CHICAGO, IL
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)SPIRIT OF HARMONY FOUNDATION INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $109K in total revenue in fiscal year 2025. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $27K, a strong 25% operating margin.
THE SPIRIT OF HARMONY FOUNDATION SUPPORTS THE MORAL IMPERATIVE OF MUSIC EDUCATION AND MUSIC PERFORMANCE FOR YOUTH. WE ADVOCATE FOR MUSIC EDUCATION, BEGINNING AT THE EARLIEST AGE POSSIBLE, OFFERED IN SCHOOLS OR AS AFTER-SCHOOL PROGRAMS. THE FOUNDATION WEAVES TOGETHER THE SOCIAL, BIOLOGICAL, ECONOMIC, AND ACADEMIC BENEFITS ACCRUED TO STUDENTS WHO ARE INVOLVED IN CONSISTENT INSTRUMENT-BASED MUSIC EDUCATION. WE BELIEVE IN PROVIDING OPPORTUNITIES FOR PERSONAL DEVELOPMENT AND SELF- EXPRESSION THROUGH THE SUPPORT OF MUSIC AND MUSIC EDUCATION FOR YOUNG PEOPLE REGARDLESS OF SOCIOECONOMIC STATUS, GEOGRAPHIC LOCATION, OR ABILITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $108,950 | $85,413 | +0.3% |
| Expenses | $82,217 | $86,695 | -0.1% |
| Net Income | $26,733 | $-1,282 | -21.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JEAN LACHOWICZ | EXECUTIVE DI | 40.00 |
Officer
Director
|
$30,000 | $0 | $30,000 |
| ED VIGDOR | BOARD CHAIRM | 40.00 |
Officer
Director
|
$30,000 | $0 | $30,000 |
| MICHAEL BAIRD | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| BILL CHAPMAN | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| KEVIN ELLMAN | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| JAMES F LACHOWICZ | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOEL OWENS | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| MARY PERGOLA PARENT | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| MICHELE RUNDGREN | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TODD RUNDGREN | PRESIDENT/FO | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN SIEGLER | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| MARK WOODIN | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $108,950 | $82,217 | $208,514 | $26,733 |
| 2024 | $85,413 | $86,695 | $183,300 | $-1,282 |
| 2023 | $100,434 | $80,352 | $186,350 | $20,082 |
| 2022 | $91,596 | $84,389 | $167,985 | $7,207 |
| 2021 | $61,585 | $77,570 | $157,166 | $-15,985 |
Compare SPIRIT OF HARMONY FOUNDATION INC with other nonprofits in Illinois and across the country.