TUNE INC (EIN 421124759) - 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

1979

Legal Domicile

Principal Officer

PAM MEYER

Phone

6413901209

Tax Period

2023-04-01 to 2024-03-31

TUNE INC, founded in 1979, is a small nonprofit in the Arts, Culture & Humanities sector that reported $305K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $144K, a strong 47% operating margin.

Mission

IMPROVE THE QUALITY OF LIFE IN NORTHWOOD IOWA COMMUNITY BY CIVIC IMPROVEMENTS AND PROMOTIONS OF THE NORTHWOOD AREA COMMUNITY

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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 $8,114

Program Service Revenue $280,600

Investment Income $0

Other Revenue $16,035

TOTAL REVENUE $304,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,450

Fundraising Expenses $0

Program Expenses $160,528

Other Expenses $148,078

TOTAL EXPENSES $160,528

Year-over-Year Comparison

	2023	2022	Change
Revenue	$304,749	$505,455	-0.4%
Expenses	$160,528	$509,954	-0.7%
Net Income	$144,221	$-4,499	-33.1%

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

N/A

Employees

Volunteers

N/A

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
DEB BROCKMAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
TANNA MORETZ	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
TERESA STEHN	SECRETARY	5.00	Officer Director	$0	$0	$0
PAM MEYER	CO-TREASURER	5.00	Officer Director	$0	$0	$0
CONNIE ESTES	CO-TREASURER	5.00	Officer 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
2024	$304,749	$160,528	$656,219	$144,221
2023	$505,455	$509,954	$565,054	$-4,499
2022	$301,802	$356,452	$598,755	$-54,650
2021	$499,592	$451,513	$198,000	$48,079
2020	$499,878	$506,570	$24,473	$-6,692
2019	$84,401	$91,043	$29,415	$-6,642

TUNE INC