Cherry Orchard Festival Foundation Corp (EIN 460858877) - 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

Maria Shclover

Phone

8003490021

Tax Period

2023-01-01 to 2023-12-31

Cherry Orchard Festival Foundation Corp, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $419K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $748K exceeded revenue, resulting in a 78% operating deficit.

Mission

To introduce and promote global cultural activity and exchange of ideas, aiming to enlighten and engage audiences through educational programs and 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $37,032

Program Service Revenue $381,812

Investment Income $86

Other Revenue $0

TOTAL REVENUE $418,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $235,396

Fundraising Expenses $23,500

Program Expenses $585,977

Other Expenses $512,256

TOTAL EXPENSES $747,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$418,930	$634,353	-0.3%
Expenses	$747,652	$679,683	+0.1%
Net Income	$-328,722	$-45,330	+6.3%

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

$218,668

Total Directors

$218,668

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Maria Shclover	Chairman	30.00	Officer Director	$109,334	$0	$109,334
IRINA SHABSHIS	Secretary	30.00	Officer Director	$109,334	$0	$109,334
Inga Tuluca	Director	1.00	Director	$0	$0	$0
DASHA KOROL	Vice Chair	1.00	Officer Director	$0	$0	$0
CHARLES J DISHIAN	Director	1.00	Director	$0	$0	$0
Mikhail Tartakovsky	Director	1.00	Director	$0	$0	$0
Robert Leibholz	Director	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	No data	No data	No data	No data
2023	$418,930	$747,652	$340,382	$-328,722
2022	$634,353	$679,683	$664,446	$-45,330
2021	$831,128	$474,562	$1,158,770	$356,566
2019	$734,208	$804,011	$507,539	$-69,803
2018	$1,557,130	$1,202,470	$599,562	$354,660

Cherry Orchard Festival Foundation Corp