ATLANTA CARIBBEAN CARNIVAL BANDLEADERS ASSOCIATION INC (EIN 200492118) - 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

PATRICIA HENRY

Phone

4045196120

Tax Period

2023-01-01 to 2023-12-31

ATLANTA CARIBBEAN CARNIVAL BANDLEADERS ASSOCIATION INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $309K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

To promote a broader understanding and deeper appreciation for Caribbean culture by seeking the interest of Atlanta Caribbean carnival groups.

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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 (2023)

Revenue Breakdown

Contributions & Grants $194,618

Program Service Revenue $113,945

Investment Income $0

Other Revenue $0

TOTAL REVENUE $308,563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $210,059

Other Expenses $106,244

TOTAL EXPENSES $316,303

Year-over-Year Comparison

	2023	2022	Change
Revenue	$308,563	$251,771	+0.2%
Expenses	$316,303	$218,432	+0.4%
Net Income	$-7,740	$33,339	-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
JANET JACK	DIRECTOR	002.00	Director	$0	$0	$0
NICHY WILLIAMS	VENDORS COORDINATOR	002.00	Director	$0	$0	$0
PATRICIA HENRY	PRESIDENT	010.00	Officer	$0	$0	$0
ROSTON CUMMINGS	VICE PRESIDENT	004.00	Officer	$0	$0	$0
SHERITA BLAIR	SECRETARY/TREASURER	004.00	Officer	$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	No data	No data	No data	No data
2023	$308,563	$316,303	$25,599	$-7,740
2022	$251,771	$218,432	$33,339	$33,339

ATLANTA CARIBBEAN CARNIVAL BANDLEADERS ASSOCIATION INC