THE TANK CENTER FOR SONIC ARTS INC

EIN: 455620412 501(c)(3) Health Care

RANGELY, CO

Total Revenue
$129,124
Total Expenses
$124,198
Total Assets
$57,311
Net Assets
$55,124
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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
2015
Legal Domicile
CO
Principal Officer
LISA HATCH
Phone
9703682657
Tax Period
2024-01-01 to 2024-12-31

THE TANK CENTER FOR SONIC ARTS INC, founded in 2015, is a small nonprofit in the Health Care sector that reported $129K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $124K left a modest 4% surplus.

Mission

EDUCATE ON MUSIC AND COMMUNITY MUSIC EVENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $100,139
Program Service Revenue $27,953
Investment Income $0
Other Revenue $1,032
TOTAL REVENUE $129,124

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,978
Fundraising Expenses $0
Program Expenses $83,591
Other Expenses $30,220
TOTAL EXPENSES $124,198

Year-over-Year Comparison

2024 2023 Change
Revenue $129,124 $106,194 +0.2%
Expenses $124,198 $149,407 -0.2%
Net Income $4,926 $-43,213 -1.1%
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

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Governance

Voting Members
9
Independent Members
9
Employees
4
Volunteers
10

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA HATCH TREASURER 2.00
Officer Director
$0 $0 $0
JEREMIAH MOORE SECRETARY 2.00
Officer Director
$0 $0 $0
BILL BALLOU MEMBER 0.00
Director
$0 $0 $0
TOM WASINGER MEMBER 0.00
Director
$0 $0 $0
SANDY BROWN MEMBER 0.00
Director
$0 $0 $0
FOSTER BRASHER MEMBER 0.00
Director
$0 $0 $0
KIM KEITH MEMBER 0.00
Director
$0 $0 $0
HEATHER ZADRA VICE CHAIR 2.00
Officer Director
$0 $0 $0
SHERRY FINZER MEMBER 0.00
Director
$0 $0 $0
BEN GONDREZ MEMBER 0.00
Director
$0 $0 $0
LOIS LaFOND MEMBER 0.00
Director
$0 $0 $0
MATTHEW SIMONSON MEMBER 0.00
Director
$0 $0 $0
ELIZABETH WILEY MEMBER 0.00
Director
$0 $0 $0
MARK McCOIN MEMBER 0.00
Director
$0 $0 $0
BEN NEILL MEMBER 0.00
Director
$0 $0 $0
STEVE LEWIS CHAIR 2.00
Officer 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
2024 $129,124 $124,198 $57,311 $4,926
2023 $106,194 $149,407 $52,392 $-43,213
2022 $112,078 $110,612 $90,625 $1,466
2021 $206,131 $190,188 $89,148 $15,943
2020 $140,456 $143,959 $85,778 $-3,503
2019 $96,668 $96,378 $101,827 $290
2018 $67,884 $80,653 $75,572 $-12,769
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