NEWTON FINE ARTS ASSOCIATION INC (EIN 480895779) - 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

1979

Legal Domicile

Principal Officer

JURIS KRIEVINS

Phone

3162842749

Tax Period

2023-01-01 to 2023-12-31

NEWTON FINE ARTS ASSOCIATION INC, founded in 1979, is a small nonprofit that reported $150K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $130K left a modest 14% surplus.

Mission

CELEBRATE THE POWER OF ART TO SPARK THE IMAGINATION, TO ENLIGHTEN THOUGHT, AND TO PROVIDE ENJOYMENT AS WE STRIVE TO INTEGRATE ART INTO THE LIVES OF CITIZENS OF ALL AGES THROUGHOUT SOUTH CENTRAL KANSAS

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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 (2023)

Revenue Breakdown

Contributions & Grants $115,397

Program Service Revenue $29,433

Investment Income $3,672

Other Revenue $1,943

TOTAL REVENUE $150,445

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $60,175

Fundraising Expenses $6,440

Program Expenses $79,295

Other Expenses $68,809

TOTAL EXPENSES $129,984

Year-over-Year Comparison

	2023	2022	Change
Revenue	$150,445	$175,839	-0.1%
Expenses	$129,984	$125,272	+0.0%
Net Income	$20,461	$50,567	-0.6%

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

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

$37,769

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JURIS KRIEVINS	PRESIDENT	5.00	Officer Director	$0	$0	$0
TRACI FLORES-SUDERMAN	VICE-PRESIDENT	5.00	Officer Director	$0	$0	$0
DIANE SORENSEN	SECRETARY	5.00	Officer Director	$0	$0	$0
LINDA HWA DAVIS	TREASURER	5.00	Officer Director	$0	$0	$0
ROSA BARRERA	BOARD	2.00	Director	$0	$0	$0
AARON JACKSON BOWMAN	BOARD	2.00	Director	$0	$0	$0
GLEN EDIGER	BOARD	2.00	Director	$0	$0	$0
MARY GOERING	BOARD	2.00	Director	$0	$0	$0
PHIL JACKSON	BOARD	2.00	Director	$0	$0	$0
THOMAS MCCABE	BOARD	2.00	Director	$0	$0	$0
RODGER NUGENT	BOARD	2.00	Director	$0	$0	$0
VIRGIL PENNER	BOARD	2.00	Director	$0	$0	$0
CHARLES ROBINSON	BOARD	2.00	Director	$0	$0	$0
ERIN BAILEY SCHMIDT	BOARD	2.00	Director	$0	$0	$0
DIANA TORLINE	BOARD	2.00	Director	$0	$0	$0
MARY LEE-MCDONALD	DIRECTOR	25.00	Officer	$37,769	$0	$37,769

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
2024	No data	No data	No data	No data
2023	$150,445	$129,984	$619,032	$20,461
2022	$175,839	$125,272	$584,837	$50,567
2021	$270,216	$112,069	$552,173	$158,147

NEWTON FINE ARTS ASSOCIATION INC