REAL LIFE REAL MUSIC FOUNDATION

EIN: 813234279 501(c)(3)

HEARNE, TX

Total Revenue
$2,404
Total Expenses
$1,250
Total Assets
$1,266
Net Assets
$1,266
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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
2016
Legal Domicile
TX
Principal Officer
KYLE HUTTON
Phone
7135428189
Tax Period
2024-01-01 to 2024-12-31

REAL LIFE REAL MUSIC FOUNDATION, founded in 2016, is a micro nonprofit that reported $2K in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1K, a strong 48% operating margin.

Mission

THE MISSION OF THE REAL LIFE REAL MUSIC FOUNDATION IS TO BUILD AND PROMOTE THE VALUES TAUGHT BY JESUS CHRIST IN THE SECULAR WORLD AND MEDIA BY PROVIDING LIFE DEVELOPMENT RESOURCES AND MENTORING PROGRAMS TO MUSICAL ARTIST AND THEIR COMMUNITIES, FUNDING MUSICAL ARTISTIC ENDEAVORS, AND PROVIDING MUSICAL EDUCATION IN LOCAL COMMUNITIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $2,404
TOTAL REVENUE $2,404

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,250
Other Expenses $1,250
TOTAL EXPENSES $1,250

Year-over-Year Comparison

2024 2023 Change
Revenue $2,404 $19,979 -0.9%
Expenses $1,250 $51,170 -1.0%
Net Income $1,154 $-31,191 -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

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Governance

Voting Members
3
Independent Members
2
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYLE HUTTON DIRECTOR 5.00
Director
$0 $0 $0
STEVE SAID DIRECTOR 5.00
Director
$0 $0 $0
MIKE DAVIS 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 $2,404 $1,250 $1,266 $1,154
2023 $19,979 $51,170 $7,112 $-31,191
2022 $6,591 $37,675 $31,303 $-31,084
2021 $7,809 $41,629 $62,387 $-33,820
2020 $6,819 $108,739 $96,206 $-101,920
2019 $329,984 $178,592 $198,125 $151,392
2018 $168,246 $188,073 $46,573 $-19,827
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