ATHENS, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PASSION WORKS, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $682K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $656K left a modest 4% surplus.
A collaborative community art center encouraging people of all abilities to work and thrive within partnership celebrating the power of creativity, connection and purpose.
Provide a collaborative community arts center, that at its heart and soul, is a core group of working artists with developmental difference. This collective creates aesthetically and conceptually...
Provide a collaborative community arts center, that at its heart and soul, is a core group of working artists with developmental difference. This collective creates aesthetically and conceptually powerful works of art.
Provide a training center where participants can learn and understand the Creative Abundance Model. Participants will leave with strategies to encourage similar programing that respond to their own...
Provide a training center where participants can learn and understand the Creative Abundance Model. Participants will leave with strategies to encourage similar programing that respond to their own unique opportunities in their communities. This model helps participants transform segregated institutional spaces and programing into vibrant community-centric places. The collaborative practice encourages connection, purpose and belonging for the individual artists with and without disabilities and the community at large.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $681,664 | $610,171 | +0.1% |
| Expenses | $655,545 | $635,472 | +0.0% |
| Net Income | $26,119 | $-25,301 | -2.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MATT THOMSOM | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAN MCGARRY | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL SCHNEIDER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LYNN HARTER | PAST PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| SAUMYA PANT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW PUSCHEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATTY MITCHELL | EXECUTIVE DIRECTOR | 40.00 |
Key Emp
Highest
|
$55,013 | $0 | $55,013 |
| SHIRLEY ANDERSON | CFO | 35.00 |
Key Emp
|
$38,375 | $0 | $38,375 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $681,664 | $655,545 | $266,273 | $26,119 |
| 2022 | $610,171 | $635,472 | $229,623 | $-25,301 |
| 2021 | $633,062 | $507,692 | $255,327 | $125,370 |
| 2020 | $425,922 | $378,708 | $164,197 | $47,214 |
| 2019 | $292,875 | $241,216 | $127,239 | $51,659 |
| 2019 | $292,875 | $241,216 | $127,239 | $51,659 |
| 2018 | $184,626 | $170,740 | $26,435 | $13,886 |
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