HARMONIE SINGING SOCIETY (EIN 250535173) - 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

1977

Legal Domicile

Principal Officer

ROBERT YOUNG

Phone

8145369044

Tax Period

2023-01-01 to 2023-12-31

HARMONIE SINGING SOCIETY, founded in 1977, is a small nonprofit in the Recreation & Sports sector that reported $245K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 16% operating margin.

Mission

HARMONIE SINGING SOCIETY OPERATES A CLUB FOR THE BENEFIT OF ITS MEMBERS AND THE SURROUNDING COMMUNITY. THE SOCIETY MAINTAINS AN ENVIRONMENT FOR THE CULTIVATION AND ADVANCEMENT OF THE ART OF SINGING AND GERMAN HERITAGE

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,120

Program Service Revenue $0

Investment Income $2,358

Other Revenue $233,656

TOTAL REVENUE $245,134

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,864

Fundraising Expenses $0

Program Expenses $194,931

Other Expenses $86,315

TOTAL EXPENSES $206,162

Year-over-Year Comparison

	2023	2022	Change
Revenue	$245,134	$195,383	+0.3%
Expenses	$206,162	$151,672	+0.4%
Net Income	$38,972	$43,711	-0.1%

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

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

$15,080

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT YOUNG	TREASURER	002.00	Officer	$8,710	$0	$8,710
GUY LOHR	SECRETARY	005.00	Officer	$6,370	$0	$6,370
DAVID BELZ	TRUSTEE	002.00	Director	$0	$0	$0
NICK PATTON	TRUSTEE	002.00	Director	$0	$0	$0
ROB KRULL	TRUSTEE	002.00	Director	$0	$0	$0
BRYAN MARSH	TRUSTEE	002.00	Director	$0	$0	$0
PETER FURFARI	PRESIDENT	010.00	Officer	$0	$0	$0
RONALD MCCULLOUGH	1ST VICE PRESIDENT	005.00	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
2024	No data	No data	No data	No data
2023	$245,134	$206,162	$559,926	$38,972
2022	$195,383	$151,672	$520,954	$43,711
2021	$172,314	$157,175	$477,243	$15,139
2020	$55,877	$127,575	$462,104	$-71,698

HARMONIE SINGING SOCIETY