CIVIC BALLET OF VOLUSIA COUNTY INC (EIN 593371432) - 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

1996

Legal Domicile

Principal Officer

ASYA HANDEL

Phone

3863080540

Tax Period

2024-07-01 to 2025-06-30

CIVIC BALLET OF VOLUSIA COUNTY INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $108K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $17K, a strong 16% operating margin.

Mission

THE MISSION OF THE BALLET IS TO PROVIDE AND PROMOTE THE ART OF BALLET AND OTHER DANCE FORMS IN THE VOLUSIA COUNTY AREA THROUGH PRIVATE AND PUBLIC PERFORMANCES.THE EMPHASIS IS ON THE DEVELOPMENT OF BALLET FOR CHILDREN.THE ORGANIZATION ATTRACTS INDIVIDUALS AND PERFORMING COMPANIES TO THE AREA IN ORDER TO PROVIDE THE HIGHEST LEVEL OF DANCE AVAILABLE THEREBY, NURTURING COMMUNITY APPRECIATION OF AND INVOLVEMENT IN THE BALLET.

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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 $0

Program Service Revenue $97,483

Investment Income $172

Other Revenue $9,893

TOTAL REVENUE $107,548

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $85,496

Other Expenses $90,715

TOTAL EXPENSES $90,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$107,548	$96,570	+0.1%
Expenses	$90,715	$91,484	0.0%
Net Income	$16,833	$5,086	+2.3%

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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
NELLY DROZNIN	PRESIDENT	5.00	Officer Director	$0	$0	$0
NICOLE GILLESPIE	DIRECTOR	5.00	Officer Director	$0	$0	$0
ASYA HANDEL	TREASURER	10.00	Officer Director	$0	$0	$0
ROBIN HUTCHESON	SECRETARY	5.00	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	$107,548	$90,715	$241,232	$16,833
2024	$96,570	$91,484	$224,399	$5,086
2023	$116,403	$84,121	$219,313	$32,282
2022	$109,800	$75,151	$187,031	$34,649
2021	$63,844	$76,166	$152,382	$-12,322
2020	$106,190	$77,829	$164,704	$28,361
2019	$95,674	$82,017	$136,343	$13,657

CIVIC BALLET OF VOLUSIA COUNTY INC