DANIEL'S MUSIC FOUNDATION (EIN 320156199) - 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

2005

Legal Domicile

Principal Officer

KENNETH TRUSH

Phone

2122898912

Tax Period

2024-01-01 to 2024-12-31

DANIEL'S MUSIC FOUNDATION, founded in 2005, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 4% surplus.

Mission

PROVIDE MUSIC PROGRAMS FOR INDIVIDUALS WITH DEVELOPMENTAL AND PHYSICAL DISABILITIES WITH A FOCUS ON CREATIVE SELF-EXPRESSION, SKILL-BUILDING, PERFORMANCE, SOCIAL INTERACTION AND COMMUNITY. ADDITIONALLY, THROUGH OUR DISABILITY AWARENESS PROGRAMS, WE PROVIDE MUSICAL PERFORMANCES AND INFORMATIVE PRESENTATIONS TO CORPORATIONS, SCHOOLS AND INDIVIDUALS ABOUT DIFFERENCES AND ARE WORKING TO BUILD A MORE INCLUSIVE SOCIETY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,546,009

Program Service Revenue $119,495

Investment Income $87,265

Other Revenue $-77,926

TOTAL REVENUE $1,674,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $897,453

Fundraising Expenses $113,369

Program Expenses $1,420,379

Other Expenses $718,276

TOTAL EXPENSES $1,615,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,674,843	$1,486,653	+0.1%
Expenses	$1,615,729	$1,356,721	+0.2%
Net Income	$59,114	$129,932	-0.5%

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

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
CARLA SULLIVAN	DIR OF MKTG	40.00	Highest	$114,701	$27,888	$142,589
NADINE MCNEIL	PROGRAM DIRE	40.00	Highest	$114,750	$13,516	$128,266
KENNETH TRUSH	CHAIRMAN	40.00	Officer Director	$0	$0	$0
DANIEL TRUSH	PRESIDENT	40.00	Officer Director	$0	$0	$0
MARIE WICKHAM	TREASURER	2.00	Officer Director	$0	$0	$0
NANCY TRUSH	DIRECTOR	20.00	Director	$0	$0	$0
MICHAEL TRUSH	DIRECTOR	2.00	Director	$0	$0	$0
OSSIE SPECTOR	DIRECTOR	2.00	Director	$0	$0	$0
LAURENCE CHARNEY	DIRECTOR	2.00	Director	$0	$0	$0
AARON KAISER	DIRECTOR	2.00	Director	$0	$0	$0
ELIAS KEFALIDIS	DIRECTOR	1.00	Director	$0	$0	$0
JILL LAMPE	DIRECTOR	1.00	Director	$0	$0	$0
JACOB ELGHANAYAN	DIRECTOR	1.00	Director	$0	$0	$0
REX W MIXON JR	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SALSBERG	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT MAGER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GARDNER	DIRECTOR	1.00	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
2024	$1,674,843	$1,615,729	$4,571,624	$59,114
2023	$1,486,653	$1,356,721	$4,505,194	$129,932
2022	$1,305,690	$1,256,727	$4,003,202	$48,963
2021	$1,308,486	$1,091,073	$3,971,375	$217,413
2020	$1,310,264	$1,046,514	$3,761,623	$263,750
2019	$1,167,290	$1,038,105	$3,486,898	$129,185
2018	$942,906	$946,946	$3,339,298	$-4,040
2018	$942,906	$946,946	$3,339,298	$-4,040

DANIEL'S MUSIC FOUNDATION