COMMUNITY MUSIC SCHOOL (EIN 232201343) - 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

1981

Legal Domicile

Principal Officer

JEFF REED

Phone

6104357725

Tax Period

2023-07-01 to 2024-06-30

COMMUNITY MUSIC SCHOOL, founded in 1981, is a small nonprofit in the Arts, Culture & Humanities sector that reported $811K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $914K exceeded revenue, resulting in a 13% operating deficit.

Mission

Our mission is to successfully provide the inspiration and opportunity for anyone in our diverse community to achieve excellence in music education and appreciate the transformative power of music.

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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 $226,977

Program Service Revenue $550,790

Investment Income $15,466

Other Revenue $18,198

TOTAL REVENUE $811,431

Expense Breakdown

Grants Paid $90,425

Salaries & Benefits $360,635

Fundraising Expenses $63,245

Program Expenses $620,622

Other Expenses $462,452

TOTAL EXPENSES $913,512

Year-over-Year Comparison

	2023	2022	Change
Revenue	$811,431	$720,979	+0.1%
Expenses	$913,512	$839,488	+0.1%
Net Income	$-102,081	$-118,509	-0.1%

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
Jeff Reed	Executive Director	50.00		$131,850	$0	$131,850
WILLIAM MOYER	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK STEIN	Secretary	2.00	Officer Director	$0	$0	$0
TOM FENSTERMACHER	Treasurer	2.00	Officer Director	$0	$0	$0
Vicki Ferrence Ray	board member	2.00	Director	$0	$0	$0
MARY HAHN	BOARD MEMBER	2.00	Director	$0	$0	$0
DR DAVID LIVERT	BOARD MEMBER	2.00	Director	$0	$0	$0
GREGORY KUHN	BOARD MEMBER	2.00	Director	$0	$0	$0
Joseph Wagner	board member	2.00	Director	$0	$0	$0
VANCE POWERS	BOARD MEMBER	2.00	Director	$0	$0	$0
DAIL RICHIE	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES WARFEL	Vice President	2.00	Officer Director	$0	$0	$0
ANDRENE BROWN	BOARD MEMBER	2.00	Director	$0	$0	$0
CARMEN FLOSDORF	BOARD MEMBER	4.00	Director	$0	$0	$0
KATHLEEN MATTHEWS	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL YEAGER	BOARD President	2.00	Officer Director	$0	$0	$0
John Wittenbraker	board member	2.00	Director	$0	$0	$0
ELLEN ROBERTS	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID YEAGER	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE HORVATH	BOARD MEMBER	2.00	Director	$0	$0	$0
LAURA ATTIEH	BOARD MEMBER	2.00	Director	$0	$0	$0
ELYSE PILLITTERI	BOARD MEMBER	2.00	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	$811,431	$913,512	$1,075,132	$-102,081
2023	$720,979	$839,488	$1,187,913	$-118,509
2022	$743,557	$649,251	$1,084,226	$94,306
2021	$728,370	$601,633	$1,111,463	$126,737
2020	$717,782	$647,500	$961,394	$70,282
2019	$745,106	$648,265	$828,193	$96,841
2018	$890,226	$590,089	$738,169	$300,137

COMMUNITY MUSIC SCHOOL