ENCORE PERFORMING ARTS (EIN 862806815) - 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

ADAM RECORD

Phone

4354140049

Tax Period

2024-01-01 to 2024-12-31

ENCORE PERFORMING ARTS, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $264K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE QUALITY INSTRUCTION AND MENTORSHIP FOR CHILDREN AGES 8-18 IN ORDER TO PREPARE THEM FOR A FUTURE IN PERFORMING ARTS. ALSO TO PROVIDE THESE CHILDREN OPPORTUNITIES TO PERFORM AND SHOWCASE WHAT THEY HAVE LEARNED.

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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 $48,154

Program Service Revenue $216,027

Investment Income $0

Other Revenue $0

TOTAL REVENUE $264,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,350

Fundraising Expenses $0

Program Expenses $229,001

Other Expenses $254,747

TOTAL EXPENSES $268,097

Year-over-Year Comparison

	2024	2023	Change
Revenue	$264,181	$354,815	-0.3%
Expenses	$268,097	$353,616	-0.2%
Net Income	$-3,916	$1,199	-4.3%

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

108

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

$13,350

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYAN WATABE	CHAIR PERSON	1.00	Officer Director	$0	$0	$0
CORBIN ALLRED	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW DICKERSON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT KRAMER	DIRECTOR	1.00	Director	$0	$0	$0
SHIRLEY KRAMER	DIRECTOR	1.00	Director	$0	$0	$0
KYLA LAWRENCE	DIRECTOR	1.00	Director	$0	$0	$0
ABIGAIL PEARSON	EXECUTIVE TEAM	15.00	Officer	$3,200	$0	$3,200
ADAM RECORD	EXECUTIVE TEAM	15.00	Officer	$7,650	$0	$7,650
RHETT MAGIC	EXECUTIVE TEAM	15.00	Officer	$2,500	$0	$2,500

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	$264,181	$268,097	$11,155	$-3,916
2023	$354,815	$353,616	$35,328	$1,199
2022	$302,493	$320,697	$32,595	$-18,204

ENCORE PERFORMING ARTS