TheGifted Arts Inc (EIN 452650004) - 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

2011

Legal Domicile

Principal Officer

Clarence Morgan III

Phone

9198125222

Tax Period

2025-01-01 to 2025-12-31

TheGifted Arts Inc, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $407K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Expenses of $469K exceeded revenue, resulting in a 15% operating deficit.

Mission

Our Mission is to transform the lives of youth through culturally responsive art and dismanlting systems of oppression with and through our art We envision a world where young people have the tools they need to successfully navigate life obstacles and ultimately embrace their gifts and purpose.

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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 (2025)

Revenue Breakdown

Contributions & Grants $333,806

Program Service Revenue $73,120

Investment Income $75

Other Revenue $0

TOTAL REVENUE $407,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $275,453

Fundraising Expenses $0

Program Expenses $304,284

Other Expenses $193,519

TOTAL EXPENSES $468,972

Year-over-Year Comparison

	2025	2024	Change
Revenue	$407,001	$439,152	-0.1%
Expenses	$468,972	$427,847	+0.1%
Net Income	$-61,971	$11,305	-6.5%

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

$199,217

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Wanda Lassiter	Board Treasurer	2.00	Officer Director	$0	$0	$0
Elliot Brody	Board Member	2.00	Director	$0	$0	$0
Rafik Keith	Board Chair	2.00	Officer Director	$0	$0	$0
Bree Carnes	Board Member	2.00	Director	$0	$0	$0
Nichole Morgan	Founder, CEO	40.00	Officer	$99,846	$6,484	$106,330
Clarence Morgan III	Founder, COO	40.00	Officer	$82,346	$10,541	$92,887

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	$407,001	$468,972	$335,569	$-61,971
2024	$439,152	$427,847	$117,926	$11,305
2023	$377,700	$454,039	$84,728	$-76,339
2022	$455,112	$332,750	$161,067	$122,362
2021	$220,376	$254,448	$38,705	$-34,072

TheGifted Arts Inc