Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Borrego Art Institute
990 • Fiscal year 2023 • EIN 20-2491691
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.17x
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Balance Sheet
Assets
Down$2,154,305
Down $166,781 (-7.2%) from 2022
Net Assets
Down$1,786,702
Down $153,532 (-7.9%) from 2022
Liabilities
Down$367,603
Down $13,249 (-3.5%) from 2022
Revenue And Expenses
Revenue
Down$536,933
Down $136,086 (-20%) from 2022
Expenses
Up$690,465
Up $205,008 (+42%) from 2022
Net Income
Down-$153,532
Down $341,094 (-182%) from 2022
Historical Trend
Filing Detail Status
This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2022 to Jun 30, 2023
Mission and Program Overview
Mission
Provide a venue for local residents to display art for the education of the community. To provide a learning center for artists of all ages and provide scholarships for the youth of the Borrego community.
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Summary only. Only limited summary data is available for this year.
- Assets
- $2,154,305
- Liabilities
- $367,603
- Net assets
- $1,786,702
- Revenue
- $536,933
- Expenses
- $690,465
- Net income
- -$153,532