FINDLAY MUSIC BOOSTERS INC (EIN 341225444) - 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

1977

Legal Domicile

Principal Officer

TEAGAN SIMMONS

Phone

4198893647

Tax Period

2024-05-01 to 2025-04-30

FINDLAY MUSIC BOOSTERS INC, founded in 1977, is a small nonprofit in the Education sector that reported $123K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

SUPPORT FOR FINDLAY CITY SCHOOLS MUSIC PROGRAMS, WHICH INCLUDES ELEMENTARY AND MIDDLE SCHOOL PROGRAMS AS WELL AS FINDLAY HIGH SCHOOL BAND, ORCHESTRA AND CHORAL MUSIC PROGRAMS.

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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 $67,499

Program Service Revenue $0

Investment Income $1,270

Other Revenue $53,904

TOTAL REVENUE $122,673

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $0

Fundraising Expenses $4,485

Program Expenses $126,144

Other Expenses $131,684

TOTAL EXPENSES $132,684

Year-over-Year Comparison

	2024	2023	Change
Revenue	$122,673	$171,494	-0.3%
Expenses	$132,684	$170,603	-0.2%
Net Income	$-10,011	$891	-12.2%

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

N/A

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
MARIA GUAMIERI	BOARD MEMBER	1.00	Director	$0	$0	$0
MARYKAY KASIBORSKI	CO-PRESIDENT	2.00	Officer Director	$0	$0	$0
LORI KASSELMANN	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF MARCHAL	TREASURER	2.00	Officer Director	$0	$0	$0
TEAGAN SIMMONS	CO-PRESIDENT	2.00	Officer Director	$0	$0	$0
HEATHER WILKINS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHNNY ZINNA	BOARD MEMBER	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
2025	$122,673	$132,684	$146,954	$-10,011
2024	$171,494	$170,603	$156,965	$891
2023	$170,325	$149,889	$156,074	$20,436

FINDLAY MUSIC BOOSTERS INC