THE FOUNDATION FOR THE REICHHOLD CENTER FOR THE ARTS INC (EIN 660373386) - 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

1979

Legal Domicile

Principal Officer

IVO E PHILBERT

Phone

3406931041

Tax Period

2024-10-01 to 2025-09-30

THE FOUNDATION FOR THE REICHHOLD CENTER FOR THE ARTS INC, founded in 1979, is a small nonprofit that reported $549K in total revenue in fiscal year 2024. Expenses of $640K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROMOTE EDUCATION AND THE ARTS

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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 $1,097

Program Service Revenue $0

Investment Income $547,922

Other Revenue $0

TOTAL REVENUE $549,019

Expense Breakdown

Grants Paid $500,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $500,000

Other Expenses $139,790

TOTAL EXPENSES $639,790

Year-over-Year Comparison

	2024	2023	Change
Revenue	$549,019	$530,734	+0.0%
Expenses	$639,790	$635,352	+0.0%
Net Income	$-90,771	$-104,618	-0.1%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IVO E PHILBERT	Executive Dir.	1.00	Officer Director	$0	$0	$0
HENRY C SMOCK ESQ	Vice Chair	1.00	Officer Director	$0	$0	$0
SAFIYA GEORGE	Director	1.00	Director	$0	$0	$0
DR CATHERINE KEAN	Director	1.00	Director	$0	$0	$0
TASIDA H KELCH	Director	1.00	Director	$0	$0	$0
MARJORIE ROBERTS ESQ	Director	1.00	Director	$0	$0	$0
MARIAN P PRESCOD	Director	1.00	Director	$0	$0	$0
FELIPE AYALA JR	Secretary	1.00	Officer Director	$0	$0	$0
HUGO V HODGE JR	Chair	1.00	Officer 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
2025	$549,019	$639,790	$17,515,079	$-90,771
2024	$530,734	$635,352	$16,184,164	$-104,618
2023	$559,933	$293,863	$13,561,185	$266,070
2022	$352,505	$296,815	$12,116,990	$55,690
2021	$518,673	$298,010	$14,582,885	$220,663

THE FOUNDATION FOR THE REICHHOLD CENTER FOR THE ARTS INC