Westlake Choir Parents Inc (EIN 742330681) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

H Michael Giles

Phone

5127757210

Tax Period

2023-07-01 to 2024-06-30

Westlake Choir Parents Inc, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $172K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $153K left a modest 11% surplus.

Mission

The Westlake Parents Choir organization supports the choral arts program at Westlake High School, Austin, TX.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $104,884

Program Service Revenue $66,715

Investment Income $0

Other Revenue $0

TOTAL REVENUE $171,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $153,492

Other Expenses $153,492

TOTAL EXPENSES $153,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$171,599	$210,760	-0.2%
Expenses	$153,492	$221,672	-0.3%
Net Income	$18,107	$-10,912	-2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laura Hollenbeck	President	010.00	Officer	$0	$0	$0
Tiffiny Britton	President elect	010.00	Officer	$0	$0	$0
Jay Lamy	Fundraising	002.00	Officer	$0	$0	$0
Ann Bernard	Treasurer	010.00	Officer	$0	$0	$0
Ashley Cannatti	Treasurer Elect	002.00	Officer	$0	$0	$0
Suzanne Newhouse	Secretary	050.00	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	No data	No data	No data	No data
2024	$171,599	$153,492	$142,312	$18,107
2023	$210,760	$221,672	$94,769	$-10,912
2022	$156,914	$179,807	$126,639	$-22,893
2021	$4,519	$45,174	$161,470	$-40,655
2020	$206,636	$204,289	$203,655	$2,347
2019	$142,377	$145,902	$140,909	$-3,525

Westlake Choir Parents Inc