DEERFIELD BEACH, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)KEEPING THE BLUES ALIVE FOUNDATION, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $326K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 27% operating margin.
Keeping the Blues Alive Foundation (KTBA) is dedicated to offsetting the loss of music education programming due to budget cuts across America. We strive to pass the torch on to the next generation by empowering them to manifest their talents within the arts community and using music as an outlet to exercise creativity in the entertainment workforce. As of Dec 2022, KTBA has supported over 585 schools and reached 89,000 students by providing new instruments, sheet music, supplies, and professional development tools for music teachers. KTBA supports music educators who give their students a positive and rewarding experience in the arts. As KTBA promotes the advancement of STEM to STEAM curricula in schools, KTBA acknowledges the inherent resistance from dated education administrations and diminishing arts and music programming budgets. Each quarter, KTBA assess its goals and measures allowing the staging the opportunity to improve and adjust its procedures accordingly. KTBA makes a week
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $326,367 | $259,302 | +0.3% |
| Expenses | $237,997 | $250,132 | 0.0% |
| Net Income | $88,370 | $9,170 | +8.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SHAWN GONZALEZ | President | 35.00 |
Director
|
$41,958 | $0 | $41,958 |
| IRA GOLDBERG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIELLE FISHMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RACHEL GIMBEL | Executive Dir. | 1.00 |
Director
|
$0 | $0 | $0 |
| ROY WEISMAN | CO-CHAIRMAN | 1.00 |
Officer
|
$0 | $0 | $0 |
| JOE BONAMASSA | CO-CHAIRMAN | 1.00 |
Officer
|
$0 | $0 | $0 |
| BOBBY EKIZIAN | BOARD MEMBER | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $326,367 | $237,997 | $192,351 | $88,370 |
| 2022 | $259,302 | $250,132 | $114,072 | $9,170 |
| 2021 | $232,069 | $233,729 | $90,330 | $-1,660 |
| 2020 | $524,056 | $582,285 | $97,282 | $-58,229 |
| 2019 | $377,392 | $326,906 | $155,304 | $50,486 |
| 2019 | $380,962 | $336,965 | $160,719 | $43,997 |
| 2018 | $139,877 | $132,929 | $104,818 | $6,948 |
Compare KEEPING THE BLUES ALIVE FOUNDATION with other nonprofits in Florida and across the country.