Scholarship Audition Performance P… - Form 990 Financial Data

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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

2023

Legal Domicile

Principal Officer

William Mitchell

Phone

6267938706

Tax Period

2025-01-01 to 2025-12-31

Scholarship Audition Performance Preparatory Acade, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $134K in total revenue in fiscal year 2025.

Mission

Providing Training and Support to young Artist to achieve professionalism

Program Service Accomplishments

Program 1

Expenses: $106,929 Revenue: $134,472

Providing Training and Support to young Artist to achieve professionalism

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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 (2025)

Revenue Breakdown

Contributions & Grants $134,473

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $134,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $106,929

Other Expenses $130,929

TOTAL EXPENSES $130,929

Year-over-Year Comparison

	2025	2024	Change
Revenue	$134,473	$136,324	0.0%
Expenses	$130,929	$132,046	0.0%
Net Income	$3,544	$4,278	-0.2%

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
William Mitchell	Chief Executive Officer	40.00	Officer	$0	$0	$0
David Spiro	Chief Financial Officer	16.00	Officer	$0	$0	$0
Judith Sydner-Gordon	Secretary	16.00	Officer	$0	$0	$0
Randy Bellous	Treasurer	16.00	Officer	$0	$0	$0
Nancy Lucero	Board Member	8.00	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	$134,473	$130,929	$33,680	$3,544
2024	$136,324	$132,046	$28,736	$4,278
2023	$117,044	$92,685	$24,459	$24,359

Scholarship Audition Performance Preparatory Acade