COASTAL JAZZ ASSOCIATION INC (EIN 581528013) - 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

1982

Legal Domicile

Principal Officer

COLIN SCHOFIELD

Phone

6167451207

Tax Period

2022-07-01 to 2023-06-30

COASTAL JAZZ ASSOCIATION INC, founded in 1982, is a small nonprofit in the Arts, Culture & Humanities sector that reported $411K in total revenue in fiscal year 2022. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF COASTAL JAZZ ASSOCIATION IS TO HELP JAZZ THRIVE IN SAVANNAH, GEORGIA AND THE COASTAL EMPIRE BY SPONSORING LIVE PERFORMANCES, ENCOURAGING JAZZ EDUCATION THROUGH SCHOLARSHIPS, AND BY THE CAMARADERIE OF OTHERS WITH SHARED INTERESTS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $312,226

Program Service Revenue $98,518

Investment Income $111

Other Revenue $0

TOTAL REVENUE $410,855

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,191

Fundraising Expenses $0

Program Expenses $358,481

Other Expenses $358,481

TOTAL EXPENSES $432,672

Year-over-Year Comparison

	2022	2021	Change
Revenue	$410,855	$330,377	+0.2%
Expenses	$432,672	$295,855	+0.5%
Net Income	$-21,817	$34,522	-1.6%

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

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

$74,191

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAULA FOGARTY	Executive Dir.	40.00	Director	$0	$0	$74,191
DAVID ALTSCHILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
CALVIN BARNES	1ST VICE PRES	1.00	Officer Director	$0	$0	$0
ALEX SALGUERO	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM CARSWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT FAIRCLOTH	2ND VICE PRES	1.00	Director	$0	$0	$0
TOM GLASER	BOARD MEMBER	1.00	Director	$0	$0	$0
TEDDY ADAMS	BOARD MEMBERS	1.00	Director	$0	$0	$0
DAVID SOLANA	BOARD MEMBER	1.00	Director	$0	$0	$0
TANYA MILTON	BOARD MEMBER	1.00	Director	$0	$0	$0
COLIN SCHOFIELD	President	1.00	Officer Director	$0	$0	$0
RUTH KEITH	Secretary	1.00	Officer Director	$0	$0	$0
STEPHEN LYMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF TUCKER	Treasurer	1.00	Officer Director	$0	$0	$0
MELODY RODRIGUEZ	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	$410,855	$432,672	$125,655	$-21,817
2022	$330,377	$295,855	$152,053	$34,522
2021	$274,267	$218,317	$135,142	$55,950
2020	$264,767	$285,405	$79,192	$-20,638
2019	$269,808	$254,749	$74,930	$15,059
2018	$279,673	$281,819	$54,871	$-2,146

COASTAL JAZZ ASSOCIATION INC