APPALACHIAN TRADITIONS INC (EIN 541375171) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

REECE BOYD

Phone

2766793541

Tax Period

2024-01-01 to 2024-12-31

APPALACHIAN TRADITIONS INC, founded in 1986, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $42K in total revenue in fiscal year 2018. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $55K exceeded revenue, resulting in a 31% operating deficit.

Mission

PRESERVATION AND PROMOTION OF APPALACHIAN CULTURE AND REGIONAL FOLK MUSIC THROUGH THE COORDINATION AND PRODUCTION OF FOLK MUSIC CONCERTS AND FESTIVALS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,141

Program Service Revenue $49,825

Investment Income $0

Other Revenue $0

TOTAL REVENUE $57,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,965

Other Expenses $78,029

TOTAL EXPENSES $78,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$57,966	$49,071	+0.2%
Expenses	$78,029	$61,033	+0.3%
Net Income	$-20,063	$-11,962	+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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAKAYLA BOYD	SECRETARY	N/A	Officer Director	$0	$0	$0
REECE BOYD	PRESIDENT	N/A	Officer Director	$0	$0	$0
JEFF ELLER	DIRECTOR	N/A	Director	$0	$0	$0
LINDA HAMILTON	TREASURER	N/A	Officer Director	$0	$0	$0
LARRY MULLINS	DIRECTOR	N/A	Director	$0	$0	$0
CATHY SHEPHERD	DIRECTOR	N/A	Director	$0	$0	$0
CARL STANLEY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
LONNIE WISE	DIRECTOR	N/A	Director	$0	$0	$0
MELISSA WISE	DIRECTOR	N/A	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	$57,966	$78,029	$307,157	$-20,063
2023	$49,071	$61,033	$327,218	$-11,962
2022	$49,886	$59,661	$339,182	$-9,775
2021	$136,995	$67,874	$348,955	$69,121
2020	$35,229	$45,207	$279,834	$-9,978
2019	$47,113	$59,089	$293,169	$-11,976
2018	$42,470	$55,480	$305,144	$-13,010

APPALACHIAN TRADITIONS INC