EAST BRUNSWICK, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VERITAS YOUTH ORCHESTRA A NJ NONPROFIT CORPORATION, founded in 2016, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $14K in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year. Expenses of $16K exceeded revenue, resulting in a 18% operating deficit.
The VYOs mission is to provide musical training to a wide array of students of all levels and backgrounds, to promote excellence while fostering individual development, and to educate musicians and community members.
The VYOs mission is to provide musical training to a wide array of students of all levels and backgrounds, to promote excellence while fostering individual development, and to educate musicians and...
The VYOs mission is to provide musical training to a wide array of students of all levels and backgrounds, to promote excellence while fostering individual development, and to educate musicians and community members. VYO programs encompass Veritas Youth Symphony Orchestra, a full symphonic orchestra open to qualified applicants of grade-school age Veritas Chamber Ensemble, an advanced training ensemble a Veritas Plus, offering Veritass alumni ensemble opportunity. Participants have learned bigger ensemble repertoire through rehearsals and concerts. Also have had opportunities having Masterclasses and Recital by concert performers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $13,607 | $15,390 | -0.1% |
| Expenses | $16,016 | $17,599 | -0.1% |
| Net Income | $-2,409 | $-2,209 | +0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MIRA KANG | ARTISTIC DIRECTOR | 006.00 |
Director
|
$0 | $0 | $0 |
| DAVID SUNGHI JEONG | BOARD MEMBER / CONDUCTOR | 002.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH LYNCH | BOARD MEMBER | 002.00 |
Director
|
$0 | $0 | $0 |
| JACQUELINE FUNG | TREASURER | 002.00 |
Director
|
$0 | $0 | $0 |
| MENG LI | PRESIDENT | 002.00 |
Officer
|
$0 | $0 | $0 |
| FANGKUN LEE | SECRETARY | 002.00 |
Officer
|
$0 | $0 | $0 |
| SUNNY CHANG | HOSPITALITY | 002.00 |
Officer
|
$0 | $0 | $0 |
| NANJING ZHANG | BOARD MEMBER | 002.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $13,607 | $16,016 | $2,075 | $-2,409 |
| 2022 | $15,390 | $17,599 | $4,484 | $-2,209 |
| 2021 | $7,016 | $17,924 | $6,693 | $-10,908 |
| 2020 | $14,150 | $7,850 | $17,601 | $6,300 |
| 2019 | $21,825 | $22,332 | $11,301 | $-507 |
| 2018 | $18,599 | $13,966 | $11,808 | $4,633 |
Compare VERITAS YOUTH ORCHESTRA A NJ NONPROFIT CORPORATION with other nonprofits in New Jersey and across the country.