FLIGHT PATH DANCE FOUNDATION INC (EIN 850570504) - 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

2020

Legal Domicile

Principal Officer

SYLVIE SCOWCROFT

Phone

9175872071

Tax Period

2024-01-01 to 2024-12-31

FLIGHT PATH DANCE FOUNDATION INC, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $397K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $380K left a modest 4% surplus.

Mission

TUITON-FREE DANCE TRAINING FOR YOUNG PEOPLE.

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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 $396,508

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $396,508

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,422

Fundraising Expenses $18,342

Program Expenses $230,068

Other Expenses $196,126

TOTAL EXPENSES $379,548

Year-over-Year Comparison

	2024	2023	Change
Revenue	$396,508	$328,741	+0.2%
Expenses	$379,548	$359,046	+0.1%
Net Income	$16,960	$-30,305	-1.6%

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

$171,105

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE SANDS	PRESIDENT	1.00	Officer Director	$0	$0	$0
LEEANA WOLFMAN	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
SYLVIE SCOWCROFT	TREASURER	1.00	Officer Director	$0	$0	$0
GINGER NORMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
CHARLES WALLY MUNRO	DIRECTOR	1.00	Director	$0	$0	$0
LEONARD MAJZLIN	DIRECTOR	1.00	Director	$0	$0	$0
WENDY LI	DIRECTOR	1.00	Director	$0	$0	$0
SEAN MCCABE	PROGRAM MANAGER	40.00	Officer	$61,000	$3,829	$64,829
MICHAEL MCGOWN	PROGRAM DIRECTOR	40.00	Officer	$100,000	$6,276	$106,276

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	$396,508	$379,548	$72,123	$16,960
2023	$328,741	$359,046	$46,805	$-30,305

FLIGHT PATH DANCE FOUNDATION INC