FOLK ALLIANCE REGION - WEST FARWEST (EIN 460508137) - 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

2005

Legal Domicile

Principal Officer

STEVE GARVAN

Tax Period

2023-01-01 to 2023-12-31

FOLK ALLIANCE REGION - WEST FARWEST, founded in 2005, is a micro nonprofit that reported $56K in total revenue in fiscal year 2023. Expenses of $68K exceeded revenue, resulting in a 22% operating deficit.

Mission

ORGANIZE CONFERENCE FOR FOLK MUSICIANS

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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 $7,233

Program Service Revenue $48,228

Investment Income $49

Other Revenue $0

TOTAL REVENUE $55,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $66,717

Other Expenses $67,900

TOTAL EXPENSES $67,900

Year-over-Year Comparison

	2023	2022	Change
Revenue	$55,510	N/A	N/A
Expenses	$67,900	N/A	N/A
Net Income	$-12,390	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

Governance

Voting Members

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
MICHELLE DEMERS SHAEVITZ	Director	3.00	Director	$0	$0	$0
LELLIE CAPWELL	Director	2.00	Director	$0	$0	$0
BETH FORTUNE	Director	0.00	Director	$0	$0	$0
TARAN SCHINDLER	Director	1.00	Director	$0	$0	$0
GAIL DREIFUS	Director	2.00	Director	$0	$0	$0
REESE TANIMURA	Director	2.00	Director	$0	$0	$0
ARIELLE SILVER	President	20.00	Director	$0	$0	$0
SUSIE GLAZE	Director	15.00	Officer	$0	$0	$0
STEVE GARVAN	Vice President	4.00	Officer	$0	$0	$0
KAREN SULLIVAN	Secretary	4.00	Officer	$0	$0	$0
GABY CASTRO-MORODER	Treasurer	24.00	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	No data	No data	No data	No data
2023	$55,510	$67,900	$118,754	$-12,390

FOLK ALLIANCE REGION - WEST FARWEST