HOUSTON BOYCHOIR INC (EIN 760627922) - 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

2010

Legal Domicile

Phone

2814841560

Tax Period

2023-08-01 to 2024-07-31

HOUSTON BOYCHOIR INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $366K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Net assets of $921K represent 30 months of operating reserves.

Mission

HBC's mission is to build men of chararcter through music. The organization provides education in choral music and performance opportunities throughout the City of Houston and beyond.

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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 $135,376

Program Service Revenue $89,187

Investment Income $73,628

Other Revenue $67,829

TOTAL REVENUE $366,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $166,844

Fundraising Expenses $34,680

Program Expenses $271,486

Other Expenses $211,662

TOTAL EXPENSES $378,506

Year-over-Year Comparison

	2023	2022	Change
Revenue	$366,020	$386,397	-0.1%
Expenses	$378,506	$300,324	+0.3%
Net Income	$-12,486	$86,073	-1.1%

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

150

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

$64,654

Total Directors

$47,654

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLE NELSON	ART DIR EMERITA	20.00	Officer Director	$26,667	$0	$26,667
Austin Hunt	Artistic Direct	40.00	Officer	$25,000	$0	$25,000
LOUISE MAGRUDER	Director	15.00	Director	$18,000	$0	$18,000
PAMALA HENJUM	Executive Dir.	20.00	Officer	$10,000	$0	$10,000
JAYNE FOWLER	Secretary	5.00	Officer Director	$2,987	$0	$2,987
MATTHEW FOWLER	Director	1.00	Director	$0	$0	$0
Mindy Harper	President	2.00	Officer Director	$0	$0	$0
Jeremy Simmons	Vice President	1.00	Officer Director	$0	$0	$0
Brittain Cunningham	Treasurer	1.00	Officer Director	$0	$0	$0
Allison Gower	Director	1.00	Director	$0	$0	$0
Jeff Vyner	Director	1.00	Director	$0	$0	$0
PAUL ROCH	Director	1.00	Director	$0	$0	$0
NANCY HAYWOOD	Director	1.00	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	$366,020	$378,506	$923,681	$-12,486
2023	$386,397	$300,324	$934,296	$86,073
2022	$366,421	$277,093	$849,274	$89,328
2021	$282,367	$209,100	$847,241	$73,267
2020	$387,789	$214,845	$783,432	$172,944
2019	$416,257	$272,140	$600,267	$144,117
2018	$368,890	$311,490	$455,885	$57,400

HOUSTON BOYCHOIR INC