ARTS EMPOWERING LIFE TRUST (EIN 851000546) - 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

VICTORIA KANAGA

Phone

5082555500

Tax Period

2022-07-01 to 2023-06-30

ARTS EMPOWERING LIFE TRUST, founded in 2020, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $23K in total revenue in fiscal year 2022. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $17K, a strong 73% operating margin.

Mission

THE PURPOSE OF THE TRUST IS TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES AND MISSIONS OF ARTS EMPOWERING LIFE, INC. BY COMMUNICATING WITH DONORS, AND BY RECEIVING ADMINISTERING, AND MANAGING SUCH STOCKS, BONDS, NOTES, AND OTHER REAL AND PERSONAL PROPERTY AS MAY BE DONATED FROM TIME TO TIME BY GIFT, BEQUEST, OR DEVISE, AND TO DISTRIBUTE THE SAME TO OR FOR THE BENEFIT OF ARTS EMPOWERING LIFE, INC. IN SUCH AMOUNTS AND AT SUCH TIMES AS THE TRUSTEES MAY DETERMINE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $22,887

Other Revenue $0

TOTAL REVENUE $22,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,285

TOTAL EXPENSES $6,285

Year-over-Year Comparison

	2022	2021	Change
Revenue	$22,887	$43,418	-0.5%
Expenses	$6,285	$7,398	-0.2%
Net Income	$16,602	$36,020	-0.5%

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
MARY DWYER	TRUSTEE	1.00	Director	$0	$0	$0
VICTORIA KANAGA	TRUSTEE	1.00	Director	$0	$0	$0
KIRSTI PFEIFFER	TRUSTEE	1.00	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	No data	No data	No data	No data
2023	$22,887	$6,285	$783,534	$16,602
2022	$43,418	$7,398	$601,541	$36,020
2021	$231,020	No data	$1,136,422	No data
2020	$2,493	$605	$785,407	$1,888

ARTS EMPOWERING LIFE TRUST