GREENWOOD CHORALE

EIN: 463412420 501(c)(3) Arts, Culture & Humanities

GREENWOOD, MS

Total Revenue
$11,975
Total Expenses
$11,038
Total Assets
$7,965
Net Assets
$7,965
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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

Principal Officer
CLAUDIA HENSON
Tax Period
2024-01-01 to 2024-12-31

GREENWOOD CHORALE is a micro nonprofit in the Arts, Culture & Humanities sector that reported $12K in total revenue in fiscal year 2024. Expenses of $11K left a modest 8% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO OPERATE A CHORAL AND MUSIC PERFORMANCE NON-PROFIT ORGANIZATION THAT PRESENTS VOCAL AND MUSICAL CONCERTS PRIMARILY TO THE COMMUNITY OF GREENWOOD, LEFLORE COUNTY, MISSISSIPPI, AND TO PROMOTE MUSICAL ART AS AN EDUCATIONAL ORGANIZATION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,975
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $11,975

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,949
Other Expenses $11,038
TOTAL EXPENSES $11,038

Year-over-Year Comparison

2024 2023 Change
Revenue $11,975 N/A N/A
Expenses $11,038 N/A N/A
Net Income $937 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

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAMERON ABEL SECRETARY N/A
Officer
$0 $0 $0
CLAUDIA HENSON PRESIDENT N/A
Officer
$0 $0 $0
BECKY PAMER TREASURER N/A
Officer
$0 $0 $0
ERIN STAGNER VICE PRESIDE N/A
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 $11,975 $11,038 $7,965 $937
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