VERSE VIDEO EDUCATION (EIN 810902953) - 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

2015

Legal Domicile

Principal Officer

ELISA NEW

Phone

5082164455

Tax Period

2023-01-01 to 2023-12-31

VERSE VIDEO EDUCATION, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 137% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 13% surplus.

Mission

THE MISSION OF VERSE VIDEO EDUCATION INC IS DEDICATED TO DEVELOPING VIDEO AND ACCOMPANYING CURRICULAR MATERIALS IN THE ARTS AND HUMANITIES AND BEYOND; CREATING A BODY OF EDUCATIONAL CONTENT CAPABLE OF REACHING A BROAD COMMUNITY OF LEARNERS - FORMAL AND INFORMAL, ON-LINE AND RESIDENTIAL, YOUNG AND OLD, AMERICAN AND INTERNATIONAL; AND ENHANCING EDUCATIONAL EXPERIENCES, BOTH WITHIN AND OUTSIDE OF THE CLASSROOM.

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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 $1,395,216

Program Service Revenue $3,910

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,399,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $480,774

Fundraising Expenses $52,274

Program Expenses $928,498

Other Expenses $732,329

TOTAL EXPENSES $1,213,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,399,126	$590,115	+1.4%
Expenses	$1,213,103	$1,235,580	0.0%
Net Income	$186,023	$-645,465	-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

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
ELISA NEW	PRESIDENT AND CEO	27.00	Officer Director	$0	$0	$0
ROBERT PINSKY	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY HAILE	CHAIR	2.00	Officer Director	$0	$0	$0
MARY SAUER	TREASURER	1.20	Officer Director	$0	$0	$0
LARRY BERGER	CLERK	1.00	Officer Director	$0	$0	$0
LEAH REIS-DENNIS	DIRECTOR	1.00	Director	$0	$0	$0
NICK MELVOIN	DIRECTOR	1.00	Director	$0	$0	$0
JUDY RUBIN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BREDAR	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$1,399,126	$1,213,103	$2,144,314	$186,023
2023	$1,399,126	$1,213,104	$2,144,313	$186,022
2022	$590,115	$1,235,580	$1,913,648	$-645,465
2022	$716,403	$1,101,502	$2,174,014	$-385,099
2021	$2,839,483	$1,327,589	$2,537,587	$1,511,894
2020	$1,040,544	$1,353,986	$1,070,216	$-313,442
2019	$550,459	$646,095	$1,301,998	$-95,636
2018	$1,348,375	$852,813	$1,419,066	$495,562

VERSE VIDEO EDUCATION