PIANOSFOREDUCATIONORG INC (EIN 461995748) - 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

JULEA DUKE

Phone

4048266172

Tax Period

2024-01-01 to 2024-12-31

PIANOSFOREDUCATIONORG INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $869K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $223K, a strong 26% operating margin.

Mission

TO SUPPORT EDUCATION THROUGH MAKING PIANOS MORE REASONABLY AVAILABLE TO EDUCATIONAL ORGANIZATIONS AND STUDENTS.

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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 $545,267

Program Service Revenue $0

Investment Income $56,082

Other Revenue $267,166

TOTAL REVENUE $868,515

Expense Breakdown

Grants Paid $10,777

Salaries & Benefits $175,828

Fundraising Expenses $0

Program Expenses $548,927

Other Expenses $458,975

TOTAL EXPENSES $645,580

Year-over-Year Comparison

	2024	2023	Change
Revenue	$868,515	$936,057	-0.1%
Expenses	$645,580	$800,233	-0.2%
Net Income	$222,935	$135,824	+0.6%

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

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
DAVID ENGLAND	PRESIDENT	30.00	Officer Director	$0	$0	$0
JULEA DUKE	EXECUTIVE DIRECTOR	1.00	Officer Director	$0	$0	$0
JEFF FUNDERBURK	MEMBER	1.00	Director	$0	$0	$0
JUNE IRVINE	SECRETARY TREASURER	1.00	Officer Director	$0	$0	$0
WILLIAM SUIT	MEMBER	1.00	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	$868,515	$645,580	$1,950,300	$222,935
2023	$936,057	$800,233	$1,746,051	$135,824
2022	$996,250	$761,765	$1,444,447	$234,485
2021	$986,288	$554,142	$1,345,383	$432,146
2020	$660,494	$586,948	$989,099	$73,546
2019	$1,074,417	$937,970	$835,927	$136,447
2018	$923,003	$666,235	$680,595	$256,768

PIANOSFOREDUCATIONORG INC