WOLVERINE BAND PARENTS ASSOCIATION (EIN 650543174) - 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

1984

Legal Domicile

Principal Officer

David A Kannberg

Phone

5617530760

Tax Period

2022-07-01 to 2023-06-30

WOLVERINE BAND PARENTS ASSOCIATION, founded in 1984, is a small nonprofit in the Education sector that reported $447K in total revenue in fiscal year 2022. Revenue surged 292% from the prior year, signaling strong growth momentum.

Mission

Provide support to Wellington High School Band Program

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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 (2022)

Revenue Breakdown

Contributions & Grants $117,730

Program Service Revenue $311,009

Investment Income $65

Other Revenue $18,254

TOTAL REVENUE $447,058

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $439,979

Other Expenses $472,312

TOTAL EXPENSES $472,312

Year-over-Year Comparison

	2022	2021	Change
Revenue	$447,058	$114,141	+2.9%
Expenses	$472,312	$61,960	+6.6%
Net Income	$-25,254	$52,181	-1.5%

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

200

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
Michelle De Armas	Director	10	Director	$0	$0	$0
Stephanie Bierman	director	10	Director	$0	$0	$0
Pepper Adair	director	10	Director	$0	$0	$0
Greg Wunsch	President	15	Officer	$0	$0	$0
Pamela Stannard	Vice President	10	Officer	$0	$0	$0
Robin Padilla	Vice President	15	Officer	$0	$0	$0
Antonella Takvorian	Financial Secretary	20	Officer	$0	$0	$0
David Kannberg	Treasurer	20	Officer	$0	$0	$0
Lourdes Sanchez	Recording Secretary	5	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
2023	$447,058	$472,312	$171,146	$-25,254

WOLVERINE BAND PARENTS ASSOCIATION