BEREA ARTS COUNCIL INC (EIN 611107548) - 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

1986

Legal Domicile

Principal Officer

JOYCE HUNSUCKER

Phone

8599859317

Tax Period

2018-07-01 to 2019-06-30

BEREA ARTS COUNCIL INC, founded in 1986, is a small nonprofit that reported $195K in total revenue in fiscal year 2018. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $181K left a modest 8% surplus.

Mission

TO ENCOURAGE DEVELOP & SPONSOR PARTICIPATION IN THE ARTS BY MEMBERS IN THE COMMUNITY THROUGH DANCE, DRAMA, MUSIC, ART, OR VISUAL ON ANY LEVEL CHOSEN.

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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 (2018)

Revenue Breakdown

Contributions & Grants $122,442

Program Service Revenue $26,907

Investment Income $0

Other Revenue $46,069

TOTAL REVENUE $195,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,873

Fundraising Expenses $0

Program Expenses $135,471

Other Expenses $134,756

TOTAL EXPENSES $180,629

Year-over-Year Comparison

	2018	2017	Change
Revenue	$195,418	$101,576	+0.9%
Expenses	$180,629	$129,363	+0.4%
Net Income	$14,789	$-27,787	-1.5%

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

$38,769

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GWEN CHILDS	EXEC. DIRECTOR	40.00	Officer	$38,769	$0	$38,769
JOYCE HUNSUCKER	PRESIDENT	1.00	Officer	$0	$0	$0
ALI BLAIR	SECRETARY	1.00	Officer	$0	$0	$0
ERICA CHAMBERS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
SUSAN MEEKS	TREASURER	1.00	Officer	$0	$0	$0
ROBERT BOYCE	BOARD MEMBER	1.00	Director	$0	$0	$0
DANNY JACOBS	BOARD MEMBER	1.00	Director	$0	$0	$0
TINA WILLIAMS	BOARD MEMBER	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
2019	$195,418	$180,629	$66,925	$14,789

BEREA ARTS COUNCIL INC