HOT AUGUST NIGHTS INC (EIN 880221449) - 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

1986

Legal Domicile

Principal Officer

DENY DOTSON

Phone

7753561956

Tax Period

2023-11-01 to 2024-10-31

HOT AUGUST NIGHTS INC, founded in 1986, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2023. Expenses of $3.3M exceeded revenue, resulting in a 10% operating deficit.

Mission

TO GENERATE AND PROMOTE INTEREST IN, AS WELL AS EDUCATE, THE PUBLIC ON HISTORICAL AUTOMOBILES.

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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 $777,720

Program Service Revenue $1,742,043

Investment Income $41,046

Other Revenue $395,536

TOTAL REVENUE $2,956,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $581,811

Fundraising Expenses $0

Program Expenses $3,025,409

Other Expenses $2,680,548

TOTAL EXPENSES $3,262,359

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,956,345	$2,992,870	0.0%
Expenses	$3,262,359	$3,161,731	+0.0%
Net Income	$-306,014	$-168,861	+0.8%

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

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
RANDALL THORNTON	TREASURER	8.00	Officer Director	$0	$0	$0
JAMES HERR	PRESIDENT	10.00	Officer Director	$0	$0	$0
LUIS PALACIO	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS KILIAN	SECRETARY	5.00	Officer Director	$0	$0	$0
JOHN CROWELL	DIRECTOR	1.00	Director	$0	$0	$0
DIANA LEE	DIRECTOR	1.00	Director	$0	$0	$0
LINDA LOTT	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MARSHALL MCBRIDE	DIRECTOR	1.00	Director	$0	$0	$0
TIM HOLLAND	DIRECTOR	1.00	Director	$0	$0	$0
PAUL GORDON	DIRECTOR	1.00	Director	$0	$0	$0
RUSS SHELTRA	DIRECTOR	1.00	Director	$0	$0	$0
LES STUART	DIRECTOR	1.00	Director	$0	$0	$0
VIC REDDING	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SELESNICK	DIRECTOR	1.00	Director	$0	$0	$0
DENY DOTSON	EXECUTIVE DIRECTOR	60.00	Highest	$129,230	$0	$129,230

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	$2,956,345	$3,262,359	$1,346,002	$-306,014
2023	$2,992,870	$3,161,731	$1,429,541	$-168,861
2022	$2,531,447	$2,476,774	$1,711,905	$54,673
2021	$2,387,802	$2,200,833	$1,542,807	$186,969
2020	$292,561	$987,623	$1,616,919	$-695,062

HOT AUGUST NIGHTS INC