CAMDEN FIREWORKS INCORPORATED

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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

2016

Legal Domicile

Principal Officer

ASIYAH KURTZ

Phone

8563380400

Tax Period

2024-01-01 to 2024-12-31

CAMDEN FIREWORKS INCORPORATED, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $291K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $401K exceeded revenue, resulting in a 38% operating deficit.

Mission

OFFER OPPORTUNITIES FOR UNDERSERVED COMMUNITY TO EXPERIENCE, LEARN ABOUT, AND CREATE ART PROVIDE STUDIOS FOR LOCAL ARTISTS TO COLLABORATE AND MAKE ART

Program Service Accomplishments

Program 1

Expenses: $62,092 Revenue: $8,953

COMMUNITY WORKSHOPS

Program 2

Expenses: $75,718 Revenue: $8,986

ART EXHIBITIONS

Program 3

Expenses: $2,231 Revenue: $70,504

ARTIST STUDIOS

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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 $251,003

Program Service Revenue $39,408

Investment Income $703

Other Revenue $0

TOTAL REVENUE $291,114

Expense Breakdown

Grants Paid $26,676

Salaries & Benefits $241,415

Fundraising Expenses $31,816

Program Expenses $241,218

Other Expenses $133,286

TOTAL EXPENSES $401,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$291,114	$363,657	-0.2%
Expenses	$401,377	$256,219	+0.6%
Net Income	$-110,263	$107,438	-2.0%

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

Total Directors

$89,085

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN STUKES	PRESIDENT	5.00	Officer	$0	$0	$0
MARK FROMBACH	VICE PRESIDENT	5.00	Officer	$0	$0	$0
ASIYAH KURTZ	EXECUTIVE DIRECTOR	45.00	Director Highest	$89,085	$0	$89,085
ASKIA AHMAD	MEMBER	5.00	Director	$0	$0	$0
MELISSA THOMPSON	SECRETARY	5.00	Director	$0	$0	$0
NATHANIEL WRIGHT	TREASURER	5.00	Officer Director	$0	$0	$0
MICHAEL BRUNNER	MEMBER	5.00	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
2025	No data	No data	No data	No data
2024	$291,114	$401,377	$197,049	$-110,263
2023	$363,657	$256,219	$308,572	$107,438
2022	$206,037	$191,955	$151,530	$14,082