FLAX SCUTCHING FESTIVAL (EIN 760822586) - 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

2005

Legal Domicile

Principal Officer

DAVID SCHERB

Phone

4122153721

Tax Period

2023-01-01 to 2023-12-31

FLAX SCUTCHING FESTIVAL, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $57K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $228K represent 48 months of operating reserves.

Mission

HISTORICAL EDUCATION PROGRAM

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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 $5,881

Program Service Revenue $50,302

Investment Income $0

Other Revenue $800

TOTAL REVENUE $56,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,271

Other Expenses $61,008

TOTAL EXPENSES $61,008

Year-over-Year Comparison

	2023	2022	Change
Revenue	$56,983	$72,092	-0.2%
Expenses	$61,008	$59,175	+0.0%
Net Income	$-4,025	$12,917	-1.3%

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
RICHARD NAUGLE	TRUSTEE	001.00		$0	$0	$0
SHELLEY BERG	TRUSTEE	001.00		$0	$0	$0
PATRICK KEEGAN	TRUSTEE	001.00		$0	$0	$0
LIZ MICKINAK	TRUSTEE	001.00		$0	$0	$0
ALLEN SCHERB	TRUSTEE	001.00		$0	$0	$0
LOUISE SPROWLS	TRUSTEE	001.00		$0	$0	$0
DAVID SCHERB	TREASURER	002.00	Officer	$0	$0	$0
SHIRLEY ISCRUPE	CHAIRMAN	001.00	Officer	$0	$0	$0
KIM MENOHER	VICE CHAIRMAN	001.00	Officer	$0	$0	$0
DIANE NORRIS	SECRETARY TREASURER	001.00	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	$56,983	$61,008	$227,671	$-4,025
2022	$72,092	$59,175	$233,250	$12,917
2021	$43,949	$49,697	$220,333	$-5,748
2020	$11,294	$14,117	$226,081	$-2,823
2019	$51,547	$52,091	$228,904	$-544
2018	$43,063	$44,470	$229,448	$-1,407

FLAX SCUTCHING FESTIVAL