FRIENDS OF FLUTES FOUNDATION INC C/O JUDITH THOYER (EIN 274002470) - 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

JUDITH R THOYER

Phone

2123733002

Tax Period

2020-01-01 to 2020-12-31

FRIENDS OF FLUTES FOUNDATION INC C/O JUDITH THOYER, founded in 2010, is a micro nonprofit that reported $57K in total revenue in fiscal year 2020. Expenses of $103K exceeded revenue, resulting in a 82% operating deficit.

Mission

THE PRIMARY MISSION IS TO PROVIDE MODEST GRANTS TO STUDENTS AND POST GRADUATE STUDENT MUSICIANS WHO ARE PLANNING TO BECOME PROFESSIONAL FLUTISTS OR FLUTE EDUCATORS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $56,511

Program Service Revenue $0

Investment Income $9

Other Revenue $0

TOTAL REVENUE $56,520

Expense Breakdown

Grants Paid $83,319

Salaries & Benefits $0

Fundraising Expenses $5,172

Program Expenses $91,279

Other Expenses $19,655

TOTAL EXPENSES $102,974

Year-over-Year Comparison

	2020	2019	Change
Revenue	$56,520	N/A	N/A
Expenses	$102,974	N/A	N/A
Net Income	$-46,454	N/A	N/A

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

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
JOHN ADAMS	ASST. TREASU	N/A	Director	$0	$0	$0
MARY BARTO	ASST.SECRETA	N/A	Director	$0	$0	$0
CAROL BOULANGER	ASST. TREASU	N/A	Director	$0	$0	$0
YVONNE YF CHAN	VP AND SECRE	N/A	Officer Director	$0	$0	$0
DANIEL KRAMER	VICE PRES	N/A	Officer Director	$0	$0	$0
JUDITH R THOYER	PRES	5.00	Officer Director	$0	$0	$0
MICHAEL E THOYER	ASST. TREASU	N/A	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
2020	$56,520	$102,974	No data	$-46,454

FRIENDS OF FLUTES FOUNDATION INC C/O JUDITH THOYER