HEAL'S CENTER FOR THE ARTS (EIN 811033460) - 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

HARVEY LOCKHART

Phone

8503390656

Tax Period

2025-01-01 to 2025-12-31

HEAL'S CENTER FOR THE ARTS, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $244K in total revenue in fiscal year 2025. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 21% operating margin.

Mission

HEAL CENTER'S MISSION IS TO PROVIDE A SAFE AND SUPPORTIVE PLACE FOR STUDENTS IN URBAN COMMUNITIES TO HAVE ACCESS TO THE ARTS. THE ORGANIZATION IS COMMITTED TO MAKING QUALITY ARTS PROGRAMS ACCESSIBLE TO ALL STUDENTS, ESPECIALLY TO THOSE OF URBAN COMMUNITIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $215,597

Program Service Revenue $30,865

Investment Income $0

Other Revenue $-2,147

TOTAL REVENUE $244,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $79,525

Fundraising Expenses $0

Program Expenses $110,536

Other Expenses $113,678

TOTAL EXPENSES $193,203

Year-over-Year Comparison

	2025	2024	Change
Revenue	$244,315	$167,725	+0.5%
Expenses	$193,203	$191,591	+0.0%
Net Income	$51,112	$-23,866	-3.1%

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

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

$79,525

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNELL BOYD	PRESIDENT/INTERIM TREASURER	1.00	Officer Director	$0	$0	$0
KIM AUSMER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NICHOL GORDON	SECRETARY	1.00	Officer Director	$0	$0	$0
JADE HALBERT	DIRECTOR	1.00	Director	$0	$0	$0
CARLTON ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
WRAY CLAY	DIRECTOR	1.00	Director	$0	$0	$0
CARLA CUNIGAN	DIRECTOR	1.00	Director	$0	$0	$0
JASMINA BRUMMITT	DIRECTOR (RESIGNED)	1.00	Director	$0	$0	$0
TIMOTHY BARKER	DIRECTOR (RESIGNED)	1.00	Director	$0	$0	$0
PAM COAXUM	DIRECTOR (RESIGNED)	1.00	Director	$0	$0	$0
HARVEY LOCKHART	EXECUTIVE DIRECTOR	55.00	Officer	$79,525	$0	$79,525

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	$244,315	$193,203	$79,242	$51,112
2021	$81,065	$59,373	$33,987	$21,692
2021	$81,065	$61,574	$31,787	$19,491

HEAL'S CENTER FOR THE ARTS