CORO ALLEGRO INC (EIN 043094752) - 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

1990

Legal Domicile

Principal Officer

JOHN BROWN

Phone

6172364011

Tax Period

2024-09-01 to 2025-08-31

CORO ALLEGRO INC, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $213K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $240K exceeded revenue, resulting in a 12% operating deficit.

Mission

A MUSICAL ORGANIZATION COMPRISED OF MEMBERS & FRIENDS OF THE LESBIAN, GAY, BISEXUAL AND TRANSGENDER COMMUNITIES DEDICATED TO THE PERFORMANCE OF SIGNIFICANT CHORAL WORKS FOR THE ENJOYMENT OF ALL.

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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 $125,722

Program Service Revenue $79,106

Investment Income $1,759

Other Revenue $6,851

TOTAL REVENUE $213,438

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,569

Fundraising Expenses $2,848

Program Expenses $183,285

Other Expenses $170,100

TOTAL EXPENSES $239,669

Year-over-Year Comparison

	2024	2023	Change
Revenue	$213,438	$195,615	+0.1%
Expenses	$239,669	$195,868	+0.2%
Net Income	$-26,231	$-253	+102.7%

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

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

$21,595

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUTH MILLER	Executive Dir.	30.00	Officer	$21,595	$0	$21,595
JOHN BROWN	President	10.00	Officer	$0	$0	$0
JINNY FITZGERALD	Vice President	5.00	Officer	$0	$0	$0
JIM FAUNTLEROY	Treasurer	5.00	Officer	$0	$0	$0
NANCY MCGHEE	CLERK	2.00	Officer	$0	$0	$0
LISA ANNE FISCHER	Director	2.00		$0	$0	$0
IZZY PHOENIX	Director	2.00		$0	$0	$0
NOAH PINKHAM	Director	2.00		$0	$0	$0
ANACRISTINA DESCHAMPS	Director	2.00		$0	$0	$0
TOM JONES	Director	2.00		$0	$0	$0
RITA COREY	Director	2.00		$0	$0	$0
ELAINE KLATT	Director	2.00		$0	$0	$0
NELSON YSABEL	Director	2.00		$0	$0	$0
MOLLY STONESPEER	Director	2.00		$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	$213,438	$239,669	$71,216	$-26,231
2024	$195,615	$195,868	$110,745	$-253
2023	$268,000	$269,400	$120,100	$-1,400
2022	$146,800	$152,500	$136,900	$-5,700
2021	$175,400	$124,700	$140,800	$50,700
2021	$182,500	$128,700	$140,600	$53,800
2020	$261,218	$261,552	$114,580	$-334
2020	$208,431	$208,911	$90,200	$-480
2019	$284,774	$282,948	$113,922	$1,826
2018	$231,745	$282,630	$113,683	$-50,885

CORO ALLEGRO INC