CLASSICS FOR KIDS FOUNDATION (EIN 810516714) - 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

1998

Legal Domicile

Principal Officer

BARRY KINGSTON

Phone

5087408331

Tax Period

2024-01-01 to 2024-12-31

CLASSICS FOR KIDS FOUNDATION, founded in 1998, is a micro nonprofit in the Education sector that reported $87K in total revenue in fiscal year 2024. Expenses of $114K exceeded revenue, resulting in a 31% operating deficit.

Mission

EMPOWER YOUNG PEOPLE TO SHAPE POSITIVE FUTURES THROUGH MUSIC. BUILD SUSTAINABLE STRINGED INSTRUMENT MUSIC PROGRAMS AND PROVIDE GRANTS FOR HIGH QUALITY INSTRUMENTS.

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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 $65,564

Program Service Revenue $0

Investment Income $21,204

Other Revenue $0

TOTAL REVENUE $86,768

Expense Breakdown

Grants Paid $49,974

Salaries & Benefits $0

Fundraising Expenses $3,648

Program Expenses $97,974

Other Expenses $63,945

TOTAL EXPENSES $113,919

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,768	$85,241	+0.0%
Expenses	$113,919	$98,922	+0.2%
Net Income	$-27,151	$-13,681	+1.0%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL W LOWDEN	PRESIDENT	5.00	Officer	$0	$0	$0
BARRY KINGSTON	TREASURER	5.00	Officer	$0	$0	$0
JILL LENHARDT	SECRETARY	5.00	Officer	$0	$0	$0
FRANK GRAVES	TRUSTEE/DIRECTOR	5.00	Director	$0	$0	$0
LUCIA LIN	TRUSTEE/DIRECTOR	5.00	Director	$0	$0	$0
SETH JOHNSON	TRUSTEE/DIRECTOR	5.00	Director	$0	$0	$0
STANFORD THOMPSON	TRUSTEE/DIRECTOR	5.00	Director	$0	$0	$0
LYNN WEIDNER	TRUSTEE/DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL REYNOLDS	TRUSTEE/DIRECTOR	5.00	Director	$0	$0	$0
ROBIN DILAURI	TRUSTEE/DIRECTOR	5.00	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	$86,768	$113,919	$145,231	$-27,151
2023	$85,241	$98,922	$172,382	$-13,681
2022	$80,874	$140,839	$186,063	$-59,965
2021	$103,277	$163,440	$246,028	$-60,163
2020	$127,455	$200,680	$305,985	$-73,225
2019	$176,313	$226,797	$379,560	$-50,484
2018	$302,845	$167,251	$429,818	$135,594

CLASSICS FOR KIDS FOUNDATION