NORTHERN OHIO CHILDREN'S PERFORMING MUSIC FOUNDATION INC (EIN 340971828) - 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

1965

Legal Domicile

Principal Officer

ANDREW PHELPS

Phone

2164325555

Tax Period

2024-07-01 to 2025-06-30

NORTHERN OHIO CHILDREN'S PERFORMING MUSIC FOUNDATION INC, founded in 1965, is a small nonprofit in the Arts, Culture & Humanities sector that reported $125K in total revenue in fiscal year 2024. Expenses of $165K exceeded revenue, resulting in a 32% operating deficit.

Mission

MUSICAL ARTS EDUCATION

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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 $81,815

Program Service Revenue $34,634

Investment Income $4,261

Other Revenue $4,634

TOTAL REVENUE $125,344

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,656

Fundraising Expenses $5,854

Program Expenses $116,003

Other Expenses $111,278

TOTAL EXPENSES $164,934

Year-over-Year Comparison

	2024	2023	Change
Revenue	$125,344	$129,032	0.0%
Expenses	$164,934	$234,961	-0.3%
Net Income	$-39,590	$-105,929	-0.6%

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

$64,929

Total Directors

$3,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA WRIGHT CURRENT	ACTING EXECUTIVE DIRECTOR,DIRECTOR/VOLUNTEER/MIN H	8.00	Officer Director	$0	$0	$0
MICHAEL PAPPAS PRIOR	PRESIDENT,TREASURER/VOLUNTEER	8.00	Officer Director	$0	$0	$0
DENNIS MATEJKA CURRENT	PRESIDENT,TREASURER/VOLUNTEER	2.00	Officer Director	$3,000	$0	$3,000
TIM SCHULER	SECRETARY/VOLUNTEER/MIN HR	0.25	Officer Director	$0	$0	$0
ANDREW PHELPS	TREASURER/VOLUNTEER/MIN HRS	2.00	Officer Director	$0	$0	$0
JAMES J BALAGUER	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
GARY J DAMERT MD	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
AL SALVATORE	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
CHANDLER EVERETT	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
MARY BETH MARQUARD	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
SARA LYONS PRIOR	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
MICHELLE MEHAFFEY-TAYLOR PRIOR	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
REBECCA PETRILLI PRIOR	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
BRIAN SCHULER PRIOR	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
DOMINIQUE MCINTYRE PRIOR	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
RACHEL JACKMAN PRIOR	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
TAMMY PETERSON PRIOR	DIRECTOR/VOLUNTEER/MIN HRS	0.25	Director	$0	$0	$0
THOMAS DEASTLOV PRIOR	EXECUTIVE DIRECTOR	40.00	Officer	$60,375	$1,554	$61,929

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	$125,344	$164,934	$111,835	$-39,590
2024	$129,032	$234,961	$143,767	$-105,929
2023	$199,624	$286,408	$255,547	$-86,784
2022	$158,451	$227,914	$317,182	$-69,463
2021	$224,848	$218,248	$424,770	$6,600
2020	$249,390	$292,961	$382,239	$-43,571

NORTHERN OHIO CHILDREN'S PERFORMING MUSIC FOUNDATION INC