SOCIETY FOR THE PRESERVATION & ENCOURAGE OF BARBERSHOP QUARTET SINGING IN AMERICA (EIN 390926339) - 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

1938

Legal Domicile

Principal Officer

STEVE DENINO

Phone

6158233993

Tax Period

2023-01-01 to 2023-12-31

SOCIETY FOR THE PRESERVATION & ENCOURAGE OF BARBERSHOP QUARTET SINGING IN AMERICA, founded in 1938, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.8M in total revenue in fiscal year 2023. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 23% operating margin.

Mission

THE BARBERSHOP HARMONY SOCIETY BRINGS PEOPLE TOGETHER IN HARMONY AND FELLOWSHIP TO ENRICH LIVES THROUGH SINGING.

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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 $2,777,323

Program Service Revenue $3,901,631

Investment Income $7,645

Other Revenue $142,130

TOTAL REVENUE $6,828,729

Expense Breakdown

Grants Paid $180,943

Salaries & Benefits $2,385,614

Fundraising Expenses $91,050

Program Expenses $4,147,003

Other Expenses $2,676,169

TOTAL EXPENSES $5,242,726

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,828,729	$4,352,637	+0.6%
Expenses	$5,242,726	$5,324,510	0.0%
Net Income	$1,586,003	$-971,873	-2.6%

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

650

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

$487,976

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NOAH FUNDERBURG	IMMEDIATE PAST PRESIDENT (BEG 11/23	5.00	Officer Director	$0	$0	$0
JOHN SANTORA	PRESIDENT	10.00	Officer Director	$0	$0	$0
JOHN DONEHOWER	IMMEDIATE PAST PRESIDENT (END 8/23	10.00	Officer Director	$0	$0	$0
KEVIN KELLER	EXECUTIVE VP (BEG 12/23)	10.00	Officer Director	$0	$0	$0
DWAYNE COOPER	TREASURER	10.00	Officer Director	$0	$0	$0
TIM MYERS	BOARD TRUSTEE	10.00	Director	$0	$0	$0
MARIA CHRISTIAN	BOARD TRUSTEE	5.00	Director	$0	$0	$0
JEREMY BRANN	BOARD TRUSTEE	5.00	Director	$0	$0	$0
LARRY BOMBACK	BOARD TRUSTEE	5.00	Director	$0	$0	$0
CHRISTIAN HUNTER	BOARD TRUSTEE	5.00	Director	$0	$0	$0
JOE MCDONALD	BOARD TRUSTEE	5.00	Director	$0	$0	$0
BLAIR BROWN	BOARD TRUSTEE	5.00	Director	$0	$0	$0
ZACHARY MATERNE	BOARD TRUSTEE	5.00	Director	$0	$0	$0
MARTIN MONSON NON-VOTING	CEO/SECRETARY (END 08/23)	40.00	Officer	$207,538	$38,427	$245,965
ERIK P DOVE	CFO/COO	40.00	Officer	$167,024	$20,051	$187,075
STEVE DENINO	EXECUTIVE VP(END 09/23)/CEO BEG 9/23	10.00	Officer	$53,286	$1,650	$54,936
ERIN HARRIS	CPO (END 06/23)	40.00	Highest	$102,595	$6,485	$109,080

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	No data	No data	No data	No data
2023	$6,828,729	$5,242,726	$6,650,332	$1,586,003
2022	$4,352,637	$5,324,510	$4,192,087	$-971,873
2021	$3,795,133	$4,334,651	$5,301,089	$-539,518
2020	$3,769,794	$4,818,941	$5,931,331	$-1,049,147
2019	$5,120,923	$5,906,003	$5,907,785	$-785,080
2018	$5,065,777	$5,510,571	$5,653,733	$-444,794

SOCIETY FOR THE PRESERVATION & ENCOURAGE OF BARBERSHOP QUARTET SINGING IN AMERICA