International Jazz Day AZ

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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

2017

Legal Domicile

Principal Officer

William Doc Jones

Phone

6025247998

Tax Period

2024-01-01 to 2024-12-31

International Jazz Day AZ, founded in 2017, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $87K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring.

Mission

Organizing music festivals for cultural and entertainment purposes and provide opportunities for youth jazz programs

Program Service Accomplishments

Program 1

Expenses: $23,351

sponsorship of jazz programs for youth and cultural awareness for jazz music

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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 $52,203

Program Service Revenue $0

Investment Income $0

Other Revenue $35,141

TOTAL REVENUE $87,344

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,215

Fundraising Expenses $23,351

Program Expenses $23,351

Other Expenses $75,191

TOTAL EXPENSES $93,406

Year-over-Year Comparison

	2024	2023	Change
Revenue	$87,344	$179,369	-0.5%
Expenses	$93,406	$96,327	0.0%
Net Income	$-6,062	$83,042	-1.1%

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

N/A

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

$18,215

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Doc Jones	Executive Dir.	20.00	Director	$18,215	$0	$18,215

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	$87,344	$93,406	$132,582	$-6,062
2023	$179,369	$96,327	$133,193	$83,042