MUSICAL EMPOWERMENT INC (EIN 454589282) - 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

2012

Legal Domicile

Principal Officer

AYEZA NXUMALO

Tax Period

2023-01-01 to 2023-12-31

MUSICAL EMPOWERMENT INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $191K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $182K left a modest 5% surplus.

Mission

CREATING EQUITABLE ACCESS TO MUSIC EDUCATION BY PAIRING CHILDREN WITH COLLEGE MENTORS TO INSPIRE RESILIENCE AND CONFIDENCE

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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 $191,146

Program Service Revenue $0

Investment Income $186

Other Revenue $0

TOTAL REVENUE $191,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,715

Fundraising Expenses $20,875

Program Expenses $141,831

Other Expenses $46,034

TOTAL EXPENSES $181,925

Year-over-Year Comparison

	2023	2022	Change
Revenue	$191,332	$162,148	+0.2%
Expenses	$181,925	$249,350	-0.3%
Net Income	$9,407	$-87,202	-1.1%

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

Employees

Volunteers

275

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
LYNNE CHEN	BOARD MEMBER	1.00	Director	$0	$0	$0
WOODY BATTLE	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHARINE BATCHELOR	BOARD MEMBER	1.00	Director	$0	$0	$0
LIZ HOPKINS	BOARD MEMBER	1.00	Director	$0	$0	$0
DEMETRIUS COX	BOARD MEMBER	1.00	Director	$0	$0	$0
BRYAN GILLIAM	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNN HUANG	BOARD MEMBER	1.00	Director	$0	$0	$0
SALLY HOGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CODY LOPEZ	TREASURER	1.00	Officer Director	$0	$0	$0
AYEZA NXUMALO	BOARD CHAIR	1.00	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	No data	No data	No data	No data
2023	$191,332	$181,925	$34,758	$9,407
2022	$162,148	$249,350	$26,265	$-87,202
2021	$208,101	$186,263	$113,465	$21,838
2020	$98,178	$184,640	$85,256	$-86,462
2019	$244,143	$229,446	$150,769	$14,697

MUSICAL EMPOWERMENT INC