Art of Living Inc

EIN: 833256653 501(c)(3)

Fort Worth, TX

Total Revenue
$460,159
Total Expenses
$464,604
Total Assets
$187,295
Net Assets
$170,364
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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
TX
Principal Officer
B D WALSH
Phone
8179841761
Tax Period
2024-01-01 to 2024-12-31

Art of Living Inc, founded in 2019, is a small nonprofit that reported $460K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO IMPROVE THE LIVES OF HOMELESS CHILDREN SO THEY BECOME SELF-RELIANT USING ART AND OTHER EDUCATIONAL AND MENTORING PROGRAMS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $366,674
Program Service Revenue $89,885
Investment Income $0
Other Revenue $3,600
TOTAL REVENUE $460,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $194,344
Fundraising Expenses $0
Program Expenses $464,604
Other Expenses $270,260
TOTAL EXPENSES $464,604

Year-over-Year Comparison

2024 2023 Change
Revenue $460,159 $363,195 +0.3%
Expenses $464,604 $388,938 +0.2%
Net Income $-4,445 $-25,743 -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

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Governance

Voting Members
4
Independent Members
4
Employees
5
Volunteers
70

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BD WALSH Director 5.00
Director
$0 $0 $0
JOSH MILES Trustee 2.00
Director
$0 $0 $0
MIKE KREZUSKI Trustee 2.00
Director
$0 $0 $0
SS WALSH Trustee 2.00
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 $460,159 $464,604 $187,295 $-4,445
2023 $363,195 $388,938 $189,238 $-25,743
2022 $262,158 $295,339 $216,612 $-33,181
2021 $416,692 $453,518 $239,129 $-36,826
2020 $456,526 $486,210 $272,188 $-29,684
2019 $433,410 $136,462 $298,742 $296,948
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