MINERAL AREA FINE ARTS ACADEMY INC

EIN: 862742786 501(c)(3)

PARK HILLS, MO

Total Revenue
$223,096
Total Expenses
$209,114
Total Assets
$63,018
Net Assets
$63,018
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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
2021
Legal Domicile
MO
Principal Officer
ROBERT MONKS
Phone
5737476523
Tax Period
2024-01-01 to 2024-12-31

MINERAL AREA FINE ARTS ACADEMY INC, founded in 2021, is a small nonprofit that reported $223K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $209K left a modest 6% surplus.

Mission

EDUCATIONAL/FINE ARTS ACADEMY

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,733
Program Service Revenue $198,363
Investment Income $0
Other Revenue $0
TOTAL REVENUE $223,096

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $209,114
Other Expenses $209,114
TOTAL EXPENSES $209,114

Year-over-Year Comparison

2024 2023 Change
Revenue $223,096 $235,956 -0.1%
Expenses $209,114 $255,137 -0.2%
Net Income $13,982 $-19,181 -1.7%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
2

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT MONKS OFFICER N/A
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 $223,096 $209,114 $63,018 $13,982
2023 $235,956 $255,137 $49,036 $-19,181
2022 $211,440 $185,067 $46,804 $26,373
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