DEVELOPING ARTISTS FOUNDATION INC (EIN 593033011) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

JACKIE CORNELIUS

Tax Period

2023-07-01 to 2024-06-30

DEVELOPING ARTISTS FOUNDATION INC, founded in 1988, is a small nonprofit in the Arts, Culture & Humanities sector that reported $622K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $378K, a strong 61% operating margin.

Mission

PROVIDING ARTS AND EDUCATION SUPPORT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $618,463

Program Service Revenue $0

Investment Income $3,682

Other Revenue $0

TOTAL REVENUE $622,145

Expense Breakdown

Grants Paid $55,100

Salaries & Benefits $0

Fundraising Expenses $6,000

Program Expenses $235,251

Other Expenses $189,328

TOTAL EXPENSES $244,428

Year-over-Year Comparison

	2023	2022	Change
Revenue	$622,145	$439,664	+0.4%
Expenses	$244,428	$226,555	+0.1%
Net Income	$377,717	$213,109	+0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$20,000

Total Directors

$20,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACKIE CORNELIUS	DIRECTOR	20.00	Officer Director	$20,000	$0	$20,000
ERIN V SKINNER	DIRECTOR	1.00	Director	$0	$0	$0
KAREEN DORSETT	DIRECTOR	1.00	Director	$0	$0	$0
ERIN VANCE	PRESIDENT	1.00	Director	$0	$0	$0
SALLY LEE	DIRECTOR	1.00	Director	$0	$0	$0
W C GENTRY	DIRECTOR	1.00	Director	$0	$0	$0
GARY MCCALLA	DIRECTOR	1.00	Director	$0	$0	$0
GARY MERRITT	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN GILMAN	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH KNAUER	SECRETARY	1.00	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	$622,145	$244,428	$4,073,014	$377,717
2023	$439,664	$226,555	$3,595,995	$213,109
2022	$431,843	$253,303	$3,231,354	$178,540
2021	$530,785	$213,743	$683,304	$317,042
2019	$418,406	$274,182	$309,173	$144,224
2018	$270,577	$153,608	$164,949	$116,969

DEVELOPING ARTISTS FOUNDATION INC