JUNIOR JAZZ FOUNDATION INC (EIN 271347606) - 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

Principal Officer

DAVID MASTELLER

Tax Period

2023-01-01 to 2023-12-31

JUNIOR JAZZ FOUNDATION INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $771K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $737K left a modest 4% surplus.

Mission

THE MISSION OF THE JUNIOR JAZZ FOUNDATION IS TO PRESERVE JAZZ THROUGH EDUCATION AND PERFORMANCE. OUR APPROACH TO ACCOMPLISHING THIS IS TO UTILIZE THE JUNIOR JAZZ FOUNDATION TO SEEK DONATIONS OF GOODS AND SERVICES; TO RAISE FUNDS FOR NEW EQUIPMENT, INSTRUMENTS, SCHOLARSHIPS, CLASSES AND SEMINARS FOR INTERESTED AND PROMISING YOUNG STUDENTS AND ADULTS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $815,229

Program Service Revenue $31,916

Investment Income $0

Other Revenue $-76,186

TOTAL REVENUE $770,959

Expense Breakdown

Grants Paid $71,713

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $713,533

Other Expenses $664,992

TOTAL EXPENSES $736,705

Year-over-Year Comparison

	2023	2022	Change
Revenue	$770,959	$676,922	+0.1%
Expenses	$736,705	$667,856	+0.1%
Net Income	$34,254	$9,066	+2.8%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN BALES	DIRECTOR	N/A	Director	$0	$0	$0
JAMES BERRY	DIRECTOR	N/A	Director	$0	$0	$0
DAVID CARTER	DIRECTOR	N/A	Director	$0	$0	$0
JACKSON EVANS	DIRECTOR	N/A	Director	$0	$0	$0
JOHN GAGETTA	TREASURER	N/A	Officer Director	$0	$0	$0
CAROLE GALLI	DIRECTOR	1.00	Director	$0	$0	$0
KELLI LESCH	DIRECTOR	N/A	Director	$0	$0	$0
MARTIN LESCH	DIRECTOR	N/A	Director	$0	$0	$0
KORT MASTELLER	DIRECTOR	N/A	Director	$0	$0	$0
GERALD MIGLIACCIO	DIRECTOR	N/A	Director	$0	$0	$0
LAVON STEVENS	DIRECTOR	N/A	Director	$0	$0	$0
DAVID MASTELLER	PRESIDENT	N/A	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	$770,959	$736,705	$206,852	$34,254
2022	$676,922	$667,856	$190,205	$9,066
2021	$689,999	$585,599	$178,984	$104,400
2020	$184,756	$250,372	$58,739	$-65,616
2019	$192,833	$199,274	$124,355	$-6,441
2018	$130,878	$194,859	$130,796	$-63,981

JUNIOR JAZZ FOUNDATION INC