THE ARTS OF HEALING FOUNDATION

EIN: 822515875 501(c)(3) Philanthropy & Grantmaking

HOUSTON, TX

Total Revenue
$104,066
Total Expenses
$51,535
Total Assets
$164,088
Net Assets
$71,188
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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
TX
Principal Officer
LORI RAIJMAN
Phone
8325271551
Tax Period
2024-01-01 to 2024-12-31

THE ARTS OF HEALING FOUNDATION, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $104K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $53K, a strong 50% operating margin.

Mission

TO RAISE MONEY AND AWARENESS FOR VARIOUS DISEASES THROUGH REPRESENTATIONS OF PHYSICIANS' PERSONAL ART.

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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 (2024)

Revenue Breakdown

Contributions & Grants $87,734
Program Service Revenue $0
Investment Income $324
Other Revenue $16,008
TOTAL REVENUE $104,066

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,309
Other Expenses $51,535
TOTAL EXPENSES $51,535

Year-over-Year Comparison

2024 2023 Change
Revenue $104,066 $155,882 -0.3%
Expenses $51,535 $46,820 +0.1%
Net Income $52,531 $109,062 -0.5%
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

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETSY MONTGOMERY DIRECTOR 10.00
Director
$0 $0 $0
KRISTEN COLLINS DIRECTOR 10.00
Director
$0 $0 $0
SARAH COLLINS DIRECTOR 10.00
Director
$0 $0 $0
LORI RAIJMAN PRESIDENT/DIRECTOR 10.00
Officer
$0 $0 $0
ISAAC RAIJMAN SECRETARY/DIRECTOR 10.00
Officer
$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 $104,066 $51,535 $164,088 $52,531
2024 No data No data No data No data
2023 $155,882 $46,820 $121,557 $109,062
2022 $89,953 $196,612 $12,495 $-106,659
2021 $67,182 $44,446 $119,154 $22,736
2019 $160,629 $203,266 $10,809 $-42,637
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