SINGING CITY 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

1948

Legal Domicile

Principal Officer

MICHAEL BOLTON

Phone

2675195321

Tax Period

2024-07-01 to 2025-06-30

SINGING CITY INC, founded in 1948, is a small nonprofit that reported $418K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $108K, a strong 26% operating margin.

Mission

THROUGH PERFORMANCE, ARTS EDUCATION, AND FELLOWSHIP, SINGING CITY CHOIR IS A FORCE FOR SOCIAL IMPACT, BRINGING PEOPLE TOGETHER AND LIFTING THE HUMAN SPIRIT THROUGH THE ARTISTRY OF CHORAL MUSIC.

Program Service Accomplishments

Program 1

Expenses: $233,172 Revenue: $74,731

THE ORGANIZATION PROVIDES CONCERTS AND CHORAL MUSIC TO UNDERPRIVILEGED PEOPLE IN THE PHILADELPHIA 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 (2024)

Revenue Breakdown

Contributions & Grants $310,628

Program Service Revenue $74,731

Investment Income $21,096

Other Revenue $12,009

TOTAL REVENUE $418,464

Expense Breakdown

Grants Paid $0

Salaries & Benefits $163,677

Fundraising Expenses $15,704

Program Expenses $233,172

Other Expenses $147,238

TOTAL EXPENSES $310,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$418,464	$274,542	+0.5%
Expenses	$310,915	$280,602	+0.1%
Net Income	$107,549	$-6,060	-18.7%

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

$50,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NADEEN VAN TUYLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
WAYNE HOUK	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
SUSAN DOMINGOS	TREASURER	2.00	Officer Director	$0	$0	$0
GENEVA BUTZ	SECRETARY	2.00	Officer Director	$0	$0	$0
BRIAN AUERBACH	BOARD MEMBER	2.00	Director	$0	$0	$0
PETER J BOYER	BOARD MEMBER	2.00	Director	$0	$0	$0
DOBORAH CLARKE	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDREA CUSTIS	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHELLE DUTTON	BOARD MEMBER	2.00	Director	$0	$0	$0
GILBERT FEINBERG	BOARD MEMBER	2.00	Director	$0	$0	$0
TIM FLAHERTY	BOARD MEMBER	2.00	Director	$0	$0	$0
ALLEN KRANTZ	BOARD MEMBER	2.00	Director	$0	$0	$0
BONNIE MOTEL	BOARD MEMBER	2.00	Director	$0	$0	$0
KEN SCHOENHOLZ	BOARD MEMBER	2.00	Director	$0	$0	$0
KAREN SCHOLNICK	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL BOLTON	EXECUTIVE DI	40.00	Officer	$50,000	$0	$50,000

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	$418,464	$310,915	$548,555	$107,549
2024	$274,542	$280,602	$455,029	$-6,060
2023	$320,290	$323,865	$445,828	$-3,575
2022	$244,142	$269,833	$428,248	$-25,691
2021	$225,341	$188,610	$523,783	$36,731
2020	$339,191	$232,863	$447,809	$106,328
2019	$265,644	$253,816	$348,751	$11,828
2018	$324,069	$270,876	$334,099	$53,193