LYNNVILLE AREA ARTS ASSOCIATION INC (EIN 621864717) - 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

2003

Legal Domicile

Principal Officer

STANLEY PIERCHOSKI

Phone

9313637222

Tax Period

2023-01-01 to 2023-12-31

LYNNVILLE AREA ARTS ASSOCIATION INC, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $199K in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 61% operating margin.

Mission

HISTORICAL PRESERVATION AND PROMOTION OF THEATER

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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 (2023)

Revenue Breakdown

Contributions & Grants $141,350

Program Service Revenue $57,247

Investment Income $0

Other Revenue $0

TOTAL REVENUE $198,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,193

Fundraising Expenses $0

Program Expenses $49,718

Other Expenses $60,022

TOTAL EXPENSES $78,215

Year-over-Year Comparison

	2023	2022	Change
Revenue	$198,597	$100,836	+1.0%
Expenses	$78,215	$115,791	-0.3%
Net Income	$120,382	$-14,955	-9.0%

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

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

$16,900

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMMY PIERCHOSKI	EXECUTIVE DIRECTOR	020.00	Key Emp	$16,900	$0	$16,900
MARY ANN TRIMBLE	PAST CHAIRMAN	000.00	Director	$0	$0	$0
NORMAN D WONG	CHAIRMAN	000.00	Director	$0	$0	$0
STANLEY PIERCHOSKI	TREASURER	000.00	Director	$0	$0	$0
DEREK ROWE	VICE CHAIRMAN	000.00	Director	$0	$0	$0
STEPHNIE WONG	SECRETARY	000.00	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
2024	No data	No data	No data	No data
2023	$100,836	$115,791	$643,103	$-14,955
2023	$198,597	$78,215	$763,485	$120,382
2022	$72,727	$95,623	$658,058	$-22,896
2021	$66,314	$84,007	$680,954	$-17,693

LYNNVILLE AREA ARTS ASSOCIATION INC