OPERALIA FOUNDATION INC (EIN 954857653) - 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

2001

Legal Domicile

Principal Officer

DON E FRANZEN

Phone

3107851710

Tax Period

2024-01-01 to 2024-12-31

OPERALIA FOUNDATION INC, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $376K, a strong 28% operating margin.

Mission

THE FOUNDATION PROVIDES SUPPORT FOR OPERA AND ASPIRING OPERA SINGERS BY FUNDING AN ANNUAL COMPETITION FOR YOUNG ARTISTS. THE COMPETITION IS HELD ON A WORLD WIDE BASIS, TAKING PLACE IN A MAJOR CITY EACH YEAR. THE 2022 COMPETITION TOOK PLACE IN RIGA, LATVIA.

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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 $1,293,514

Program Service Revenue $0

Investment Income $41,040

Other Revenue $0

TOTAL REVENUE $1,334,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $268,400

Fundraising Expenses $0

Program Expenses $888,956

Other Expenses $690,233

TOTAL EXPENSES $958,633

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,334,554	$906,103	+0.5%
Expenses	$958,633	$937,209	+0.0%
Net Income	$375,921	$-31,106	-13.1%

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

$120,000

Total Directors

$120,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALVARO DOMINGO	CEO-Treasurer	40.00	Officer Director	$120,000	$0	$120,000
PLACIDO DOMINGO	Chairman	10.00	Officer Director	$0	$0	$0
DON E FRANZEN	Secretary	1.00	Officer Director	$0	$0	$0
MIHELA DOUET	PRODUCTION MANAGER	40.00		$0	$0	$0
DOMINIC DOMINGO	PROGRAM ASSISTANT	40.00		$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	$1,334,554	$958,633	$1,748,035	$375,921
2023	$906,103	$937,209	$1,371,947	$-31,106
2022	$571,288	$842,826	$1,404,132	$-271,538
2021	$709,940	$823,729	$1,673,932	$-113,789
2020	$2,385	$353,620	$1,787,721	$-351,235
2019	$824,400	$854,469	$2,139,896	$-30,069
2018	$1,900,749	$933,114	$2,176,757	$967,635

OPERALIA FOUNDATION INC