SEVENARS CONCERTS INC (EIN 042575633) - 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

1975

Legal Domicile

Principal Officer

Rorianne Schrade

Phone

4132385854

Tax Period

2023-01-01 to 2023-12-31

SEVENARS CONCERTS INC, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $106K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $22K, a strong 21% operating margin.

Mission

INTRODUCTION OF MUSIC AND MUSICAL INSTRUMENTS TO THE PUBLIC

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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 (2023)

Revenue Breakdown

Contributions & Grants $94,022

Program Service Revenue $0

Investment Income $11,487

Other Revenue $0

TOTAL REVENUE $105,509

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,625

Other Expenses $83,625

TOTAL EXPENSES $83,625

Year-over-Year Comparison

	2023	2022	Change
Revenue	$105,509	$211,700	-0.5%
Expenses	$83,625	$106,232	-0.2%
Net Income	$21,884	$105,468	-0.8%

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

N/A

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
Rorianne Schrade	President/Treasurer	017.00	Officer Director	$0	$0	$0
David F James	Director	004.00	Director	$0	$0	$0
N/A	Director	001.00	Director	$0	$0	$0
Alexandra Lynelle James	Director	001.00	Director	$0	$0	$0
Lois Chase	Secretary	001.00	Officer Director	$0	$0	$0
Jeffrey L Williams	Assist. Treasurer	004.00	Officer Director	$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	No data	No data	No data	No data
2023	$105,509	$83,625	$1,064,755	$21,884
2022	$211,700	$106,232	$1,042,498	$105,468
2021	$63,958	$79,434	$936,978	$-15,476
2020	$50,935	$60,314	$952,446	$-9,379
2019	$158,846	$62,292	$962,263	$96,554
2018	$56,255	$62,119	$865,262	$-5,864

SEVENARS CONCERTS INC