FATVillage Arts Distirict Inc

EIN: 461566210 501(c)(3) Arts, Culture & Humanities

Fort Lauderdale, FL

Total Revenue
$5,540
Total Expenses
$33,780
Total Assets
$27,769
Net Assets
$-48,039
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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
FL
Tax Period
2020-01-01 to 2020-12-31

FATVillage Arts Distirict Inc, founded in 2013, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $6K in total revenue in fiscal year 2020. Expenses of $34K exceeded revenue, resulting in a 510% operating deficit.

Mission

Arts District for Artists

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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 (2020)

Revenue Breakdown

Contributions & Grants $5,540
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,540

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,000
Fundraising Expenses $0
Program Expenses $15,956
Other Expenses $23,780
TOTAL EXPENSES $33,780

Year-over-Year Comparison

2020 2019 Change
Revenue $5,540 N/A N/A
Expenses $33,780 N/A N/A
Net Income $-28,240 N/A N/A
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
4
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Neil Ramsay Director 0.00
Director
$0 $0 $0
Lutz Hofbauer Director 0.00
Director
$0 $0 $0
Douglas McCraw Director 0.00
Director
$0 $0 $0
Idania Jolie Treasurer 0.00
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
2020 $5,540 $33,780 $27,769 $-28,240
2018 $78,448 $153,499 $16,568 $-75,051
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