Lewis P Tabarrini Childrens Music Foundation Inc (EIN 273287893) - 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

Phone

2398871428

Tax Period

2023-08-01 to 2024-07-31

Lewis P Tabarrini Childrens Music Foundation Inc, founded in 2010, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $75K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $95K exceeded revenue, resulting in a 26% operating deficit.

Mission

The Lewis P. Tabarrini Children's Music Outreach Foundation provides musical instruments and music lessons to children in Southwest Florida who want to play music but do not have the resources to make their dreams come true. Fundraising efforts support the purchase of instruments and supplemental materials to provide the necessary means to promote the children's musical aspirations for those who cannot participate otherwise.

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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 (2023)

Revenue Breakdown

Contributions & Grants $78,672

Program Service Revenue $0

Investment Income $0

Other Revenue $-3,486

TOTAL REVENUE $75,186

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $78,672

Program Expenses $12,803

Other Expenses $94,961

TOTAL EXPENSES $94,961

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,186	$42,382	+0.8%
Expenses	$94,961	$22,705	+3.2%
Net Income	$-19,775	$19,677	-2.0%

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
Carol Tabarrini	Board President	30.00	Officer	$0	$0	$0
Robert Tabarrini	Director	40.00	Officer	$0	$0	$0
Karen Morreale	CoDirector	50.00	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	$75,186	$94,961	$36,167	$-19,775

Lewis P Tabarrini Childrens Music Foundation Inc