YOUNG ASPIRATIONS YOUNG ARTISTS INC (EIN 721132928) - 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

1988

Legal Domicile

Principal Officer

PAUL SCHOTT

Phone

5045293306

Tax Period

2023-01-01 to 2023-12-31

YOUNG ASPIRATIONS YOUNG ARTISTS INC, founded in 1988, is a small nonprofit that reported $645K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $755K exceeded revenue, resulting in a 17% operating deficit.

Mission

YAYA'S MISSION IS TO EMPOWER CREATIVE, NEW ORLEANS-AREA YOUNG PEOPLE THROUGH VISUAL ARTS EDUCATION COMBINED WITH ENTREPRENEURIAL AND LIFE SKILLS TRAINING, EQUIPPING THEM WITH THE SKILLS THEY NEED TO THRIVE AS LEADERS. YAYA PROGRAMS TRAIN YOUTH TO THINK CREATIVELY, SOLVE PROBLEMS, MANAGE COMPLEX PROJECTS, AND GIVE BACK TO THEIR COMMUNITY. SINCE 1988, YAYA HAS SERVED AS AN INCUBATOR FOR YOUNG TALENT, GIVING YOUTH THE FREEDOM, OPPORTUNITIES, AND RESOURCES TO DISCOVER THEIR PASSIONS AND ARTISTIC VOICES.

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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 $455,866

Program Service Revenue $72,081

Investment Income $660

Other Revenue $116,210

TOTAL REVENUE $644,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $433,827

Fundraising Expenses $38,674

Program Expenses $654,801

Other Expenses $321,499

TOTAL EXPENSES $755,326

Year-over-Year Comparison

	2023	2022	Change
Revenue	$644,817	$552,561	+0.2%
Expenses	$755,326	$724,328	+0.0%
Net Income	$-110,509	$-171,767	-0.4%

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

$67,188

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIELLE COCO	DIRECTOR	1.00	Director	$0	$0	$0
LESLI HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
GLENN GRUBER	DIRECTOR	1.00	Director	$0	$0	$0
KELP LITTLEFIELD	DIRECTOR	1.00	Director	$0	$0	$0
SARAH MARTZOLF	DIRECTOR	1.00	Director	$0	$0	$0
DESIREE PACKARD	PRESIDENT	2.00	Officer Director	$0	$0	$0
KATHRYN BRENNAN MCLEOD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ANNA LECORGNE SCHAEFER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL SCHOTT	TREASURER	1.00	Officer Director	$0	$0	$0
DANA AUGILLARD	DIRECTOR	1.00	Director	$0	$0	$0
COREY PEMBERTON	DIRECTOR	1.00	Director	$0	$0	$0
JOURDAN BARNES	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET MILES	EXECUTIVE DIRECTOR	40.00	Officer	$48,937	$18,251	$67,188

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	$644,817	$755,326	$1,818,042	$-110,509
2022	$552,561	$724,328	$1,954,297	$-171,767
2021	$778,663	$642,418	$2,117,927	$136,245
2020	$570,913	$596,036	$2,016,673	$-25,123
2019	$496,120	$625,687	$2,044,070	$-129,567
2018	$730,499	$621,840	$2,191,107	$108,659

YOUNG ASPIRATIONS YOUNG ARTISTS INC