THE ARTS OF HEALING FOUNDATION

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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

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

PHYSICIANS REPRESENTING VARIOUS FIELDS OF MEDICINE WILL HAVE THE OPPORTUNITY TO DISPLAY THEIR SPECIFIC ART TALENTS, INTERACT WITH THE LOCAL COMMUNITY AND RAISE MONEY FOR A SPECIFIC MEDICAL CAUSE. THE FOUNDATION WILL CHOOSE DIFFERENT MEDICAL CAUSES TO BENEFIT FROM THESE EVENTS AND WILL DISTRIBUTE EVENT PROCEEDS TO QUALIFIED CHARITITIES.

Program Service Accomplishments

Program 1

Expenses: $45,309 Revenue: $78,542

TO RAISE MONEY AND AWARENESS FOR VARIOUS DISEASES THROUGH REPRESENTATIONS OF PHYSICIAN'S 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%)

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

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