Northside Music School Inc (EIN 742930001) - 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

1999

Legal Domicile

Principal Officer

Robin Abraham Jr

Phone

2106961973

Tax Period

2023-01-01 to 2023-12-31

Northside Music School Inc, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $134K in total revenue in fiscal year 2023. Revenue surged 109% from the prior year, signaling strong growth momentum.

Mission

To establish and maintain scholarships for music education.

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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 $54,415

Program Service Revenue $79,315

Investment Income $0

Other Revenue $0

TOTAL REVENUE $133,730

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $136,913

Other Expenses $136,913

TOTAL EXPENSES $136,913

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,730	$63,917	+1.1%
Expenses	$136,913	$68,617	+1.0%
Net Income	$-3,183	$-4,700	-0.3%

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
Robin Abraham J	President	20.00	Officer Director	$0	$0	$0
April Brahinsky	Vice President / Secretary	5.00	Officer 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
2024	No data	No data	No data	No data
2023	$133,730	$136,913	$35,880	$-3,183
2022	$63,917	$68,617	$32,281	$-4,700
2021	$41,320	$40,311	$35,906	$1,009
2020	$20,760	$25,732	$35,615	$-4,972
2019	$4,280	$9,314	$39,869	$-5,034
2018	$8,460	$22,391	$44,565	$-13,931

Northside Music School Inc