Abilene Opera Association (EIN 752050292) - 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

1985

Legal Domicile

Principal Officer

Arlieta Jones

Phone

3256731040

Tax Period

2024-01-01 to 2024-12-31

Abilene Opera Association, founded in 1985, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $14K in total revenue in fiscal year 2024. Revenue fell 81% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6K, a strong 40% operating margin.

Mission

Promotes opera in West Texas by producing an annual or biannual opera or other musical production, as well as master classes and other educational presentations.

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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 $12,075

Program Service Revenue $0

Investment Income $0

Other Revenue $2,413

TOTAL REVENUE $14,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,361

Other Expenses $8,635

TOTAL EXPENSES $8,635

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,488	$77,111	-0.8%
Expenses	$8,635	$72,271	-0.9%
Net Income	$5,853	$4,840	+0.2%

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

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
Arlieta Jones	President	2	Officer Director	$0	$0	$0
Annabel House	Treasurer	2	Officer Director	$0	$0	$0
Jane Guitar	Producer	2	Officer Director	$0	$0	$0
Debbie Jones	Vice Pres	1	Officer Director	$0	$0	$0
Robert Partin	Secretary	1	Officer Director	$0	$0	$0
Brenda Krick	Director	1	Director	$0	$0	$0
Jo Jordan	Director	1	Director	$0	$0	$0
Anna Brazzel	Director	1	Director	$0	$0	$0
Tanya Roberts	Director	1	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	$14,488	$8,635	$126,517	$5,853
2023	$77,111	$72,271	$120,734	$4,840
2022	$98,471	$60,324	$117,945	$38,147
2021	$29,213	$19,889	$79,749	$9,324
2020	$15,329	$10,650	$70,425	$4,679
2019	$222,186	$271,934	$82,057	$-49,748
2018	$84,202	$57,773	$119,433	$26,429

Abilene Opera Association