PAKACHOAG MUSIC SCHOOL OF GREATER WORCESTER (EIN 043029253) - 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

Formation Year

1988

Legal Domicile

Principal Officer

KALLIN JOHNSON

Phone

5087918159

Tax Period

2023-09-01 to 2024-08-31

PAKACHOAG MUSIC SCHOOL OF GREATER WORCESTER, founded in 1988, is a small nonprofit in the Arts, Culture & Humanities sector that reported $418K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $516K exceeded revenue, resulting in a 24% operating deficit.

Mission

PAKACHOAG MUSIC SCHOOL IS DEDICATED TO STRENGTHENING COMMUNITY THROUGH MUSIC. BY PROVIDING HIGH-QUALITY MUSIC EXPERIENCES, WE CHALLENGE STUDENTS TO STRETCH, TAKE RISKS, AND GAIN THE CONFIDENCE TO SUCCEED. THROUGH OUTREACH, PARTNERSHIP, AND FINANCIAL AID, WE WORK TO CREATE EQUAL ACCESS FOR ALL.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $113,632

Program Service Revenue $287,702

Investment Income $16,667

Other Revenue $0

TOTAL REVENUE $418,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $337,933

Fundraising Expenses $18,891

Program Expenses $345,979

Other Expenses $178,515

TOTAL EXPENSES $516,448

Year-over-Year Comparison

	2023	2022	Change
Revenue	$418,001	$619,190	-0.3%
Expenses	$516,448	$501,685	+0.0%
Net Income	$-98,447	$117,505	-1.8%

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

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

$62,107

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KALLIN JOHNSON	PRESIDENT	3.00	Officer Director	$0	$0	$0
DARRYL CAFFEE ESQ	TREASURER	3.00	Officer Director	$0	$0	$0
TOM PORTER	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA GROVES	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE MCGANN-STURGEON	CLERK	3.00	Officer Director	$0	$0	$0
GAVIN JONES	DIRECTOR	1.00	Director	$0	$0	$0
JANAKI MONI	DIRECTOR	1.00	Director	$0	$0	$0
TOM SAUPE	DIRECTOR	1.00	Director	$0	$0	$0
PHUC VO	DIRECTOR	1.00	Director	$0	$0	$0
KRISTJON IMPERIO	INTERIM EXECUTIVE DIRECTOR	40.00	Officer	$62,107	$0	$62,107

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	$418,001	$516,448	$629,105	$-98,447
2023	$619,190	$501,685	$758,642	$117,505
2022	$606,904	$471,098	$520,206	$135,806

PAKACHOAG MUSIC SCHOOL OF GREATER WORCESTER