CHRISTIAN MUSIC TRADE ASSOCIATION

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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

1993

Legal Domicile

Principal Officer

ED LEONARD

Phone

6158224524

Tax Period

2023-01-01 to 2023-12-31

CHRISTIAN MUSIC TRADE ASSOCIATION, founded in 1993, is a small nonprofit that reported $249K in total revenue in fiscal year 2023. Expenses of $225K left a modest 10% surplus.

Mission

CMTA'S EXEMPT PURPOSE IS TO INCREASE CHRISTIAN MUSIC'S INFLUENCE WITHIN THE CHURCHES AND MAINSTREAM CULTURE.

Program Service Accomplishments

Program 1

Expenses: $224,666 Revenue: $243,650

SOUNDSCAN PROVIDES INDUSTRY INFORMATION, FACILITATING RESEARCH AND MARKETING ON BEHALF OF THE INDUSTRY.

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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 $4,500

Program Service Revenue $243,650

Investment Income $1,329

Other Revenue $0

TOTAL REVENUE $249,479

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,392

Fundraising Expenses $0

Program Expenses $224,666

Other Expenses $169,274

TOTAL EXPENSES $224,666

Year-over-Year Comparison

	2023	2022	Change
Revenue	$249,479	$247,618	+0.0%
Expenses	$224,666	$249,116	-0.1%
Net Income	$24,813	$-1,498	-17.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG BAYS	DIRECTOR	N/A	Director	$0	$0	$0
JOHN CHAPMAN	DIRECTOR	N/A	Director	$0	$0	$0
DARREN ELROD	DIRECTOR	N/A	Director	$0	$0	$0
ED LEONARD	CHAIR	N/A	Officer Director	$0	$0	$0
BRYANT SCOTT	DIRECTOR	N/A	Director	$0	$0	$0
PAUL SIZELOVE	DIRECTOR	N/A	Director	$0	$0	$0
TODD STEPP	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
JOHN STOKES	DIRECTOR	N/A	Director	$0	$0	$0
DAVID SYLVESTER	DIRECTOR	N/A	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	$249,479	$224,666	$195,534	$24,813
2022	$247,618	$249,116	$164,589	$-1,498
2021	$351,735	$316,168	$562,095	$35,567
2020	$242,279	$328,594	$338,155	$-86,315
2019	$336,192	$367,979	No data	$-31,787
2018	$346,465	$351,589	$249,795	$-5,124