J OWENS ACADEMY OF FINE ARTS INC (EIN 800840474) - 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

2012

Legal Domicile

Principal Officer

JESSIE D OWENS

Phone

8636045145

Tax Period

2024-01-01 to 2024-12-31

J OWENS ACADEMY OF FINE ARTS INC, founded in 2012, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $26K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $22K left a modest 13% surplus.

Mission

To improve lives through the arts by emphasizing that a well focused mind and posit behaviors develops a foundational pattern for excellenc

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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 $18,652

Program Service Revenue $7,132

Investment Income $0

Other Revenue $0

TOTAL REVENUE $25,784

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,500

Other Expenses $22,500

TOTAL EXPENSES $22,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,784	$21,795	+0.2%
Expenses	$22,500	$21,795	+0.0%
Net Income	$3,284	N/A	N/A

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

N/A

Independent Members

N/A

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETTIE DAVIS SMITH	SECRETARY	5.00	Director	$0	$0	$0
RAVAL GREEN	TREASURER	2.00	Director	$0	$0	$0
ALVIN OWENS	CHAPLIN	0.50	Director	$0	$0	$0
EMMALINE DOLES	FINANCIAL SECRETARY	0.50	Director	$0	$0	$0
JESSIE DAVIS OWENS	PRESIDENT	30.00	Officer	$0	$0	$0
ALONZO WILLIAMS JR	VICEPRESIDENT	0.50	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	$25,784	$22,500	No data	$3,284
2021	$13,522	$13,522	No data	No data

J OWENS ACADEMY OF FINE ARTS INC