ATLANTA YOUNG SINGERS OF CALLANWOLDE IN CALLANWOLDE INC (EIN 581249295) - 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

1975

Legal Domicile

Principal Officer

VIRGINIA M THOMPSON

Phone

4048733365

Tax Period

2023-09-01 to 2024-08-31

ATLANTA YOUNG SINGERS OF CALLANWOLDE IN CALLANWOLDE INC, founded in 1975, is a small nonprofit in the Education sector that reported $314K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

AYS IS A CHORAL TRAINING PROGRAM FOR YOUTH AGES 5-18, DEVELOPING APPRECIATION OF AND TALENT IN MUSIC. MISSION: AYS NURTURES YOUTH AGES 7-18, DEVELOPING SELF-CONFIDENCE, MUSIC FLUENCY, CREATIVE LIFE SKILLS, HIGHEST STANDARDS OF PERFORMANCE, DEEP RESPECT FOR OTHERS THROUGH COMPREHENSIVE CHORAL EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $108,158

Program Service Revenue $189,905

Investment Income $11,379

Other Revenue $4,426

TOTAL REVENUE $313,868

Expense Breakdown

Grants Paid $0

Salaries & Benefits $146,878

Fundraising Expenses $17,171

Program Expenses $293,106

Other Expenses $173,764

TOTAL EXPENSES $320,642

Year-over-Year Comparison

	2023	2022	Change
Revenue	$313,868	$259,462	+0.2%
Expenses	$320,642	$261,932	+0.2%
Net Income	$-6,774	$-2,470	+1.7%

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

Volunteers

262

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

$87,334

Total Directors

$87,334

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTONIO THORNTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHELSEA TOLEDO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JARROD CHEEK	TREASURER	1.00	Officer Director	$0	$0	$0
MEGHAN GREEN	SECRETARY	1.00	Officer Director	$0	$0	$0
LORRIE THOMAS ROSS	DIRECTOR	1.00	Director	$0	$0	$0
ERICA STEVENS	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE THOMAS WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
LI ZHENG	DIRECTOR	1.00	Director	$0	$0	$0
VIRGINIA M THOMPSON	EXECUTIVE DIRECTOR	40.00	Officer Director	$50,667	$0	$50,667
PAIGE F MATHIS	MUSIC DIRECTOR	24.00	Officer Director	$36,667	$0	$36,667

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	$313,868	$320,642	$470,754	$-6,774
2023	$259,462	$261,932	$462,025	$-2,470
2022	$305,746	$350,739	$423,174	$-44,993
2021	$227,741	$229,314	$497,611	$-1,573

ATLANTA YOUNG SINGERS OF CALLANWOLDE IN CALLANWOLDE INC