DURANT MUSIC BOOSTERS INC (EIN 593328992) - 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

1996

Legal Domicile

Principal Officer

DAVID WATERS

Phone

8137579075

Tax Period

2023-07-01 to 2024-06-30

DURANT MUSIC BOOSTERS INC, founded in 1996, is a small nonprofit in the Education sector that reported $154K in total revenue in fiscal year 2023. Expenses of $176K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE SUPPORT TO DURANT HIGH SCHOOL MUSIC PROGRAMS

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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 $40,576

Program Service Revenue $0

Investment Income $40

Other Revenue $113,669

TOTAL REVENUE $154,285

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $169,942

Other Expenses $175,708

TOTAL EXPENSES $175,708

Year-over-Year Comparison

	2023	2022	Change
Revenue	$154,285	$149,613	+0.0%
Expenses	$175,708	$154,809	+0.1%
Net Income	$-21,423	$-5,196	+3.1%

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
DAVID WATERS	President	10.00	Officer	$0	$0	$0
DAN BARKER	Vice President	10.00	Officer	$0	$0	$0
TIA JESSON	Secretary	5.00	Officer	$0	$0	$0
GAIL WALLACE	Vice President	5.00	Officer	$0	$0	$0
ALEX BLANCHARD	Treasurer	5.00	Officer	$0	$0	$0
DANIEL BUSH	Treasurer	5.00	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
2024	$154,285	$175,708	$53,906	$-21,423
2023	$149,613	$154,809	$71,214	$-5,196
2022	$196,616	$164,306	$76,410	$32,310
2021	$54,747	$51,683	$44,100	$3,064
2020	$184,739	$177,008	$41,036	$7,731

DURANT MUSIC BOOSTERS INC