CAVALCADE OF BANDS ASSOCIATION INC (EIN 233068775) - 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

Principal Officer

JUSTIN MCADAMS

Phone

7175250115

Tax Period

2024-07-01 to 2025-06-30

CAVALCADE OF BANDS ASSOCIATION INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $167K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $151K left a modest 10% surplus.

Mission

TO PROMOTE MUSICAL DEVELOPMENT OF HIGH SCHOOL STUDENTS

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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 $0

Program Service Revenue $167,021

Investment Income $6

Other Revenue $0

TOTAL REVENUE $167,027

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,645

Fundraising Expenses $0

Program Expenses $136,448

Other Expenses $103,124

TOTAL EXPENSES $150,769

Year-over-Year Comparison

	2024	2023	Change
Revenue	$167,027	$206,652	-0.2%
Expenses	$150,769	$168,404	-0.1%
Net Income	$16,258	$38,248	-0.6%

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

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
ADAM NOBILE	PRESIDENT	20.00	Officer Director	$0	$0	$0
MATTHEW TENAGLIA	VICE PRESIDE	20.00	Officer Director	$0	$0	$0
NICHOLAS HALL	SECRETARY	20.00	Officer Director	$0	$0	$0
KEITH GROMIS	TREASURER	20.00	Officer Director	$0	$0	$0
JUSTIN MCADAMS	CEO	25.00	Officer Director	$0	$0	$0
SCOTT MUENZ	BOARD MEMBER	10.00	Director	$0	$0	$0
TIM PRY	BOARD MEMBER	10.00	Director	$0	$0	$0
JOHN KEANE	JUDGING COOR	10.00	Director	$0	$0	$0
RON ABATE'	EDUCATION CO	10.00	Director	$0	$0	$0
JIM FULKROAD	ADMIN/FINANC	10.00	Director	$0	$0	$0
NATALIE TORCHIA	SOCIAL MEDIA	10.00	Director	$0	$0	$0
BOBBY JONES	VISUAL CAPTI	10.00	Director	$0	$0	$0
RICH GUILLEN	MUSIC CAPTIO	10.00	Director	$0	$0	$0
PAUL SMITH	HALL OF FAME	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	$167,027	$150,769	$94,767	$16,258
2024	$189,111	$176,505	$78,634	$12,606
2023	$227,678	$202,809	$66,957	$24,869
2022	$184,085	$167,948	$46,806	$16,137
2021	$1,389	$20,487	$24,481	$-19,098

CAVALCADE OF BANDS ASSOCIATION INC