LONG MEADOW ART RESIDENCY INC (EIN 864002324) - 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

WILLIAM HOWARD

Phone

6468841488

Tax Period

2023-01-01 to 2023-12-31

LONG MEADOW ART RESIDENCY INC, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $54K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $101K exceeded revenue, resulting in a 87% operating deficit.

Mission

TO ENRICH AND ADVANCE THE CREATIVE TRAJECTORY OF AN ARTIST (SEE SCHEDULE O)TO ENRICH AND ADVANCE THE CREATIVE TRAJECTORY OF AN ARTIST BY PROVIDING THEM AN INSPIRING AND SUPPORTIVE ENVIORNMENT FREE FROM DISTRACTIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $53,860

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $53,860

Expense Breakdown

Grants Paid $30,400

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $81,402

Other Expenses $70,136

TOTAL EXPENSES $100,536

Year-over-Year Comparison

	2023	2022	Change
Revenue	$53,860	$419,181	-0.9%
Expenses	$100,536	$45,023	+1.2%
Net Income	$-46,676	$374,158	-1.1%

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
DAVID FELDMAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JENNIFER FELDMAN	VICE - CHAIRMAN	1.00	Officer Director	$0	$0	$0
ADAM ALTMAN	TREASURER	1.00	Officer Director	$0	$0	$0
WILLIAM HOWARD	SECERTARY	1.00	Officer Director	$0	$0	$0
ADAM COHEN	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY KREMERS	DIRECTOR	1.00	Director	$0	$0	$0
JOEL MESLER	DIRECTOR	1.00	Director	$0	$0	$0
RASHID JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JAMES FUENTES	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN PRINCE	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE MANASSEH	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$53,860	$100,536	$1,176,453	$-46,676
2022	$419,181	$45,023	$1,223,129	$374,158
2021	$848,972	No data	$848,972	No data

LONG MEADOW ART RESIDENCY INC