CHILDREN'S HEALING ART PROJECT INC (EIN 611499793) - 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

2006

Legal Domicile

Principal Officer

REBECCA HOOD

Phone

5032435294

Tax Period

2024-01-01 to 2024-12-31

CHILDREN'S HEALING ART PROJECT INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $211K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $243K exceeded revenue, resulting in a 15% operating deficit.

Mission

CHAP BRINGS THE HEALING POWER OF ART TO CHILDREN AND FAMILIES FACING MEDICAL CHALLENGES.

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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 $157,756

Program Service Revenue $38,946

Investment Income $5

Other Revenue $14,714

TOTAL REVENUE $211,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,270

Fundraising Expenses $24,880

Program Expenses $182,699

Other Expenses $64,329

TOTAL EXPENSES $242,599

Year-over-Year Comparison

	2024	2023	Change
Revenue	$211,421	$268,306	-0.2%
Expenses	$242,599	$362,991	-0.3%
Net Income	$-31,178	$-94,685	-0.7%

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

234

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

$13,274

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DINA KHOURY	BOARD PRESIDENT	2.00	Officer Director	$0	$0	$0
JEN FRINK	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
KATHERINE KESTELL	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
NISHA HALL	BOARD DIRECTOR	2.00	Director	$0	$0	$0
REBECCA HOOD	BOARD MEMBER	2.00	Director	$0	$0	$0
GRETCHEN ROWLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
BARBARA MCDOWELL	EXECUTIVE DIRECTOR (THRU FEB. '24)	40.00	Officer	$11,936	$1,338	$13,274

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	$211,421	$242,599	$204,204	$-31,178
2023	$268,306	$362,991	$245,212	$-94,685
2022	$325,501	$341,504	$339,554	$-16,003
2021	$424,027	$344,827	$364,164	$79,200
2020	$327,312	$318,701	$336,856	$8,611
2019	$351,318	$363,796	$278,887	$-12,478

CHILDREN'S HEALING ART PROJECT INC