FRIENDS OF MUSIC (EIN 822972616) - 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

Kevin Svboda

Phone

4147085078

Tax Period

2024-08-01 to 2025-07-31

FRIENDS OF MUSIC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $273K in total revenue in fiscal year 2024. The organization ran a surplus of $54K, a strong 20% operating margin.

Mission

Parents/students/community support group for the band/orchestra & vocal music program for the Greendale school District

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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 $182,826

Program Service Revenue $0

Investment Income $0

Other Revenue $90,016

TOTAL REVENUE $272,842

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $32,771

Program Expenses $219,293

Other Expenses $219,293

TOTAL EXPENSES $219,293

Year-over-Year Comparison

	2024	2023	Change
Revenue	$272,842	N/A	N/A
Expenses	$219,293	N/A	N/A
Net Income	$53,549	$0	N/A

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

N/A

Volunteers

235

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevon Svboda	President	5.00	Officer Director	$0	$0	$0
Suzanne Schunck	Treasurer	2.00	Officer Director	$0	$0	$0
Tom Reifenberger	Band Operations Director	40.00	Director	$0	$0	$0
Michael Jones	Choir Operations Director	30.00	Director	$0	$0	$0
Brittney Whiting	Orchestra Operations Director	20.00	Director	$0	$0	$0
Liz Parsons	member at Large	20.00	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
2025	$272,842	$219,293	$86,431	$53,549

FRIENDS OF MUSIC