CRESCENDO COMPETITIONS INC

EIN: 260750032 501(c)(3) Arts, Culture & Humanities

MARLBORO, NJ

Total Revenue
$1,116,546
Total Expenses
$1,110,323
Total Assets
$722,792
Net Assets
$232,543
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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
2007
Legal Domicile
NJ
Principal Officer
ALEX BABAYEV
Phone
7325394634
Tax Period
2024-01-01 to 2024-12-31

CRESCENDO COMPETITIONS INC, founded in 2007, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024.

Mission

PROVIDE INTERNATIONAL MUSIC COM STUDENT MUSIC EXCHANGE PROGRAM WITH OTHER COUNTRIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,116,490
Investment Income $56
Other Revenue $0
TOTAL REVENUE $1,116,546

Expense Breakdown

Grants Paid $0
Salaries & Benefits $346,655
Fundraising Expenses $0
Program Expenses $1,110,323
Other Expenses $763,668
TOTAL EXPENSES $1,110,323

Year-over-Year Comparison

2024 2023 Change
Revenue $1,116,546 $1,160,824 0.0%
Expenses $1,110,323 $1,136,606 0.0%
Net Income $6,223 $24,218 -0.7%
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
3
Independent Members
2
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
1
$330,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX BABAYEV PRESIDENT 40
Officer
$330,000 $0 $330,000
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 $1,116,546 $1,110,323 $722,792 $6,223
2023 $1,160,824 $1,136,606 $701,856 $24,218
2022 $691,511 $680,503 $537,554 $11,008
2021 $346,706 $416,086 $130,312 $-69,380
2020 $542,569 $559,609 $199,564 $-17,040
2019 $789,191 $637,965 $438,572 $151,226
2018 $686,299 $621,205 $164,968 $65,094
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