Celebration

🔒

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

1985

Legal Domicile

Principal Officer

William S Farra

Tax Period

2023-01-01 to 2023-12-31

Celebration, founded in 1985, is a small nonprofit that reported $266K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $237K left a modest 11% surplus.

Program Service Accomplishments

Program 1

Expenses: $95,639

Serves a variety of Churches and Individuals by providing good quality, blended worship resources and pastoral musician services and consultation:Celebration provides musicians to lead worship in...

Serves a variety of Churches and Individuals by providing good quality, blended worship resources and pastoral musician services and consultation:Celebration provides musicians to lead worship in local congregations and teach hymnody at the local Seminary. It also provides blended worship resources such as hymnal supplements, alter books, anthems communion settings, CDs Tapes and study courses on our website. 295 persons are served by using the Liturgical Resources, 3,194 persons are served at worship services, 75 persons are served at retreats and conferences.

Program 2

Expenses: $53,499

Celebration provides a Greenhouse Lab Program which helps emerging, grassroots leaders multiply businesses, non-profits, and other community development projects and initiatives, putting first the...

Celebration provides a Greenhouse Lab Program which helps emerging, grassroots leaders multiply businesses, non-profits, and other community development projects and initiatives, putting first the needs of the most vulnerable in our region, providing access to entrepreneurial resources to those affected by marginalization, poverty, and injustice. Greenhouse Lab serves 283 people by providing support and services for local entrepreneurs, privileging those affected by marginalization.

Program 3

Expenses: $33,233

Celebration serves 14 low income families and individuals by providing safe, afforable housing. The organization keeps the rent below market rates, works with tenants who have difficulty paying their rent, provides on-site 24/7 maintenance, and provides landscaping, lawn care, and snow removal for all tenants. It also provides a large, common green space for all tenants.

🔒

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 $40,203

Program Service Revenue $183,800

Investment Income $37,683

Other Revenue $4,754

TOTAL REVENUE $266,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,075

Fundraising Expenses $0

Program Expenses $186,419

Other Expenses $189,463

TOTAL EXPENSES $236,538

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,440	$286,679	-0.1%
Expenses	$236,538	$236,755	0.0%
Net Income	$29,902	$49,924	-0.4%

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

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

$31,208

Total Directors

$32,332

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Jordan	Treasurer	30.00	Officer Director	$27,060	$0	$27,060
William S Farra	President	30.00	Officer Director	$0	$3,305	$3,305
Steven McKeown	Director	30.00	Director	$0	$856	$856
James Von Minden	Vice President	30.00	Officer Director	$0	$843	$843
Mildred Farra	Director	30.00	Director	$0	$268	$268
Brandie Pupi	Director	30.00	Director	$0	$0	$0
Michael Carowitz	Director	30.00	Director	$0	$0	$0
Michelle Guzie	Director	30.00	Director	$0	$0	$0
Joel Repic	Secretary	30.00	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	$266,440	$236,538	$2,163,246	$29,902
2022	$286,679	$236,755	$1,915,207	$49,924
2021	$355,237	$211,053	$2,135,021	$144,184
2020	$216,581	$155,179	$1,877,071	$61,402
2019	$189,313	$183,125	$1,742,487	$6,188
2018	$299,674	$184,686	$1,588,373	$114,988