RED BANK CHAMBER MUSIC SOCIETY INC

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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

1998

Legal Domicile

Principal Officer

CHRISTOPHER FOARD

Phone

7327473267

Tax Period

2020-07-01 to 2021-06-30

RED BANK CHAMBER MUSIC SOCIETY INC, founded in 1998, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $40K in total revenue in fiscal year 2020. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

PROVIDE HIGH LEVEL PROFESSIONAL CHAMBER MUSIC CONCERTS, AT NO COST TO AUDIENCE MEMBERS,TO ENCOURAGE PEOPLE OF ALL CIRCUMSTANCES TO DISCOVER AND ENJOY THIS DELIGHTFUL MUSICAL EXPERIENCE.

Program Service Accomplishments

Program 1

Expenses: $38,804 Revenue: $0

TO PROVIDE A SERIES OF CLASSICAL CHAMBER MUSIC CONCERT SERIES IN THE RED BANK NJ AREA.

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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 (2020)

Revenue Breakdown

Contributions & Grants $40,055

Program Service Revenue $0

Investment Income $60

Other Revenue $0

TOTAL REVENUE $40,115

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,293

Program Expenses $38,804

Other Expenses $40,581

TOTAL EXPENSES $40,581

Year-over-Year Comparison

	2020	2019	Change
Revenue	$40,115	$62,806	-0.4%
Expenses	$40,581	$37,066	+0.1%
Net Income	$-466	$25,740	-1.0%

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

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
CHRISTOPHER FOARD	PRESIDENT	2.00	Officer	$0	$0	$0
BLAKE WATTENBARGER	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ANDRE BONDI	TREASURER	2.00	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
2021	$40,115	$40,581	No data	$-466
2020	$62,806	$37,066	$139,673	$25,740
2019	$41,422	$52,131	$114,082	$-10,709