PHILADELPHIA CLEF CLUB FOR JAZZ & PERFORMING ARTS INC (EIN 232302559) - 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

1990

Legal Domicile

Principal Officer

KEN SCOTT

Phone

2158939913

Tax Period

2024-01-01 to 2024-12-31

PHILADELPHIA CLEF CLUB FOR JAZZ & PERFORMING ARTS INC, founded in 1990, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 311% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 78% operating margin.

Mission

TO PROVIDE EDUCATIONAL TRAINING IN MUSIC TO CHILDREN AND ADULTS THROUGH INSTRUCTION, WORKSHOPS, AND CONCERTS.

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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 $2,856,659

Program Service Revenue $100,098

Investment Income $21,348

Other Revenue $16,856

TOTAL REVENUE $2,994,961

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,335

Fundraising Expenses $56,366

Program Expenses $497,330

Other Expenses $625,159

TOTAL EXPENSES $652,494

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,994,961	$728,255	+3.1%
Expenses	$652,494	$673,322	0.0%
Net Income	$2,342,467	$54,933	+41.6%

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
KEN SCOTT	PRESIDENT	1.00	Officer Director	$0	$0	$0
LEON W TUCKER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ELEANOR JEAN HENDLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
KENNETH BOONE	TREASURER	1.00	Officer Director	$0	$0	$0
KENYATTA JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS L MCGILL ESQ	BOARD MEMBER	1.00	Director	$0	$0	$0
BERNARD PURDIE	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANCELLA SLATER	BOARD MEMBER	1.00	Director	$0	$0	$0
DR DIANE TURNER	BOARD MEMBER	1.00	Director	$0	$0	$0
VIRGIL WALKER	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENT WHITE	BOARD MEMBER	1.00	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
2024	$2,994,961	$652,494	$3,321,983	$2,342,467
2023	$728,255	$673,322	$963,789	$54,933
2022	$844,326	$532,178	$963,221	$312,148

PHILADELPHIA CLEF CLUB FOR JAZZ & PERFORMING ARTS INC