Soundtrack Community Development & Talent Enhancement Inc (EIN 800598972) - 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

Principal Officer

Lawrence C Hill

Phone

7082178740

Tax Period

2023-05-01 to 2024-04-30

Soundtrack Community Development & Talent Enhancement Inc, founded in 2010, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $72K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $284K exceeded revenue, resulting in a 296% operating deficit.

Mission

Dedicated to helping young people build a foundation through the performing arts and develop skills that give them a sence of hope and accomplishment

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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 $1,400

Program Service Revenue $0

Investment Income $0

Other Revenue $70,326

TOTAL REVENUE $71,726

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,885

Other Expenses $283,706

TOTAL EXPENSES $283,706

Year-over-Year Comparison

	2023	2022	Change
Revenue	$71,726	$65,700	+0.1%
Expenses	$283,706	$269,000	+0.1%
Net Income	$-211,980	$-203,300	+0.0%

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

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	Role	Reportable Comp	Other Comp	Total
Lawrence Hill	President & CEO	Director	$0	$0	$0
Janice M Hill	Treasurer	Director	$0	$0	$0
Joann Pittman	Director	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	$71,726	$283,706	$8,307,926	$-211,980
2023	$65,700	$269,000	$8,519,906	$-203,300
2022	$22,650	$246,591	$8,718,965	$-223,941
2021	$8,943,065	$4,235	$8,941,085	$8,938,830

Soundtrack Community Development & Talent Enhancement Inc