Nashua Community Music School (EIN 222528771) - 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

1984

Legal Domicile

Tax Period

2023-09-01 to 2024-08-31

Nashua Community Music School, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $608K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

Provide instruction in musical instruments and voice in this region and provide talent to staff the needs of local orchestras and choruses within NH.

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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 $235,827

Program Service Revenue $368,038

Investment Income $3,978

Other Revenue $0

TOTAL REVENUE $607,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $310,577

Fundraising Expenses $25,860

Program Expenses $434,531

Other Expenses $333,421

TOTAL EXPENSES $643,998

Year-over-Year Comparison

	2023	2022	Change
Revenue	$607,843	$518,507	+0.2%
Expenses	$643,998	$591,096	+0.1%
Net Income	$-36,155	$-72,589	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cassidy Smith	Member at Large	1.00	Director	$0	$0	$0
Diane Loudenback	Member At Large	1.00	Director	$0	$0	$0
Karen Boivin	Member At Large	1.00	Director	$0	$0	$0
Joel Desjarins	Member At Large	1.00	Director	$0	$0	$0
Christopher Cole	Member At Large	1.00	Director	$0	$0	$0
Dave West	Member At Large	1.00	Director	$0	$0	$0
Annabell Hilton	Member at Large	1.00	Director	$0	$0	$0
Donna Kraus	Vice Chair	1.00	Director	$0	$0	$0
Paul Belfiore	Treasurer	1.00	Officer	$0	$0	$0
Jonathan Sterling	Secretary	1.00	Officer	$0	$0	$0
Jacob Boyer	Chair	1.00	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
2025	No data	No data	No data	No data
2024	$607,843	$643,998	$128,189	$-36,155
2023	$518,507	$591,096	$150,359	$-72,589
2022	$475,725	$443,852	$219,055	$31,873
2021	$362,228	$368,996	$230,037	$-6,768
2020	$388,971	$387,444	$186,362	$1,527
2019	$360,036	$332,176	$131,530	$27,860
2018	$301,575	$260,542	$94,995	$41,033

Nashua Community Music School