ROSFEST INC

EIN: 841832247 501(c)(3) Arts, Culture & Humanities

Sarasota, FL

Total Revenue
$241,840
Total Expenses
$244,943
Total Assets
$14,352
Net Assets
$14,352
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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
FL
Tax Period
2022-01-01 to 2022-12-31

ROSFEST INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $242K in total revenue in fiscal year 2022. Revenue surged 191% from the prior year, signaling strong growth momentum.

Mission

FESTIVAL MUSIC ENTERTAINMENT ACTIVITIES

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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 (2022)

Revenue Breakdown

Contributions & Grants $81,000
Program Service Revenue $160,840
Investment Income $0
Other Revenue $0
TOTAL REVENUE $241,840

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $230,995
Other Expenses $244,943
TOTAL EXPENSES $244,943

Year-over-Year Comparison

2022 2021 Change
Revenue $241,840 $83,007 +1.9%
Expenses $244,943 $66,552 +2.7%
Net Income $-3,103 $16,455 -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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OCTAVIA BROWN DIRECTOR 0.00
Director
$0 $0 $0
LISA WETTON DIRECTOR 0.00
Director
$0 $0 $0
REBECCA AVELAR DIRECTOR-SECRETARY 0.00
Officer Director
$0 $0 $0
JOHN BLANGERO DIRECTOR-PRESIDENT 0.00
Officer Director
$0 $0 $0
NICK KATONA DIRECTOR-VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
ANTHONY ANZALONE DIRECTOR-CFO 0.00
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
2022 $241,840 $244,943 $14,352 $-3,103
2020 $16,174 $74,565 $1,000 $-58,391
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