FRANCES FURLONG TRUST AND CREATIVE… - Form 990 Financial Data

🔒

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

2003

Legal Domicile

Phone

7275672300

Tax Period

2023-01-01 to 2023-12-31

FRANCES FURLONG TRUST AND CREATIVE ART, founded in 2003, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $58K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $64K exceeded revenue, resulting in a 11% operating deficit.

Mission

CHARITABLE PURPOSE IS TO SUPPORT DEVELOPMENT AND APPRECIATION OF THE CREATIVE ARTS IN THE CITY OF PONTIAC, MICHIGAN AND SURROUNDING AREAS.

Program Service Accomplishments

Program 1

DISTRIBUTIONS TO CREATIVE ARTS CENTER IN THE CITY OF PONTIAC, MICHIGAN TO SUPPORT DEVELOPMENT AND APPRECIATION OF ARTS

🔒

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 $0

Program Service Revenue $0

Investment Income $57,781

Other Revenue $0

TOTAL REVENUE $57,781

Expense Breakdown

Grants Paid $53,028

Salaries & Benefits $10,103

Fundraising Expenses $0

Other Expenses $1,064

TOTAL EXPENSES $64,195

Year-over-Year Comparison

	2023	2022	Change
Revenue	$57,781	$93,152	-0.4%
Expenses	$64,195	$72,367	-0.1%
Net Income	$-6,414	$20,785	-1.3%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	N/A		$10,103	$0	$10,103

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	No data	No data	No data	No data
2023	$57,781	$64,195	$1,100,190	$-6,414
2022	$93,152	$72,367	$1,116,136	$20,785
2021	$100,395	$69,145	$1,095,625	$31,250
2020	$51,189	$82,875	$1,065,433	$-31,686

FRANCES FURLONG TRUST AND CREATIVE ART