Atlanta Festival Academy Inc (EIN 831944217) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Principal Officer

William Pu

Phone

4045188891

Tax Period

2024-01-01 to 2024-12-31

Atlanta Festival Academy Inc, founded in 2018, is a small nonprofit in the Youth Development sector that reported $168K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

Our mission is to provide cultural education and exchange programs for young musicians and artists around the world through performances, lectures and competitions.

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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 $30,784

Program Service Revenue $123,582

Investment Income $12,527

Other Revenue $900

TOTAL REVENUE $167,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $173,013

Other Expenses $179,061

TOTAL EXPENSES $179,061

Year-over-Year Comparison

	2024	2023	Change
Revenue	$167,793	$215,247	-0.2%
Expenses	$179,061	$155,496	+0.2%
Net Income	$-11,268	$59,751	-1.2%

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

Employees

N/A

Volunteers

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
William Pu	President, Dir.	3.00	Officer Director	$0	$0	$0
Amy Chang	Treasurer, Dir.	3.00	Officer Director	$0	$0	$0
Wei Lin Sigurgeirsson	Director	3.00	Director	$0	$0	$0
Arthur Holst	Director	3.00	Director	$0	$0	$0
Alex Pu	Director	3.00	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	$167,793	$179,061	$190,436	$-11,268
2023	$215,247	$155,496	$202,030	$59,751

Atlanta Festival Academy Inc