CANTICUM NOVUM (EIN 421554179) - 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

2002

Legal Domicile

Phone

8314253600

Tax Period

2023-10-01 to 2024-09-30

CANTICUM NOVUM, founded in 2002, is a small nonprofit in the Youth Development sector that reported $202K in total revenue in fiscal year 2023.

Mission

SOCIAL TRANSFORMATION THROUGH MUSIC AND 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 (2023)

Revenue Breakdown

Contributions & Grants $178,872

Program Service Revenue $4,503

Investment Income $0

Other Revenue $18,908

TOTAL REVENUE $202,283

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,202

Fundraising Expenses $42,942

Program Expenses $121,490

Other Expenses $101,234

TOTAL EXPENSES $198,664

Year-over-Year Comparison

	2023	2022	Change
Revenue	$202,283	$195,119	+0.0%
Expenses	$198,664	$212,931	-0.1%
Net Income	$3,619	$-17,812	-1.2%

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

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
DEANNA GARDINER-GARCIA	Director	2.00	Director	$0	$0	$0
JAMES FORTUNATO	Director	2.00	Director	$0	$0	$0
RAKESH WANGA	Director	2.00	Director	$0	$0	$0
DAVE BURNS	Director	2.00	Director	$0	$0	$0
CONSTANCE R FORTUNATO	President & CEO	80.00	Officer	$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	$202,283	$198,664	$11,601	$3,619

CANTICUM NOVUM