PEQUANNOCK TOWNSHIP ASSOCIATION OF MUSIC PARENTS A NJ NONPROFIT CORPORATION (EIN 226104640) - 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

1967

Legal Domicile

Principal Officer

APRIL GONZALEZ

Phone

9739780435

Tax Period

2023-07-01 to 2024-06-30

PEQUANNOCK TOWNSHIP ASSOCIATION OF MUSIC PARENTS A NJ NONPROFIT CORPORATION, founded in 1967, is a small nonprofit that reported $235K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring.

Mission

TO RAISE AND SUPPORT THE LEVEL OF MUSIC DEVELOPMENT AND MUSIC APPRECIATION IN PEQUANNOCK TOWNSHIP BY WORKING FOR AND WITH THE PEQUANNOCK HIGH SCHOOL BAND AND MUSIC DEPARTMENT IN HARMONY WITH ITS DIRECTORS

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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 $4,045

Program Service Revenue $175,508

Investment Income $806

Other Revenue $54,994

TOTAL REVENUE $235,353

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,097

Fundraising Expenses $0

Program Expenses $251,539

Other Expenses $216,442

TOTAL EXPENSES $251,539

Year-over-Year Comparison

	2023	2022	Change
Revenue	$235,353	$351,919	-0.3%
Expenses	$251,539	$333,982	-0.2%
Net Income	$-16,186	$17,937	-1.9%

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
CHRISTINE MEYER	RECORDING SECRETARY	10.00	Officer Director	$0	$0	$0
TODD STEINBERG	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
APRIL GONZALEZ	TREASURER	10.00	Officer Director	$0	$0	$0
KEVIN WEIR	PRESIDENT	10.00	Officer Director	$0	$0	$0
JENNIFER SITTIG	CORRESPONDING SECRETARY	10.00	Officer Director	$0	$0	$0
JENNIFER SPILLANE	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JOHN NACION	FINANCIAL COORDINATOR	10.00	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
2025	No data	No data	No data	No data
2024	$235,353	$251,539	$81,520	$-16,186
2023	$351,919	$333,982	$97,706	$17,937
2022	$181,744	$202,808	$79,769	$-21,064
2021	$57,730	$47,775	$100,833	$9,955
2020	$165,887	$140,981	$90,878	$24,906
2019	$283,313	$263,808	$65,972	$19,505
2018	$113,678	$112,844	$46,467	$834

PEQUANNOCK TOWNSHIP ASSOCIATION OF MUSIC PARENTS A NJ NONPROFIT CORPORATION