Victory Music & Dance Company Inc (EIN 472167056) - 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

2014

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Victory Music & Dance Company Inc, founded in 2014, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 8% surplus.

Mission

The organization is a non-sectarian, community services organization that specializes in providing academic enrichment performing arts, leadership and mentorship programs to youth and families in the underserved communities of Brooklyn

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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 $1,144,126

Program Service Revenue $0

Investment Income $0

Other Revenue $2,720

TOTAL REVENUE $1,146,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $475,658

Fundraising Expenses $99,160

Program Expenses $820,236

Other Expenses $579,839

TOTAL EXPENSES $1,055,497

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,146,846	$721,149	+0.6%
Expenses	$1,055,497	$1,127,223	-0.1%
Net Income	$91,349	$-406,074	-1.2%

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

N/A

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

$171,932

Total Directors

$96,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kencina N Williams	Executive Director	75.00	Director	$96,700	$0	$96,700
Nanonte Dailey	Afterschool Director	45.00	Officer	$51,570	$0	$51,570
Ronald Martin	Marching Band Director	35.00	Officer	$37,190	$0	$37,190
Michelle Joseph	Director	35.00	Officer	$36,300	$0	$36,300
Estena Turner	Artistic Director	35.00	Officer	$31,677	$0	$31,677
Michelle Vinson	Director	25.00	Officer	$15,195	$0	$15,195
Melnia Cordis	Nonprofit Management	1.00		$0	$0	$0
Han-Hsien Tran	Attorney	1.00		$0	$0	$0
Michelle Vinson	Afterschool Director	20.00	Officer	$0	$0	$0
Duncan Huie	Chief Financial Officer	10.00	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	No data	No data	No data	No data
2023	$1,146,846	$1,055,497	$478,911	$91,349
2022	$721,149	$1,127,223	$258,338	$-406,074
2021	$729,085	$670,329	$654,647	$58,756
2020	$482,470	$518,166	$149,857	$-35,696
2019	$643,127	$650,828	$125,553	$-7,701
2018	$653,140	$559,945	$135,082	$93,195
2017	$488,397	$450,291	$41,601	$38,106

Victory Music & Dance Company Inc