REAL THEATRE COMPANY WACO INC (EIN 932151740) - 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

2024

Legal Domicile

Phone

4403908398

Tax Period

2024-01-01 to 2024-12-31

REAL THEATRE COMPANY WACO INC, founded in 2024, is a micro nonprofit that reported $23K in total revenue in fiscal year 2024. Expenses of $28K exceeded revenue, resulting in a 25% operating deficit.

Mission

Real Theatre Company Waco gives a voice to the voiceless and for the invisible, a place to be seen. Real Theatre Company exists to enrich our community by providing a safe environment where kids and adults can cultivate their love for performing through education, rehearsal and performance. Our team does this through our three core tenants: 1. Equip RTC equips our students with the right tools, training and time to effectively meet the current and future goals both on and off the stage. 2. Enable The RTC team members are Success Enablers. We remove obstacles, encourage positive behaviors and demonstrate this through mentors, teachers and professional role models. 3. Empower We provide opportunities where students can use their talents to entertain the community and enrich their love for performing arts through showcases, camps, lessons, performances and more.

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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 $1,300

Program Service Revenue $21,311

Investment Income $0

Other Revenue $0

TOTAL REVENUE $22,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,236

Other Expenses $28,236

TOTAL EXPENSES $28,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,611	N/A	N/A
Expenses	$28,236	N/A	N/A
Net Income	$-5,625	$0	N/A

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

N/A

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
Valerie Kocel	President	10	Officer	$0	$0	$0
Paul Kocel	Secretary	5	Officer	$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
2025	No data	No data	No data	No data
2024	$22,611	$28,236	$-3,625	$-5,625

REAL THEATRE COMPANY WACO INC