CLASSICS FOR KIDS INC (EIN 330706949) - 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

1994

Legal Domicile

Principal Officer

KIRAN SHELAT

Phone

6192312311

Tax Period

2024-09-01 to 2025-08-31

CLASSICS FOR KIDS INC, founded in 1994, is a small nonprofit in the Arts, Culture & Humanities sector that reported $625K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 15% operating margin.

Mission

Transforming childrens lives through innovative educational concerts and music programs that inspire learning, creativity, and community.

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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 $542,825

Program Service Revenue $97,224

Investment Income $1,108

Other Revenue $-16,248

TOTAL REVENUE $624,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $266,787

Fundraising Expenses $38,251

Program Expenses $452,510

Other Expenses $263,666

TOTAL EXPENSES $530,453

Year-over-Year Comparison

	2024	2023	Change
Revenue	$624,909	$492,754	+0.3%
Expenses	$530,453	$467,443	+0.1%
Net Income	$94,456	$25,311	+2.7%

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

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

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

$89,338

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRAN SHELAT	Executive Dir.	40.00	Officer	$89,338	$0	$89,338
ZACH WEST	BOARD MEMBER	0.50	Director	$0	$0	$0
MONICA FLEMING	BOARD MEMBER	0.50	Director	$0	$0	$0
ELYSE NGUYEN	Chairman	0.50	Officer Director	$0	$0	$0
JADE SMITH	BOARD MEMBER	0.50	Director	$0	$0	$0
TIMOTHY CAJKA	Treasurer	0.50	Officer Director	$0	$0	$0
LAURA BASHORE	BOARD MEMBER	0.50	Director	$0	$0	$0
NANCY GATSCHET	BOARD MEMBER	0.50	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	$624,909	$530,453	$512,439	$94,456
2024	$492,754	$467,443	$421,974	$25,311
2023	$589,393	$427,784	$397,242	$161,609
2022	$348,820	$322,113	$236,722	$26,707
2021	$249,712	$233,155	$243,091	$16,557
2020	$343,943	$336,527	$164,543	$7,416
2019	$398,622	$349,250	$122,141	$49,372

CLASSICS FOR KIDS INC