PACIFIC MUSIC ASSOCIATIONS (EIN 562349338) - 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

2003

Legal Domicile

Principal Officer

Chinh Le

Phone

5103269904

Tax Period

2021-01-01 to 2021-12-31

PACIFIC MUSIC ASSOCIATIONS, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $211K in total revenue in fiscal year 2021. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 42% operating margin.

Mission

Preserve and promote Vietnamese and World Music through training programs, community events, free online music workshops and productions.

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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 (2021)

Revenue Breakdown

Contributions & Grants $55,000

Program Service Revenue $111,602

Investment Income $44,428

Other Revenue $0

TOTAL REVENUE $211,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $122,807

Other Expenses $122,807

TOTAL EXPENSES $122,807

Year-over-Year Comparison

	2021	2020	Change
Revenue	$211,030	$104,609	+1.0%
Expenses	$122,807	$98,764	+0.2%
Net Income	$88,223	$5,845	+14.1%

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

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
Chinh Le	President	5	Director Key Emp	$0	$0	$0
Quang Luc	Director	5	Officer	$0	$0	$0
Lynn Ngo	Director	5	Officer	$0	$0	$0
Chan Le	Secretary and Treasurer	5	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
2021	$211,030	$122,807	$99,418	$88,223

PACIFIC MUSIC ASSOCIATIONS