LOUISVILLE YOUTH CHOIR INC (EIN 616058143) - 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

1968

Legal Domicile

Principal Officer

TERRI E FOSTER

Phone

5025332229

Tax Period

2021-07-01 to 2022-06-30

LOUISVILLE YOUTH CHOIR INC, founded in 1968, is a small nonprofit that reported $118K in total revenue in fiscal year 2021. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18K, a strong 15% operating margin.

Mission

THE LOUISVILLE YOUTH CHOIR CREATES STARS OF TODAY BY SUPPORTING AND ENHANCING SCHOOL MUSIC PROGRAMS AND BY SERVICING UNMET ARTISTIC NEEDS IN THE COMMUNITY. THROUGH LOUISVILLE YOUTH CHOIR'S DIVERSE POPULATION, PROGRAMS AND MUSIC, LOUISVILLE YOUTH CHOIR'S LEADERS OF TOMORROW LEARN DISCIPLINE, SELF-CONFIDENCE, LEADERSHIP AND TEAMWORK.

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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 $97,140

Program Service Revenue $20,859

Investment Income $0

Other Revenue $219

TOTAL REVENUE $118,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,387

Fundraising Expenses $4,009

Program Expenses $73,552

Other Expenses $19,617

TOTAL EXPENSES $100,004

Year-over-Year Comparison

	2021	2020	Change
Revenue	$118,218	$83,510	+0.4%
Expenses	$100,004	$99,261	+0.0%
Net Income	$18,214	$-15,751	-2.2%

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

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

$60,325

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRI E FOSTER	ARTISTIC/EXECUTIVE DIRECTO	40.00	Officer	$54,347	$5,978	$60,325
LINDSAY RATTERMAN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
EMORY WILLIAMSON	MEMBER AT LARGE	1.00	Director	$0	$0	$0
KAREN BOWIE	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ABIGAIL RILEY	MEMBER AT LARGE	1.00	Director	$0	$0	$0
KATE BERGER	MEMBER AT LARGE	1.00	Director	$0	$0	$0
PHIL MARTIN	CHAIR	1.00	Officer Director	$0	$0	$0
BRYAN FANTONI	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
ASHTON NAPIER	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN STORY	SECRETARY	1.00	Officer 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
2022	$118,218	$100,004	$52,362	$18,214
2021	$83,510	$99,261	$51,858	$-15,751
2020	$160,046	$163,583	$71,380	$-3,537
2019	$165,086	$169,749	$45,091	$-4,663
2018	$180,811	$163,613	$50,570	$17,198

LOUISVILLE YOUTH CHOIR INC