Hudson Cultural Alliance Inc (EIN 842911060) - 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

Tax Period

2023-07-01 to 2024-06-30

Hudson Cultural Alliance Inc, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $261K in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $97K, a strong 37% operating margin.

Mission

The Hudson Cultural Alliance is an all-volunteer,nonprofit that is spearheading the vision of an arts center to attract visitors andbusinesses, create opportunities for community engagement, and increase the regions overall quality of life,the Hudson Armory Project.

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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 (2023)

Revenue Breakdown

Contributions & Grants $260,869

Program Service Revenue $0

Investment Income $334

Other Revenue $0

TOTAL REVENUE $261,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $618

Program Expenses $23,912

Other Expenses $163,338

TOTAL EXPENSES $163,956

Year-over-Year Comparison

	2023	2022	Change
Revenue	$261,203	$142,227	+0.8%
Expenses	$163,956	$85,725	+0.9%
Net Income	$97,247	$56,502	+0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Patricia Luoto	Clerk	5.00	Officer Director	$0	$0	$0
Thomas Desmond	President	5.00	Officer Director	$0	$0	$0
Charles Randall	Treasurer	5.00	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
2025	No data	No data	No data	No data
2024	$261,203	$163,956	$265,411	$97,247
2023	$142,227	$85,725	$168,164	$56,502
2022	$116,424	$28,816	$111,662	$87,608
2021	$25,180	$1,294	$24,054	$23,886

Hudson Cultural Alliance Inc