ANN ARBOR SCHOOL FOR THE PERFORMING ARTS INC (EIN 382997101) - 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

1992

Legal Domicile

Principal Officer

MARK BAILY

Phone

7342132000

Tax Period

2018-09-01 to 2019-08-31

ANN ARBOR SCHOOL FOR THE PERFORMING ARTS INC, founded in 1992, is a small nonprofit that reported $172K in total revenue in fiscal year 2018. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $204K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO NURTURE AND INSPIRE THE MUSICIAN IN ALL OF US AND TO BE ACCESSIBLE TO ALL IN THE GREATER ANN ARBOR COMMUNITY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $81,763

Program Service Revenue $90,533

Investment Income $121

Other Revenue $0

TOTAL REVENUE $172,417

Expense Breakdown

Grants Paid $21,814

Salaries & Benefits $125,091

Fundraising Expenses $15,396

Program Expenses $153,798

Other Expenses $57,416

TOTAL EXPENSES $204,321

Year-over-Year Comparison

	2018	2017	Change
Revenue	$172,417	$257,302	-0.3%
Expenses	$204,321	$184,122	+0.1%
Net Income	$-31,904	$73,180	-1.4%

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

$51,438

Total Directors

$51,438

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VAL JASKIEWICZ	CHAIR	5.00	Officer Director	$0	$0	$0
MARY JEAN RAAB	SECRETARY	5.00	Officer Director	$0	$0	$0
ELAINE SARGOUS	DIRECTOR	5.00	Director	$0	$0	$0
MARK BAILY	TREASURER	5.00	Officer Director	$0	$0	$0
DAVID GREENE	DIRECTOR	5.00	Director	$0	$0	$0
KASIA BIELAK-HOOPS	PRESIDENT	40.00	Officer Director	$51,438	$0	$51,438
LATONYA WOODS	VICE CHAIR	5.00	Officer 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
2019	$172,417	$204,321	$36,599	$-31,904
2018	$257,302	$184,122	$61,229	$73,180

ANN ARBOR SCHOOL FOR THE PERFORMING ARTS INC