THE SUMMER SOLSTICE CELEBRATION INC (EIN 770004190) - 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

1983

Legal Domicile

Principal Officer

DAVID MACHACEK

Phone

8059653396

Tax Period

2024-01-01 to 2024-12-31

THE SUMMER SOLSTICE CELEBRATION INC, founded in 1983, is a small nonprofit in the Arts, Culture & Humanities sector that reported $359K in total revenue in fiscal year 2024.

Mission

BRINGING THE COMMUNITY TOGETHER THROUGH THE ARTS

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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 $162,753

Program Service Revenue $194,714

Investment Income $2

Other Revenue $1,466

TOTAL REVENUE $358,935

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,980

Fundraising Expenses $10,619

Program Expenses $240,917

Other Expenses $278,793

TOTAL EXPENSES $361,273

Year-over-Year Comparison

	2024	2023	Change
Revenue	$358,935	$341,402	+0.1%
Expenses	$361,273	$324,609	+0.1%
Net Income	$-2,338	$16,793	-1.1%

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

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PENNY LITTLE	Executive Dir.	5.00	Director	$60,000	$0	$60,000
DAVID HEFFERMAN	MEMBER	1.00	Director	$0	$0	$0
JONATHAN ALBURGER	MEMBER	1.00	Officer Director	$0	$0	$0
DAVID MACHACEK	Treasurer	1.00	Officer Director	$0	$0	$0
RON BURD	Secretary	1.00	Director	$0	$0	$0
LAURA KNIGHT	MEMBER	1.00	Director	$0	$0	$0
LESLEY BRONSON	MEMBER	1.00	Director	$0	$0	$0
JUSTIN GUNN	President	1.00	Director	$0	$0	$0
SHARON RICH	MEMBER	0.00	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	$358,935	$361,273	$51,270	$-2,338
2023	$341,402	$324,609	$52,019	$16,793
2022	$278,185	$255,039	$40,662	$23,146
2019	$266,687	$267,353	$54,954	$-666
2018	$288,696	$241,132	$64,832	$47,564

THE SUMMER SOLSTICE CELEBRATION INC