LEE RITENOURS SIX STRING THEORY COMPETITION

EIN: 471921669 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
N/A
Total Expenses
$1,463
Total Assets
$6,126
Net Assets
$6,126
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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
2014
Legal Domicile
CA
Principal Officer
LEE M RITENOUR
Phone
3108260909
Tax Period
2022-09-01 to 2023-08-31

Mission

TO SUPPORT ASPIRING MUSICIANS IN MOVING TOWARDS A PROFESSIONAL MUSIC CAREER THROUGH EDUCATION, PROFESSIONAL MENTORING, RECORDING AND PERFORMANCE OPPORTUNITIES, AND MUSIC RELATED PRIZES.

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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 (2022)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,463
TOTAL EXPENSES $1,463

Year-over-Year Comparison

2022 2021 Change
Revenue N/A N/A N/A
Expenses $1,463 N/A N/A
Net Income N/A $0 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
6
Independent Members
6
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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEE M RITENOUR PRESIDENT 7.00
Officer Director
$0 $0 $0
CARMEN S RITENOUR CFO 0.05
Officer Director
$0 $0 $0
WESLEY S RITENOUR SECRETARY 0.05
Director
$0 $0 $0
DAVE GRUSIN DIRECTOR 0.05
Director
$0 $0 $0
MARK WEXLER DIRECTOR 0.05
Director
$0 $0 $0
MICHAEL LIZARRAGA DIRECTOR 0.05
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 No data No data No data No data
2023 No data $1,463 $6,126 No data
2022 $3,050 $3,436 $7,588 $-386
2021 $10,000 $6,802 $7,974 $3,198
2020 No data $3,260 $4,776 No data
2019 $23,000 $34,705 $8,036 $-11,705
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