Patriot Art Foundation (EIN 832039772) - 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

Beth Meredith

Tax Period

2025-01-01 to 2025-12-31

Patriot Art Foundation, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $94K in total revenue in fiscal year 2025. The organization ran a surplus of $41K, a strong 44% operating margin.

Mission

The organizations exempt purpose is to educate on and raise public awareness of the veteran experience through art and promote healing and restoration among veterans through artistic expression

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $93,465

Program Service Revenue $0

Investment Income $794

Other Revenue $0

TOTAL REVENUE $94,259

Expense Breakdown

Grants Paid $18,036

Salaries & Benefits $21,315

Fundraising Expenses $0

Program Expenses $43,235

Other Expenses $13,442

TOTAL EXPENSES $52,793

Year-over-Year Comparison

	2025	2024	Change
Revenue	$94,259	N/A	N/A
Expenses	$52,793	N/A	N/A
Net Income	$41,466	N/A	N/A

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

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

$19,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Peggy L Tadej	Executive Director	10.00	Director	$19,800	$0	$19,800
Martha Waggoner	Director	9.00	Director	$0	$0	$0
Libby Billham	Director	8.00	Director	$0	$0	$0
Tim Gagnon	Director	1.25	Director	$0	$0	$0
Susan Marlowe	Director	1.00	Director	$0	$0	$0
Mary Whyte Nemirow	Director	12.50	Director	$0	$0	$0
Francine Christiansen	Director	2.50	Director	$0	$0	$0
Anita Keefe	Director	2.50	Director	$0	$0	$0
Christian Nestor	Director	0.50	Director	$0	$0	$0
Joan Naugle	Secretary	1.25	Officer	$0	$0	$0
Beth Meredith	President	5.00	Officer	$0	$0	$0
Michael Greenberg	Treasurer	3.00	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
2025	$94,259	$52,793	$224,626	$41,466
2024	$72,104	$124,533	$182,999	$-52,429
2023	$62,442	$23,598	$235,429	$38,844
2020	$18,026	$41,330	$194,873	$-23,304
2019	$272,793	$56,979	$218,177	$215,814

Patriot Art Foundation