HAVEN ACADEMY OF THE ARTS

🔒

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

2008

Legal Domicile

Principal Officer

MARIA FERRANTE

Phone

3105044132

Tax Period

2024-08-01 to 2025-07-31

HAVEN ACADEMY OF THE ARTS, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $725K in total revenue in fiscal year 2024. Expenses of $905K exceeded revenue, resulting in a 25% operating deficit.

Mission

HAVEN ACADEMY OF THE ARTS EXISTS TO PROVIDE A QUALITY, AFFORDABLE, SAFE AFTER-SCHOOL PROGRAM THROUGH WHICH YOUTH, GRADE K-12, HAVE THE OPPORTUNITY TO DEVELOP CHARACTER AND IDENTITY BY PARTICIPATING IN THE PERFORMING AND VISUAL ARTS.

Program Service Accomplishments

Program 1

Expenses: $682,407 Revenue: $570,256

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $132,991

Program Service Revenue $570,256

Investment Income $18,503

Other Revenue $3,738

TOTAL REVENUE $725,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $403,434

Fundraising Expenses $51,424

Program Expenses $682,407

Other Expenses $501,618

TOTAL EXPENSES $905,052

Year-over-Year Comparison

	2024	2023	Change
Revenue	$725,488	$742,014	0.0%
Expenses	$905,052	$725,696	+0.2%
Net Income	$-179,564	$16,318	-12.0%

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

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

$114,828

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SYDNEY GILBERT	DIRECTOR	0.25	Director	$0	$0	$0
DEAN SWEETMAN	DIRECTOR	0.25	Director	$0	$0	$0
MARIA MADERA-GLEERUP	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON MATTHEWS	DIRECTOR	0.25	Director	$0	$0	$0
JEN MASCARI	DIRECTOR	0.25	Director	$0	$0	$0
REBEKAH KELLAWAY	CEO	40.00	Officer	$114,300	$528	$114,828
JOHN LUDWIG	SECRETARY	1.00	Officer	$0	$0	$0
MARIA FERRANTE	CFO	1.00	Officer	$0	$0	$0
SAMANTHA BARNES	PRESIDENT	1.00	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
2025	$725,488	$905,052	$255,693	$-179,564
2024	$742,014	$725,696	$439,124	$16,318
2023	$732,869	$678,161	$422,037	$54,708
2022	$544,548	$469,364	$364,737	$75,184
2021	$321,492	$224,267	$343,052	$97,225
2020	$331,978	$444,129	$226,977	$-112,151