Totem Star (EIN 823271788) - 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

2017

Legal Domicile

Principal Officer

Daniel Pak

Phone

2066509003

Tax Period

2024-01-01 to 2024-12-31

Totem Star, founded in 2017, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $580K, a strong 47% operating margin.

Mission

To support a diverse community of young recording artists learning music and life skills through mentorship and meaningful relationships. Our work in the studio and on the stage fosters growth in collaboration, leadership, and self-identity.

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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 $1,219,492

Program Service Revenue $16,730

Investment Income $4,167

Other Revenue $4,015

TOTAL REVENUE $1,244,404

Expense Breakdown

Grants Paid $0

Salaries & Benefits $444,681

Fundraising Expenses $113,559

Program Expenses $400,284

Other Expenses $206,063

TOTAL EXPENSES $664,828

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,244,404	$774,254	+0.6%
Expenses	$664,828	$681,077	0.0%
Net Income	$579,576	$93,177	+5.2%

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

Volunteers

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

$112,029

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel Pak	Executive Dir.	36.00	Officer	$108,626	$3,403	$112,029
Jon Stone	President	1.00	Officer Director	$0	$0	$0
Wendy Simmons	Vice President	1.00	Officer Director	$0	$0	$0
Michelle Tran	Secretary	1.00	Officer Director	$0	$0	$0
Brian Myers	Director	1.00	Director	$0	$0	$0
Shawna Angelou	Director	1.00	Director	$0	$0	$0
Janie Hendrix	Director	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	$1,244,404	$664,828	$2,267,493	$579,576
2023	$774,254	$681,077	$1,716,030	$93,177
2022	$992,560	$559,728	$1,039,857	$432,832
2021	$564,877	$421,388	$585,821	$143,489
2020	$449,027	$328,447	$446,212	$120,580

Totem Star