Generation Music & Art Academy (EIN 813584208) - 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

2016

Legal Domicile

Phone

5102009360

Tax Period

2024-07-01 to 2025-06-30

Generation Music & Art Academy, founded in 2016, is a small nonprofit that reported $244K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $406K exceeded revenue, resulting in a 67% operating deficit.

Mission

Generation Music & Arts Academy strives to inspire, educate, and empower the youth to become creative thought leaders.

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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 $20,500

Program Service Revenue $219,703

Investment Income $44

Other Revenue $3,280

TOTAL REVENUE $243,527

Expense Breakdown

Grants Paid $0

Salaries & Benefits $313,150

Fundraising Expenses $0

Other Expenses $92,523

TOTAL EXPENSES $405,673

Year-over-Year Comparison

	2024	2023	Change
Revenue	$243,527	$738,543	-0.7%
Expenses	$405,673	$701,450	-0.4%
Net Income	$-162,146	$37,093	-5.4%

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

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

$127,752

Total Directors

$46,363

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANNA LANDAYAN	CHAIRMAN	10	Director	$0	$0	$0
ARIEL MAYORMITA	BOARD	5	Director	$1,300	$0	$1,300
MARIETTA OCAMPO	BOARD	5	Director	$0	$0	$0
MELINDA MARTIN	BOARD	5	Director	$0	$0	$0
AL RINCON	BOARD	5	Director	$0	$0	$0
ANTHONY THOMAS	BOARD	5	Director	$0	$0	$0
ROBERT BULATAO	EXECUTIVE DIRECTOR	40	Officer Director	$0	$0	$0
ELYNEIR TORRES	OPERATIONS SUPPORT	40	Officer	$66,560	$0	$66,560
CRISALIE TORELLA	FINANCE SUPPORT	40	Officer	$16,129	$0	$16,129
CYNTHIA GOCO NAKAR	EXECUTIVE DIRECTOR	40	Officer Director	$45,063	$0	$45,063
JAMES RICHARD	CHAIRMAN	10	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
2025	$243,527	$405,673	$235,948	$-162,146
2024	$738,543	$701,450	$320,953	$37,093
2023	$650,034	$553,342	$293,426	$96,692
2022	$494,975	$414,868	$194,396	$80,107
2020	$214,481	$214,743	$90,610	$-262
2019	$203,007	$194,031	$42,054	$8,976

Generation Music & Art Academy