Fine Art Miracles Inc (EIN 460619638) - 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

2012

Legal Domicile

Principal Officer

Tess Lojacono

Phone

4124329559

Tax Period

2024-01-01 to 2024-12-31

Fine Art Miracles Inc, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $351K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $392K exceeded revenue, resulting in a 12% operating deficit.

Mission

Fine Arts Needs to Special Needs People.

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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 (2024)

Revenue Breakdown

Contributions & Grants $62,868

Program Service Revenue $277,807

Investment Income $9,564

Other Revenue $685

TOTAL REVENUE $350,924

Expense Breakdown

Grants Paid $0

Salaries & Benefits $194,134

Fundraising Expenses $0

Program Expenses $392,302

Other Expenses $187,239

TOTAL EXPENSES $392,302

Year-over-Year Comparison

	2024	2023	Change
Revenue	$350,924	$431,170	-0.2%
Expenses	$392,302	$303,482	+0.3%
Net Income	$-41,378	$127,688	-1.3%

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

Total Directors

$155,072

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tess Lojancono	President	65.00	Director	$77,420	$0	$77,420
Frank Lojancono	COO	40.00	Director	$77,652	$0	$77,652
Ann Greely	Tresurer	1.00	Director	$0	$0	$0
Elena Almendarez	VP/Secretary	4.00	Director	$0	$0	$0
Mary Limbacher	Board Member	1.00	Director	$0	$0	$0
Donald Goughler	Board Member	1.00	Director	$0	$0	$0
Jim Osborn	Board Member	1.00	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
2024	$350,924	$392,302	$273,304	$-41,378
2023	$431,170	$303,482	$273,769	$127,688
2022	$284,909	$241,194	$161,663	$43,715
2021	$183,163	$171,902	$116,934	$11,261
2020	$148,585	$226,684	$107,006	$-78,099
2019	$299,104	$303,555	$151,335	$-4,451
2018	$314,153	$278,160	$158,365	$35,993

Fine Art Miracles Inc