HEMET VALLEY ART ASSOCIATION INC (EIN 953181720) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Phone

9516524592

Tax Period

2024-01-01 to 2024-12-31

HEMET VALLEY ART ASSOCIATION INC, founded in 1981, is a micro nonprofit that reported $28K in total revenue in fiscal year 2024. Expenses of $27K left a modest 3% surplus.

Mission

Hemet Valley Art Association exists to encourage and develop the appreciation study and practice of fine arts. We are here to further educate inspire and enrich the lives of others and promote art in Hemet. We do this through our programs classes workshops exhibits scholarships and other activities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,724

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $27,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,028

Other Expenses $26,858

TOTAL EXPENSES $26,858

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,724	$27,724	N/A
Expenses	$26,858	N/A	N/A
Net Income	$866	$27,724	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

134

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	Role	Reportable Comp	Other Comp	Total
Alison Weiman	President	Officer	$0	$0	$0
Lynn Throckmorton	Vice-President	Officer	$0	$0	$0
Anna M Ives	Treasurer	Officer	$0	$0	$0
Kathy Schmitt	Secy	Officer	$0	$0	$0
Art Majerus	Gallery Director	Officer	$0	$0	$0
Sheryl Cooley	Parliamentarian	Officer	$0	$0	$0
Jenny Gagnon	Board Member	Officer	$0	$0	$0
Diana Klewenhagen	Board Member	Officer	$0	$0	$0
Patti Greco	Board Member	Officer	$0	$0	$0
na	na	Officer	$0	$0	$0
na	na	Officer	$0	$0	$0
na	na	Officer	$0	$0	$0
na	na	Officer	$0	$0	$0
na	na	Officer	$0	$0	$0
na	na	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
2024	$27,724	$26,858	$68,182	$866

HEMET VALLEY ART ASSOCIATION INC