Van Gogh's Palette Inc

EIN: 593720139 501(c)(3) Employment

Hudson, FL

Total Revenue
$1,956,313
Total Expenses
$1,923,158
Total Assets
$3,394,488
Net Assets
$2,867,855
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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
2001
Legal Domicile
FL
Principal Officer
Karis Kaeser
Phone
7275410359
Tax Period
2024-07-01 to 2025-06-30

Van Gogh's Palette Inc, founded in 2001, is a community nonprofit in the Employment sector that reported $2.0M in total revenue in fiscal year 2024.

Mission

Vincent House is a community of people working toward a common goal to support individuals living with the effects of a mental illness.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,788,578
Program Service Revenue $40,932
Investment Income $117,595
Other Revenue $9,208
TOTAL REVENUE $1,956,313

Expense Breakdown

Grants Paid $1,227
Salaries & Benefits $1,166,426
Fundraising Expenses $29,040
Program Expenses $1,577,826
Other Expenses $755,505
TOTAL EXPENSES $1,923,158

Year-over-Year Comparison

2024 2023 Change
Revenue $1,956,313 $1,817,288 +0.1%
Expenses $1,923,158 $2,136,529 -0.1%
Net Income $33,155 $-319,241 -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

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Governance

Voting Members
16
Independent Members
16
Employees
26
Volunteers
20

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
4
$116,969
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Ballenger Board Member 1.00
Director
$0 $0 $0
Denise McCabe Board Member 1.00
Director
$0 $0 $0
Bill Mischler Board Member 1.00
Director
$0 $0 $0
Peter Kennedy Board Member 1.00
Director
$0 $0 $0
Dorene Thomas Board Member 1.00
Director
$0 $0 $0
Dianne Steele Board Member 1.00
Director
$0 $0 $0
John Posey Board Member 1.00
Director
$0 $0 $0
Toni Roach Board Member 1.00
Director
$0 $0 $0
Shahra Lambert Board Member 1.00
Director
$0 $0 $0
John Ehlenbeck Board Member 1.00
Director
$0 $0 $0
Martin Greif Board Member 1.00
Director
$0 $0 $0
Brian Hoben Board Member 1.00
Director
$0 $0 $0
Bart Diebold Board Member 1.00
Director
$0 $0 $0
David Lambert President 5.00
Officer Director
$0 $0 $0
Dan Strauss Vice President 5.00
Officer Director
$0 $0 $0
Elliott Steele Treasurer 5.00
Officer Director
$0 $0 $0
Karis Turner Executive Director 40.00
Officer
$116,969 $0 $116,969
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 $1,956,313 $1,923,158 $3,394,488 $33,155
2024 $1,817,288 $2,136,529 $3,315,638 $-319,241
2023 $1,885,794 $1,919,624 $3,199,586 $-33,830
2022 $1,673,963 $1,749,811 $3,225,087 $-75,848
2021 $2,038,707 $1,693,043 $3,323,762 $345,664
2020 $1,541,690 $1,536,449 $3,062,046 $5,241
2019 $1,394,163 $1,276,758 $2,921,352 $117,405
2018 $2,651,125 $2,820,126 $2,834,651 $-169,001
2018 $2,651,125 $2,820,126 $2,834,651 $-169,001
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