WEST PALM BEACH CENTER FOR ARTS & TECHNOLOGY INC (EIN 842128291) - 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

2018

Legal Domicile

Principal Officer

PETER DYGA

Phone

5613736696

Tax Period

2024-01-01 to 2024-12-31

WEST PALM BEACH CENTER FOR ARTS & TECHNOLOGY INC, founded in 2018, is a small nonprofit in the Education sector that reported $163K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $236K exceeded revenue, resulting in a 44% operating deficit.

Mission

We are innovative in our approach to inspire, motivate, and prepare youth and adults for career opportunities and success through arts, technology and job training 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $47,460

Program Service Revenue $115,500

Investment Income $154

Other Revenue $0

TOTAL REVENUE $163,114

Expense Breakdown

Grants Paid $46,902

Salaries & Benefits $143,993

Fundraising Expenses $22,650

Program Expenses $185,776

Other Expenses $44,709

TOTAL EXPENSES $235,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,114	$224,851	-0.3%
Expenses	$235,604	$192,453	+0.2%
Net Income	$-72,490	$32,398	-3.2%

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

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

Key Employees

$7,918

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERALDINE MUOIO	DIRECTOR	3	Officer	$0	$0	$0
STEWART BOSLEY	DIRECTOR	1	Director	$0	$0	$0
MICHAEL CORBIT	DIRECTOR	1	Director	$0	$0	$0
PETER DYGA	DIRECTOR	3	Officer	$0	$0	$0
CLAUDIA BARTO	EXECUTIVE DIRECTOR	40	Key Emp	$7,918	$0	$7,918
FRED BARCH	DIRECTOR	2	Director	$0	$0	$0
JOHN CARPENTER	DIRECTOR	2	Director	$0	$0	$0
DON CHESTER	DIRECTOR	2	Director	$0	$0	$0
SAL FASO	DIRECTOR	2	Director	$0	$0	$0
JEANETTE GORDON	DIRECTOR	2	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
2025	No data	No data	No data	No data
2024	$163,114	$235,604	$171,392	$-72,490
2023	$224,851	$192,453	$241,902	$32,398
2022	$344,881	$219,457	$209,503	$125,424
2021	$267,151	$192,466	$85,347	$74,685

WEST PALM BEACH CENTER FOR ARTS & TECHNOLOGY INC