ARTS BEATS & EATS FOUNDATION (EIN 383612481) - 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

2001

Legal Domicile

Principal Officer

LORI WITZ

Phone

2485417550

Tax Period

2023-01-01 to 2023-12-31

ARTS BEATS & EATS FOUNDATION, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $711K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $689K left a modest 3% surplus.

Mission

TO RAISE FUNDS TO BE DISBURSED PRIMARILY TO SOUTHEASTERN MICHIGAN SECTION 501(C)(3) CHARITIES WHILE PROMOTING CULTURAL EXCHANGES WITHIN OAKLAND COUNTY AND SOUTHEASTERN MICHIGAN

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,963

Program Service Revenue $0

Investment Income $1,163

Other Revenue $683,391

TOTAL REVENUE $710,517

Expense Breakdown

Grants Paid $375,228

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $687,373

Other Expenses $313,852

TOTAL EXPENSES $689,080

Year-over-Year Comparison

	2023	2022	Change
Revenue	$710,517	$618,975	+0.1%
Expenses	$689,080	$670,291	+0.0%
Net Income	$21,437	$-51,316	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI A WITZ	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL HUGHES	SECRETARY	0.01	Officer Director	$0	$0	$0
DANIEL J CETNAR	TREASURER	0.01	Officer Director	$0	$0	$0
HANK WINEMAN	MEMBER	0.01	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
2024	No data	No data	No data	No data
2023	$710,517	$689,080	$668,244	$21,437
2022	$618,975	$670,291	$646,807	$-51,316
2021	$707,945	$442,667	$698,123	$265,278
2020	$334,268	$428,181	$458,457	$-93,913
2019	$374,939	$452,214	$573,563	$-77,275
2018	$335,438	$454,395	$650,838	$-118,957

ARTS BEATS & EATS FOUNDATION