ASBURY PARK, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASBURY PARK MUSIC FOUNDATION INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $581K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $97K, a strong 17% operating margin.
TO PROVIDE LIFE-CHANGING MUSIC EDUCATION TO ENGAGE UNDER-SERVED YOUTH AND RUN EVENTS TO IMPROVE THE ECONOMIC WELL-BEING OF THE RESIDENTS AND UNITE A DIVERSE COMMUNITY.
THE ORGANIZATION PROVIDES LIFE-CHANGING YOUTH EDUCATION PROGRAMS FOR UNDER-SERVED YOUTH. THIS INCLUDES PROGRAMS IN LOCAL SCHOOLS, SUBSIDIZING FREE MUSIC LESSONS FOR STUDENTS, PROVIDING DONATED...
THE ORGANIZATION PROVIDES LIFE-CHANGING YOUTH EDUCATION PROGRAMS FOR UNDER-SERVED YOUTH. THIS INCLUDES PROGRAMS IN LOCAL SCHOOLS, SUBSIDIZING FREE MUSIC LESSONS FOR STUDENTS, PROVIDING DONATED INSTRUMENTS TO STUDENTS IN PROGRAMS. HUNDREDS OF CHILDREN HAVE PARTICIPATED IN THE PROGRAM. THE ORGANIZATION ALSO RUNS CONCERTS AND COMMUNITY EVENTS IN THE CITY OF ASBURY PARK.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $581,010 | $829,927 | -0.3% |
| Expenses | $484,000 | $963,828 | -0.5% |
| Net Income | $97,010 | $-133,901 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| JAMES LENSKOLD | CHAIRMAN | 5.00 |
Officer
|
$0 | $0 | $0 |
| ANDREA DUDEK | TREASURER | 5.00 |
Officer
|
$0 | $0 | $0 |
| PAUL WEINSTEIN | SECRETARY | 5.00 |
Officer
|
$0 | $0 | $0 |
| HEATHER CAVISE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| EILEEN CHAPMAN | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| THOMAS GILMOUR | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DREW KRONICK | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DORIAN PARREOTT | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $581,010 | $484,000 | $322,952 | $97,010 |
| 2024 | $829,927 | $963,828 | $293,271 | $-133,901 |
| 2023 | $1,064,544 | $967,303 | $379,869 | $97,241 |
| 2022 | $603,463 | $650,798 | $264,573 | $-47,335 |
| 2021 | $623,150 | $610,219 | $347,482 | $12,931 |
| 2020 | $545,318 | $746,291 | $309,528 | $-200,973 |
| 2019 | $781,150 | $583,746 | $512,056 | $197,404 |
| 2018 | $485,709 | $391,733 | $327,160 | $93,976 |
Compare ASBURY PARK MUSIC FOUNDATION INC with other nonprofits in New Jersey and across the country.