SCOOL SOUNDS INC (EIN 352575478) - 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

2017

Legal Domicile

Phone

9173623071

Tax Period

2023-07-01 to 2024-06-30

SCOOL SOUNDS INC, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $448K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

The Corporation's primary exempt purpose is to use the power of music to inspire, educate and connect children and communities.

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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 $250,060

Program Service Revenue $197,700

Investment Income $28

Other Revenue $0

TOTAL REVENUE $447,788

Expense Breakdown

Grants Paid $16,800

Salaries & Benefits $374,148

Fundraising Expenses $16,092

Program Expenses $418,874

Other Expenses $70,988

TOTAL EXPENSES $461,936

Year-over-Year Comparison

	2023	2022	Change
Revenue	$447,788	$539,595	-0.2%
Expenses	$461,936	$523,246	-0.1%
Net Income	$-14,148	$16,349	-1.9%

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

$70,702

Total Directors

$58,325

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Louise Brooks	Executive Dir.	20.00	Officer	$70,702	$0	$70,702
NINA STERN	Founder and Dir	16.00	Director	$43,000	$0	$43,000
DAVE ADEWUMI	Board of Dir.	16.00	Director	$15,325	$0	$15,325
CAROLINE GIASSI	Board of Dir.	1.00	Director	$0	$0	$0
SARA STUART	President	3.00	Officer Director	$0	$0	$0
PETER FABER	Treasurer	2.00	Officer Director	$0	$0	$0
NANCY SNIDER	Secretary	2.00	Officer Director	$0	$0	$0
ALISON PAVIA	Board of Dir.	1.00	Director	$0	$0	$0
JUSTIN NEUWIRT	Board of Dir.	1.00	Director	$0	$0	$0
TONY ELITCHER	Vice President	3.00	Officer Director	$0	$0	$0
KRYSTAL HAWES	Board of Dir.	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	No data	No data	No data	No data
2024	$447,788	$461,936	$137,295	$-14,148
2023	$539,595	$523,246	$150,072	$16,349
2022	$421,282	$368,647	$135,390	$52,635

SCOOL SOUNDS INC