SONGTIMEINC (EIN 237208134) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

WALLY LUNDSTROM

Phone

5083627070

Tax Period

2024-01-01 to 2024-12-31

SONGTIMEINC, founded in 1964, is a small nonprofit that reported $272K in total revenue in fiscal year 2024. Expenses of $248K left a modest 9% surplus.

Mission

RELIGIOUS RADIO PROGRAMS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $271,362

Program Service Revenue $0

Investment Income $630

Other Revenue $0

TOTAL REVENUE $271,992

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,488

Fundraising Expenses $468

Program Expenses $232,088

Other Expenses $106,270

TOTAL EXPENSES $247,758

Year-over-Year Comparison

	2024	2023	Change
Revenue	$271,992	$282,406	0.0%
Expenses	$247,758	$264,233	-0.1%
Net Income	$24,234	$18,173	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$19,627

Total Directors

$19,627

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VERN MAXFIELD	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
KARL HUDSON	VICE-CHAIRPERSON	2.00	Officer Director	$0	$0	$0
WALLY LUNDSTROM	TREASURER	2.00	Officer Director	$0	$0	$0
ANN RUSSELL	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVID BABICK	DIRECTOR	1.00	Director	$0	$0	$0
ROGER GERHART	DIRECTOR	1.00	Director	$0	$0	$0
ADAM MILLER	PRESIDENT	40.00	Officer Director	$19,627	$0	$19,627

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	$271,992	$247,758	$84,707	$24,234
2023	$282,406	$264,233	$49,891	$18,173
2022	$338,820	$341,743	$47,687	$-2,923
2021	$328,438	$347,766	$68,039	$-19,328
2020	$291,462	$374,626	$95,155	$-83,164
2019	$596,572	$416,902	$171,548	$179,670
2018	$446,983	$465,246	$63,941	$-18,263

SONGTIMEINC