment Income $0

Other Revenue $0

TOTAL REVENUE $867,932

Expense Breakdown

Grants Paid $0

Salaries & Benefits $233,260

Fundraising Expenses $30,418

Program Expenses $812,308

Other Expenses $687,203

TOTAL EXPENSES $920,463

Year-over-Year Comparison

	2024	2023	Change
Revenue	$867,932	$1,000,025	-0.1%
Expenses	$920,463	$933,286	0.0%
Net Income	$-52,531	$66,739	-1.8%

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

$68,697

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES WINFREY	EXECUTIVE DI	40.00	Officer	$68,697	$0	$68,697
LINDA BOOTH	VOTING MEMBE	N/A	Director	$0	$0	$0
NANCY EDWARDS	VOTING MEMBE	N/A	Director	$0	$0	$0
DAPHNE EPPS	VOTING MEMBE	N/A	Director	$0	$0	$0
ARTHUR EVANS	VOTING MEMBE	N/A	Director	$0	$0	$0
HEATHER KALE	VOTING MEMBE	N/A	Director	$0	$0	$0
CAREN FORDHAM KNIGHT	VOTING MEMBE	N/A	Director	$0	$0	$0
MELINDA ANDERSON	SECRETARY	N/A	Officer	$0	$0	$0
EUGENE BOWMEN	TREASURER	N/A	Officer	$0	$0	$0
SHIRLEY F HENDERSON	CHAIRPERSON	N/A	Officer	$0	$0	$0
JAMES O SHELLY PHD	VICE CHAIRPE	N/A	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	$867,932	$920,463	$324,732	$-52,531
2023	$1,000,025	$933,286	$408,716	$66,739
2022	$825,565	$822,566	$383,378	$2,999
2021	$750,052	$749,430	$399,343	$622
2020	$542,231	$514,790	$261,905	$27,441

FLOYD J MCREE THEATRE