DEPARTURE INSTITUTE INC (EIN 831250262) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

ADAM ROSENFELT

Phone

3107098880

Tax Period

2023-01-01 to 2023-12-31

DEPARTURE INSTITUTE INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $396K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $184K, a strong 46% operating margin.

Mission

THE DEPARTURE INSTITUTE, AN ATLANTA BASED 501(C)(3) NON-PROFIT FOUNDED IN 2018 IS DEDICATED TO HISTORIC PRESERVATION ACTIVITIES AND EDUCATION. THE INSTITUTE'S GOAL OF "SHAPING THE FUTURE THROUGH THE PRESERVATION OF THE PAST" IS REALIZED THROUGH A VARIETY OF INITIATIVES AND EVENTS DESIGNED TO ENGAGE THE PUBLIC ON THE IMPORTANCE RAIL TRAVEL HAS HAD ON SHAPING THE COUNTRY BY CONNECTING IDEAS, ADVANCEMENTS AND EXPERIENCE. WE BELIEVE IF WALLS COULD TALK, SOCIETY WOULD BE MORE TOLERANT. HISTORY CONNECTS PEOPLE WITH THEIR HERITAGE, FOSTERING A CULTURE THAT CELEBRATES PROGRESS, ART AND DIVERSITY. THERE ARE CULTURAL, SOCIAL, ECONOMIC, ENVIRONMENTAL AND EDUCATIONAL BENEFITS TO HISTORIC PRESERVATION, ALL OF WHICH ARE INTERCONNECTED. HISTORIC BUILDINGS LEND COMMUNITIES UNIQUE CHARACTER AND HELP ENSURE A MEANINGFUL LEGACY FOR FUTURE GENERATIONS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $182,351

Program Service Revenue $213,504

Investment Income $0

Other Revenue $0

TOTAL REVENUE $395,855

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $210,268

Other Expenses $212,082

TOTAL EXPENSES $212,082

Year-over-Year Comparison

	2023	2022	Change
Revenue	$395,855	$304,968	+0.3%
Expenses	$212,082	$521,003	-0.6%
Net Income	$183,773	$-216,035	-1.9%

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

Governance

Voting Members

Independent Members

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
MAUREEN MEULEN	PRINCIPAL OF	5.00	Officer Director	$0	$0	$0
ADAM ROSENFELT	PRINCIPAL OF	5.00	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
2024	No data	No data	No data	No data
2023	$395,855	$212,082	$271,761	$183,773
2022	$304,968	$521,003	$329,066	$-216,035
2021	$706,965	$667,147	$54,865	$39,818

DEPARTURE INSTITUTE INC