ROANOKE VALLEY CHILDRENS CHOIR INC (EIN 462748502) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

CAROLYN CHRISMAN

Tax Period

2023-08-01 to 2024-07-31

Roanoke Valley Children's Choir Inc, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $297K in total revenue in fiscal year 2017. Revenue fell 42% from the prior year — a significant decline worth monitoring.

Mission

THE CHOIR EXISTS TO FURTHER EDUCATIONAL AND CHARITABLE PURPOSES BY, PROVIDING MUSICAL AND VOICE TRAINING TO CHILDREN AGE 6 TO 18. ITS GOAL IS TO PROVIDE OPPORTUNTIES FOR GROWTH, LEARNING, DISCIPLINE, CONFIDENCE AND JOY IN MUSIC.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $74,463

Program Service Revenue $285,344

Investment Income $826

Other Revenue $0

TOTAL REVENUE $360,633

Expense Breakdown

Grants Paid $0

Salaries & Benefits $171,159

Fundraising Expenses $4,023

Program Expenses $241,674

Other Expenses $161,759

TOTAL EXPENSES $332,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$360,633	$331,860	+0.1%
Expenses	$332,918	$314,863	+0.1%
Net Income	$27,715	$16,997	+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
KIM DAVIDSON	RVCC DIRECTOR	40.00	Highest	$69,526	$4,580	$74,106
KIANNA PRICE	DIRECTOR	1.00	Director	$0	$0	$0
LEE LEARMAN	DIRECTOR	1.00	Director	$0	$0	$0
ASHA JINDAL	DIRECTOR	1.00	Director	$0	$0	$0
RICK RIEGO DE DIOS	DIRECTOR	1.00	Director	$0	$0	$0
SARAH BOSWELL	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA LAWERENCE	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN CHRISMAN	CHAIRMAN	2.00	Officer	$0	$0	$0
MICHAEL HEMPHILL	TREASURER	2.00	Officer	$0	$0	$0
BARBARA MOORE	SECRETARY	2.00	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	$360,633	$332,918	$154,264	$27,715
2023	$331,860	$314,863	$113,597	$16,997
2022	$289,748	$308,566	$96,247	$-18,818
2021	$235,727	$199,689	$147,980	$36,038
2020	$276,977	$288,937	$115,391	$-11,960
2019	$290,475	$270,758	$127,351	$19,717
2018	$296,938	$307,385	$107,637	$-10,447

ROANOKE VALLEY CHILDRENS CHOIR INC