Alisal Community Arts Network Inc

EIN: 822279589 501(c)(3) Arts, Culture & Humanities

Santa Clara, CA

Total Revenue
$1,649,310
Total Expenses
$1,417,997
Total Assets
$297,413
Net Assets
$297,413
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
Daniel Algazy
Phone
8187232651
Tax Period
2023-07-01 to 2024-06-30

Alisal Community Arts Network Inc, founded in 2018, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 274% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 14% surplus.

Mission

Transform the lives of East Salinas, California youth by cultivating positive character traits through team-oriented performing arts ensembles.

Program Service Accomplishments

Program 1
Expenses: $1,302,673

In the 2023-2024 Year Alisal Community Arts network continued its long standing partnership with the Alisal Union School district and successfully proposed and implemented new programming through the...

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In the 2023-2024 Year Alisal Community Arts network continued its long standing partnership with the Alisal Union School district and successfully proposed and implemented new programming through the District's Expanded Learning Opportunities Programs (ELOP) funding. The school district contracted ACAN to expand its year-round competing teams from drumline (weekends only), colorguard (weekends only), and mariachi to include guitar ensemble, marimba ensemble, and cheer team - all teams meeting weekly after school and on weekends. The Alisal district additionally contracted ACAN to provide introductory performing arts classes on a rotational basis after school and on Wednesdays. ACAN instructors were able to work additional hours and continue their professional development through teaching these courses. ACAN continued its partnership with CHISPA/Community Housing Improvement Systems & Planning Association to offer all age programs to students in the community on select weeknights. ACAN provided fiscal sponsorship to a fledgling organization, Sparta Indoor Percussion, an independent drumline group that successfully competed in the Northern California Percussion Alliance (NCPA) circuit in its first year. Eight ACAN Staff members performed in Sparta Percussion as part of their development.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,980
Program Service Revenue $1,643,330
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,649,310

Expense Breakdown

Grants Paid $0
Salaries & Benefits $991,009
Fundraising Expenses $0
Program Expenses $1,302,673
Other Expenses $426,988
TOTAL EXPENSES $1,417,997

Year-over-Year Comparison

2023 2022 Change
Revenue $1,649,310 $441,363 +2.7%
Expenses $1,417,997 $449,871 +2.2%
Net Income $231,313 $-8,508 -28.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
43
Volunteers
10

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
1
$84,449
Total Directors
4
$84,449
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel Algazy Secretary 1.00
Officer Director
$84,449 $0 $84,449
Alma Loredo Vice President 1.00
Director
$0 $0 $0
Peter Vargo Treasurer 1.00
Director
$0 $0 $0
Blanca Miranda President 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 $1,649,310 $1,417,997 $297,413 $231,313
2023 $441,363 $449,871 $66,850 $-8,508
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