NU ART EDUCATION INC (EIN 833085880) - 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

2019

Legal Domicile

Principal Officer

MARTIN NOUFER

Phone

9169550318

Tax Period

2024-01-01 to 2024-12-31

NU ART EDUCATION INC, founded in 2019, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. Expenses of $3.2M left a modest 14% surplus.

Mission

PROVIDE CORE ARTS EDUCATION TO STUDENTS

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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 $700,448

Program Service Revenue $3,023,619

Investment Income $37,895

Other Revenue $0

TOTAL REVENUE $3,761,962

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,504,366

Fundraising Expenses $37,320

Program Expenses $3,055,300

Other Expenses $728,473

TOTAL EXPENSES $3,232,839

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,761,962	$2,180,810	+0.7%
Expenses	$3,232,839	$1,893,295	+0.7%
Net Income	$529,123	$287,515	+0.8%

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

167

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

$39,500

Total Directors

$39,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIN NOUFER	DIRECTOR	8.00	Officer Director	$0	$0	$39,500
ADAM AHMED	TREASURER	10.00	Director	$0	$0	$0
AMBER COSBY	DIRECTOR	6.00	Director	$0	$0	$0
MICHELE NOUFER	EXECUTIVE DI	40.00	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	$3,761,962	$3,232,839	$1,339,649	$529,123
2023	$2,180,810	$1,893,295	$635,517	$287,515
2022	$1,178,938	$1,070,796	$349,274	$108,142
2021	$452,537	$402,475	No data	$50,062
2021	$452,537	$289,744	$185,007	$162,793
2020	$329,745	$269,836	$59,909	$59,909
2020	$329,745	$307,531	No data	$22,214

NU ART EDUCATION INC