EASTERN OPERA CORP (EIN 454333621) - 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

2013

Legal Domicile

Principal Officer

KAROLE LEWIS

Phone

3474008567

Tax Period

2019-01-01 to 2019-12-20

EASTERN OPERA CORP, founded in 2013, is a micro nonprofit that reported $13K in total revenue in fiscal year 2019. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $27K exceeded revenue, resulting in a 100% operating deficit.

Mission

TO PRESENT THE PEOPLE OF NEW JERSEY THE FINEST OF GRAND OPERA AND LIGHT OPERA; TO GIVE TRAINING AND EXPERIENCE TO MUSICALLY TALENTED INDIVIDUALS WITHIN THE STATE OF NEW JERSEY AND ADJACENT TO NEW JERSEY THROUGH PARTICIATION AND PRODUCTIONS AND PERFORMANCE OF OPERATIC THEATER WORKS; TO EDUCATE BOTH THE PARTICIPANTS AND THE PUBLIC ABOUT OPERATIC MUSIC AND TO PROMOTE THE ENJOYMENT OF AND TO SPONSOR THE PERFORMANCE OF OPERATIC COMPOSITIONS; AND TO GIVE STRENGTH AND SUPPORT TO THE SALE OF TICKETS AND ASSISTANCE IN MONEY RAISING PROJECTS IN SUPPORT OF EASTERN OPERA CORP.

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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 (2019)

Revenue Breakdown

Contributions & Grants $9,800

Program Service Revenue $3,499

Investment Income $0

Other Revenue $0

TOTAL REVENUE $13,299

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,083

Other Expenses $26,664

TOTAL EXPENSES $26,664

Year-over-Year Comparison

	2019	2018	Change
Revenue	$13,299	$22,807	-0.4%
Expenses	$26,664	$22,217	+0.2%
Net Income	$-13,365	$590	-23.7%

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
KAROLE LEWIS	PRESIDENT	5.00	Director	$0	$0	$0
PETER LEWIS	VICE PRESIDENT	5.00	Director	$0	$0	$0
ROBERT BUTTS	TREASURER	5.00	Director	$0	$0	$0
NANCY CONNELL	SECRETARY	5.00	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
2019	$13,299	$26,664	No data	$-13,365
2018	$22,807	$22,217	$13,365	$590

EASTERN OPERA CORP