Focus On The Masters Inc (EIN 770498291) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Phone

8056532501

Tax Period

2024-01-01 to 2024-12-31

Focus On The Masters Inc, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $259K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $355K exceeded revenue, resulting in a 37% operating deficit.

Mission

Art appreciation program that documents, preserves and presents the works and lives of accomplished contemporary artists. We emphasize the importance of the arts to a healthly society.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $63,185

Program Service Revenue $92,046

Investment Income $5,051

Other Revenue $98,587

TOTAL REVENUE $258,869

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,104

Fundraising Expenses $135,550

Program Expenses $156,364

Other Expenses $195,815

TOTAL EXPENSES $354,919

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,869	$325,733	-0.2%
Expenses	$354,919	$318,223	+0.1%
Net Income	$-96,050	$7,510	-13.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
Yvette Franklin	Secretary	2.50	Officer Director	$0	$0	$0
Mary Ellen Herrera	Treasurer	2.50	Officer Director	$0	$0	$0
Richard Franklin	Director	2.50	Director	$0	$0	$0
Michael Rohde	Director	2.50	Director	$0	$0	$0
Gerald Zwers	Director	2.50	Director	$0	$0	$0
Virginia Furmanski	President	5.00	Officer Director	$0	$0	$0
Martin Furmanski MD	Director	2.50	Director	$0	$0	$0
Donna Granata	Executive Director	40.00		$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
2025	No data	No data	No data	No data
2024	$258,869	$354,919	$471,552	$-96,050
2023	$325,733	$318,223	$500,136	$7,510
2022	$230,475	$246,144	$476,635	$-15,669
2021	$603,141	$233,787	$492,520	$369,354
2020	$150,587	$179,801	$110,167	$-29,214
2019	$230,950	$228,478	$118,476	$2,472
2018	$234,788	$215,901	$114,614	$18,887

Focus On The Masters Inc