AMARILLO YOUTH CHOIRS INC (EIN 752507750) - 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

1992

Legal Domicile

Principal Officer

KATE FREEMAN

Phone

8063721100

Tax Period

2023-07-01 to 2024-06-30

AMARILLO YOUTH CHOIRS INC, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $158K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $194K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO PROVIDE BOYS AND GIRLS IN THE AMARILLO AND PANHANDLE AREA WHO HAVE SPECIAL MUSICAL ABILITIES WITH AN OPPORTUNITY TO STUDY AND PERFORM CHALLENGING CHORAL LITERATURE.

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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 $18,375

Program Service Revenue $108,430

Investment Income $13,221

Other Revenue $18,084

TOTAL REVENUE $158,110

Expense Breakdown

Grants Paid $0

Salaries & Benefits $106,791

Fundraising Expenses $25,263

Program Expenses $141,053

Other Expenses $87,495

TOTAL EXPENSES $194,286

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,110	$131,155	+0.2%
Expenses	$194,286	$138,191	+0.4%
Net Income	$-36,176	$-7,036	+4.1%

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

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

$45,427

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATE FREEMAN	EXECUTIVE DI	40.00	Officer	$45,427	$0	$45,427
CHRISTINA GREBEL	PRESIDENT	N/A	Officer Director	$0	$0	$0
GREG HEFFNER	TREASURER	N/A	Officer Director	$0	$0	$0
BOBBY MCCAULEY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KATY TERRY	SECRETARY	N/A	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
2025	No data	No data	No data	No data
2024	$158,110	$194,286	$166,326	$-36,176
2023	$131,155	$138,191	$139,945	$-7,036
2022	$88,506	$118,776	$185,716	$-30,270
2021	$124,001	$117,391	$231,615	$6,610
2020	$239,234	$236,047	$198,892	$3,187
2019	$282,982	$330,745	$241,881	$-47,763
2018	$365,846	$397,437	$284,597	$-31,591

AMARILLO YOUTH CHOIRS INC