FRIENDS OF MUSIC OF LA QUINTA HIGH SCHOOL

EIN: 237159251 501(c)(3) Education

WESTMINSTER, CA

Total Revenue
$188,799
Total Expenses
$186,454
Total Assets
N/A
Net Assets
N/A
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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
2011
Legal Domicile
CA
Principal Officer
MICHELLE NGUYEN
Phone
7146636315
Tax Period
2019-07-01 to 2020-06-30

FRIENDS OF MUSIC OF LA QUINTA HIGH SCHOOL, founded in 2011, is a small nonprofit in the Education sector that reported $189K in total revenue in fiscal year 2019. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

SUPPORT THE MUSIC DEPARTMENT

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $176,618
Program Service Revenue $0
Investment Income $0
Other Revenue $12,181
TOTAL REVENUE $188,799

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,560
Fundraising Expenses $0
Program Expenses $186,454
Other Expenses $110,894
TOTAL EXPENSES $186,454

Year-over-Year Comparison

2019 2018 Change
Revenue $188,799 $160,844 +0.2%
Expenses $186,454 $146,743 +0.3%
Net Income $2,345 $14,101 -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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC THIBODEAU PRESIDENT 10.00
Director
$0 $0 $0
MICHELLE NGUYEN SECRETARY 10.00
Director
$0 $0 $0
THUY THIBODEAU THREASURER 10.00
Director
$0 $0 $0
HOLLY LA FINANCIAL SECRETARY 10.00
Director
$0 $0 $0
MELANIE NGUYEN TRAVEL 10.00
Director
$0 $0 $0
JONATHAN NGUYEN LOGISTIC 10.00
Director
$0 $0 $0
BELOC NGUYEN UNIFORM 10.00
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
2020 $188,799 $186,454 No data $2,345
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