TEENTIX (EIN 812736337) - 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

2017

Legal Domicile

Principal Officer

CYRUS DESPRES

Phone

2062333959

Tax Period

2023-01-01 to 2023-12-31

TEENTIX, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $341K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $447K exceeded revenue, resulting in a 31% operating deficit.

Mission

TEENTIX EXISTS TO BREAK DOWN THE BARRIERS THAT PREVENT TEENS FROM ACCESSING ART IN OUR COMMUNITY, SUCH AS TICKET OR ADMISSION COST, NOT KNOWING WHERE TO LOOK FOR EVENTS, NAVIGATING TRANSPORTATION AROUND THE CITY, AND FEELING INSECURE AROUND ARTS-GOING IF THERE'S NO ONE IN THEIR LIVES ALREADY CHAMPIONING THE 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 $325,547

Program Service Revenue $25,721

Investment Income $9

Other Revenue $-10,506

TOTAL REVENUE $340,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $329,569

Fundraising Expenses $128,337

Program Expenses $220,548

Other Expenses $66,210

TOTAL EXPENSES $447,211

Year-over-Year Comparison

	2023	2022	Change
Revenue	$340,771	$372,701	-0.1%
Expenses	$447,211	$357,227	+0.3%
Net Income	$-106,440	$15,474	-7.9%

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

$85,346

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARIEL GLASSMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS VAN DOREN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CYRUS DESPRES	TREASURER	1.00	Officer Director	$0	$0	$0
ERICA GOMEZ	SECRETARY	1.00	Officer Director	$0	$0	$0
HOLLY ARSENAULT	DIRECTOR	1.00	Director	$0	$0	$0
KAREN BYSTROM	DIRECTOR	1.00	Director	$0	$0	$0
ANDRE GOUGISHA	DIRECTOR	1.00	Director	$0	$0	$0
KATY HANNIGAN	DIRECTOR	1.00	Director	$0	$0	$0
DAN HUDSON	DIRECTOR	1.00	Director	$0	$0	$0
VICTORIA NORTH	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY OSBORN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT PEARLMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN STAENBERG	DIRECTOR	1.00	Director	$0	$0	$0
MONIQUE COURCY	EXECUTIVE DIRECTOR	40.00	Officer	$79,560	$5,786	$85,346

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	$340,771	$447,211	$219,832	$-106,440
2022	$372,701	$357,227	$332,705	$15,474
2021	$305,585	$226,728	$316,739	$78,857
2020	$248,515	$263,493	$71,493	$-14,978
2019	$217,552	$224,337	$57,487	$-6,785
2018	$170,880	$214,792	$59,223	$-43,912

TEENTIX