MINNEOLA INSTRUMENTAL MUSIC ASSOC INC

EIN: 452536663 501(c)(3) Education

MINNEOLA, FL

Total Revenue
$210,921
Total Expenses
$233,188
Total Assets
$210,921
Net Assets
$-22,267
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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
2011
Legal Domicile
FL
Principal Officer
SEAN MCNABB
Tax Period
2018-07-01 to 2019-06-30

MINNEOLA INSTRUMENTAL MUSIC ASSOC INC, founded in 2011, is a small nonprofit in the Education sector that reported $211K in total revenue in fiscal year 2018. Expenses of $233K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO SUPPORT THE MUSICAL DEPARTMENT OF LAKE MINNEOLA HIGH SCHOOL

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $210,921
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $210,921

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5,578
Program Expenses $226,621
Other Expenses $233,188
TOTAL EXPENSES $233,188

Year-over-Year Comparison

2018 2017 Change
Revenue $210,921 N/A N/A
Expenses $233,188 N/A N/A
Net Income $-22,267 N/A N/A
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE BRADDOCK MEMBER AT LARGE 4.00
Director
$0 $0 $0
SEAN MCNABB PRESIDENT 4.00
Officer
$0 $0 $0
STEPHANIE WELCH VICE PRESIDENT 4.00
Officer
$0 $0 $0
LINDA MIDLANE TREASURER 4.00
Officer
$0 $0 $0
JENNY ROSE FINANCIAL SECRETARY 4.00
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
2019 $210,921 $233,188 $210,921 $-22,267
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