RENAISSANCE MUSIC ACADEMY OF VA (EIN 541657949) - 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

1993

Legal Domicile

Principal Officer

DAVID EHRLICH

Phone

5405521383

Tax Period

2023-01-01 to 2023-12-31

RENAISSANCE MUSIC ACADEMY OF VA, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $418K in total revenue in fiscal year 2018. Expenses of $403K left a modest 4% surplus.

Mission

MUSIC EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $70,891

Program Service Revenue $389,524

Investment Income $15,049

Other Revenue $0

TOTAL REVENUE $475,464

Expense Breakdown

Grants Paid $0

Salaries & Benefits $349,125

Fundraising Expenses $1,937

Program Expenses $411,591

Other Expenses $76,628

TOTAL EXPENSES $425,753

Year-over-Year Comparison

	2023	2022	Change
Revenue	$475,464	$438,926	+0.1%
Expenses	$425,753	$418,406	+0.0%
Net Income	$49,711	$20,520	+1.4%

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

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

$28,456

Total Directors

$95,508

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID EHRLICH	PRESIDENT	15.00	Officer Director	$28,456	$0	$28,456
C BARRY ANDERSON	SECRETARY	1.00	Officer Director	$0	$0	$0
SAMARA MCMILLION ABPLANALP	TREASURER	2.00	Officer Director	$0	$0	$0
TERESA EHRLICH	DIRECTOR	40.00	Director Highest	$67,052	$0	$67,052
STEVE GERUS	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
DEBORAH CARLIER	BOARD MEMBER	1.00	Director	$0	$0	$0
DEB SIM	BOARD MEMBER	1.00	Director	$0	$0	$0
CATHERINE SNYDER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIE PAGET	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE MEREDITH	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA WIRGAU	BOARD MEMBER	1.00	Director	$0	$0	$0
DONNA SEDGWICK	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$475,464	$425,753	$782,223	$49,711
2022	$438,926	$418,406	$732,179	$20,520
2021	$528,389	$410,925	$717,474	$117,464
2020	$451,754	$423,780	$593,305	$27,974
2019	$439,835	$400,312	$565,808	$39,523
2018	$418,161	$403,200	$524,263	$14,961

RENAISSANCE MUSIC ACADEMY OF VA