HOODOO ART FOUNDATION (EIN 862785808) - 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

2021

Legal Domicile

Principal Officer

ANDREW HALL

Phone

8063548802

Tax Period

2024-01-01 to 2024-12-31

HOODOO ART FOUNDATION, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $183K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

THE FOUNDATION'S MISSION IS TO INSPIRE THE AMARILLO, TEXAS COMMUNITY TO UNITE THROUGH PUBLIC ART, URBAN BEAUTIFICATION AND CREATIVITY.

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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 $178,130

Program Service Revenue $0

Investment Income $0

Other Revenue $5,142

TOTAL REVENUE $183,272

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $189,841

Other Expenses $191,930

TOTAL EXPENSES $193,430

Year-over-Year Comparison

	2024	2023	Change
Revenue	$183,272	$157,277	+0.2%
Expenses	$193,430	$145,106	+0.3%
Net Income	$-10,158	$12,171	-1.8%

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

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
ANDREW HALL	President/Treas	5.00	Officer Director	$0	$0	$0
SHELBY MASSEY	Vice President	1.00	Officer Director	$0	$0	$0
TOM KNAPP	Secretary	1.00	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
2024	$183,272	$193,430	$37,595	$-10,158
2023	$157,277	$145,106	$47,761	$12,171
2022	$169,013	$150,534	$35,582	$18,479

HOODOO ART FOUNDATION