JASPER BAND PARENTS INC

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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

1981

Legal Domicile

Principal Officer

KIMBRA GUNSELMAN

Phone

8126311806

Tax Period

2023-07-01 to 2024-06-30

JASPER BAND PARENTS INC, founded in 1981, is a small nonprofit that reported $224K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $276K exceeded revenue, resulting in a 23% operating deficit.

Mission

FINANCIAL SUPPORT FOR JASPER BANDS.

Program Service Accomplishments

Program 1

Expenses: $275,550

PROVIDE FINANCIAL SUPPORT FOR THE JASPER HIGH SCHOOL AND MIDDLE SCHOOL BANDS TO ENHANCE MUSICAL SKILLS, PROVIDE UNIFORMS, AND PROMOTE THE APPRECIATION OF MUSIC THROUGH CONTESTS AND PERFORMANCE.

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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 $96,797

Program Service Revenue $0

Investment Income $123

Other Revenue $126,909

TOTAL REVENUE $223,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $275,550

Other Expenses $275,550

TOTAL EXPENSES $275,550

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,829	$238,040	-0.1%
Expenses	$275,550	$230,200	+0.2%
Net Income	$-51,721	$7,840	-7.6%

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

115

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
KIMBRA GUNSELMAN	PRESIDENT	3.00	Officer Director	$0	$0	$0
SARAH LEINENBACH	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
LAURA ROETTGER	SECRETARY	3.00	Officer Director	$0	$0	$0
GINA HAWKINS	TREASURER	3.00	Officer 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
2025	No data	No data	No data	No data
2024	$223,829	$275,550	$111,414	$-51,721
2023	$238,040	$230,200	$163,135	$7,840
2022	$164,749	$146,978	$155,295	$17,771
2021	$119,785	$111,186	$137,524	$8,599
2020	$191,465	$120,179	$128,925	$71,286