Los Angeles, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Free Arts dba Free Arts for Abused Children, founded in 1977, is a small nonprofit in the Arts, Culture & Humanities sector that reported $607K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $701K exceeded revenue, resulting in a 16% operating deficit.
Free Arts programs inspire hope in the lives of children who have experienced abuse, neglect, poverty and homelessness through innovative creative arts programs and positive interactions with caring adult volunteers. Free Arts envisions a society of individuals from different communities, cultures and life experiences connecting through the healing power of art to interrut the cycle of violence, create understanding, build self-esteem and nurture better lives.
Free Arts uses art to restore hope, resiliency and self-esteem in children in Los Angeles ages 4-18 who have experienced abuse, neglect, poverty and homelessness. Free Arts creates a safe environment...
Free Arts uses art to restore hope, resiliency and self-esteem in children in Los Angeles ages 4-18 who have experienced abuse, neglect, poverty and homelessness. Free Arts creates a safe environment where children can feel, understand and express their emotions and begin to recover and gain a sense of mastery and empowerment. We pair children with adult mentors who guide them through their journey of recovery, and serve as a positive role model with whom the child has a beneficial, rather than traumatic relationship.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $606,883 | $856,769 | -0.3% |
| Expenses | $700,959 | $661,419 | +0.1% |
| Net Income | $-94,076 | $195,350 | -1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Bianca Hunter | Executive Dir. | 40.00 |
Officer
|
$84,217 | $0 | $84,217 |
| Jessica Staheli | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jennifer Foyer | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michelle McCarthy | Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Grant Hartwell | Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Aaron Battista | Advisor | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $606,883 | $700,959 | $511,799 | $-94,076 |
| 2022 | $856,769 | $661,419 | $622,835 | $195,350 |
| 2021 | $733,617 | $657,198 | $384,928 | $76,419 |
| 2020 | $777,673 | $644,435 | $310,538 | $133,238 |
| 2019 | $795,511 | $765,549 | $197,585 | $29,962 |
| 2018 | $835,405 | $782,603 | $181,330 | $52,802 |
Compare Free Arts dba Free Arts for Abused Children with other nonprofits in California and across the country.