PROFESSIONAL PERFORMING ARTS SCHOO… - Form 990 Financial Data

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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

Principal Officer

RUTH HAWKINS

Phone

2122478652

Tax Period

2024-07-01 to 2025-06-30

PROFESSIONAL PERFORMING ARTS SCHOOL PARENT TEACHER ASSOCIATION INC, founded in 2013, is a small nonprofit in the Education sector that reported $219K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $203K left a modest 7% surplus.

Mission

PPAS PTA SUPPORTS THE MISSION OF THE PROFESSIONAL PERFORMING ARTS SCHOOL BY RAISING FUNDS TO PAY FOR A PORTION OF THE PROFESSIONAL EDUCATIONAL SERVICES ALLOCABLE TO THE PERFORMING ARTS CURRICULUM AND TO PROVIDE PERFORMANCE OPPORTUNITIES FOR PPAS STUDENTS.

Program Service Accomplishments

Program 1

Expenses: $175,710 Revenue: $179,032

TO PROVIDE PERFORMING OPPORTUNITIES TO ENTHUSIASTIC ARTISTS IN VARIOUS FIELDS OF PERFORMING ARTS THAT INCLUDE, BUT NOT LIMITED TO, MUSIC, DANCE, AND DRAMA.

Program 2

Expenses: $23,567

ANNUAL GALA FOR STUDENTS AND PARENTS TO CELEBRATE ACADEMIC ACHIEVEMENTS.

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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 $38,521

Program Service Revenue $179,032

Investment Income $1,521

Other Revenue $0

TOTAL REVENUE $219,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,783

Other Expenses $202,864

TOTAL EXPENSES $202,864

Year-over-Year Comparison

	2024	2023	Change
Revenue	$219,074	$330,586	-0.3%
Expenses	$202,864	$265,364	-0.2%
Net Income	$16,210	$65,222	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA BOSCHETTI	TREASURER	4.00	Officer	$0	$0	$0
RAVEN CATLIN	CO-PRESIDENT	6.00	Officer	$0	$0	$0
RUTH HAWKINS	CO-PRESIDENT	6.00	Officer	$0	$0	$0
NEAL SOFGE	RECORDING SE	2.00	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
2025	$219,074	$202,864	$223,827	$16,210
2024	No data	No data	No data	No data

PROFESSIONAL PERFORMING ARTS SCHOOL PARENT TEACHER ASSOCIATION INC