MUSIC MOVES LTD

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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

REGINALD JAMES

Phone

4796444126

Tax Period

2024-01-01 to 2024-12-31

MUSIC MOVES LTD, founded in 2018, is a small nonprofit that reported $578K in total revenue in fiscal year 2024. Expenses of $660K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO SHARE AFRICAN AMERICAN MUSIC TO STUDENTS AND COMMUNITIES THROUGH PERFOMANCE AND EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $574,638 Revenue: $659,816

PERFORMED AT VARIOUS VENUES AND PROMOTED AND EDUCATED THROUGH USE OF SOCIAL MEDIA, WEBSITES, AND LOCAL TELEVISION.

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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 $363,610

Program Service Revenue $214,806

Investment Income $0

Other Revenue $0

TOTAL REVENUE $578,416

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $28,558

Program Expenses $574,638

Other Expenses $659,816

TOTAL EXPENSES $659,816

Year-over-Year Comparison

	2024	2023	Change
Revenue	$578,416	$588,773	0.0%
Expenses	$659,816	$1,107,225	-0.4%
Net Income	$-81,400	$-518,452	-0.8%

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

N/A

Employees

N/A

Volunteers

N/A

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
REGINALD JAMES	PRESIDENT	10.00	Officer	$0	$0	$0
ANTHONY BALL	SECRETARY	20.00	Officer	$0	$0	$0
JASON SMITH	TREASURER	0.00	Officer	$0	$0	$0
GRADY NICHOLS	VICE PRESIDENT	0.00	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
2024	$578,416	$659,816	$31,825	$-81,400
2023	$588,773	$1,107,225	$15,193	$-518,452
2023	$588,773	$1,107,225	$15,193	$-518,452
2022	$1,119,024	$652,450	$609,717	$466,574
2021	$396,470	$316,538	$124,299	$79,932