POWERHOUSE CENTER ON THE BULL RUN INCORPORATED (EIN 461688962) - 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

2010

Legal Domicile

Principal Officer

Richard Michaelson

Phone

5032275000

Tax Period

2022-01-01 to 2022-12-31

POWERHOUSE CENTER ON THE BULL RUN INCORPORATED, founded in 2010, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $61K in total revenue in fiscal year 2022. Expenses of $101K exceeded revenue, resulting in a 64% operating deficit.

Mission

To preserve the Bull Run Powerhouse and use it as a creative, recreational, and education center for learning about the past.

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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 (2022)

Revenue Breakdown

Contributions & Grants $53,997

Program Service Revenue $7,500

Investment Income $1

Other Revenue $0

TOTAL REVENUE $61,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,911

Other Expenses $101,041

TOTAL EXPENSES $101,041

Year-over-Year Comparison

	2022	2021	Change
Revenue	$61,498	$64,625	0.0%
Expenses	$101,041	N/A	N/A
Net Income	$-39,543	$64,625	-1.6%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Schoomaker	President	2.00	Officer	$0	$0	$0
Max Brunke	Secretary	1.00	Officer	$0	$0	$0
Richard Michaelson	Tresurer	2.00	Officer	$0	$0	$0
Jeff Joslin	Board Member	1.00	Director	$0	$0	$0
Bill Welch	Board Member	2.00	Director	$0	$0	$0
Karen Karlsson	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
2022	$61,498	$101,041	$1,358,979	$-39,543
2021	$64,625	$69,007	$1,366,562	$-4,382

POWERHOUSE CENTER ON THE BULL RUN INCORPORATED