AMERICAN FRIENDS OF THE BELGRADE PHILHARMONIC ORCHESTRA INC (EIN 454796820) - 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

GARRY PARTON

Phone

2125956335

Tax Period

2024-01-01 to 2024-12-31

AMERICAN FRIENDS OF THE BELGRADE PHILHARMONIC ORCHESTRA INC, founded in 2012, is a micro nonprofit that reported $999 in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $29K exceeded revenue, resulting in a 2766% operating deficit.

Mission

TO PROMOTE AN APPRECIATION FOR CLASSICAL MUSIC AND ORCHESTRAL PERFORMANCES AND TO SUPPORT THE CHARITABLE, CULTURAL AND EDUCATIONAL ACTIVITIES OF THE BELGRADE PHILHARMONIC ORCHESTRA AND BELGRADE PHILHARMONIC FOUNDATION OPERATING IN SERBIA

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $999

Other Revenue $0

TOTAL REVENUE $999

Expense Breakdown

Grants Paid $28,184

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,184

Other Expenses $449

TOTAL EXPENSES $28,633

Year-over-Year Comparison

	2024	2023	Change
Revenue	$999	$1,353	-0.3%
Expenses	$28,633	$1,213	+22.6%
Net Income	$-27,634	$140	-198.4%

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

N/A

Independent Members

N/A

Employees

N/A

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
IGOR JEEL	DIRECTOR AND PRESIDENT	0.25	Officer	$0	$0	$0
ALEKSANDRA STOJIE-ZUROVAC	DIRECTOR	0.25	Officer	$0	$0	$0
GARRY PARTON	DIRECTOR, TREASURER AND AS	1.00	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	$999	$28,633	No data	$-27,634
2023	$1,353	$1,213	$28,818	$140
2022	$396	$1,479	$28,810	$-1,083
2021	$3	$1,447	$29,880	$-1,444
2020	$79	$1,239	$30,130	$-1,160
2019	$608	$1,256	$31,181	$-648

AMERICAN FRIENDS OF THE BELGRADE PHILHARMONIC ORCHESTRA INC