HARMONY PROJECT PRODUCTIONS INC (EIN 271819074) - 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

2010

Legal Domicile

Principal Officer

M DAVID BROWN

Phone

6145649300

Tax Period

2024-01-01 to 2024-12-31

HARMONY PROJECT PRODUCTIONS INC, founded in 2010, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $2.4M left a modest 4% surplus.

Mission

OUR MISSION: TO BUILD A MORE INCLUSIVE SOCIETY BY BREAKING DOWN SOCIAL BARRIERS, BRIDGING COMMUNITY DIVIDES, AND EMPOWERING THE VOICES OF THE PEOPLE THROUGH ARTS, EDUCATION, AND VOLUNTEERISM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,374,170

Program Service Revenue $75,125

Investment Income $1,862

Other Revenue $5

TOTAL REVENUE $2,451,162

Expense Breakdown

Grants Paid $24,074

Salaries & Benefits $890,471

Fundraising Expenses $151,314

Program Expenses $1,547,484

Other Expenses $1,442,714

TOTAL EXPENSES $2,357,259

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,451,162	$2,019,980	+0.2%
Expenses	$2,357,259	$2,019,889	+0.2%
Net Income	$93,903	$91	+1030.9%

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

6600

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

$183,796

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
M DAVID BROWN	EXECUTIVE DI	60.00	Officer	$183,796	$0	$183,796
MATTHEW A SCHOTT	CHIEF OF STA	40.00	Highest	$114,115	$0	$114,115
JESSIE CANNON	BOARD CHAIRM	4.00	Officer Director	$0	$0	$0
KATIE CRAMER	BOARD VICE C	4.00	Officer Director	$0	$0	$0
ANNE VALENTINE	BOARD TREASU	4.00	Officer Director	$0	$0	$0
JOSHUA SCHOTTENSTEIN	BOARD SECRET	4.00	Officer Director	$0	$0	$0
SUE EUBANKS	TRUSTEE	2.00	Director	$0	$0	$0
TERRANCE HINTON PHD	TRUSTEE	2.00	Director	$0	$0	$0
PEGGY KELLEY	TRUSTEE	2.00	Director	$0	$0	$0
RONI BURKES-TROWSDELL	TRUSTEE	2.00	Director	$0	$0	$0
THERESA SAELIM	TRUSTEE	2.00	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
2024	$2,451,162	$2,357,259	$750,821	$93,903
2023	$2,019,980	$2,019,889	$644,827	$91
2022	$1,617,045	$1,635,058	$720,936	$-18,013
2021	$1,372,652	$977,907	$652,776	$394,745
2020	$1,056,251	$957,384	$335,047	$98,867
2019	$1,930,948	$1,880,380	$219,697	$50,568
2018	$1,612,856	$1,646,422	$150,577	$-33,566

HARMONY PROJECT PRODUCTIONS INC