EMPOWER YOUTH IN THE PERFORMING ARTS INC (EIN 453131752) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

LINDA GOODEN

Tax Period

2022-10-01 to 2023-09-30

EMPOWER YOUTH IN THE PERFORMING ARTS INC, founded in 1980, is a small nonprofit in the Arts, Culture & Humanities sector that reported $367K in total revenue in fiscal year 2017. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE QUALITY MUSIC EDUCATION FOR YOUTH IN THE SOUTHEAST.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $572,906

Investment Income $0

Other Revenue $0

TOTAL REVENUE $572,906

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,741

Program Expenses $547,844

Other Expenses $587,372

TOTAL EXPENSES $587,372

Year-over-Year Comparison

	2022	2021	Change
Revenue	$572,906	$380,362	+0.5%
Expenses	$587,372	$411,289	+0.4%
Net Income	$-14,466	$-30,927	-0.5%

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

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
KEN AUSTIN	PRESIDENT	N/A	Director	$0	$0	$0
JAMES DEES	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS GOLDSCHMIDT	SECRETARY	N/A	Director	$0	$0	$0
CHIP HANSEN	DIRECTOR	N/A	Director	$0	$0	$0
JEREMY JOHNSON	VICE PRESIDE	N/A	Director	$0	$0	$0
MELISSA LAVEY	DIRECTOR	N/A	Director	$0	$0	$0
TONY LAVEY	PRESIDENT	N/A	Director	$0	$0	$0
LINDA GOODEN	TREASURER	N/A	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
2023	$572,906	$587,372	$17,787	$-14,466
2022	$380,362	$411,289	$32,262	$-30,927
2019	$461,873	$487,953	$34,857	$-26,080
2018	$366,855	$391,827	$50,553	$-24,972

EMPOWER YOUTH IN THE PERFORMING ARTS INC