Virgil I Grissom High School Band Parents Association Inc (EIN 630867861) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

Laura A Frame

Phone

2567015430

Tax Period

2024-06-01 to 2025-05-31

GRISSOM BAND PARENTS ASSOCIATION INC, founded in 1983, is a small nonprofit in the Education sector that reported $153K in total revenue in fiscal year 2017. Revenue decreased 17% compared to the prior year. Expenses of $145K left a modest 6% surplus.

Mission

To support the Grissom High School Band

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $164,755

Program Service Revenue $6,123

Investment Income $2,463

Other Revenue $18,800

TOTAL REVENUE $192,141

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $187,665

TOTAL EXPENSES $187,665

Year-over-Year Comparison

	2024	2023	Change
Revenue	$192,141	N/A	N/A
Expenses	$187,665	N/A	N/A
Net Income	$4,476	N/A	N/A

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

N/A

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
ROBERT T STILES	President	15.00	Officer	$0	$0	$0
DAVID LAWRENCE	Vice President 2	10.00	Officer	$0	$0	$0
NICOLE NIX	Treasurer 1	15.00	Officer	$0	$0	$0
GINA GANN	Treasurer 2	15.00	Officer	$0	$0	$0
ASHLEY DYER	Vice President 1	10.00	Officer	$0	$0	$0
JANETTE PARKER	Secretary	10.00	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
2025	$192,141	$187,665	$137,016	$4,476
2023	$166,794	$166,248	$129,179	$546
2021	$95,506	$61,409	$126,917	$34,097
2020	$142,330	$134,619	$93,908	$7,711
2019	$149,573	$136,945	$82,163	$12,628
2018	$153,423	$144,563	$69,535	$8,860

Virgil I Grissom High School Band Parents Association Inc