RED SALMON ARTS (EIN 742940343) - 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

2001

Legal Domicile

Principal Officer

LILIA ROSAS

Phone

5123899881

Tax Period

2023-10-01 to 2024-09-30

RED SALMON ARTS, founded in 2001, is a small nonprofit in the Education sector that reported $294K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $326K exceeded revenue, resulting in a 11% operating deficit.

Mission

PRODUCTION OF LITERARY AND CULTURAL EVENTS

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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 $264,335

Program Service Revenue $28,467

Investment Income $5

Other Revenue $750

TOTAL REVENUE $293,557

Expense Breakdown

Grants Paid $31,175

Salaries & Benefits $93,831

Fundraising Expenses $29,516

Program Expenses $267,302

Other Expenses $201,328

TOTAL EXPENSES $326,334

Year-over-Year Comparison

	2023	2022	Change
Revenue	$293,557	$235,423	+0.2%
Expenses	$326,334	$205,299	+0.6%
Net Income	$-32,777	$30,124	-2.1%

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

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

$62,700

Total Directors

$62,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LILIA ROSAS	EXECUTIVE DIR.	25.00	Officer Director	$62,700	$0	$62,700
GILBERTO C RIVERA	PRESIDENT	2.00	Officer Director	$0	$0	$0
IRE'NE LARA SILVA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHELLE MEJIA	TREASURER	2.00	Officer Director	$0	$0	$0
DR JANE H RIVERA	SECRETARY	2.00	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
2024	$293,557	$326,334	$32,364	$-32,777
2023	$235,423	$205,299	$65,141	$30,124
2022	$390,099	$364,669	$40,018	$25,430
2021	$442,940	$429,941	$58,738	$12,999
2020	$456,198	$440,369	$45,739	$15,829
2019	$288,213	$275,221	$29,910	$12,992

RED SALMON ARTS