DE STEFANO FOUNDATION FOR THE ARTS (EIN 472299858) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

CARMELO DE STEFANO

Phone

5163435069

Tax Period

2023-01-01 to 2023-12-31

DE STEFANO FOUNDATION FOR THE ARTS, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $750 in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $1K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO HELP CHILDREN FIND AND DEVELOP THEIR CREATIVE TALENTS THROUGH ART PROGRAMS. GOAL IS TO ENRICH CHILDREN'S LIVES THROUGH ART EDUCATION AND TO STIMULATE YOUNG ARTISTS IN THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $750

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,000

TOTAL EXPENSES $1,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$750	$7,500	-0.9%
Expenses	$1,000	$7,240	-0.9%
Net Income	$-250	$260	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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
ERNESTO F CESPEDES	BOARD MEMBER	N/A	Director	$0	$0	$0
ALEJANDRA S NEGRETE	BOARD MEMBER	N/A	Director	$0	$0	$0
CARMELO DE STEFANO	PRESIDENT	N/A	Officer Director	$0	$0	$0
DEYANIRA DE STEFANO	BOARD MEMBER	N/A	Director	$0	$0	$0
VITTORIO DE STEFANO	BOARD MEMBER	N/A	Director	$0	$0	$0
LAURA STEVENS	BOARD MEMBER	N/A	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
2023	$750	$1,000	$590	$-250
2022	$7,500	$7,240	$840	$260
2021	No data	$180	$580	No data
2020	No data	$360	$760	No data
2019	No data	$4,396	$1,120	No data
2018	$11,000	$1,033	$10,242	$9,967

DE STEFANO FOUNDATION FOR THE ARTS