GREAT BEND CENTER FOR MUSIC

EIN: 821699863 501(c)(3) Public & Societal Benefit

UNION, WA

Total Revenue
$380,940
Total Expenses
$385,540
Total Assets
$260,551
Net Assets
$237,885
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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
WA
Principal Officer
MATTHEW MELENDEZ-BLEGEN
Phone
2069314338
Tax Period
2023-07-01 to 2024-06-30

GREAT BEND CENTER FOR MUSIC, founded in 2017, is a small nonprofit in the Public & Societal Benefit sector that reported $381K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum.

Mission

Sound Scholars: Great Bends flagship early learning program is Sound Scholars, an entirely online, research-based early learning program that uses music to build kindergarten readiness. Designed originally to serve rural families without access to high quality early learning in our Olympic Peninsula home, the program is as accessible as it is rigorous. Delivered via lively interactive Zoom sessions, students participate on laptops, tablets and cell phones in bedrooms, living rooms and minivans. Each fast-paced, 30-minute session focuses on preparing kids for ensemble participation (learning teamwork) and includes age-appropriate ear training, music literacy, ensemble practice, songcraft, vocabulary, listening, and leadership activities with a strong STEM focus and a range of daily Social Emotional Learning (SEL) activities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $92,583
Program Service Revenue $278,528
Investment Income $9,829
Other Revenue $0
TOTAL REVENUE $380,940

Expense Breakdown

Grants Paid $0
Salaries & Benefits $293,552
Fundraising Expenses $20,807
Program Expenses $262,086
Other Expenses $91,988
TOTAL EXPENSES $385,540

Year-over-Year Comparison

2023 2022 Change
Revenue $380,940 $202,114 +0.9%
Expenses $385,540 $205,640 +0.9%
Net Income $-4,600 $-3,526 +0.3%
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
4
Independent Members
2
Employees
6
Volunteers
35

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
1
$50,000
Total Directors
4
$50,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW MELENDEZ-BLEGEN Director 40.00
Officer Director
$50,000 $0 $50,000
ERIN MARINACHE President 1.00
Director
$0 $0 $0
HADLEY DANIELSON Secretary 1.00
Director
$0 $0 $0
NANCY BAYLEY Treasurer 1.00
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 $380,940 $385,540 $260,551 $-4,600
2023 $202,114 $205,640 $254,551 $-3,526
2022 $574,418 $400,403 $259,694 $174,015
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