Suzuki Academy of Columbia

EIN: 823052418 501(c)(3) Education

Columbia, SC

Total Revenue
$267,327
Total Expenses
$253,861
Total Assets
$104,692
Net Assets
$104,692
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
SC
Principal Officer
Sarah J Evanovich
Phone
8037301448
Tax Period
2024-06-01 to 2025-05-31

Suzuki Academy of Columbia, founded in 2017, is a small nonprofit in the Education sector that reported $267K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $254K left a modest 5% surplus.

Mission

The mission of the Suzuki Academy of Columbia is to enrich the lives of children through studying a musical instrument from an early age. Our philosophy is based on the teachings of Dr. Shinichi Suzuki, who believed that every child has the ability to learn music based on the principles of language acquisition. We strive to create a positive and nurturing environment, where parents and teachers work together to foster the child's success. The Suzuki Academy of Columbia and UofSC provides musical instrument instruction to students ages three and older on the violin, viola, cello, and classical guitar using the philosophies and methods of Dr. Shinichi Suzuki.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $29,484
Program Service Revenue $234,359
Investment Income $1,526
Other Revenue $1,958
TOTAL REVENUE $267,327

Expense Breakdown

Grants Paid $0
Salaries & Benefits $195,652
Fundraising Expenses $0
Program Expenses $228,475
Other Expenses $58,209
TOTAL EXPENSES $253,861

Year-over-Year Comparison

2024 2023 Change
Revenue $267,327 $224,958 +0.2%
Expenses $253,861 $220,695 +0.2%
Net Income $13,466 $4,263 +2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
9
Volunteers
15

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
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah J Evanovich Executive Director 40.00
$37,129 $0 $37,129
Kevin Meredith Board Member 0.00
Director
$0 $0 $0
Drew Baron Board Member 0.00
Director
$0 $0 $0
Frank Thomas Treasurer 0.00
Officer
$0 $0 $0
Robert Cathcart III President 0.00
Officer
$0 $0 $0
Adam Jandeska Board Member 0.00
Officer
$0 $0 $0
Angela Matanane Secretary 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 $267,327 $253,861 $104,692 $13,466
2024 $224,958 $220,695 $95,871 $4,263
2023 $214,593 $196,429 $91,243 $18,164
2022 $205,584 $199,163 $72,575 $6,421
2021 $213,231 $190,267 $67,374 $22,964
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Suzuki Academy of Columbia with other nonprofits in South Carolina and across the country.