TAU BETA SIGMA HONORARY BAND SORORITY (EIN 730593479) - 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

1943

Legal Domicile

Principal Officer

KATHY WEBSTER

Phone

4053722333

Tax Period

2023-06-01 to 2024-05-31

TAU BETA SIGMA HONORARY BAND SORORITY, founded in 1943, is a small nonprofit that reported $506K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $599K exceeded revenue, resulting in a 18% operating deficit.

Mission

WE PROVIDE EXCEPTIONAL SERVICE TO COLLEGIATE BANDS AND PROMOTE EQUALITY AND DIVERSITY, INCLUDING EMPOWERING WOMEN IN THE BAND PROFESSION. WE CULTIVATE LEADERSHIP, EDUCATIONAL ACHIENVEMENT, MUSICAL APPRECIATION AND COMMUNITY DEVELOPMENT.

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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 $50,211

Program Service Revenue $514,705

Investment Income $17,493

Other Revenue $-76,204

TOTAL REVENUE $506,205

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,619

Fundraising Expenses $8,338

Program Expenses $334,182

Other Expenses $399,619

TOTAL EXPENSES $599,238

Year-over-Year Comparison

	2023	2022	Change
Revenue	$506,205	$569,915	-0.1%
Expenses	$599,238	$558,766	+0.1%
Net Income	$-93,033	$11,149	-9.3%

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

N/A

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
ROSALYN MCDONALD	Chairman	5.00	Director	$0	$0	$0
JASON DORNBUSH	Trustee	5.00	Director	$0	$0	$0
JONATHAN MARKOWSKI	Trustee	5.00	Director	$0	$0	$0
ADRIENNE RALL	Trustee	5.00	Director	$0	$0	$0
ZACHARY REBARCHEK	Trustee	5.00	Director	$0	$0	$0
KRISTIN WRIGHT	Trustee	5.00	Director	$0	$0	$0
ERIKA POPE	Trustee	5.00	Director	$0	$0	$0
SIOBHAN WILKES BRATCHER	President	5.00	Director	$0	$0	$0
KATHY WEBSTER	Foundation Mgr.	20.00	Director	$0	$0	$0
STEVEN NELSON	Executive Dir.	40.00	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	$506,205	$599,238	$1,203,389	$-93,033
2023	No data	No data	$1,150,533	No data
2023	$569,915	$558,766	$1,087,091	$11,149
2022	$404,557	$619,340	$1,150,533	$-214,783
2021	$725,860	$494,908	$1,331,347	$230,952
2020	$491,340	$469,463	$1,168,591	$21,877
2019	$564,385	$459,082	$825,451	$105,303

TAU BETA SIGMA HONORARY BAND SORORITY