AFRICAN AMERICAN ATELIER INC (EIN 561721902) - 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

1990

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

AFRICAN AMERICAN ATELIER INC, founded in 1990, is a small nonprofit in the Unknown sector that reported $103K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $120K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROVIDE A SETTING FOR BOTH THE ARTIST AND THE PUBLIC TO COME TOGETHER AND PURSUE AN INTEREST IN AFRICAN AMERICAN ART.

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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 $102,415

Program Service Revenue $475

Investment Income $0

Other Revenue $0

TOTAL REVENUE $102,890

Expense Breakdown

Grants Paid $671

Salaries & Benefits $94,376

Fundraising Expenses $0

Program Expenses $119,677

Other Expenses $24,630

TOTAL EXPENSES $119,677

Year-over-Year Comparison

	2023	2022	Change
Revenue	$102,890	$121,964	-0.2%
Expenses	$119,677	$91,629	+0.3%
Net Income	$-16,787	$30,335	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JUDY WILSON	DIRECTOR	Director	$0	$0	$0
JAMES BARNHILL	DIRECTOR	Director	$0	$0	$0
HAZEL G JOHNSON	DIRECTOR	Director	$0	$0	$0
MARLA MILLS SPRUILL	DIRECTOR	Director	$0	$0	$0
MARVETTE ALDRICH	DIRECTOR	Director	$0	$0	$0
MANUEL DUDLEY	DIRECTOR	Director	$0	$0	$0
ANDRENA COLEMAN	DIRECTOR	Director	$0	$0	$0
ALMA ADAMS	DIRECTOR	Director	$0	$0	$0
DARLENE MCCLINTON	DIRECTOR	Director	$0	$0	$0
LATASHA GRAVELY	SECRETARY	Officer Director	$0	$0	$0
BETTYE YOUNG-STEWART	PRESIDENT	Officer Director	$0	$0	$0
JOSEPH JOHNSON	VICE PRESIDENT	Officer Director	$0	$0	$0
ERESTERINE GUIDRY	TREASURER	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
2024	$102,890	$119,677	$26,818	$-16,787
2023	$121,964	$91,629	$43,559	$30,335
2022	$81,207	$81,616	$12,119	$-409
2021	$64,853	$76,052	$13,072	$-11,199
2020	$70,508	$70,794	$24,042	$-286
2019	$66,584	$69,492	$15,349	$-2,908
2018	$68,046	$71,496	$18,276	$-3,450

AFRICAN AMERICAN ATELIER INC