Buffalo Grove Instrument Association Inc (EIN 369627205) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

Holly Ragland

Phone

8477184000

Tax Period

2021-08-01 to 2022-07-31

Buffalo Grove Instrument Association Inc, founded in 1974, is a micro nonprofit that reported $34K in total revenue in fiscal year 2021. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $40K exceeded revenue, resulting in a 16% operating deficit.

Mission

to support and enhance the Buffalo Grove High School band program

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $4,185

Program Service Revenue $27,484

Investment Income $0

Other Revenue $2,785

TOTAL REVENUE $34,454

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,245

Program Expenses $36,135

Other Expenses $40,115

TOTAL EXPENSES $40,115

Year-over-Year Comparison

	2021	2020	Change
Revenue	$34,454	$31,426	+0.1%
Expenses	$40,115	$27,808	+0.4%
Net Income	$-5,661	$3,618	-2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Colleen Wytmar	President	10.00	Director	$0	$0	$0
Janna Witt	Vice President	10.00	Director	$0	$0	$0
Beth Williams	Secretary	5.00	Director	$0	$0	$0
Holly Ragland	Treasurer	10.00	Director	$0	$0	$0
Stephanie Gleason	Director	5.00	Director	$0	$0	$0
Kelly Eidson	Director	5.00	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
2022	$34,454	$40,115	No data	$-5,661
2021	$31,426	$27,808	No data	$3,618
2020	$53,481	$57,619	$16,253	$-4,138

Buffalo Grove Instrument Association Inc