Inspire Artistic Minds

🔒

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

2012

Legal Domicile

Principal Officer

Robert Navarro

Phone

7146738117

Tax Period

2018-01-01 to 2018-12-31

Inspire Artistic Minds, founded in 2012, is a micro nonprofit that reported $26K in total revenue in fiscal year 2018. Expenses of $38K exceeded revenue, resulting in a 47% operating deficit.

Mission

Inspire Artistic Minds is a nonprofit corporation organized and operated exclusively for charitable purposes. Specifically, this organization has been formed to educate the public on subjects useful to the individual and beneficial to the conununity and to promote the arts and culture. Our organization has designed and developed one (1) program in furtherance of our purposes.

Program Service Accomplishments

Program 1

Expenses: $30,703 Revenue: $25,994

This charitable organization provides opportunity scholarships and educational experiences to advance the arts in the areas of taste, sight and sound, with a strong focus in the food and beverage...

This charitable organization provides opportunity scholarships and educational experiences to advance the arts in the areas of taste, sight and sound, with a strong focus in the food and beverage industry. IAM encourages the growth of local economy, strengthens small business, and builds up the passionate individuals in varying creative industries.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $25,994

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $25,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,703

Other Expenses $38,111

TOTAL EXPENSES $38,111

Year-over-Year Comparison

	2018	2017	Change
Revenue	$25,994	$26,834	0.0%
Expenses	$38,111	$9,400	+3.1%
Net Income	$-12,117	$17,434	-1.7%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Robert Navarro	President	Officer	$0	$0	$0
Leonard Chan	Vice President	Officer	$0	$0	$0
Geoff Kutnick	Treasurer	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
2018	$25,994	$38,111	$157	$-12,117