Providence Martial Arts Inc (EIN 920178740) - 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

2003

Legal Domicile

Phone

4013387186

Tax Period

2024-01-01 to 2024-12-31

Providence Martial Arts Inc, founded in 2003, is a small nonprofit in the Recreation & Sports sector that reported $122K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $141K exceeded revenue, resulting in a 15% operating deficit.

Mission

Martial Arts Training, Self Defense and Discipline Instructions

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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 $122,087

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $122,087

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,800

Fundraising Expenses $0

Program Expenses $140,792

Other Expenses $93,992

TOTAL EXPENSES $140,792

Year-over-Year Comparison

	2024	2023	Change
Revenue	$122,087	$153,240	-0.2%
Expenses	$140,792	$124,428	+0.1%
Net Income	$-18,705	$28,812	-1.6%

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

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

$46,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Keville Kouraj	Director	30.00	Director	$23,400	$0	$23,400
Karim Kouraj	President	30.00	Director	$23,400	$0	$23,400

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	$122,087	$140,792	$94,667	$-18,705
2023	$153,240	$124,428	$113,372	$28,812
2022	$119,452	$109,237	$84,560	$10,215
2021	$105,625	$99,291	$74,345	$6,334
2020	$98,151	$86,786	$68,011	$11,365
2019	$103,965	$101,856	$56,646	$2,109
2018	$128,575	$91,906	$54,537	$36,669

Providence Martial Arts Inc