FRIENDS OF THE THEATRE ASU INC

EIN: 631252087 501(c)(3) Arts, Culture & Humanities

MONTGOMERY, AL

Total Revenue
$65,567
Total Expenses
$107,361
Total Assets
$143,439
Net Assets
$143,439
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
AL
Principal Officer
DONALD R PARKS
Phone
3342655865
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF THE THEATRE ASU INC, founded in 1999, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $60K in total revenue in fiscal year 2020. Revenue fell 53% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 52% operating margin.

Mission

SUPPORTING OF EDUCATION THROUGH PROMOTING AND ENCOURAGING PUBLIC INTEREST IN SUPPORT OF DRAMA EDUCATION AND PERFORMANCE, AND TO PROVIDE A COMMUNITY AND FINANCIAL

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $65,567
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,567

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $107,361
Other Expenses $107,361
TOTAL EXPENSES $107,361

Year-over-Year Comparison

2024 2023 Change
Revenue $65,567 $74,335 -0.1%
Expenses $107,361 $360 +297.2%
Net Income $-41,794 $73,975 -1.6%
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

Sign In

Governance

Voting Members
24
Independent Members
N/A
Employees
N/A
Volunteers
28

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
3
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON BASSETT BOARD MEMBER 1.00
Director
$0 $0 $0
BEVERLY BASSETT BOARD MEMBER 1.00
Director
$0 $0 $0
QUEEN GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
CHERLY HARDLEY BOARD MEMBER 1.00
Director
$0 $0 $0
SHIRLEY COBB BOARD MEMBER 1.00
Director
$0 $0 $0
LORI BOONE BOARD MEMBER 1.00
Director
$0 $0 $0
ELVA PATTERSON BOARD MEMBER 1.00
Director
$0 $0 $0
WENDY COLEMMAN BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA HOUSTON BOARD MEMBER 1.00
Director
$0 $0 $0
TOMMIE STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG ISAACSON BOEARD MEMBER 1.00
Director
$0 $0 $0
MILDRED WORTHY BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD THOMAS BOARD MEMBER 1.00
Officer Director
$0 $0 $0
MOLLIE ISAACSON BOARD MEMBER 1.00
Director
$0 $0 $0
DONALD R PARKS BOARD MEMBER 1.00
Officer Director
$0 $0 $0
LOIS JACKSON BOARD MEMBER 1.00
Officer
$0 $0 $0
RICARDO JETER BOARD MEMBER 1.00
Director
$0 $0 $0
VALERIE SMEDLEY BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
DIANNA JORDAN BOARD MEMBER 1.00
Director
$0 $0 $0
SHIRLEY JORDAN BOARD MEMBER 1.00
Director
$0 $0 $0
IBUKUN OSEMWONTA BOARD MEMBER 1.00
Director
$0 $0 $0
JANET ST CLAIR 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
2024 $65,567 $107,361 $143,439 $-41,794
2023 $74,335 $48,619 $185,233 $25,716
2022 $100,867 $64,019 $153,321 $36,848
2021 $106,350 $48,966 $116,474 $57,384
2020 $59,637 $28,458 No data $31,179
Explore More Nonprofits
Top 100 Nonprofits in Alabama Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRIENDS OF THE THEATRE ASU INC with other nonprofits in Alabama and across the country.