FOUR FRESHMEN MUSIC FOUNDATION INC

EIN: 475089353 501(c)(3) Arts, Culture & Humanities

MICHIGAN CITY, IN

Total Revenue
$24,926
Total Expenses
$25,421
Total Assets
$56,221
Net Assets
$56,221
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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
2015
Legal Domicile
IN
Principal Officer
TRUDY FEIGUM
Phone
8047760833
Tax Period
2019-01-01 to 2019-12-31

FOUR FRESHMEN MUSIC FOUNDATION INC, founded in 2015, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $25K in total revenue in fiscal year 2019. Revenue surged 459% from the prior year, signaling strong growth momentum. Net assets of $56K represent 27 months of operating reserves.

Mission

TO PERPETUATE THE APPRECIATION AND UNDERSTANDING OF THE UNIQUE TRANSFORMATIVE AND HISTORICAL HARMONIES CREATED BY THE FOUR FRESHMEN.

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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 (2019)

Revenue Breakdown

Contributions & Grants $24,680
Program Service Revenue $0
Investment Income $246
Other Revenue $0
TOTAL REVENUE $24,926

Expense Breakdown

Grants Paid $19,703
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,703
Other Expenses $5,718
TOTAL EXPENSES $25,421

Year-over-Year Comparison

2019 2018 Change
Revenue $24,926 $4,458 +4.6%
Expenses $25,421 $6,002 +3.2%
Net Income $-495 $-1,544 -0.7%
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
8
Independent Members
8
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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRUDY FEIGUM CHARIMAN 032.00
Officer Director
$0 $0 $0
DAVID W BENTLEY TREASURER 024.00
Officer Director
$0 $0 $0
KATHY FEESE SECRETARY 016.00
Officer Director
$0 $0 $0
PETER WELLS TRUSTEE 004.00
Director
$0 $0 $0
DAVID BLACKWELL TRUSTEE 004.00
Director
$0 $0 $0
MARLENE LOBSIGER TRUSTEE 004.00
Director
$0 $0 $0
GIL PETERSON TRUSTEE 004.00
Director
$0 $0 $0
DAN ZWEIG TRUSTEE 004.00
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
2019 $24,926 $25,421 $56,221 $-495
2017 $4,458 $6,002 $56,717 $-1,544
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