MICHIGAN COMPETING BAND ASSOCIATION (EIN 382378165) - 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

1974

Legal Domicile

Principal Officer

JONATHAN SCHNICKE

Phone

2317509207

Tax Period

2024-02-01 to 2025-01-31

MICHIGAN COMPETING BAND ASSOCIATION, founded in 1974, is a small nonprofit in the Recreation & Sports sector that reported $432K in total revenue in fiscal year 2024. Expenses of $398K left a modest 8% surplus.

Mission

PROMOTION OF MUSIC EDUCATION

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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 $0

Program Service Revenue $427,183

Investment Income $4,738

Other Revenue $0

TOTAL REVENUE $431,921

Expense Breakdown

Grants Paid $9,800

Salaries & Benefits $79,202

Fundraising Expenses $0

Program Expenses $397,812

Other Expenses $308,810

TOTAL EXPENSES $397,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$431,921	$407,955	+0.1%
Expenses	$397,812	$396,137	+0.0%
Net Income	$34,109	$11,818	+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

Total Directors

$71,938

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN SCHNICKE	PRESIDENT	1.00	Officer	$0	$0	$0
JENNIFER HOLLANDSWORTH	VICE PRESIDE	1.00	Officer	$0	$0	$0
RYAN RUBLE	SECRETARY	1.00	Officer	$0	$0	$0
DAVID ZAMBORSKY	TREASURER	1.00	Officer	$0	$0	$0
MELISSA HOLSO	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT GREEN	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL STEELE	TRUSTEE	1.00	Director	$0	$0	$0
DAVID ARMBRUSTER	MUSIC CAPTIO	1.00	Director	$0	$0	$0
CHUCK HODSON	EXECUTIVE DI	30.00	Director	$46,664	$0	$46,664
JUNO OREFICE	JUDGE COORDI	18.00	Director	$25,274	$0	$25,274

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	$431,921	$397,812	$218,092	$34,109
2024	$407,955	$396,137	$186,245	$11,818
2023	$345,733	$355,652	$172,020	$-9,919
2022	$369,014	$382,990	$181,382	$-13,976
2021	$13,012	$94,511	$181,870	$-81,499
2020	$241,516	$269,731	$249,873	$-28,215

MICHIGAN COMPETING BAND ASSOCIATION