Norton Music Boosters Association (EIN 341719283) - 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

1967

Legal Domicile

Phone

2162807154

Tax Period

2024-06-01 to 2025-05-31

Norton Music Boosters Association, founded in 1967, is a small nonprofit that reported $148K in total revenue in fiscal year 2024.

Mission

The mission of the Norton Music Boosters Association is to support the educators and students enrolled in the music program in the Norton City School District.

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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 $41,425

Program Service Revenue $0

Investment Income $0

Other Revenue $106,092

TOTAL REVENUE $147,517

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,294

Other Expenses $138,348

TOTAL EXPENSES $143,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$147,517	$152,101	0.0%
Expenses	$143,348	$145,812	0.0%
Net Income	$4,169	$6,289	-0.3%

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
Ben Mathieson	President	003.00	Officer Director	$0	$0	$0
Chrissie Clayton	Vice President	002.00	Officer Director	$0	$0	$0
Bob Perry	Treasurer	005.00	Officer Director	$0	$0	$0
Angie Armbrust	Recording Secretary	001.00	Officer Director	$0	$0	$0
Crystal Perry	Corresponding Secretary	001.00	Officer Director	$0	$0	$0
Laura Kincaid	Asst Treasurer	001.00	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
2025	$147,517	$143,348	$74,885	$4,169
2024	$152,101	$145,812	$78,727	$6,289
2023	$141,021	$137,237	$69,643	$3,784
2022	$129,394	$109,713	$65,859	$19,681
2021	$87,335	$118,614	$46,178	$-31,279
2020	$147,786	$139,710	$79,904	$8,076
2019	$152,642	$161,103	$75,684	$-8,461
2018	$294,117	$246,242	$84,145	$47,875

Norton Music Boosters Association