Thomas Hart Music Boosters (EIN 461887519) - 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

2013

Legal Domicile

Principal Officer

Jamshed Rahman

Phone

9253997571

Tax Period

2022-07-01 to 2023-06-30

Thomas Hart Music Boosters, founded in 2013, is a small nonprofit in the Education sector that reported $260K in total revenue in fiscal year 2022. Revenue surged 203% from the prior year, signaling strong growth momentum. Expenses of $247K left a modest 5% surplus.

Mission

PROVIDING FINANCIAL ASSISTANCE TO BAND MEMBERS FOR EDUCATION AND TRAVEL PURPOSES

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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 (2022)

Revenue Breakdown

Contributions & Grants $10,208

Program Service Revenue $220,679

Investment Income $72

Other Revenue $28,597

TOTAL REVENUE $259,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $5,932

Program Expenses $239,637

Other Expenses $247,107

TOTAL EXPENSES $247,107

Year-over-Year Comparison

	2022	2021	Change
Revenue	$259,556	$85,635	+2.0%
Expenses	$247,107	$71,093	+2.5%
Net Income	$12,449	$14,542	-0.1%

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

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
Zach Szukala	President	5.00	Officer Director	$0	$0	$0
Gen Lengefeld	Vice President	3.00	Officer Director	$0	$0	$0
Jamshed Rahman	Treasurer	2.00	Officer Director	$0	$0	$0
Beth Douglas	Secretary	2.00	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
2023	$259,556	$247,107	$69,557	$12,449
2022	$85,635	$71,093	$73,334	$14,542
2021	$19,241	$26,065	$58,792	$-6,824
2020	$37,305	$25,522	$65,616	$11,783
2019	$51,178	$61,152	$53,833	$-9,974
2019	$72,947	$61,152	$125,167	$11,795
2018	$65,414	$46,526	$63,807	$18,888

Thomas Hart Music Boosters