WOODLAND STRING BAND INC (EIN 232508106) - 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

1934

Legal Domicile

Principal Officer

MICHAEL PRESSER

Phone

2157042306

Tax Period

2021-01-01 to 2021-12-31

WOODLAND STRING BAND INC, founded in 1934, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $97K in total revenue in fiscal year 2021. Revenue decreased 11% compared to the prior year. Expenses of $92K left a modest 5% surplus.

Mission

THE BAND IS COMMITTED TO PROMOTE AND RESERVE THE CENTURY OLD ART OF PHILADELPHIA MUMMERY, INCLUDING THE RENDERING OF CHARITABLE, EDUCATIONAL AND BENEVOLENT SERVICES TO THE COMMUNITY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $59,253

Program Service Revenue $54,226

Investment Income $0

Other Revenue $-16,364

TOTAL REVENUE $97,115

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,717

Other Expenses $92,475

TOTAL EXPENSES $92,475

Year-over-Year Comparison

	2021	2020	Change
Revenue	$97,115	$109,559	-0.1%
Expenses	$92,475	$90,745	+0.0%
Net Income	$4,640	$18,814	-0.8%

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	Role	Reportable Comp	Other Comp	Total
TOM LOOMIS SR	TREASURER	Officer	$0	$0	$0
TOM LOOMIS JR	VICE PRESIDENT	Officer	$0	$0	$0
MIKE PRESSER	PRESIDENT	Officer	$0	$0	$0
BOB GRASSIE	FINANCIAL SECRETARY	Officer	$0	$0	$0
RICH NAGEL	RECORDING SECRETARY	Officer	$0	$0	$0
STEVEN BUJNOWSKI JR	SERGEANT AT ARMS	Officer	$0	$0	$0
SCOTT GRECO	DIRECTOR AT LARGE	Officer	$0	$0	$0
LYLE KAIGHN	DIRECTOR AT LARGE	Officer	$0	$0	$0
GEORGE BLAZER IV	DIRECTOR AT LARGE	Officer	$0	$0	$0
DAVE ANDERSON	DIRECTOR EMERITUS	Officer	$0	$0	$0
GENE SEEDES	CHIEF MARSHAL	Officer	$0	$0	$0
GEORGE BLAZER III	THEME COMMITTEE CHAIRMAN	Officer	$0	$0	$0
JIM SCHAFFER	DIRECTOR AT LARGE	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
2022	No data	No data	No data	No data
2021	$97,115	$92,475	$57,269	$4,640
2020	$109,559	$90,745	$68,485	$18,814
2019	$219,016	$216,048	$58,311	$2,968
2018	$187,760	$217,232	$69,181	$-29,472

WOODLAND STRING BAND INC