Harvard Band Foundation Inc (EIN 042799839) - 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

Principal Officer

Michael Ruderman

Phone

7819297847

Tax Period

2024-04-01 to 2025-03-31

Harvard Band Foundation Inc is a micro nonprofit in the Arts, Culture & Humanities sector that reported $47K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $93K exceeded revenue, resulting in a 96% operating deficit.

Mission

The organization supports the Harvard University Band with grants and advice.

🔒

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 $54,146

Program Service Revenue $0

Investment Income $40,367

Other Revenue $-47,092

TOTAL REVENUE $47,421

Expense Breakdown

Grants Paid $90,901

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,901

Other Expenses $1,852

TOTAL EXPENSES $92,753

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,421	$70,089	-0.3%
Expenses	$92,753	$118,066	-0.2%
Net Income	$-45,332	$-47,977	-0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cammie O Wynn	President	3.0	Officer Director	$0	$0	$0
Latonya Wright	Vice President	3.0	Officer Director	$0	$0	$0
Timur K Yontar	Treasurer	3.0	Officer Director	$0	$0	$0
A Michael Ruderman	Clerk	3.0	Officer Director	$0	$0	$0
Sam Coppersmith	Director	1.0	Director	$0	$0	$0
Corey O'Hara	Director	1.0	Director	$0	$0	$0
J Mark Patek	Director	1.0	Director	$0	$0	$0
Mark Bagley	Director	1.0	Director	$0	$0	$0
Alisha Creel	Director	1.0	Director	$0	$0	$0
Shep Rainie	Director	1.0	Director	$0	$0	$0
David S Green	Director	1.0	Director	$0	$0	$0
Rachel E Sexton	Director	1.0	Director	$0	$0	$0
Elizabeth Morone	Director	1.0	Director	$0	$0	$0
Scott A Berney	Director	1.0	Director	$0	$0	$0
Courtenay L Kessler	Director	1.0	Director	$0	$0	$0
Robert H Rosen	Director	1.0	Director	$0	$0	$0
Andy Z Li	Director	1.0	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
2025	$47,421	$92,753	$1,791,733	$-45,332
2024	$70,089	$118,066	$1,767,120	$-47,977
2023	$37,986	$62,622	$1,599,754	$-24,636
2022	$42,754	$42,870	$1,729,622	$-116
2021	$49,671	$21,725	$1,611,880	$27,946
2020	$74,958	$92,952	$1,144,816	$-17,994

Harvard Band Foundation Inc