SOUTHERN CALIFORNIA CHILDREN'S CHORAL ASSOCIATION (EIN 330703908) - 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

1996

Legal Domicile

Principal Officer

JOHN LOFTUS

Phone

9493367115

Tax Period

2023-09-01 to 2024-08-31

SOUTHERN CALIFORNIA CHILDREN'S CHORAL ASSOCIATION, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $299K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $289K left a modest 4% surplus.

Mission

ENHANCE CHILDREN'S LIVES THROUGH DISTINGUISHED MUSIC EDUCATION AND PERFORMANCE.

🔒

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 $25,960

Program Service Revenue $238,683

Investment Income $29,430

Other Revenue $5,356

TOTAL REVENUE $299,429

Expense Breakdown

Grants Paid $45,925

Salaries & Benefits $165,371

Fundraising Expenses $650

Program Expenses $259,721

Other Expenses $77,280

TOTAL EXPENSES $288,576

Year-over-Year Comparison

	2023	2022	Change
Revenue	$299,429	$340,856	-0.1%
Expenses	$288,576	$240,249	+0.2%
Net Income	$10,853	$100,607	-0.9%

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

Employees

Volunteers

N/A

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
LORI LOFTUS	MUSIC DIRECTOR	15.00	Officer Director	$0	$0	$0
JOHN LOFTUS	BOARD CHAIR	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
2024	$299,429	$288,576	$715,226	$10,853
2023	$340,856	$240,249	$698,662	$100,607
2022	$213,607	$202,071	$599,574	$11,536
2021	$192,787	$179,981	$589,052	$12,806
2020	$350,773	$284,759	$575,745	$66,014
2019	$258,880	$225,163	$520,773	$33,717
2018	$303,603	$212,205	$482,656	$91,398

SOUTHERN CALIFORNIA CHILDREN'S CHORAL ASSOCIATION