ESPANOLA VALLEY FIBER ARTS CENTER (EIN 850442395) - Form 990 Financial Analysis & Trantor Score

🔒

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

2002

Legal Domicile

Principal Officer

KIMBERLY ZITZOW

Phone

5057443577

Tax Period

2024-01-01 to 2024-12-31

ESPANOLA VALLEY FIBER ARTS CENTER, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $186K in total revenue in fiscal year 2024. Expenses of $297K exceeded revenue, resulting in a 59% operating deficit.

Mission

PRIMARY EXEMPT PURPOSE THE ESPANOLA VALLEY FIBER ARTS CENTER (EVFAC) IS A UNIQUE RESOURCE FOR FIBER ARTISTS AND THOSE WHO FIND BEAUTY IN THE FIBER ARTS. VISITORS TO THE ADOBE STOREFRONT IN THE HISTORIC DISTRICT OF ESPANOLA ENTER A WORLD OF LOOMS, COLORFUL YARNS, BEAUTIFUL HANDMADE TEXTILES, BOOKS, AND SUPPLIES. EVFACS MISSION IS TO CULTIVATE AND SUPPORT ACCESSIBLE, MULTI-GENERATIONAL PARTICIPATION IN LOCAL, TRADITIONAL AND CONTEMPORARY FIBER ARTS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $90,318

Program Service Revenue $94,621

Investment Income $549

Other Revenue $662

TOTAL REVENUE $186,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,922

Fundraising Expenses $0

Program Expenses $195,035

Other Expenses $190,685

TOTAL EXPENSES $296,607

Year-over-Year Comparison

	2024	2023	Change
Revenue	$186,150	N/A	N/A
Expenses	$296,607	N/A	N/A
Net Income	$-110,457	N/A	N/A

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

212

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

$95,270

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBBIE HARRIS	RETAIL MANAG	40.00	Officer	$44,386	$0	$44,386
KIMBERLY ZITZOW	DIRECTOR	30.00	Officer	$42,597	$0	$42,597
MICHELLE PEIXINHO	RETAIL ASSOC	14.00	Officer	$8,287	$0	$8,287
LEIGH ALEXANDER	TREASURER	4.00	Officer	$0	$0	$0
MARK BOND	VICE PRESIDE	1.00	Officer	$0	$0	$0
DAIN DALLER	PRESIDENT	1.00	Officer	$0	$0	$0
MARIA JONSSON	SECRETARY	1.00	Officer	$0	$0	$0
ROY KADY	BOARD MEMBER	1.00	Officer	$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	$186,150	$296,607	$289,137	$-110,457
2018	$399,106	$445,671	$409,330	$-46,565

ESPANOLA VALLEY FIBER ARTS CENTER