Highlands Art League Inc (EIN 591211648) - 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

1967

Legal Domicile

Phone

8633856682

Tax Period

2022-01-01 to 2022-12-31

Highlands Art League Inc, founded in 1967, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $95K in total revenue in fiscal year 2022. Revenue surged 73% from the prior year, signaling strong growth momentum. Expenses of $92K left a modest 4% surplus.

Mission

To promote the arts in the community

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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 (2022)

Revenue Breakdown

Contributions & Grants $65,845

Program Service Revenue $29,185

Investment Income $9

Other Revenue $0

TOTAL REVENUE $95,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,948

Fundraising Expenses $13,676

Program Expenses $67,466

Other Expenses $63,569

TOTAL EXPENSES $91,517

Year-over-Year Comparison

	2022	2021	Change
Revenue	$95,039	$55,060	+0.7%
Expenses	$91,517	$69,985	+0.3%
Net Income	$3,522	$-14,925	-1.2%

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

$3,720

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marcia Davis	Treasurer	5.00	Officer	$3,720	$0	$3,720
Jean Cormier	Director	0.67	Director	$0	$0	$0
Darian Dumont	Director	0.67	Director	$0	$0	$0
Gloria Peters	Director	0.67	Director	$0	$0	$0
Deb Klipper	Secretary	0.67	Officer	$0	$0	$0
Larry Felder	President	0.67	Officer	$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
2022	$95,039	$91,517	$119,121	$3,522
2020	$44,693	$80,645	$139,653	$-35,952
2019	$71,824	$115,038	$179,946	$-43,214
2018	$103,825	$112,119	$222,383	$-8,294
2017	$228,988	$115,548	$231,446	$113,440

Highlands Art League Inc