ART THERAPY CREDENTIALS BOARD

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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

2001

Legal Domicile

Principal Officer

LINDSEY VANCE

Phone

5184146293

Tax Period

2023-01-01 to 2023-12-31

ART THERAPY CREDENTIALS BOARD, founded in 2001, is a small nonprofit that reported $949K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Net assets of $4.5M represent 57 months of operating reserves.

Mission

TO PROTECT THE PUBLIC BY PROMOTING THE COMPETENT AND ETHICAL PRACTICE OF ART THERAPY THROUGH CREDENTIALING.

Program Service Accomplishments

Program 1

THE PROMOTION, DELELOPMENT AND ENCOURAGEMENT OF THE ART, SCIENCE AND PRACTICE OF ART THERAPY THROUGH STANDARDIZATION PROCEDURES FOR REGISTRATION AND CERTIFICATION.

Program 2

DEVELOPMENT AND PROVISION OF A STANDARDIZED EXAMINATION TO MEASURE COMPETENCE IN ART THERAPY.

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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 $0

Program Service Revenue $902,850

Investment Income $45,726

Other Revenue $0

TOTAL REVENUE $948,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $174,017

Fundraising Expenses $0

Other Expenses $754,637

TOTAL EXPENSES $928,654

Year-over-Year Comparison

	2023	2022	Change
Revenue	$948,576	$1,057,120	-0.1%
Expenses	$928,654	$865,763	+0.1%
Net Income	$19,922	$191,357	-0.9%

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

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
KATY BARRINGTON	DIRECTOR	N/A	Director	$0	$0	$0
GAELYNN PATRICIA WOLF BORDONARO	DIRECTOR	N/A	Director	$0	$0	$0
DEBORAH ELKIS-ABUHOFF	DIRECTOR	N/A	Director	$0	$0	$0
DAVID LARDIER	PUBLIC MEMBE	N/A	Director	$0	$0	$0
DIANA SABADOS	DIRECTOR	N/A	Director	$0	$0	$0
CHERYL DOBY-COPELAND	PRESIDENT-EL	N/A	Officer	$0	$0	$0
DEBORAH MURPHY	SECRETARY	N/A	Officer	$0	$0	$0
RUTH XILOMEN RIOS	PRESIDENT	N/A	Officer	$0	$0	$0
LINDSEY VANCE	TREASURER	N/A	Officer	$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	$948,576	$928,654	$4,503,854	$19,922
2022	$1,057,120	$865,763	$4,175,578	$191,357
2021	$1,116,023	$652,553	$4,557,574	$463,470
2020	$900,096	$517,052	$3,877,623	$383,044