ORCHESTRA PLACE RENEWAL PARTNERSHIP (EIN 383277549) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

ANNE PARSONS

Phone

3135765100

Tax Period

2020-09-01 to 2021-08-31

ORCHESTRA PLACE RENEWAL PARTNERSHIP, founded in 1996, is a small nonprofit that reported $700K in total revenue in fiscal year 2020. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $845K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE SUPPORT AND ASSISTANCE TO ORGANIZATIONS PRIMARILY SERVING THE DETROIT AREA IN THE FIELDS OF ARTS AND CULTURE, ESPECIALLY WHERE SUCH ORGANIZATIONS MAINTAIN FACILITIES IN AREAS CHARACTERIZED BY POVERTY, UNEMPLOYMENT AND DISTRESS; TO PROVIDE RELIEF FROM PERVASIVE POVERTY, UNEMPLOYMENT AND GENERAL DISTRESS IN AREAS OF THE CITY OF DETROIT THAT ARE INCLUDED WITHIN THE EMPOWERMENT ZONE DESIGNATED PURSUANT TO 26 USC SECTION 1391; AND TO ALLEVIATE CONDITIONS OF POVERTY AND COMMUNITY DETERIORATION AND TO PROVIDE ASSISTANCE TO GOVERNMENTAL UNITS SEEKING TO PURSUE THOSE SAME GOALS WITHIN THAT SAME AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $700,372

Investment Income $0

Other Revenue $0

TOTAL REVENUE $700,372

Expense Breakdown

Grants Paid $344,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $819,263

Other Expenses $499,903

TOTAL EXPENSES $844,603

Year-over-Year Comparison

	2020	2019	Change
Revenue	$700,372	$930,365	-0.2%
Expenses	$844,603	$1,232,861	-0.3%
Net Income	$-144,231	$-302,496	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$390,551

Total Directors

$390,551

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNE PARSONS	SECRETARY	2.00	Officer Director	$0	$35,210	$390,551
ARTHUR O'REILLY	PRESIDENT	1.00	Officer Director	$0	$0	$0
FAYE NELSON	TREASURER	1.00	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
2021	$700,372	$844,603	No data	$-144,231
2020	$930,365	$1,232,861	$3,741,891	$-302,496
2019	$1,083,548	$1,336,797	$4,007,756	$-253,249

ORCHESTRA PLACE RENEWAL PARTNERSHIP