THE JAM MASTER JAY FOUNDATION FOR MUSIC C/O PROSKAUER ATTN N BIRDSALL (EIN 200219598) - 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

2004

Legal Domicile

Principal Officer

TERRI CORLEY-MIZELL

Phone

2129693662

Tax Period

2024-01-01 to 2024-12-31

THE JAM MASTER JAY FOUNDATION FOR MUSIC C/O PROSKAUER ATTN N BIRDSALL, founded in 2004, is a micro nonprofit in the Education sector that reported $126 in total revenue in fiscal year 2024. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $7K exceeded revenue, resulting in a 5847% operating deficit.

Mission

TO PERPETUATE A COMMITMENT TO EXCELLENCE AND PUBLIC APPRECIATION OF MUSIC BY SUCH MEANS AS SHALL BE FOUND CHARITABLE IN NATURE, WHICH SHALL INCLUDE PROVIDING AND SUPPORTING PROGRAMS THAT WILL ENLIGHTEN THE PUBLIC AND INSTILL APPRECIATION FOR MUSIC.

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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 $0

Program Service Revenue $0

Investment Income $102

Other Revenue $24

TOTAL REVENUE $126

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,463

Other Expenses $4,493

TOTAL EXPENSES $7,493

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126	$14,942	-1.0%
Expenses	$7,493	$33,372	-0.8%
Net Income	$-7,367	$-18,430	-0.6%

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
TERRI CORLEY-MIZELL	PRESIDENT	1.00	Officer Director	$0	$0	$0
TJ MIZELL	TREASURER	1.00	Officer Director	$0	$0	$0
JESSE MIZELL	SECRETARY	1.00	Officer Director	$0	$0	$0
CLAYTON BARMORE	DIRECTOR	1.00	Director	$0	$0	$0
ERIK BLAMOVILLE	DIRECTOR	1.00	Director	$0	$0	$0
LYOR COHEN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DELZIO	DIRECTOR	1.00	Director	$0	$0	$0
WENDELL FITE	DIRECTOR	1.00	Director	$0	$0	$0
JESSE ITZLER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN NITKIN	DIRECTOR	1.00	Director	$0	$0	$0
ROB PRINCIPE	DIRECTOR	1.00	Director	$0	$0	$0
CONSTANCE SCHWARTZ	DIRECTOR	1.00	Director	$0	$0	$0
CATHY SYMEONIDIS	DIRECTOR	1.00	Director	$0	$0	$0
IVAN TABACK	DIRECTOR	1.00	Director	$0	$0	$0
DAVID WEISSWASSER	DIRECTOR	1.00	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	$126	$7,493	$11,286	$-7,367
2023	$14,942	$33,372	$18,653	$-18,430
2022	$80,058	$55,000	$37,083	$25,058
2021	$515	$6,965	$12,025	$-6,450
2020	$6,593	$13,477	$18,475	$-6,884
2019	$10,026	$6,431	$25,359	$3,595
2018	$332	$20,313	$21,764	$-19,981

THE JAM MASTER JAY FOUNDATION FOR MUSIC C/O PROSKAUER ATTN N BIRDSALL