Visual Art Exchange Inc (EIN 561287429) - 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

1980

Legal Domicile

Principal Officer

Pete Sack

Phone

9193894948

Tax Period

2024-07-01 to 2025-06-30

Visual Art Exchange Inc, founded in 1980, is a small nonprofit in the Arts, Culture & Humanities sector that reported $273K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $250K left a modest 8% surplus.

Mission

VAE produces, funds, and exhibits socially-engaged art through community collaboration.

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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 $232,887

Program Service Revenue $40,137

Investment Income $23

Other Revenue $0

TOTAL REVENUE $273,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $103,164

Fundraising Expenses $25,377

Program Expenses $203,981

Other Expenses $147,064

TOTAL EXPENSES $250,228

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,047	$243,877	+0.1%
Expenses	$250,228	$462,577	-0.5%
Net Income	$22,819	$-218,700	-1.1%

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

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
LaTissa Davis	Director	001.00	Director	$0	$0	$0
Gabie Frantz	Director	001.00	Director	$0	$0	$0
Pete Harvey	Treasurer	001.00	Officer Director	$0	$0	$0
Christina Hloros	Chair	001.00	Officer Director	$0	$0	$0
Crystal Ricevuto	Co-Chair	001.00	Officer Director	$0	$0	$0
Kulsum Tasnif	Director	001.00	Director	$0	$0	$0
Lamar Whidbee	Director	001.00	Director	$0	$0	$0
Emily Blust	Director	001.00	Director	$0	$0	$0
Daniel Culbertson	Director	001.00	Director	$0	$0	$0
Jean Grey	Co-Director	001.00	Officer Director	$0	$0	$0
Pete Sack	Co-Director	001.00	Officer 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	$273,047	$250,228	$129,330	$22,819
2024	$243,877	$462,577	$354,616	$-218,700
2023	$490,255	$395,441	$627,734	$94,814
2022	$303,641	$448,805	$240,777	$-145,164
2021	$639,000	$449,471	$382,055	$189,529
2020	$619,496	$577,301	$218,462	$42,195
2019	$537,391	$537,208	$140,626	$183

Visual Art Exchange Inc