SPIRIT LAKE MUSIC PARENTS INC (EIN 510165191) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

KIM A HAWKINS

Phone

7123302934

Tax Period

2024-07-01 to 2025-06-30

SPIRIT LAKE MUSIC PARENTS INC, founded in 1994, is a small nonprofit that reported $157K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

PROVIDE SUPPORT TO ELEMENTARY, MIDDLE AND HIGH SCHOOL MUSIC PROGRAMS IN SPIRIT LAKE COMMUNITY SCHOOLS. ORGANIZATION ALSO PROVIDES SUPPORT AND CONTEST FEES FOR MUSIC COMPETITIONS AND CAMPS.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $155,800

Program Service Revenue $0

Investment Income $810

Other Revenue $0

TOTAL REVENUE $156,610

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $61,353

Program Expenses $90,250

Other Expenses $157,101

TOTAL EXPENSES $157,101

Year-over-Year Comparison

	2024	2023	Change
Revenue	$156,610	$108,762	+0.4%
Expenses	$157,101	$59,732	+1.6%
Net Income	$-491	$49,030	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ANN STRAUS	BOARD MEMBER-BUDGET	Director	$0	$0	$0
JOE VANPATTEN	BOARD MEMBER-CONCESSIONS	Director	$0	$0	$0
RYLEY SMITH	BOARD MEMBER-CONCESSIONS	Director	$0	$0	$0
TIFFANY MILLER	BOARD MEMBER-SHAKE THE LAKES	Director	$0	$0	$0
RACHEL PARTELLO	BOARD MEMBER-SHAKE THE LAKES	Director	$0	$0	$0
CARISSA JANSSEN	BOARD MEMBER-MEDIA	Director	$0	$0	$0
HEIDI AXFORD	BOARD MEMBER-MEDIA	Director	$0	$0	$0
WHYTNE CLANCY	BOARD MEMBER-MEDIA	Director	$0	$0	$0
JESS NIKKELS	BOARD MEMBER-MEMBERSHIP	Director	$0	$0	$0
KIM A HAWKINS	PRESIDENT	Officer	$0	$0	$0
DANIELLE NELSON	TREASURER	Officer	$0	$0	$0
CINDY MOUW	VICE PRESIDENT	Officer	$0	$0	$0
MARCY BOSCH	SECRETARY	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
2025	$156,610	$157,101	$98,562	$-491
2024	$108,762	$59,732	$99,053	$49,030
2023	$138,663	$119,639	$65,421	$19,024
2022	$106,788	$109,003	$46,637	$-2,215
2021	$45,055	$36,291	$48,852	$8,764
2020	$123,254	$111,857	$40,088	$11,397
2019	$248,544	$263,828	$75,024	$-15,284

SPIRIT LAKE MUSIC PARENTS INC