POSS MUSIC WORKS NFP (EIN 821686031) - 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

2018

Legal Domicile

Principal Officer

WILLIAM PASSALACQUA

Phone

5122034619

Tax Period

2024-07-01 to 2025-06-30

POSS MUSIC WORKS NFP, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $241K in total revenue in fiscal year 2024. Expenses of $214K left a modest 11% surplus.

Mission

PROMOTE THE ARTS THROUGH LIVE MUSICAL PERFORMANCES IN RURAL 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $230,849

Investment Income $0

Other Revenue $0

TOTAL REVENUE $240,849

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,000

Fundraising Expenses $0

Program Expenses $188,150

Other Expenses $188,150

TOTAL EXPENSES $214,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,849	$233,732	+0.0%
Expenses	$214,150	$232,252	-0.1%
Net Income	$26,699	$1,480	+17.0%

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

Governance

Voting Members

N/A

Independent Members

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

$26,000

Total Directors

$26,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM PASSALACQUA	EXECUTIVE DIRECTOR	5.00	Officer Director	$20,000	$0	$20,000
EDWARD DETERS	DIRECTOR	1.00	Officer Director	$0	$0	$0
GARRETT BURRIS	DIRECTOR	5.00	Officer Director	$6,000	$0	$6,000
ERIN GOLDSTEIN	PRESIDENT	1.00	Officer	$0	$0	$0
DOUG WINTERS	TREASURER	1.00	Officer	$0	$0	$0
LOUISE LYBARGER	VICE PRESIDENT	1.00	Officer	$0	$0	$0
HOLLY BRAY	BOARD MEMBER	1.00	Officer	$0	$0	$0
AMBER WAKEFIELD	BOARD MEMBER	1.00	Officer	$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	$240,849	$214,150	$56,051	$26,699
2024	$233,732	$232,252	$29,352	$1,480

POSS MUSIC WORKS NFP