THE SOAP FACTORY (EIN 411658987) - 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

1988

Legal Domicile

Principal Officer

ROY CLOSE

Phone

6129913322

Tax Period

2020-01-01 to 2020-12-31

THE SOAP FACTORY, founded in 1988, is a micro nonprofit that reported $44K in total revenue in fiscal year 2020. Revenue fell 60% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $43K, a strong 98% operating margin.

Mission

THE SOAP FACTORY IS A LABORATORY FOR ARTISITIC EXPERIMENTATION AND INNOVATION, DEDICIATED TO SUPPORTING ARTISTS AND ENGAGING AUDIENCES THROUGH THE PRODUCTION AND PRESENTATION OF CONTEMPORARY ART IN A UNIQUE AND HISTORIC ENVIRONMENT.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $43,864

TOTAL REVENUE $43,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,020

TOTAL EXPENSES $1,020

Year-over-Year Comparison

	2020	2019	Change
Revenue	$43,864	$110,060	-0.6%
Expenses	$1,020	$50,934	-1.0%
Net Income	$42,844	$59,126	-0.3%

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
ROY M CLOSE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
COLIN RUSCH	TREASURER	1.00	Officer Director	$0	$0	$0
ROSEMARY WILLIAMS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEVE OZONE	DIRECTOR	1.00	Director	$0	$0	$0
CAROL COOKSLEY	SECRETARY	1.00	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
2020	$43,864	$1,020	No data	$42,844
2019	$110,060	$50,934	$14,716	$59,126
2018	$68,891	$290,236	$309,594	$-221,345

THE SOAP FACTORY