ROOTS OF AMERICAN MUSIC (EIN 341888282) - 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

1999

Legal Domicile

Principal Officer

VINCE SLUSARZ

Tax Period

2023-07-01 to 2024-06-30

ROOTS OF AMERICAN MUSIC, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $301K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $338K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MISSION OF ROOTS OF AMERICAN MUSIC IS TO NOURISH NEIGHBORHOODS WITH THE TRANSFORMATIVE POWER OF MUSIC THROUGH EDUCATION AND PERFORMANCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $150,162

Program Service Revenue $145,741

Investment Income $0

Other Revenue $5,417

TOTAL REVENUE $301,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,272

Fundraising Expenses $46,921

Program Expenses $211,095

Other Expenses $194,387

TOTAL EXPENSES $337,659

Year-over-Year Comparison

	2023	2022	Change
Revenue	$301,320	$325,880	-0.1%
Expenses	$337,659	$314,958	+0.1%
Net Income	$-36,339	$10,922	-4.3%

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

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

$26,923

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON MEYERS	EXECUTIVE DI	25.00	Officer	$26,923	$0	$26,923
GEORGE BLAKE	DIRECTOR	1.00	Director	$0	$0	$0
ANTOINETTE BROWN	DIRECTOR	1.00	Director	$0	$0	$0
KATIE VAN DUSEN	DIRECTOR	1.00	Director	$0	$0	$0
PRAKASH GANESH	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH LAGUARDIA	TREASURER	1.00	Officer Director	$0	$0	$0
KATHRYN METZ	SECRETARY	1.00	Officer Director	$0	$0	$0
ANTHONY PARKER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SAADA	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SIMANTIRIS	DIRECTOR	1.00	Director	$0	$0	$0
VINCE SLUSARZ	PRESIDENT	2.00	Officer Director	$0	$0	$0
GREG THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
JOSH WALSH	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE COLOPY	SIGNING OFFI	40.00	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	$301,320	$337,659	$45,509	$-36,339
2024	$183,683	$186,209	$46,701	$-2,526
2023	$325,880	$314,958	$87,281	$10,922
2022	$270,484	$291,915	$74,907	$-21,431
2021	$299,875	$239,746	$117,936	$60,129
2020	$230,365	$212,914	$76,224	$17,451

ROOTS OF AMERICAN MUSIC