POWDERHOUSE STUDIOS LIMITED

EIN: 814011915 501(c)(3)

SOMERVILLE, MA

Total Revenue
$321,726
Total Expenses
$694,298
Total Assets
$514,869
Net Assets
$430,831
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MA
Principal Officer
ALEC MICHAEL RESNICK
Phone
6178006992
Tax Period
2018-01-01 to 2018-12-31

POWDERHOUSE STUDIOS LIMITED, founded in 2016, is a small nonprofit that reported $322K in total revenue in fiscal year 2018. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $694K exceeded revenue, resulting in a 116% operating deficit.

Mission

SUPPORTING YOUNG PEOPLE IN THEIR TRANSITION FROM STUDENTS INTO INDEPENDENT INVESTIGATORS, DEVELOPING THE TOOLS, MATERIALS AND PROGRAMS NEEDED FOR INDEPENDENT INVESTIGATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $300,000
Program Service Revenue $0
Investment Income $4,994
Other Revenue $16,732
TOTAL REVENUE $321,726

Expense Breakdown

Grants Paid $0
Salaries & Benefits $352,766
Fundraising Expenses $0
Program Expenses $590,924
Other Expenses $341,532
TOTAL EXPENSES $694,298

Year-over-Year Comparison

2018 2017 Change
Revenue $321,726 $860,379 -0.6%
Expenses $694,298 $56,976 +11.2%
Net Income $-372,572 $803,403 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
6
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
3
$139,496
Total Directors
3
$139,496
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEC MICHAEL RESNICK PRESIDENT AND CLERK 40.00
Officer Director
$65,000 $4,776 $69,776
SHAUNALYNN DUFFY TREASURER 40.00
Officer Director
$65,000 $4,720 $69,720
BAKHTIAR MIKHAK DIRECTOR 40.00
Officer 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
2018 $321,726 $694,298 $514,869 $-372,572
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare POWDERHOUSE STUDIOS LIMITED with other nonprofits in Massachusetts and across the country.