CINCINNATI TRADITION DRUM AND BUGLE CORPS

EIN: 311181294 501(c)(3)

Cincinnati, OH

Total Revenue
$109,549
Total Expenses
$111,600
Total Assets
$30,033
Net Assets
$67,638
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
OH
Principal Officer
Thomas Slade
Phone
5133852810
Tax Period
2019-01-01 to 2019-12-31

CINCINNATI TRADITION DRUM AND BUGLE CORPS, founded in 1986, is a small nonprofit that reported $110K in total revenue in fiscal year 2019. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

Cincinnati Tradition strives to provide our members with an excellent educational experience within a marching performance ensemble setting the focus on growth and development on both an individual and group level. Tradition is dedicated to setting a standard of excellence within the all age Drum and Bugle Corps activity. Incorporating music, marching, choreography, and athleticism, we seek to continually field a program that will challenge our members to achieve their highest potential as a performer in an atmosphere developing camaraderie, individual accountability, teamwork, and professionalism.

Program Service Accomplishments

Program 1
Expenses: $40,186 Revenue: $5,232

Performed if front of thousands of spectators in shows across the country. Travel cost and meals for our 100 members.

Program 2
Expenses: $71,414 Revenue: $0

Equipment and operational expenses to run the drum and bugle corps.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $56,649
Program Service Revenue $5,232
Investment Income $0
Other Revenue $47,668
TOTAL REVENUE $109,549

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,973
Fundraising Expenses $0
Program Expenses $111,600
Other Expenses $99,627
TOTAL EXPENSES $111,600

Year-over-Year Comparison

2019 2018 Change
Revenue $109,549 $90,854 +0.2%
Expenses $111,600 $97,261 +0.1%
Net Income $-2,051 $-6,407 -0.7%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
16

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas Slade Director/Trustee 12
Director
$0 $0 $0
Sally Slade Trustee 1
Director
$0 $0 $0
Dan Hartwig Trustee 1
Director
$0 $0 $0
Keith Heinlein Trustee 1
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
2019 $109,549 $111,600 $30,033 $-2,051
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