IDAHO MUSIC EDUCATORS ASSOCIATION INC (EIN 831321636) - 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

1954

Legal Domicile

Principal Officer

ROBERT WICKS

Phone

2084043072

Tax Period

2023-07-01 to 2024-06-30

IDAHO MUSIC EDUCATORS ASSOCIATION INC, founded in 1954, is a small nonprofit in the Arts, Culture & Humanities sector that reported $312K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE IDAHO MUSIC EDUCATORS ASSOCIATION, INC. IS TO ADVANCE AND ADVOCATE FOR STANDARDS BASED MUSIC EDUCATION IN ALL IDAHO SCHOOLS, TO FOSTER PERSONAL AND PROFESSIONAL GROWTH OF MUSIC EDUCATORS, AND TO ENCOURAGE AND ENHANCE MUSICAL OPPORTUNITIES FOR ALL STUDENTS THROUGHOUT THE STATE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $62,149

Program Service Revenue $243,198

Investment Income $3,270

Other Revenue $3,103

TOTAL REVENUE $311,720

Expense Breakdown

Grants Paid $1,440

Salaries & Benefits $22,000

Fundraising Expenses $0

Program Expenses $231,604

Other Expenses $282,352

TOTAL EXPENSES $305,792

Year-over-Year Comparison

	2023	2022	Change
Revenue	$311,720	$258,304	+0.2%
Expenses	$305,792	$262,956	+0.2%
Net Income	$5,928	$-4,652	-2.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

123

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

$25,500

Total Directors

$5,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON MARSHALL	PRESIDENT	10.00	Officer Director	$1,000	$0	$1,000
ROBERT WICKS	PRESIDENT - ELECT	15.00	Officer Director	$1,500	$0	$1,500
KATHY STEFANI	PAST PRESIDENT	15.00	Officer Director	$2,000	$0	$2,000
KRISTY ROMANO	SECRETARY	10.00	Officer Director	$0	$0	$0
HIROSHI FUKUOKA	IHSAA REPRESENTATIVE	4.00	Director	$0	$0	$0
JAMES PHILLIPS	DISTRICT I PRESIDENT	2.00	Director	$0	$0	$0
BRENDON BURNS	DISTRICT II PRESIDENT	2.00	Director	$0	$0	$0
ADRIANA CALOCA-SENE	DISTRICT III PRESIDENT	2.00	Director	$500	$0	$500
NICHOLAS WUPPER	DISTRICT III VICE PRESIDENT	2.00	Director	$0	$0	$0
JEFF COLLIER	DISTRICT IV PRESIDENT	2.00	Director	$0	$0	$0
GREG GOODWORTH	DISTRICT V PRESIDENT	2.00	Director	$0	$0	$0
JULIE SCHINDLER	DISTRICT VI PRESIDENT	2.00	Director	$0	$0	$0
CHRIS DUNBAR	GEM STATE PRESIDENT	1.00	Director	$0	$0	$0
WAYNE MILLETT	EXECUTIVE DIRECTOR (NON-VOTING)	30.00	Officer	$21,000	$0	$21,000

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	No data	No data	No data	No data
2024	$311,720	$305,792	$191,031	$5,928
2023	$258,304	$262,956	$193,079	$-4,652
2022	$199,873	$167,206	$189,755	$32,667
2021	$21,242	$43,214	$157,088	$-21,972
2020	$184,164	$181,107	$179,060	$3,057

IDAHO MUSIC EDUCATORS ASSOCIATION INC