MUSICAL INSTRUMENTS N KIDS HANDS (EIN 743194527) - 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

2006

Legal Domicile

Phone

2169033756

Tax Period

2024-01-01 to 2024-12-31

MUSICAL INSTRUMENTS N KIDS HANDS, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $386K in total revenue in fiscal year 2024. Revenue surged 468% from the prior year, signaling strong growth momentum. Expenses of $337K left a modest 13% surplus.

Mission

Music can transform lives especially for kids growing up in difficult circumstances. Music Instruments N Kids Hands mission is to introduce students to science technology engineering arts and math STEAM through an interactive and digital music program. The programs creative learning environment instills a sense of stability and community assists in developing social skills and teamwork and builds confidence to carry them into other areas of their lives.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $385,687

Investment Income $224

Other Revenue $0

TOTAL REVENUE $385,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,490

Fundraising Expenses $1,340

Program Expenses $246,728

Other Expenses $316,228

TOTAL EXPENSES $336,718

Year-over-Year Comparison

	2024	2023	Change
Revenue	$385,911	$67,884	+4.7%
Expenses	$336,718	$46,788	+6.2%
Net Income	$49,193	$21,096	+1.3%

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

Employees

N/A

Volunteers

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

$20,490

Total Directors

$27,350

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLARENCE KIRBY	PRESIDENT	20.00	Officer	$17,490	$0	$17,490
MARCUS WRIGHT	TREASURER	20.00	Officer	$0	$0	$0
JASMINE HUDSON	SECRETARY	20.00	Officer	$3,000	$0	$3,000
AHRMS MANAGEMENT GROUP	DIRECTOR	20.00	Director	$27,350	$0	$27,350
DR ELIZABETH VILLANUEVA	DIRECTOR	20.00	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	$385,911	$336,718	$58,910	$49,193

MUSICAL INSTRUMENTS N KIDS HANDS