Guitar and Accessories Marketing Association Inc (EIN 133761506) - 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

1995

Legal Domicile

Principal Officer

Dennis Webster

Phone

9722339107

Tax Period

2024-01-01 to 2024-12-31

Guitar and Accessories Marketing Association Inc, founded in 1995, is a small nonprofit that reported $106K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $101K left a modest 5% surplus.

Mission

Expand the guitar industry

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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 $79,500

Program Service Revenue $23,018

Investment Income $3,206

Other Revenue $0

TOTAL REVENUE $105,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $72,228

Other Expenses $100,597

TOTAL EXPENSES $100,597

Year-over-Year Comparison

	2024	2023	Change
Revenue	$105,724	$78,866	+0.3%
Expenses	$100,597	$109,538	-0.1%
Net Income	$5,127	$-30,672	-1.2%

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
Dennis Webster	President	0.00	Officer Director	$0	$0	$0
Glen McCarthy	TGW Chair	0.25	Director	$0	$0	$0
Chris DeMaria	Board Member	0.50	Director	$0	$0	$0
Heather Mansell	Board Member	0.25	Director	$0	$0	$0
Jeff Moore	Treasurer	0.25	Officer Director	$0	$0	$0
Justin Norvell	Board Member	0.25	Director	$0	$0	$0
Brian Piccolo	President Elect	0.25	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	$105,724	$100,597	$185,585	$5,127
2023	$78,866	$109,538	$176,878	$-30,672
2022	$100,032	$114,296	$206,550	$-14,264
2021	$128,693	$129,435	$220,814	$-742
2020	$97,925	$111,258	$221,556	$-13,333
2019	$198,937	$186,183	$237,645	$12,754
2018	$165,359	$146,174	$223,614	$19,185

Guitar and Accessories Marketing Association Inc