OMAHA AREA YOUTH ORCHESTRAS (EIN 470609748) - 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

1958

Legal Domicile

Principal Officer

SOPHIA POTTER

Phone

4026797262

Tax Period

2023-07-01 to 2024-06-30

OMAHA AREA YOUTH ORCHESTRAS, founded in 1958, is a small nonprofit that reported $282K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $424K exceeded revenue, resulting in a 50% operating deficit.

Mission

MUSICAL EDUCATION AND TRAINING

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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 (2023)

Revenue Breakdown

Contributions & Grants $91,497

Program Service Revenue $184,205

Investment Income $6,784

Other Revenue $0

TOTAL REVENUE $282,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $182,811

Fundraising Expenses $24,219

Program Expenses $346,439

Other Expenses $241,223

TOTAL EXPENSES $424,034

Year-over-Year Comparison

	2023	2022	Change
Revenue	$282,486	$238,944	+0.2%
Expenses	$424,034	$325,594	+0.3%
Net Income	$-141,548	$-86,650	+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

200

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

$54,075

Total Directors

$54,075

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SOPHIA POTTER	EXECUTIVE DIRECTOR	20.00	Officer Director	$54,075	$0	$54,075
BARBARA SODERLIN	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRETT WERNER	TREASURER	2.00	Officer Director	$0	$0	$0
ANDREW ALMODOVA	SECRETARY	2.00	Officer Director	$0	$0	$0
MELINDA MEYER	DIRECTOR	1.00	Director	$0	$0	$0
TANIA HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN FANNIN	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA STRATTON	DIRECTOR	1.00	Director	$0	$0	$0
MILY HARROD	DIRECTOR	1.00	Director	$0	$0	$0
ALEX ZIMMERMAN	DIRECTOR	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	$282,486	$424,034	No data	$-141,548
2023	$240,141	$325,594	$186,383	$-85,453
2022	$269,977	$251,434	$265,663	$18,543
2021	$285,939	$197,052	$255,026	$88,887
2020	$275,845	$206,081	$169,154	$69,764
2019	$253,660	$200,892	$86,846	$52,768
2018	$381,374	$374,717	$40,496	$6,657

OMAHA AREA YOUTH ORCHESTRAS