CLASSICAL ENCOUNTERS FOUNDATION (EIN 260093433) - 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

2004

Legal Domicile

Principal Officer

RONNA D BINN-HERSH

Phone

8183433095

Tax Period

2021-08-01 to 2022-07-31

CLASSICAL ENCOUNTERS FOUNDATION, founded in 2004, is a micro nonprofit that reported $8K in total revenue in fiscal year 2021. Revenue surged 912% from the prior year, signaling strong growth momentum. Expenses of $19K exceeded revenue, resulting in a 128% operating deficit.

Mission

Organization is still reviewing locations for second concert venue. Covid-19 forced us to cancel 4 concerts. The musicians were under contract so the Foundation offered to compensate the musicians and most took their fee.

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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 $3,550

Program Service Revenue $4,891

Investment Income $17

Other Revenue $0

TOTAL REVENUE $8,458

Expense Breakdown

Grants Paid $8,400

Salaries & Benefits $0

Fundraising Expenses $1,084

Program Expenses $17,400

Other Expenses $10,844

TOTAL EXPENSES $19,244

Year-over-Year Comparison

	2021	2020	Change
Revenue	$8,458	$836	+9.1%
Expenses	$19,244	$2,968	+5.5%
Net Income	$-10,786	$-2,132	+4.1%

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

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
RONNA D BINN-HERSH	Executive Dir.	Officer Director	$0	$0	$0
EVAN L BINN	Director	Director	$0	$0	$0
RON GUILBERT	Director	Director	$0	$0	$0
ROGER KELLER	Director	Director	$0	$0	$0
JACQUES VOGELAAR	Director	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
2022	$8,458	$19,244	$37,007	$-10,786
2021	$836	$2,968	$47,793	$-2,132
2020	$15,291	$18,435	$49,926	$-3,144
2019	$20,433	$20,612	$53,070	$-179

CLASSICAL ENCOUNTERS FOUNDATION