APPALACHIAN MUSIC HERITAGE FOUNDATION (EIN 261571577) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

WILLIAM C BUCHANAN

Phone

2763784206

Tax Period

2025-01-01 to 2025-12-31

APPALACHIAN MUSIC HERITAGE FOUNDATION, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $190K in total revenue in fiscal year 2018. Revenue decreased 11% compared to the prior year. Expenses of $183K left a modest 4% surplus.

Mission

THE CORPORATION'S MISSION IS TO PROMOTE THE MUSIC AND CULTURE OF THE APPALACHIAN REGION BY SHOWCASING REGION'S MUSICIANS. THE MAJOR FOCUS OF THE CORPORATION IS THE PRODUCTION OF THE PROGRAM "SONG OF THE MOUNTAINS" WHICH IS AIRED ON PUBLIC TV.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $217,850

Program Service Revenue $154,206

Investment Income $0

Other Revenue $0

TOTAL REVENUE $372,056

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $360,387

Other Expenses $367,416

TOTAL EXPENSES $367,416

Year-over-Year Comparison

	2025	2024	Change
Revenue	$372,056	$244,764	+0.5%
Expenses	$367,416	$289,792	+0.3%
Net Income	$4,640	$-45,028	-1.1%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER ALEXANDER	DIRECTOR	0.50	Director	$0	$0	$0
TONY ANDERSON	DIRECTOR	0.50	Director	$0	$0	$0
JOHN E STRINGER	DIRECTOR	3.50	Director	$0	$0	$0
BOB WATKINS	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM C BUCHANAN	SEC /TREAS	5.00	Officer	$0	$0	$0
JOSEPH ELLIS	PRESIDENT	3.50	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
2025	$372,056	$367,416	$63,690	$4,640
2024	No data	No data	No data	No data
2023	$269,946	$263,731	$104,078	$6,215
2022	$236,272	$234,977	$97,863	$1,295
2021	$212,018	$163,427	$103,068	$48,591
2020	$110,289	$97,855	$64,477	$12,434
2019	$222,534	$206,066	$62,043	$16,468
2018	$190,022	$182,542	$55,575	$7,480

APPALACHIAN MUSIC HERITAGE FOUNDATION