Arlington, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Piano & More, founded in 2018, is a small nonprofit in the Education sector that reported $202K in total revenue in fiscal year 2019. Expenses of $188K left a modest 7% surplus.
Our mission is to make music education fun and accessible to all people - no matter age or background. In 2024, we had up to 180 students participate in our private music lesson program, including piano, voice, guitar and other private music lessons. Piano & More hosted around 30 community music events such as Open Mics, Musical Field Trips, and Recitals for students and around 5 social events for teachers. These music events help us fulfil our mission of bringing the community together with music. We also have a community outreach program where we partner with title I Virginia schools called Play It Forward- a program that's been operating since 2019. Students in the Play It Forward program receive weekly private piano lessons and piano books, free of charge. We are grateful to provide this access as piano isn't taught in public schools and private piano lessons can be too expensive for low income families.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $370,083 | $407,075 | -0.1% |
| Expenses | $380,268 | $421,193 | -0.1% |
| Net Income | $-10,185 | $-14,118 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nicole Kovar | President | 40.00 |
Officer
|
$73,158 | $5,634 | $78,792 |
| Damacia Umanzor | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Melissa Cortina Rush | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Sam Yeo | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $370,083 | $380,268 | $19,168 | $-10,185 |
| 2023 | $407,075 | $421,193 | $33,381 | $-14,118 |
| 2022 | $328,163 | $313,776 | $48,394 | $14,387 |
| 2021 | $308,204 | $302,108 | $30,973 | $6,096 |
| 2020 | $272,236 | $263,406 | $25,473 | $8,830 |
| 2019 | $202,307 | $188,149 | $15,543 | $14,158 |
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