JAZZ EDUCATION INC (EIN 741763612) - 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

1970

Legal Domicile

Principal Officer

DENISE KENNEDY

Phone

7138397000

Tax Period

2022-09-01 to 2023-08-31

JAZZ EDUCATION INC, founded in 1970, is a micro nonprofit in the Employment sector that reported $70K in total revenue in fiscal year 2022. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 24% operating margin.

Mission

TO PROVIDE EDUCATIONAL ACTIVITIES FOR UNDERSERVED YOUTH IN THE FIELD OF MUSIC. THIS INCLUDES SUBJECTS NOT FULLY COVERED BY PRIVATE AND/OR PUBLIC SCHOOL SYSTEMS. EDUCATIONAL ACTIVITIES DESIGNED TO PROMOTE A GREATER APPRECIATION AND UNDERSTANDING OF THE HISTORY AND CILUTURE OF JAZZ.

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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 $70,488

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $70,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,416

Other Expenses $53,905

TOTAL EXPENSES $53,905

Year-over-Year Comparison

	2022	2021	Change
Revenue	$70,488	$30,005	+1.3%
Expenses	$53,905	$54,277	0.0%
Net Income	$16,583	$-24,272	-1.7%

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

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	Role	Reportable Comp	Other Comp	Total
LLOYD HUGHES	PRESIDENT	Director	$0	$0	$0
PATRICIA SMITH-PRATHER	VICE PRESIDENT	Director	$0	$0	$0
PAMELA ZACKORY	TREASUER	Director	$0	$0	$0
MARK DANNENBAUM	BOARD MEMBER	Director	$0	$0	$0
PHIL KOCH	BOARD MEMBER	Director	$0	$0	$0
RON REYNOLDS	BOARD MEMBER	Director	$0	$0	$0
MAXINE TODD	BOARD MEMBER	Director	$0	$0	$0
DEBBIE TAYLOR-SHEINMAN	BOARD MEMBER	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
2023	$70,488	$53,905	$52,056	$16,583
2022	$30,005	$54,277	$35,474	$-24,272
2021	$68,858	$52,682	$50,104	$16,176
2020	$61,162	$73,444	$33,927	$-12,282

JAZZ EDUCATION INC