ARTS & LITERATURE LABORATORY INC (EIN 811197708) - 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

2016

Legal Domicile

Principal Officer

JOLYNNE ROORDA

Phone

6085567415

Tax Period

2023-01-01 to 2023-12-31

ARTS & LITERATURE LABORATORY INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $874K in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 19% operating margin.

Mission

TO STEWARD A COMMUNITY LABORATORY FOR CREATIVE EXPERIMENTATION, COLLABORATION, AND EXCELLENCE IN CONTEMPORARY VISUAL, LITERARY, AND PERFORMING 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 (2023)

Revenue Breakdown

Contributions & Grants $682,805

Program Service Revenue $172,058

Investment Income $18,182

Other Revenue $715

TOTAL REVENUE $873,760

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $247,622

Fundraising Expenses $32,943

Program Expenses $565,067

Other Expenses $462,658

TOTAL EXPENSES $711,280

Year-over-Year Comparison

	2023	2022	Change
Revenue	$873,760	$522,672	+0.7%
Expenses	$711,280	$625,179	+0.1%
Net Income	$162,480	$-102,507	-2.6%

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

$104,000

Total Directors

$4,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOLYNNE ROORDA	CO-DIRECTOR	40.00	Officer	$50,000	$0	$50,000
RITA MAE REESE	CO-DIRECTOR	40.00	Officer	$50,000	$0	$50,000
GENIA DANIELS	TREASURER	4.00	Officer Director	$4,000	$0	$4,000
MRILL INGRAM	CO-CHAIR	1.00	Officer Director	$0	$0	$0
CEDRIC JOHNSON	CO-CHAIR	1.00	Officer Director	$0	$0	$0
CHAD BARTELL	SECRETARY	1.00	Officer Director	$0	$0	$0
PHIL REDMAN	DIRECTOR	1.00	Director	$0	$0	$0
MARIANA CAMELI	DIRECTOR	1.00	Director	$0	$0	$0
FAISAL ABDU'ALLAH	DIRECTOR	1.00	Director	$0	$0	$0
TU LE	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER PRESSMAN	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	$873,760	$711,280	$3,305,327	$162,480
2022	$522,672	$624,879	$3,180,532	$-102,207
2021	$1,395,486	$403,051	$2,112,146	$992,435
2020	$1,106,394	$214,856	$1,305,701	$891,538
2019	$233,237	$229,360	$53,734	$3,877

ARTS & LITERATURE LABORATORY INC