PORT CLINTON MUSIC BOOSTERS INC

EIN: 341400530 501(c)(3) Education

PORT CLINTON, OH

Total Revenue
$46,491
Total Expenses
$54,741
Total Assets
$98,435
Net Assets
$81,110
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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
2001
Legal Domicile
OH
Tax Period
2023-07-01 to 2024-06-30

PORT CLINTON MUSIC BOOSTERS INC, founded in 2001, is a micro nonprofit in the Education sector that reported $46K in total revenue in fiscal year 2023. Expenses of $55K exceeded revenue, resulting in a 18% operating deficit.

Mission

PROMOTE MUSIC AND MUSIC EDUCATION IN PORT CLINTON PUBLIC SCHOOLS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $68,702
Program Service Revenue $0
Investment Income $1,861
Other Revenue $-24,072
TOTAL REVENUE $46,491

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $52,633
Other Expenses $54,741
TOTAL EXPENSES $54,741

Year-over-Year Comparison

2023 2022 Change
Revenue $46,491 $44,158 +0.1%
Expenses $54,741 $32,883 +0.7%
Net Income $-8,250 $11,275 -1.7%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE ROSIAR TREASURER 2.00
Officer
$0 $0 $0
RENEE CASE SECRETARY 2.00
Officer
$0 $0 $0
ABBY LUKAC PRESIDENT 0.00
Officer
$0 $0 $0
DAWN BOYKIN VICE PRESIDENT 2.00
Officer
$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 $46,491 $54,741 $98,435 $-8,250
2023 $44,158 $32,883 $106,685 $11,275
2022 $42,024 $36,819 $95,410 $5,205
2021 $52,520 $35,457 $90,205 $17,063
2020 $35,609 $42,196 $70,447 $-6,587
2019 $53,815 $62,833 $67,641 $-9,018
2018 $111,927 $112,908 $71,422 $-981
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