Fort Worth, TX
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)B Sharp Youth Music Program, founded in 2016, is a small nonprofit that reported $114K in total revenue in fiscal year 2021. Revenue fell 58% from the prior year — a significant decline worth monitoring.
B SHARP PROGRAMS ARE DESIGNED TO BE UNIQUE TO THE COMMUNITY AND CULTURE OF ITS PARTICIPANTS, ENABLING CHILDREN TO FEEL A STRONG SENSE OF SELF-WORTH, TO SUCCEED ACADEMICALLY, AND TO UNDERSTAND THEIR VALUE WITHIN THEIR COMMUNITY. THE B SHARP PROGRAMS ARE TYPICALLY OPERATED THROUGH A PARTNERSHIP WITH THE FORT WORTH INDEPENDENT SCHOOL DISTRICT.
Each student in B Sharp benefits from a rich music curriculum that creates a caring, cooperative, and fun community. Total enrollment for the school year was: 0 - B Sharp Program of Choice...
Each student in B Sharp benefits from a rich music curriculum that creates a caring, cooperative, and fun community. Total enrollment for the school year was: 0 - B Sharp Program of Choice (Kinder-5th grade), 0 - B Sharp After School (2nd-5th grade), and 0 - B Sharp Youth Orchestra (Symphony & Philharmonic Orchestra). The program was shut down due to Covid, so that's why there was no enrollment. Students in the program also benefit from B Sharp Youth Music Program's academic support, creative outlets, parent engagement, and social/emotional focus. We offered over 10 different classes in the form of Music Theory, Choir, Orchestra, Wind Ensemble, Drum Circle, Bucket Band, Percussion Ensemble, Chamber Strings, B Sharp Singers, Leadership, String Ensemble, Social Skills, and Feelings from A to Z taught from our own curriculum which is based on the state standards when appropriate. Overall, our students outperformed their peers in all categories measured by the Fort Worth Independent School District (core passing rates in ELA, Math, Science, and Social Studies, College and Career Readiness, Behavior/Discipline, and Attendance). 90% of all B Sharp musicians are on track to achieve appropriate musical success based on our B Sharp Performance Levels.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $114,094 | $269,571 | -0.6% |
| Expenses | $124,079 | $209,983 | -0.4% |
| Net Income | $-9,985 | $59,588 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jennifer Hay | Officer | 60.0 |
Director
|
$88,417 | $0 | $88,417 |
| John C Goff | Chairman/Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Marvin E Blum | Secretary/Director | 0.5 |
Director
|
$0 | $0 | $0 |
| Melody A Johnson | Director | 0.5 |
Director
|
$0 | $0 | $0 |
| Jennifer L Terrell | Chief Accounting Officer | 6.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $114,094 | $124,079 | No data | $-9,985 |
| 2021 | $269,571 | $209,983 | $9,985 | $59,588 |
| 2020 | $387,851 | $465,267 | $20,196 | $-77,416 |
| 2019 | $471,495 | $438,491 | $30,379 | $33,004 |
Compare B Sharp Youth Music Program with other nonprofits in Texas and across the country.