KINGS MUSIC ASSOCIATION (EIN 311436002) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

Leon C Wolford Jr

Phone

2832108390

Tax Period

2023-07-01 to 2024-06-30

KINGS MUSIC ASSOCIATION, founded in 1995, is a small nonprofit in the Education sector that reported $173K in total revenue in fiscal year 2023.

Mission

To provide financial and volunteer support for the music programs in the Kings Local School district

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,664

Program Service Revenue $67,334

Investment Income $0

Other Revenue $89,279

TOTAL REVENUE $173,277

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $182,733

Other Expenses $184,827

TOTAL EXPENSES $186,827

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,277	N/A	N/A
Expenses	$186,827	N/A	N/A
Net Income	$-13,550	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

100

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
Mike Maegly	Director	5.00	Director	$0	$0	$0
Brian McDonough	Director	5.00	Director	$0	$0	$0
Cheryl Zotter	President	5.00	Officer	$0	$0	$0
Amanda Howard	VP Communications	5.00	Officer	$0	$0	$0
Katie Runella	VP Travel	5.00	Officer	$0	$0	$0
Anthony Cook	Co-Treasurer Receivables	5.00	Officer	$0	$0	$0
Brianne Wolford	Secretary	5.00	Officer	$0	$0	$0
Nicque Ashby	VP Volunteers	5.00	Officer	$0	$0	$0
Christine Pugh	VP Development	5.00	Officer	$0	$0	$0
Chip Wolford	Co-Treasurer Payables	5.00	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
2025	No data	No data	No data	No data
2024	$173,277	$186,827	$133,343	$-13,550
2019	$162,681	$157,514	$108,125	$5,167
2018	$163,945	$154,841	$103,568	$9,104

KINGS MUSIC ASSOCIATION